$798,000 - 146 Gledhill Avenue, Danforth
Detached for Sale in Danforth
51 days on market- MLS Number
- E13052658
- Property Type
- Detached
- Status
- active
- Days on Site
- 51
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- REAL ESTATE HOMEWARD
Have you been waiting for the right detached home to come to market? This is it. 146 Gledhill delivers exceptional value in a family-focused neighbourhood just steps to the Danforth and Woodbine Station. From the charming front porch - complete with an iconic red door and views of Gledhill Park - you're welcomed into a home that feels solid, bright, and exceptionally well cared for. The main floor is filled with natural light and offers a functional layout suited for both everyday living and effortless entertaining. Out back, the 126' deep lot is a rare and valuable find. A spacious deck sets the stage for summer gatherings, while the expansive yard offers endless potential for gardening, play, or quiet retreat. A practical shed adds even more usable storage. Upstairs, two bright bedrooms are thoughtfully positioned with a well-appointed bathroom between them, creating a comfortable and private retreat. The finished basement features a cozy rec space, full bathroom, and a dedicated laundry/storage area. Location ties it all together. Walk to the Danforth, Woodbine Subway Station, and the Danforth GO for seamless commuting and steps to Gledhill Elementary School (with early French Immersion) and DA Morrison Middle School. Set within a welcoming community, this is a neighbourhood people move into and stay in for years. Extensively updated by the current owner - including a new roof and the removal of outdated wiring (full list available) - this is a home you can purchase with confidence. Detached. Move-in ready. Great location just steps from a park with a splash pad. Value like this is increasingly hard to find.
Estimate your monthly payments for this property
Estimated Payment
$4,094.15/mo
Includes CMHC insurance ($22,264)
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.
146 Gledhill Avenue, Danforth / East York
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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 $1140/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.
Negotiation Opportunity
At 51 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.
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 $3,325 (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.