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For Sale
Just Listed
Open House Sat 1820

98 Elma Street

Mimico, Toronto, ON
$799,000
2Bd
1Ba
1,300+sqft
0Parking
25 x 125 ftlot
$615/sqft
DetachedMLS# W13449974Listed 2026-06-161 DOM
Heating
Water Heater
Cooling
Central Air
Basement
Unfinished

Just listed! New listings in Toronto often receive offers within the first week.

About this home

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.

WaterfrontWalkout

Rooms

Main Floor
Living Room4.09 × 3.61 m
Dining Room4.04 × 3.58 m
Kitchen3.84 × 4.11 m
Primary Bedroom4.09 × 3.02 m
Bedroom 23.45 × 3.02 m

Features

  • Primary Bedroom - Main Floor
  • Sump Pump
  • Water Heater
  • Unfinished
  • Central Air
  • Bungalow

Financials

Annual Taxes
$4,683

Estimated Rental Income

Entire property$2,600 – $3,800/mo
Rental yield3.9% – 5.7%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market1 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

Our estimate for this home

Priced 41.0% below estimate
Estimated range
$1.25M$1.45M
Mid-point $1.35M · ~$1041/sqft
How this listing compares
$1.25MList · $799K$1.45M
Low confidence·Based on 9 mimico comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$799,000
98 Elma Street, Toronto
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