







2 Ellins Avenue
Rockcliffe-Smythe, Toronto
$899,900
Exceptional opportunity for investors, end-users, multi-generational families and co-ownership buyers seeking flexibility, income potential and long-term upside. This unique detached bungalow features two separate entrances, two kitchens and two driveways, offering excellent versatility for extended-family living, rental use or future redevelopment. A major highlight is the rare parking configuration: a large detached one-car garage with private driveway access from Jane Street, plus a second driveway directly off Ellins Avenue with an active City of Toronto Front-Yard Parking Permit ($374.18/year). Adding to the value, a recent updated survey and conceptual plans for a four-unit residential property are available, showcasing the property's strong potential for conversion to a 4-plex, together with the possibility of a garden suite, subject to applicable municipal approvals. Located in a highly convenient Toronto neighbourhood close to Bloor West Village, The Junction, The Stockyards, TTC, Jane Station, schools, parks, golf, shopping and restaurants. A rare opportunity to secure a versatile property with immediate use, multiple options and significant future potential.
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| Type | Detached |
| Style | Bungaloft |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,480 |
| Lot Size | 28.03 ft x 115.21 ft |
| mls© Number | W13776180 |
| Listed By | FOREST HILL REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,606
- Property tax
- $290
- Heat allowance
- $150
- Housing costs
- $5,046 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$155,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $179,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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