45 Devon Road, Toronto E02

Price: $1,265,000

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: E13006306

**Sunday May 10th Open House Cancelled** Extensively renovated 3-bedroom home in Toronto's sought-after Upper Beaches, offering a refined blend of design, function, and lifestyle. Set on a 17.59 x 120 ft lot, this property delivers seamless indoor-outdoor living and thoughtful upgrades throughout.The open-concept main floor features engineered hardwood flooring (2022), a spacious living area with brick fireplace, and a dining space that flows into a fully redesigned kitchen. Completed in 2024, the kitchen includes custom cabinetry, Dekton countertops and backsplash, high-end appliances including a Wolf gas range, and direct walk-out to a private backyard. The rear garden is a standout-an English country-inspired setting designed for privacy and connection, ideal for entertaining or quiet daily use.Upstairs, three well-proportioned bedrooms offer large windows, hardwood floors, and ample closet space. The renovated bathroom features elevated finishes and a spa-like feel. Additional upgrades include a new dual heating and cooling system with high-efficiency heat pump (2024) and furnace (2025), new baseboards, custom built-ins, updated staircase and railings, and new window coverings throughout. Located in the East End-Danforth / Upper Beaches pocket, just steps to Cassels Park and within walking distance to the Danforth, Queen Street, the Beach boardwalk, and multiple transit options including subway, GO Train, and streetcar. A turnkey home offering both lifestyle and long-term value in one of Toronto's most connected east-end communities.

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$1,265,000 - 45 Devon Road, The Beaches

Semi-Detached for Sale in The Beaches

61 days on market
3Beds
1Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
E13006306
Property Type
Semi-Detached
Status
active
Days on Site
61
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
Description

**Sunday May 10th Open House Cancelled** Extensively renovated 3-bedroom home in Toronto's sought-after Upper Beaches, offering a refined blend of design, function, and lifestyle. Set on a 17.59 x 120 ft lot, this property delivers seamless indoor-outdoor living and thoughtful upgrades throughout.The open-concept main floor features engineered hardwood flooring (2022), a spacious living area with brick fireplace, and a dining space that flows into a fully redesigned kitchen. Completed in 2024, the kitchen includes custom cabinetry, Dekton countertops and backsplash, high-end appliances including a Wolf gas range, and direct walk-out to a private backyard. The rear garden is a standout-an English country-inspired setting designed for privacy and connection, ideal for entertaining or quiet daily use.Upstairs, three well-proportioned bedrooms offer large windows, hardwood floors, and ample closet space. The renovated bathroom features elevated finishes and a spa-like feel. Additional upgrades include a new dual heating and cooling system with high-efficiency heat pump (2024) and furnace (2025), new baseboards, custom built-ins, updated staircase and railings, and new window coverings throughout. Located in the East End-Danforth / Upper Beaches pocket, just steps to Cassels Park and within walking distance to the Danforth, Queen Street, the Beach boardwalk, and multiple transit options including subway, GO Train, and streetcar. A turnkey home offering both lifestyle and long-term value in one of Toronto's most connected east-end communities.

Mortgage Calculator

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Estimated Payment

$5,595.52/mo

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5-yr fixed avg.

Principal: $1,012,000Interest: $666,657
Mortgage Amount$1,012,000
Total Interest$666,657
Est. Property Tax$896/mo
Total Cost$1,678,657

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: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches 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 The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • 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

The Beaches / Upper Beaches 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

45 Devon Road, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$896
Insurance (est.)-$264
Net Cash Flow+$1,640

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1807/sqft, this property is priced above the The Beaches 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 61 days on site, this property has exceeded the typical selling timeline for The Beaches. 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 The Beaches 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,271 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    45 Devon Road, The Beaches /… — $1,265,000 | Battaglia Team