43 Chester Avenue, Toronto E03

Price: $1,999,000

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E12892846

Welcome to 43 Chester Ave: a detached 3-storey custom designed home in Coveted Playter Estates. The home was totally rebuilt in 2015, with an Architect and Designer who thought of everything. Throughout the house are high ceilings, hardwood floors, and low-profile radiators providing a consistent temperature. The open-concept main floor features a bright living room with a stylish built-in gas fireplace, dining room with ample space for family dinners, and a beautifully outfitted custom kitchen with two counters for seating and a built-in desk for the kids to do homework while dinner is cooking. Large sliding glass doors open onto a private deck, garden and garage. The garage, accessed from the lane boasts a 13 ft. ceiling for storage galore and 60-amp service for future projects. On the 2nd floor, there are 2 spacious bedrooms. The primary offers a leafy green view of Chester Ave., a 3-piece ensuite and a built-in closet; the 2nd bedroom overlooks the sunny back garden. Between these are a 4-piece washroom and a stacked laundry area. Open stairs w/skylight leads to the 3rd floor where you will find a uniquely designed bathroom, 2 more bedrooms: one with a sweet balcony; the other, a double built-in closet and a gabled tree top view. The basement, with separate entrance, heated floor, roughed in plumbing and electrical for a kitchen, 4-piece washroom, laundry, full living room and a separate bedroom is perfect for a rental unit/nanny suite/guest room/apartment for the young adult who moves back home after university/a home office, or simply a playroom. So nice to have options! Families will appreciate the convenience of their young children being able to walk to Jackman Elementary School, their teenagers being a short and safe walk to Chester Subway, and proximity for all to shopping, restaurants, and the other amenities of Greektown. Your search is over, you haven't just found a home for your family, you have found your forever home.

43 Chester Avenue - Detached photo 1 of 19 in Danforth / East York, Ontario
43 Chester Avenue - Detached photo 2 of 19 in Danforth / East York, Ontario
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active
New Listing
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$1,999,000 - 43 Chester Avenue, Danforth

Detached for Sale in Danforth

New — Listed yesterday
5Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E12892846
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
BOSLEY REAL ESTATE LTD.
Description

Welcome to 43 Chester Ave: a detached 3-storey custom designed home in Coveted Playter Estates. The home was totally rebuilt in 2015, with an Architect and Designer who thought of everything. Throughout the house are high ceilings, hardwood floors, and low-profile radiators providing a consistent temperature. The open-concept main floor features a bright living room with a stylish built-in gas fireplace, dining room with ample space for family dinners, and a beautifully outfitted custom kitchen with two counters for seating and a built-in desk for the kids to do homework while dinner is cooking. Large sliding glass doors open onto a private deck, garden and garage. The garage, accessed from the lane boasts a 13 ft. ceiling for storage galore and 60-amp service for future projects. On the 2nd floor, there are 2 spacious bedrooms. The primary offers a leafy green view of Chester Ave., a 3-piece ensuite and a built-in closet; the 2nd bedroom overlooks the sunny back garden. Between these are a 4-piece washroom and a stacked laundry area. Open stairs w/skylight leads to the 3rd floor where you will find a uniquely designed bathroom, 2 more bedrooms: one with a sweet balcony; the other, a double built-in closet and a gabled tree top view. The basement, with separate entrance, heated floor, roughed in plumbing and electrical for a kitchen, 4-piece washroom, laundry, full living room and a separate bedroom is perfect for a rental unit/nanny suite/guest room/apartment for the young adult who moves back home after university/a home office, or simply a playroom. So nice to have options! Families will appreciate the convenience of their young children being able to walk to Jackman Elementary School, their teenagers being a short and safe walk to Chester Subway, and proximity for all to shopping, restaurants, and the other amenities of Greektown. Your search is over, you haven't just found a home for your family, you have found your forever home.

Mortgage Calculator

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Estimated Payment

$8,842.25/mo

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5-yr fixed avg.

Principal: $1,599,200Interest: $1,053,475
Mortgage Amount$1,599,200
Total Interest$1,053,475
Est. Property Tax$1,416/mo
Total Cost$2,652,675

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

43 Chester Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,416
Insurance (est.)-$416
Net Cash Flow+$1,768

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 $1333/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.

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 $8,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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