259 Milverton Boulevard, Toronto E03

Price: $988,888

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: E12886226

Attention investors and renovators! Great opportunity in the desirable Danforth community. This solid brick semi-detached sits on an 18.5 x 120 ft lot and offers excellent potential for renovation or investment. Conveniently located near parks, schools, public transit, and just minutes to the shops, restaurants, and amenities along Danforth Avenue, with easy access to Toronto Transit Commission routes and nearby green space at Monarch Park. A great opportunity to create value in a vibrant east-end neighbourhood. Home is being Sold as is where is condition.

259 Milverton Boulevard - Semi-Detached photo 1 of 29 in Danforth / East York, Ontario
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New Listing
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$988,888 - 259 Milverton Boulevard, Danforth

Semi-Detached for Sale in Danforth

New — Listed 2 days ago
3Beds
2Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
E12886226
Property Type
Semi-Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Attention investors and renovators! Great opportunity in the desirable Danforth community. This solid brick semi-detached sits on an 18.5 x 120 ft lot and offers excellent potential for renovation or investment. Conveniently located near parks, schools, public transit, and just minutes to the shops, restaurants, and amenities along Danforth Avenue, with easy access to Toronto Transit Commission routes and nearby green space at Monarch Park. A great opportunity to create value in a vibrant east-end neighbourhood. Home is being Sold as is where is condition.

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Estimate your monthly payments for this property

Estimated Payment

$5,073.51/mo

Includes CMHC insurance ($27,590)

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5-yr fixed avg.

Principal: $889,999Interest: $604,463
Mortgage Amount$917,589
Total Interest$604,463
Est. Property Tax$700/mo
Total Cost$1,522,052

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

259 Milverton Boulevard, 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.)-$700
Insurance (est.)-$206
Net Cash Flow+$1,894

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 $1413/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.

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.

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 $4,120 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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