$1,160,000 - 14 Bracebridge Avenue, Danforth
Detached for Sale in Danforth
88 days on market- MLS Number
- E12901116
- Property Type
- Detached
- Status
- active
- Days on Site
- 88
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- REAL ESTATE HOMEWARD
Spectacular fully renovated modern bungalow offering a rare open concept layout unlike anything else in the area. Featuring soaring cathedral ceilings exceeding 15 feet across the main level, this home feels incredibly spacious and truly exceptional. Boasting 2 modern kitchens on the main floor and basement, both updated within the last 5 years with appliances, along with 2 beautifully renovated bathrooms including heated floors. Gorgeous engineered hardwood flooring, baseboards, trim, windows, doors and more. This home truly shows pride of ownership. The fully finished basement offers excellent income or multi generational living potential, complete with a separate side entrance, full kitchen and full bathroom. Additional upgrades include a newer roof re-shingled within the last few years, a brand new high efficiency boiler system installed within the past year with a 10 year warranty, new glass shower enclosures, updated bannister, and extensive exterior improvements including a new deck, fencing and landscaping. Brand new built-in shelving in massive basement laundry area, great for storage! Detached garage at the rear provides parking for up to two vehicles. The property also presents an exciting opportunity for future development! The lot is well suited for a detached garden suite under current Toronto zoning regulations, with a preliminary review indicating no major regulatory barriers, offering strong long-term value and potential for income or family expansion! A turnkey opportunity showcasing exceptional craftsmanship throughout! This is an absolute must see! See attachments for existing floorplans and preliminary ADU information!
Estimate your monthly payments for this property
Estimated Payment
$5,131.07/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.
14 Bracebridge 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
Premium Pricing
At $1657/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.
Negotiation Opportunity
At 88 days on site, this property has exceeded the typical selling timeline for Danforth. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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 $4,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.