$1,399,000
16 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, ranked by EQAO standardized test scores
R = Reading · W = Writing · M = Math · arrows show 3-year change
Top 25% of Ontario elementary schools
R = Reading · W = Writing · M = Math · arrows show 3-year change
Top 50% of Ontario elementary schools
R = Reading · W = Writing · M = Math · arrows show 3-year change
Arrows show 3-year change
EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education
Nearest rapid transit and bus stops
4 within a 10-min walk · 62 within 20 min · click a card to see the closest ones
Listing provided by REMAX YOUR COMMUNITY REALTY
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Data last updated: April 21, 2026 at 09:42 p.m.
Top 50% of Ontario secondary schools
Arrows show 3-year change
Source: TTC GTFS · straight-line distances · routes shown are short names
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance