Set on a quiet, low-traffic one-way street in Toronto's highly desirable lakeside community of Mimico, 80 Elma Street is a beautifully maintained, move-in-ready detached two-storey home offering the perfect blend of comfort, timeless charm, and exceptional family living-all just steps from the lake, excellent schools, parks, TTC, and the waterfront boardwalk and bike paths.Inside, the home features 4+1 bedrooms, 3 bathrooms, and over 2,200 sq ft of sun-filled living space with an easy, thoughtful layout designed for everyday living. Original character details such as pocket doors and multi-paned windows are seamlessly balanced with modern updates, including hardwood floors throughout, abundant storage, a 100-amp breaker panel, new high-efficiency forced-air furnace, and central air conditioning (heat pump).The main level is generously sized for both family life and entertaining, anchored by a bright kitchen with a walk-out to a private deck and fully fenced backyard surrounded by lush perennial gardens. Upstairs, four spacious bedrooms with double closets offer ample storage, including a serene primary bedroom with a Juliette balcony. A large five-piece family bathroom completes the upper level.The lower level adds outstanding versatility with a dedicated laundry room and a one-bedroom income-generating basement apartment with its own separate entrance-ideal for a nanny or in-law suite, guests, or rental income.Situated on a 32.5 x 125 ft lot, the property also offers rare, convenient parking with a detached garage and private driveway for up to five cars.Enjoy a true community feel in vibrant Mimico, just a short stroll to neighbourhood favourites including San Remo Bakery, Jimmy's Coffee, Revolver Pizza, and Blooms & General. Close to Lake Ontario and surrounded by green spaces, this home offers comfort, function, and a lifestyle you'll love in one of Toronto's most sought-after lakeside neighbourhoods.