$1,180,000 - 259 Torrens Avenue, Danforth
Detached for Sale in Danforth
New — Listed yesterday- MLS Number
- E13455974
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Come meet 259 Torrens Avenue! A fully detached 3-bedroom, 2 1/2 bath home offering the perfect blend of modern luxury & unbeatable east-end convenience. Extensively renovated with a a thoughtfully designed main floor addition which maximizes the space & natural light, a large updated functional kitchen and the ultimate & rarely available convenience of a main floor powder room. The fully dug-down finished basement with incredible 7'+ ceiling height, provides a spacious, versatile recreation or additional living area. This home is designed for modern family living & is completely move-in ready. The backyard offers a low maintenance artificial turf, gas line for bbq, oversized storage shed & parking for up to 3 cars. The large enclosed front porch provides additional flexible space. Torrens Ave is situated in a vibrant, walkable pocket of Old East York that strikes a perfect balance between quiet residential charm & urban convenience. Just steps from the vibrant amenities of Pape Village, Donlands & the Danforth with its incredible array of restaurants (including the classic circa 1955 Donlands Diner!), patios, boutique shopping, local bakeries, cafes, & conveniences. This pocket is known for being family-oriented & falls within the catchments of great local schools, including William Burgess Elementary, Westwood Middle & Chester Elementary. Nearby local parks including Dieppe Park & the East York Community Centre provide excellent recreational options, including splash pads, sports fields & ice rinks. You are steps from the Broadview & Cosburn bus routes, taking you straight to Broadview or Pape subway stations in minutes. The neighbourhood will also benefit from the upcoming Ontario Subway Line. Exceptionally commuter-friendly for drivers, there's fast access to the DVP via the Bayview or Don Mills on-ramps, making trips to Downtown or the 401 seamless.
Estimate your monthly payments for this property
Estimated Payment
$5,219.54/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.
259 Torrens 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
Competitive Pricing
At $787/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
Bathroom Count Matters
With 3 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 $4,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.