2055 Danforth Avenue, Toronto, ON

$495,000
MLS#:E13513182
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Woodbine Corridor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $495,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this bright and beautifully appointed suite in the heart of the vibrant Danforth! Framed by expansive floor to ceiling windows, this thoughtfully designed open concept residence is filled with natural light, creating an inviting atmosphere that feels both bright and effortlessly refined. The modern single wall kitchen is elegantly finished with stainless steel appliances, quartz countertops, and ample cabinetry, while overlooking the dining area to create a seamless setting for everyday living and intimate entertaining. Just beyond, the inviting living room extends to a charming Juliet balcony, where captivating city views provide the perfect backdrop to savour your morning coffee or unwind as the sun sets over the skyline.The spacious primary bedroom offers a serene retreat, complete with floor-to-ceiling windows and a generous walk-in closet. A stylish 4pc bathroom, convenient ensuite laundry, one underground parking space, and one locker complete this exceptional suite.Residents enjoy an outstanding collection of amenities, including a fully equipped fitness centre, outdoor terrace with BBQ area, party room, concierge, visitor parking, and more. Perfectly positioned just steps from Woodbine Subway Station, you'll find yourself moments from the Danforth's beloved cafes, restaurants, charming boutiques, neighbourhood parks, and everyday conveniences, while Greektown, the Beaches, the Don Valley Parkway, and downtown Toronto are all within easy reach. Experience the best of city living in one of Toronto's most beloved neighbourhoods!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date7/2/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$1,870.14

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Park, School, Place Of Worship, Public Transit, Greenbelt/Conservation

Interior Features

Other

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

Location

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2055 Danforth Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2055 Danforth Avenue 903, Toronto, ON M4C 1J8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$24,750 (5.0%)
* Minimum Canadian down payment required for this price is $24,750.
Amortization Period25 Years
Estimated Monthly Payment$2,802Based on a loan of $470,250 over 25 years.
Purchase Price$495,000
Loan Amount$470,250
Provincial Land Transfer Tax:$6,375
Toronto Municipal Land Transfer Tax:$6,375
Total Estimated Closing Taxes:$12,750

About Purchasing a Home in Toronto, ON

For a property listed at $495,000 in Toronto, the legal minimum down payment is $24,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,375 also applies, bringing the total estimated land transfer taxes to $12,750.

Nearby Listings

Distance:

No current listings found in Toronto.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Woodbine Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,315,030

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Georges-Étienne-Cartier
Public250 Gainsborough Road, East York, Toronto, Ontario, M4L 3C6
7.7
Bowmore Road
Public80 Bowmore Road, East York, Toronto, Ontario, M4L 3J2
4.7
Roden
Public151 Hiawatha Road, East York, Toronto, Ontario, M4L 2Y1
5.3
Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6
Earl Beatty
Public55 Woodington Avenue, East York, Toronto, Ontario, M4C 3J6
7.4

Secondary Schools

Monarch Park
Public1 Hanson Street, East York, Toronto, Ontario, M4J 1G6
8.0
St. Patrick
Catholic49 Felstead Avenue, East York, Toronto, Ontario, M4J 1G3
7.1
Danforth
Public800 Greenwood Avenue, East York, Toronto, Ontario, M4J 4B7
5.8
Riverdale
Public1094 Gerrard Street East, Toronto, Ontario, M4M 2A1
8.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.