Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,000 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.
Rare single detached home in a prime Danforth location offering incredible flexibility and income potential for both end-users and investors. Live in one unit while generating rental income from the others, or explore the opportunity to convert the property into a triplex setup.This versatile home features separate front and rear entrances providing access to the main and second floors, plus a separate side entrance to the basement - ideal for multi-generational living or future income suites. Each level includes its own kitchen setup for added convenience.The second floor features 3 spacious bedrooms, 2 bathrooms, a kitchenette, and a bright sunroom. The main floor offers a spacious living room with fireplace, a bathroom, and a dining room with potential to convert into an in-law suite. An additional living area provides flexible space perfect for young families, a home office, or visiting parents.The basement features high ceilings, above-grade windows, a large bedroom with 3-piece ensuite, and a spacious laundry/furnace room with additional storage space. Tankless water system installed in 2024.Additional highlights include a mutual drive, private garage, and legal front pad parking.Located in a highly desirable Danforth neighbourhood just steps to TTC, parks, schools, green spaces, restaurants, cafes, and shops - offering the perfect blend of urban convenience and family-friendly living.
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Public Transit, Hospital
In-Law Suite
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This could be the first listing for this address.
Data-driven valuation for 363 Strathmore Boulevard, Toronto E03, ON M4C 1N4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,299,000 in Toronto, the legal minimum down payment is $259,800 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 $22,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,455 also applies, bringing the total estimated land transfer taxes to $44,910.
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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.