138 Woodmount Avenue, Toronto E03

Price: $1,299,900

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13227044

OFFERS WELCOME ANYTIME! Updated detached home in a prime Danforth location, featuring a garage, a main floor powder room, and in-law suite potential! Beautiful Maplewood floors throughout, with a bright main floor office flooded with natural light from the skylight and walk-out. The modern kitchen boasts Quartz counters and plenty of storage, including a pantry. The basement rec room has heated floors, and the laundry room was previously a kitchen with laundry that could easily be restored. There is potential for an in-law suite by opening the drywall to the separate side entrance. Laundry hook-ups are also available on the main floor, in the current office/den. The primary bedroom offers a full wall of closets with built-in organizers, while the large third bedroom features a Murphy bed perfect for using the space as a guest room and second home office. Enjoy your maintenance-free backyard with a gas line for your BBQ, or relax on the covered front porch and take in this family-friendly street. All within walking distance to the coveted RH McGregor School, TTC, parks, shops, cafes, restaurants and Danforth has to offer!

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New Listing
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$1,299,900 - 138 Woodmount Avenue, Danforth

Detached for Sale in Danforth

New — Listed 3 days ago
3Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13227044
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Danforth / East York
Lot Size
2,000 sqft
Listing Brokerage
ROYAL LEPAGE ESTATE REALTY
Description

OFFERS WELCOME ANYTIME! Updated detached home in a prime Danforth location, featuring a garage, a main floor powder room, and in-law suite potential! Beautiful Maplewood floors throughout, with a bright main floor office flooded with natural light from the skylight and walk-out. The modern kitchen boasts Quartz counters and plenty of storage, including a pantry. The basement rec room has heated floors, and the laundry room was previously a kitchen with laundry that could easily be restored. There is potential for an in-law suite by opening the drywall to the separate side entrance. Laundry hook-ups are also available on the main floor, in the current office/den. The primary bedroom offers a full wall of closets with built-in organizers, while the large third bedroom features a Murphy bed perfect for using the space as a guest room and second home office. Enjoy your maintenance-free backyard with a gas line for your BBQ, or relax on the covered front porch and take in this family-friendly street. All within walking distance to the coveted RH McGregor School, TTC, parks, shops, cafes, restaurants and Danforth has to offer!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,749.90/mo

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5-yr fixed avg.

Principal: $1,039,920Interest: $685,049
Mortgage Amount$1,039,920
Total Interest$685,049
Est. Property Tax$921/mo
Total Cost$1,724,969

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Danforth / East York

Discover Danforth / East York

Danforth / East York is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Danforth / East York

  • Convenient location in Danforth / East York
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Danforth / East York offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

138 Woodmount Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$921
Insurance (est.)-$271
Net Cash Flow+$1,608

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1182/sqft, this property is priced above the Danforth average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Danforth's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Danforth are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Danforth properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    138 Woodmount Avenue, Danfort… — $1,299,900 | Battaglia Team