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East End-Danforth, Toronto
$1,399,999
Exceptional Opportunity in a prime Toronto location, just steps to the TTC and close to parks, shopping, restaurants, schools, and everyday amenities. This well-maintained detached home offers incredible flexibility with 10 foot ceilings, 3 kitchens and 3 bathrooms, making it ideal for multi-generational living, rental income, investors, or those looking to explore multi-unit conversion potential. Featuring a well maintained interior, the home has been lovingly cared for and presents a fantastic opportunity to renovate, update, or reimagine to suit your needs. Rear laneway access leads to a double-car garage with exciting potential for a future laneway suite, similar to neighbouring properties and permitted under Toronto's laneway housing program. A rare property with endless possibilities for homeowners, investors, and developers alike. Recent updates include roof (5 years), Furnace (2 years) AC (8 years), City upgraded services from street. Main floor bedroom easily converted back to dining room.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,668 |
| Lot Size | 22 ft x 116 ft |
| mls© Number | E13537778 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
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%
- $7,166
- Property tax
- $389
- Heat allowance
- $150
- Housing costs
- $7,705 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$237,000
gross annual household income
- Payment at 4%
- $5,891 / mo
- Cash down
- $280,000
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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