$1,269,000 - 45 Eaton Avenue, Danforth
Detached for Sale in Danforth
40 days on market- MLS Number
- E13099048
- Property Type
- Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Lot Size
- 2,470 sqft
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Unlock the potential of this detached urban home with rare laneway garage access in the heart of the sought-after Pape & Danforth neighbourhood. Situated on a 20 x 123 ft lot, this property presents an exceptional opportunity for renovation, multigenerational living, or thoughtful expansion. A standout feature is the highly desirable two-car garage with laneway access from both the rear lane and direct connection to Gertrude Place - a rare configuration offering exciting future possibilities, including the potential for a laneway suite or additional ADUs (Lanescape report available; subject to municipal approvals). Preliminary feasibility analysis from Laneway Housing Advisors indicates the property may support a variety of residential configurations under Toronto's evolving multiplex framework, with estimated buildable area and configuration options available upon request (subject to municipal approvals).The existing home offers 3 bedrooms, approximately 9-foot ceilings, and potential for a separate basement entrance, providing excellent flexibility to renovate, reconfigure, or customize to suit a variety of needs. Enjoy a highly walkable, transit-oriented location just steps to Pape Station on the Bloor-Danforth subway line and the future Ontario Line, with easy access to restaurants, cafés, shops, parks, and everyday amenities. An exceptional opportunity to secure a property with long-term potential in one of Toronto's most desirable east-end communities.Property sold "as is, where is."
Estimate your monthly payments for this property
Estimated Payment
$5,613.22/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.
45 Eaton 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 $1154/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.
Market Position
At 40 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.
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 $5,288 (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.