$999,900 - 138 Woodmount Avenue, Danforth
Detached for Sale in Danforth
New — Listed yesterday- MLS Number
- E13451424
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- 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
Yes, you can buy a detached home in a prime Danforth location! This updated home even has a garage with added storage! Wait, there's more... a main floor powder room, and in-law suite potential! Will you use the sun filled main floor addition as a home office, a den, convert back to laundry (hook ups are there!), or expand the kitchen, so many options! Beautiful Maplewood floors throughout, and a modern kitchen that boasts Quartz counters and plenty of storage with a big pantry. The basement rec room has heated floors, and the laundry room was previously a kitchen with laundry that could easily be restored. The separate side entrance could be restored just by removing the drywall covering it, and putting up a wall at the top of the stairs to create a completely separate basement living space. 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, and if you need more space to run, you are a hop skip and a jump away from one of the greatest east end parks at East Lynn. Better yet, relax on the covered front porch and take in this family-friendly street and appreciate you never lose packages with the smart design of the porch! All within walking distance to the coveted RH McGregor School, TTC, parks, shops, cafes, restaurants and all Danforth has to offer!
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
5-yr fixed avg.
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.
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
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.
138 Woodmount Avenue, Danforth / East York
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $909/sqft, this property is priced in line with current Danforth market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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 $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.