$1,000,000 - 31 Woodmount Avenue, Danforth
Detached for Sale in Danforth
New — Listed yesterday- MLS Number
- E13432534
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Welcome To This Quintessential Danforth Detached Two-Storey Home, Beautifully Renovated And Meticulously Maintained, Offering The Perfect Blend Of Character, Comfort, And Modern Updates. Detached Garage Parking In Rear For Small Car Parking Only, Access In Between Houses On Mutual Driveway. The Open-Concept Main Floor Is Designed For Both Everyday Living And Entertaining, Featuring Elegant Wainscoting, Crown Moulding, Upgraded Hardwood And Tile Flooring, And Exceptional Attention To Detail Throughout.This Move-In Ready Home Showcases Three Functional Upper-Level Bedrooms, Each With Closet Space, Along With A Spacious 4-Piece Bathroom Ready For Your Personal Touch And Design Vision. Ample Storage Can Be Found Throughout The Home, Providing Practical Solutions For Growing Families And Professionals Alike.The Finished Lower Level Offers Excellent Flexibility With A Separate Walk-Up Entrance, Making It Ideal For An In-Law Suite, Extended Family Living, Or Potential Income Opportunities. Complete With A 3-Piece Bathroom And Numerous Upgrades, This Space Adds Tremendous Value And Versatility. Ideally Located Just Steps To Woodbine Station, Convenient TTC Bus Routes, East Lynn Park, Schools, Hospital Services, And The Vibrant Shops, Cafés, And Restaurants Along The Danforth. Enjoy The Convenience Of City Living While Residing In One Of Toronto's Most Sought-After Neighbourhoods. Shingles (2014) A Wonderful Opportunity To Own A Thoughtfully Updated Home In An Exceptional Location. Some photos are virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$4,423.34/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 Woodmount 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
Fair Market Value
At $909/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 $4,167 (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.