179 Coleman Avenue, Toronto E02

Price: $837,500

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: E12887976

Build more live more, build your dream laneway suite. Discover this rare East End Danforth semi-detached home offering exceptional laneway house potential and modern infrastructure upgrades. Situated on a deep 144' lot, this property features: 2 spacious bedrooms on the second floor for comfort and privacy. Open-concept main floor, perfect for modern living and entertaining. Kitchen walks out to mud room with second fridge and out to large deck area with seating. Unfinished basement with the option for a 3rd bedroom or additional living space. 1 full bathroom with functional, moderate finishes -- clean and well-maintained, ready for personal upgrades. Upgraded 200amp electrical service, ensuring modern power capacity for future renovations or secondary suites. Backyard parking pad, providing convenient off-street parking while maximizing front yard space. Environmental/design survey (2023) confirming the lot meets City of Toronto zoning and bylaw requirements, including multiple blueprint options for a laneway house construction, make it "permit-ready." Located in a prime East York neighbourhood near transit, shops, and schools, this home is ideal for buyers looking for a property with future expansion potential, strong lot depth, and convenient parking -- all within an established community.

179 Coleman Avenue - Semi-Detached photo 1 of 1 in The Beaches / Upper Beaches, Ontario
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New Listing
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$837,500 - 179 Coleman Avenue, The Beaches

Semi-Detached for Sale in The Beaches

New — Listed 2 days ago
3Beds
1Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
E12887976
Property Type
Semi-Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
ENGEL & VOLKERS TORONTO CENTRAL
Description

Build more live more, build your dream laneway suite. Discover this rare East End Danforth semi-detached home offering exceptional laneway house potential and modern infrastructure upgrades. Situated on a deep 144' lot, this property features: 2 spacious bedrooms on the second floor for comfort and privacy. Open-concept main floor, perfect for modern living and entertaining. Kitchen walks out to mud room with second fridge and out to large deck area with seating. Unfinished basement with the option for a 3rd bedroom or additional living space. 1 full bathroom with functional, moderate finishes -- clean and well-maintained, ready for personal upgrades. Upgraded 200amp electrical service, ensuring modern power capacity for future renovations or secondary suites. Backyard parking pad, providing convenient off-street parking while maximizing front yard space. Environmental/design survey (2023) confirming the lot meets City of Toronto zoning and bylaw requirements, including multiple blueprint options for a laneway house construction, make it "permit-ready." Located in a prime East York neighbourhood near transit, shops, and schools, this home is ideal for buyers looking for a property with future expansion potential, strong lot depth, and convenient parking -- all within an established community.

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Estimate your monthly payments for this property

Estimated Payment

$4,296.81/mo

Includes CMHC insurance ($23,366)

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5-yr fixed avg.

Principal: $753,750Interest: $511,926
Mortgage Amount$777,116
Total Interest$511,926
Est. Property Tax$593/mo
Total Cost$1,289,043

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.

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Neighbourhood Guide: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches 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 The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

The Beaches / Upper Beaches 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.

70
Walk Score
Varies
Price Range

179 Coleman Avenue, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$593
Insurance (est.)-$174
Net Cash Flow+$2,033

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1196/sqft, this property is priced above the The Beaches 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.

Just Listed - Act Strategically

This property hit the market within the last week. In The Beaches'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 The Beaches 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: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,490 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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