255 Queensdale Avenue, Toronto E03

Price: $989,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: E12888240

Rarely offered semi-detached home with a rear extension creating a spacious eat-in kitchen-perfect for family living and entertaining. A welcoming front porch adds charm and curb appeal, while the sunny backyard offers space for children to play or the potential for additional parking. The generous main floor features an open-concept living and dining area highlighted by beautiful original stained-glass windows that add warmth and character. Upstairs offers three well-sized bedrooms, a large family bathroom, and excellent closet and storage space. The basement includes a separate entrance and a spacious bachelor suite with a three-piece bathroom and roughed-in kitchen. With hookups already in place-just add a fridge and stove-this space offers excellent potential for extended family living or future rental income. Ideally located just steps to the vibrant Danforth with easy access to shops, restaurants, parks, transit, and everyday amenities. Situated in the school catchment for R. H. McGregor Elementary School, Cosburn Middle School, and East York Collegiate Institute, all within walking distance as well as ÉÉ La Mosaïque French school. Daycares are also conveniently located nearby. A wonderful opportunity to own a character-filled home in one of Toronto's most desirable east-end neighbourhoods.

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New Listing
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$989,000 - 255 Queensdale Avenue, Danforth

Semi-Detached for Sale in Danforth

New — Listed 2 days ago
3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
E12888240
Property Type
Semi-Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
KELLER WILLIAMS ADVANTAGE REALTY
Description

Rarely offered semi-detached home with a rear extension creating a spacious eat-in kitchen-perfect for family living and entertaining. A welcoming front porch adds charm and curb appeal, while the sunny backyard offers space for children to play or the potential for additional parking. The generous main floor features an open-concept living and dining area highlighted by beautiful original stained-glass windows that add warmth and character. Upstairs offers three well-sized bedrooms, a large family bathroom, and excellent closet and storage space. The basement includes a separate entrance and a spacious bachelor suite with a three-piece bathroom and roughed-in kitchen. With hookups already in place-just add a fridge and stove-this space offers excellent potential for extended family living or future rental income. Ideally located just steps to the vibrant Danforth with easy access to shops, restaurants, parks, transit, and everyday amenities. Situated in the school catchment for R. H. McGregor Elementary School, Cosburn Middle School, and East York Collegiate Institute, all within walking distance as well as ÉÉ La Mosaïque French school. Daycares are also conveniently located nearby. A wonderful opportunity to own a character-filled home in one of Toronto's most desirable east-end neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,074.08/mo

Includes CMHC insurance ($27,593)

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5-yr fixed avg.

Principal: $890,100Interest: $604,532
Mortgage Amount$917,693
Total Interest$604,532
Est. Property Tax$701/mo
Total Cost$1,522,225

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: Danforth / East York

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

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

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.

70
Walk Score
Varies
Price Range

255 Queensdale Avenue, Danforth / East York

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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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$1,893

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

Fair Market Value

At $899/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Danforth'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 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.

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 $4,121 (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.

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