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Danforth Village-East York, Toronto
$1,188,000
This unbeatable detached bungalow nestled in the heart of East York. Fully renovated in 2021, Featuring a rarely offered legal second unit in the basement with nearly 8 feet ceiling, ideal for multi-generational living, extended family, or rental income. Equipped with two separate hydro meters at total 200-amp electrical service. The main floor boasts a bright bay window for maximum sunlight, and a primary bedroom with a private ensuite bathroom. Enjoy engineered hardwood flooring on the main level, new vinyl flooring in the basement, and fresh paint on both floors. Extensive upgrades include newer window, insulation, plumbing, electrical wiring, heating, furnace, A/C, and a tankless hot water system for year-round comfort. Private driveway, Upgraded Front railing for more safety. Exceptionally convenient neighborhood, just steps to the East York Civic Centre, Michael Garron Hospital, library, TTC, parks, and schools. Minutes walking to subway station, Woodbine Beach, the lakefront, downtown, highway. A fantastic opportunity to own a turnkey home with income potential in one of Toronto's most sought-after communities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,734 |
| Lot Size | 30 ft x 98.37 ft |
| mls© Number | E13669590 |
| Listed By | HOMELIFE LANDMARK REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,081
- Property tax
- $395
- Heat allowance
- $150
- Housing costs
- $6,625 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$204,000
gross annual household income
- Payment at 4%
- $4,999 / mo
- Cash down
- $237,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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