52 Athlone Road, Toronto E03

Price: $1,979,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: E12900828

Welcome to 52 Athlone Rd, a remarkable 2 storey detached family home in the heart of East York, one of the East End's most desirable neighbourhoods. Nestled on a quiet, family-friendly street, this charming 2,518 sq.ft residence masterfully blends timeless character with modern functionality and relaxed outdoor living, complete with a private driveway that comfortably fits three cars and a spacious rear workshop offering endless potential for hobbies, storage, or future projects. Step into the sun-soaked backyard, the perfect setting for relaxing afternoons or entertaining guests on the expansive deck with its dedicated BBQ area, while the spacious main floor welcomes you with generously sized principal rooms that are filled with warmth, natural light, and classic charm.This custom-built 4 bedroom, 4 bathroom home features: marble foyer, Brazilian cherry (Jatoba) flooring, granite counters, stainless steel appliances, large staircase skylight, large primary bedroom with ensuite bathroom and vaulted ceiling, solid wood trim and custom plaster mouldings, 2 laundry rooms, pot lights, custom millwork, finished basement with separate entrance and heated floor, and more.Located In The Diefenbaker Elementary School Catchment (w/Extended French Program), This Home Offers Fantastic Walkability To Shops, Cafes, Restaurants, Parks, And Transit. A Rare Opportunity To Own A Detached Home In A Vibrant, Established Neighbourhood - Move In And Enjoy Everything East York Has To Offer!

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$1,979,000 - 52 Athlone Road, Danforth

Detached for Sale in Danforth

88 days on market
5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
E12900828
Property Type
Detached
Status
active
Days on Site
88
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to 52 Athlone Rd, a remarkable 2 storey detached family home in the heart of East York, one of the East End's most desirable neighbourhoods. Nestled on a quiet, family-friendly street, this charming 2,518 sq.ft residence masterfully blends timeless character with modern functionality and relaxed outdoor living, complete with a private driveway that comfortably fits three cars and a spacious rear workshop offering endless potential for hobbies, storage, or future projects. Step into the sun-soaked backyard, the perfect setting for relaxing afternoons or entertaining guests on the expansive deck with its dedicated BBQ area, while the spacious main floor welcomes you with generously sized principal rooms that are filled with warmth, natural light, and classic charm.This custom-built 4 bedroom, 4 bathroom home features: marble foyer, Brazilian cherry (Jatoba) flooring, granite counters, stainless steel appliances, large staircase skylight, large primary bedroom with ensuite bathroom and vaulted ceiling, solid wood trim and custom plaster mouldings, 2 laundry rooms, pot lights, custom millwork, finished basement with separate entrance and heated floor, and more.Located In The Diefenbaker Elementary School Catchment (w/Extended French Program), This Home Offers Fantastic Walkability To Shops, Cafes, Restaurants, Parks, And Transit. A Rare Opportunity To Own A Detached Home In A Vibrant, Established Neighbourhood - Move In And Enjoy Everything East York Has To Offer!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,753.78/mo

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5-yr fixed avg.

Principal: $1,583,200Interest: $1,042,935
Mortgage Amount$1,583,200
Total Interest$1,042,935
Est. Property Tax$1,402/mo
Total Cost$2,626,135

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

52 Athlone Road, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,402
Insurance (est.)-$412
Net Cash Flow+$2,136

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

Competitive Pricing

At $792/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.

Negotiation Opportunity

At 88 days on site, this property has exceeded the typical selling timeline for Danforth. 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 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 $8,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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