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50 Elinor Ave, Scarborough, ON

Name: 50 Elinor Ave, For Sale in Scarborough - eXp Realty
Brand: RE/MAX PROFESSIONALS INC.
SKU: E13177558
Price: 1199999 CAD

House

For Sale

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539

MLS® E13177558

Open House

Sun May 31, 6:00 p.m. - 8:00 p.m. UTCSat May 30, 6:00 p.m. - 8:00 p.m. UTC

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage Yes

Taxes $4,728

Days Active 0

Lot Size

Approx. Age

MLS® Number E13177558

Property Address: 50 Elinor Ave, Scarborough, ON, M1R3H4

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to a Rare Opportunity Offering Charm, Space, Strong Income Potential, and Future Redevelopment Possibilities - All Situated on an Exceptional 40 x 193 Ft Lot. This Beautifully Maintained 3+2 Bedroom Bungalow Delivers Incredible Flexibility for Investors, Multi-Generational Families, or Buyers Seeking the Perfect Blend of Comfortable Living and Significant Rental Income.The Main Level Features a Warm and Functional Layout Highlighted by an Updated Kitchen With Quartz Countertops (2025), New Main Floor Kitchen Appliances (2025), and Bright, Inviting Living Spaces Filled With Natural Light. The Finished Basement Includes Two Separate Tenanted Units - a Bachelor Suite and a 1-Bedroom, 1-Bath Suite - Currently Generating $3, 140/Month in Rental Income, With Total Projected Rental Income Potential of Approximately $6, 140/Month Including the Main Level.What Truly Elevates This Property Is the Exceptional Lot Size and Future Potential. The Expansive Backyard Presents Exciting Opportunities for a Future Garden Suite, Rear Addition, or Even a Custom New-Build Opportunity (Buyer to Complete Their Own Due Diligence). The Large Detached 2-Car Garage Already Features Existing Water and Power Supply, Offering Outstanding Potential for a Future Garage Conversion Into One or Possibly Two Additional Income-Generating Units.Pride of Ownership Is Evident Throughout With Numerous Recent Updates Including a New Roof (2025), Repaired and Cleaned Gutters (2026), Basement Renovations (2021), and Epoxy Garage Flooring (2023). Existing Solar Panels Help Offset Utility Costs by Approximately $300-$400/Month on Average.Whether You're Looking for a Turnkey Investment, a Multi-Income Property, or a Home With Long-Term Redevelopment Potential, This Property Offers Exceptional Value, Versatility, and Endless Possibilities on an Oversized Lot in a Highly Desirable Setting. (id:58753)Show Description

MLS® NumberE13177558

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementFinished, Apartment in basement, Separate entrance, N/A

DrivewayDetached Garage, Garage

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

00/00/0000End Date

$XXX,XXXSold Price

Top Secret

00/00/0000List Date

$XXX,XXXList Price

-End Date

Not Sold YetSold Price

For Sale

May 26, 2026List Date

$1,199,999List Price

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Home Appraisal

This property is estimated to sell between: $1,007,000 and $1,297,000.

Similar properties in this area sold on average for: $1,007,968

Expected to sell in 22 days. Similar properties sold in 22 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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800 - 1070 Douglas Street, Victoria, BC, V8W2C4

833-303-0610

[email protected]

eXp Realty.

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For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.