40 Leroy Avenue
Danforth Village-East York, Toronto
$1,168,888
An East York gem! This beautifully renovated detached home sits on a street lined with luxury homes, offering a rare 30.04 x 100.13 ft lot. Enjoy over 1,200 sq. ft. of total living space, featuring a bright front kitchen bathed in sunlight from large bay windows. Ideal for downsizers, investors, or co-living. The bright, finished basement offers impressive ceiling height-no ducking required!-with a separate entrance, second kitchen, bedroom, and storage, perfect for in-law or income potential (buyer to verify). Enjoy a private, fenced yard with a private driveway and detached garage offering garden suite potential (buyer to verify). Located in a family-friendly neighbourhood close to the Danforth, TTC, top schools, and the DVP.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,882 |
| Lot Size | 30.04 ft x 100.12 ft |
| mls© Number | E13582896 |
| Listed By | ROYAL LEPAGE TERREQUITY 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%
- $5,983
- Property tax
- $490
- Heat allowance
- $150
- Housing costs
- $6,623 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$204,000
gross annual household income
- Payment at 4%
- $4,919 / mo
- Cash down
- $233,778
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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