$1,898,500 - 47 Don Valley Drive, Danforth
Detached for Sale in Danforth
- MLS Number
- E13170234
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
STUNNING RAVINE LOT! Embrace the rare opportunity to call this dream home yours where refined living and serenity meet, set on a rare deep ravine lot. Beautifully renovated detached home positioned within a serene cul de sac in Toronto's coveted East End. Immaculate top tier finishes embellish every inch of the main floor, this 4 bedroom (3 upstairs, 1 in basement), 4 bathroom home delivers an unparalleled sense of luxury. Natural light bathes the elegant wainscotted walls creating a warm and inviting atmosphere within the thoughtfully designed interiors. The chef's kitchen is a dream come true - a literal chef's kiss.. equipped with premium appliances that elevate every meal into a masterpiece as well as a pantry and tons of storage. Step outside into your own personal sanctuary where a rare private ravine which is nearly 300 feet deep of lush gardens and meticulously landscaped surroundings beckon - the ultimate backyard oasis and private sanctuary within the city. Convenience reigns supreme with ample 2 car parking (can fit 3 smaller cars) making daily life effortless. You are near all the city amenities with easy access to the Dvp, this location is super convenient. Don't miss your chance on this hidden gem where it's tranquility seamlessly blends with timeless sophistication. The basement offers a separate walk out entrance and could be a perfect in-law suite or rental potential as well. Second bedroom upstairs is currently used as a huge walk in closet but very easy to convert back to bedroom use, seller can remove some closets before closing if required. Fulfill your aspirations and make this remarkable property your forever home - homes like this don't come up often. This is absolutely incredible value - grab the opportunity while you can, it's incredible value you don't come across often.
Estimate your monthly payments for this property
Estimated Payment
$8,397.71/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.
47 Don Valley Drive, 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
Premium Pricing
At $1266/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 21 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.
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.
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 $7,910 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.