$1,399,900 - 313 Monarch Park Avenue, Danforth
Detached for Sale in Danforth
75 days on market- MLS Number
- E12950492
- Property Type
- Detached
- Status
- active
- Days on Site
- 75
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- PROPERTY.CA INC.
Welcome To 313 Monarch Park Ave! Set On A Quiet, Tree-Lined Street In One Of East York's Most Family-Friendly Neighbourhoods, This Detached Home Offers Up Loads Of Space And A Warm, Inviting Layout Featuring Generous Principal Rooms, Beautiful Hardwood Floors Throughout, And A Seamlessly Integrated Rear Addition. The Main Floor Is Built For Real Everyday Living; A Large, Light-Filled Living Room Flows Into A Formal Dining Room And A Renovated Kitchen With Ample Storage, With A Bonus Family Room Or Breakfast Nook Overlooking The Backyard. Outside, A Private Fenced-In Backyard With Deck And All-Season Lawn Offers A Rare Urban Retreat, With Access To Additional Storage In The Detached Garage. Parking Is Well Covered: A Licensed Front Yard Spot Plus Additional Parking At The Rear. The Second Floor Includes A Large Primary Bedroom With A Walk-In Closet, And 2 Additional Bedrooms With Closets. The Fully Finished Basement Has A Large Rec Room That Is An Ideal Space For A Kids Play Area, A Bonus Bedroom/Office/Den And An Additional Bathroom. Located Within A Short Walk To Several TTC Routes Including Greenwood Subway Station, And A Convenient 5 Minute Drive To The DVP. Great Schools (Including Full French Immersion), Day Care Facilities, Local Cafés, Restaurants, Shops, Michael Garron Hospital, Library and East York City Hall, And Everyday Amenities All Within Walking Distance. Enjoy The Benefits Of A Well-Established Neighbourhood Known For Its Strong Sense Of Community And Abundant Green Spaces, Including Monarch Park And Surrounding Recreational Facilities That Provide Outdoor Enjoyment Year-Round, From Sports Fields To Walking Trails.
Estimate your monthly payments for this property
Estimated Payment
$6,192.23/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.
313 Monarch Park 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
Premium Pricing
At $1273/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.
Negotiation Opportunity
At 75 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Danforth. Good resale value as demand remains consistent.
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 $5,833 (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.