$1,399,000
14 days on market
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This property could be a starter home for those Who want to get into this amazing neighbourhood and are not afraid of renovation work. Sitting on a spectacular 45 ft x 300 ft lot fronting onto Ellerslie Park and surrounded by custom homes, it offers exceptional potential. The home itself is filled with natural light and features a self-contained basement apartment with a separate entrance. It can be renovated to suit personal use, flipped by a renovator, or rebuilt entirely by a builder on this rare, large and private lot. Permit approval is already in place for conversion to a fourpléx, creating three one-bedroom units and a studio, all without any structural changes required to the exterior. Ideally located close to schools, public transit, shopping, and all amenities, this property combines size, location, and endless opportunity. Property is being sold in "as-is, where-is" condition.
480 Ellerslie Avenue
Closest publicly funded schools within 5 km · tap a row for EQAO breakdown
Source: Ontario Ministry of Education · EQAO scores 0–100 · straight-line distances
Nearest rapid transit and bus stops
Source: TTC GTFS · straight-line distances · routes shown are short names
4 within a 10-min walk · 62 within 20 min · click a card to see the closest ones
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance
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Data last updated: April 19, 2026 at 03:42 p.m.