$1,318,000 - 139 King Edward Avenue, Danforth
Detached for Sale in Danforth
Popular Listing- MLS Number
- E13223858
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Beautiful, completely renovated 3 bedroom, 3 bathroom detached home with 2 car parking, located on the prettiest tree-lined street in the heart of family-friendly Woodbine-Lumsden. Welcome to 139 King Edward Avenue! This home is bright and spacious and features hardwood floors, gorgeous light fixtures, loads of storage, pot lights and elegant window treatments throughout. The cozy living space offers a lovely view of the large front porch and gardens. Perfect for your morning coffee or evening glass of wine. The gorgeous, modern kitchen is equipped with stainless steel appliances, breakfast island, gorgeous quartz countertops, ample cupboard and storage space, and a gas cooktop. It overlooks a huge deck and a lovely backyard with significant potential for personalization where you can entertain friends and family comfortably. The perfect outdoor space. The large, open-concept basement provides flexible space, perfect for an additional family area or a 4th bedroom. It also includes a spacious laundry room with built-in shelves, a cold room, and a 3-piece bathroom. Recent upgrades include a brand new high-efficiency furnace, new washer and dryer, new BBQ gas line, a new filtered water system in the kitchen, and updated bathrooms. This property is situated in an amazing neighborhood with friendly neighbors, offering convenient access to the DVP and steps away from schools, parks, TTC, shops, restaurants, and farmers' markets.
Estimate your monthly payments for this property
Estimated Payment
$5,829.96/mo
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.
139 King Edward 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 $879/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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Danforth. Good resale value as demand remains consistent.
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 $5,492 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.