$2,348,000 - 175 Floyd Avenue, Danforth
Detached for Sale in Danforth
83 days on market- MLS Number
- E12918700
- Property Type
- Detached
- Status
- active
- Days on Site
- 83
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Located in the heart of Danforth Village - East York, this exceptional 2-storey home offers over 3,700 sq. ft. of finished living space, standing out from others on similarly sized lots. Featuring 4+1 bedrooms, 5 bathrooms, and a thoughtfully designed open-concept layout, this home blends space, comfort, and sophistication. The main level boasts soaring 14' & 10' ceilings, a gas fireplace, elegant finishes, and a chef's kitchen with a large quartz island, high-end appliances, and custom cabinetry - perfect for entertaining or everyday living. Wide-plank hardwood floors flow seamlessly throughout the home. Upstairs, you'll find four generously sized bedrooms, including a luxurious primary suite with walk-in closet and a spa-like ensuite featuring a freestanding tub, glass shower, and double vanity. Each bathroom is tastefully finished with a refined modern touch. The finished basement offers high ceilings, a separate entrance, a large rec room, an additional bedroom, and a full bath - ideal for guests, extended family, or future flexibility. Situated just minutes from Pape Subway, with close access to parks, schools, restaurants, and highways, this home delivers on both lifestyle and location. A rare opportunity to own a spacious, beautifully finished residence in one of Toronto's most vibrant and family-friendly communities
Estimate your monthly payments for this property
Estimated Payment
$10,386.00/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.
175 Floyd 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 $939/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 83 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Danforth.
Bathroom Count Matters
With 5 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 $9,783 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.