$1,395,000 - 31 Ferris Road, Danforth
Detached for Sale in Danforth
68 days on market- MLS Number
- E12972132
- Property Type
- Detached
- Status
- active
- Days on Site
- 68
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
This Designer Family Home Feels Like It Belongs In House And Home Magazine, Turning Your Pinterest Board Into Reality. Completely Taken Down To The Studs And Thoughtfully Rebuilt In 2021 By The Current Owners In Collaboration With A High End Builder And Designer, This Is Not A Quick Flip But A Quality Family Focused Renovation Blending Timeless Style With Modern Comfort. This Beautiful Custom Rebuilt Executive Four Bedroom Four Bathroom Residence Sits On A Rare Extra Wide And Extra Deep 40 X 147 Foot Ravine Lot With Expansive Tableland, Quietly Tucked Away On A Coveted Cul De Sac In Prestigious Woodbine Gardens. Offering Over 3000 Square Feet Of Luxurious Living Space With Soaring 9 Foot Ceilings, The Home Showcases A Light Filled Transitional Interior Inspired By Jillian Harris Design Principles Featuring Shaker Style Cabinetry, Wainscoting, Custom Millwork, Gas And Wood Burning Fireplaces, Steam Shower, Freestanding Soaker Tub In The Primary Ensuite, And A Dream Laundry Room Designed For Everyday Functionality. The Sun Filled Kitchen Walks Out To An Ultra Private Deck Overlooking The Valley With Spectacular Sunset Views And A Lush Garden Setting Ideal For Entertaining And Family Living. Separate Entrance Lower Level Includes Bedroom, Washroom, And Recreation Space Perfect For Nanny Or Extended Family. Detached Brick Garage Completes This Rare Turnkey Ravine Property. One Block To Ravine Trails Connecting South To The Beach And North To Edward Gardens. Approximately Five Minutes To Main Street Subway And Danforth GO With About 20 Minute Access To Downtown, Five Minutes To The DVP And Michael Garron Hospital, And Fifteen Minutes To Sunnybrook. Located In The George Webster School Catchment, Rebuilt In 2018 With Modern Facilities And Childcare From Infant Through Before And After Care. Your Private Green Oasis In The City Awaits.
Estimate your monthly payments for this property
Estimated Payment
$6,170.56/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.
31 Ferris Road, Danforth / East York
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $698/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.
Negotiation Opportunity
At 68 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 4 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 $5,813 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.