Detached House for sale at 98 Elma Street, Toronto, Ontario, M8V 1X8 - Mimico - MLS: W13449974

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98 Elma Street

Toronto, Ontario, M8V 1X8 - Mimico

$799,000

Virtual Tour

Neighbourhood

Mimico
Major Intersection

Lake Shore Blvd W & Royal York Rd

Listed Since: 10 day(s)
Last update: 6 day(s) ago

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Overview

Property Type

Detached, Bungalow
Bedrooms

2
Bathrooms

1
Basement

Unfinished
Kitchen

1
Total Parking

n/a
Lot Size

25x125 (Feet)
Taxes

$4,683.00 (2025)
Type

Freehold

Property Description

Property description for 98 Elma Street, Toronto

Welcome to 98 Elma Street, a cherished one-owner family home on a quiet one-way street in the heart of Mimico, offering a larger-than-average bungalow layout in one of South Etobicoke's most desirable lakeside communities. Lovingly maintained by the same family for generations, this rare offering presents an opportunity to own a home filled with warmth, pride of ownership, and endless potential.This move-in ready bungalow offers a generous and functional floor plan that is increasingly difficult to find in this highly sought-after community. The main floor features bright, open-concept living and dining areas, an eat-in kitchen with walkout to the backyard, two generous bedrooms, an updated 3-piece bathroom, convenient main-floor laundry, newer laminate flooring throughout, and a freshly painted interior that creates a warm and welcoming atmosphere. A recent home inspection noted no active knob-and-tube wiring, and the home is serviced by a breaker panel with 100-amp electrical service.The unfinished basement provides exceptional storage and future potential for additional living space, a recreation room, workshop, or personalized renovation. Situated on a desirable 25 x 125-foot lot, this property offers endless possibilities for first-time buyers, downsizers, renovators, investors, or those looking to build their dream home in a thriving neighbourhood.Enjoy all that Mimico has to offer, just minutes from Mimico GO Station, the Gardiner Expressway, waterfront parks and trails, Humber Bay Shores, local shops, restaurants, schools, and neighbourhood favourites including SanRemo Bakery. Experience the charm of a mature, family-friendly community while enjoying convenient access to downtown Toronto.A rare opportunity to secure a larger-than-average bungalow on a deep lot in one of South Etobicoke's most sought-after neighbourhoods and write the next chapter in a home that has been loved by one family for decades.

Listed by EXP REALTY

Property details

MLS #

W13449974
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

None
Total Parking

0
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Shingles
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W13449974
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

None
Total Parking

0
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Shingles
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

4.09 x 3.61 ft Main level

Laminate, Combined W/Dining
Dining

4.04 x 3.58 ft Main level

Laminate, Combined W/Living
Kitchen

3.84 x 4.11 ft Main level

Laminate, Eat-In Kitchen, Large Window
Primary

4.09 x 3.02 ft Main level

Laminate, Closet
2nd Br

3.45 x 3.02 ft Main level

Laminate, Closet

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Open house for 98 Elma Street, Toronto

Local Real Estate Price Trends for Detached in Mimico

Active listings

Average Selling Price of a Detached

May 2026

$1,320,000

Last 3 Months

$1,218,925

Last 12 Months

$1,148,858

May 2025

$1,143,221

Last 3 Months LY

$1,269,407

Last 12 Months LY

$1,441,334

Change

15%

Change

-4%

Change

-20%

Historical Average Selling Price of a Detached in Mimico

Average Selling Price

3 years ago

$1,303,568

Average Selling Price

5 years ago

$1,692,214

Average Selling Price

10 years ago

$780,474

Change

-22%

Change

69%

How many days Detached takes to sell (DOM)

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

100%

Change

-4%

Change

10%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.