$1,295,000 - 43 Ferris Road, Danforth
Detached for Sale in Danforth
- MLS Number
- E13194524
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Find Your Forever on Ferris !! This is the kind of house Buyers search for : Generous Space, A Family Friendly Neighbourhood, A Fantastic Lot, and Room to Make it your Own. Open and Spacious Living/Dining Rooms. Double Front Hall Closet that Keeps Everyday Chaos Contained. Oversized Kitchen is Ready for Real Life - Endless Cabinetry, Loads of Counter Space....Room to Cook for a Crowd, Space for a Kitchen table for Homework, Coffee Chats and Weeknight Dinners. A Rare Main Floor 2pc....a Family Essential You'll Appreciate Daily, Especially When the Kids Race Through the Front Door and Just "Can't Wait"!!! Huge Primary Bedroom that Fits a King Bed, a Reading/Lounge Space, and Even Space for an Office Nook. Both Other Bedrooms Boast Ample Closet Space and They Are Large Too. Lower Level Offers Flexibility that Every Family Needs: A Bedroom for Guests, Teens, or Extended Family, Pus a Recroom Made for Movie Nights, Game Marathons, and Rainy-Day Hangouts. Outdoors, the Topography Adds Personality,: A Large Deck for Entertaining, Table Land for Play or Gardens, and a Hill that Practically Begs for Childhood Adventures. Bonus : A Garage and a Drive that Can Accomodate 3+ Cars. This Home has it all.....Tons of Space, A Quiet Neighbourhood and Endless Potential. Easy Access to Local Shops, Restaurants, Green Spaces including Taylor Creek Park. Don't Miss it!!
Estimate your monthly payments for this property
Estimated Payment
$5,728.22/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.
43 Ferris Road, Danforth / East York
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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 $518/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.
Market Position
At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $5,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.