$2,149,000 - 53 Lesmount Avenue, Danforth
Detached for Sale in Danforth
- MLS Number
- E13162238
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Luxury on Lesmount awaits! Where modern design is elevated by impeccable craftsmanship and timeless sophistication. This custom-built residence offers expansive principal rooms filled with natural light, creating a warm yet refined atmosphere throughout, enhanced by engineered hardwood flooring, dramatic floor-to-ceiling windows, sleek LED lighting, and integrated built-in speakers designed for both everyday comfort and effortless entertaining. The open-concept main floor seamlessly connects the dining area to a striking chef's kitchen, complete with premium stainless steel appliances, a gas cooktop, built-in wall oven, and dishwasher, all complemented by elegant quartz countertops, a matching backsplash, a spacious center island with seating, and extensive custom cabinetry. The adjoining family room is both inviting and stylish, featuring a statement wall, a cozy fireplace, bespoke built-in shelving, and a walkout to a private deck overlooking the fully fenced backyard-perfect for relaxing or hosting.Upstairs, the primary suite offers a serene, hotel-inspired retreat with sun-filled windows, a thoughtfully designed walk-in closet with custom built-ins and LED accent lighting, and a luxurious 7-piece ensuite with a double vanity and a sleek wet room that includes a deep soaker tub within a glass shower. Three additional generously sized bedrooms, each with large windows and ample closet space, provide comfort and flexibility for family living. The fully finished lower level features aLegal Basement Apartment with soaring ceilings and exceptional versatility, offering a spacious recreation area with a separate walkout entrance, a second kitchen, an additional bedroom, and a stylish 4-piece bath-ideal for income generation, an in-law or nanny suite, or welcoming guests!
Estimate your monthly payments for this property
Estimated Payment
$9,505.75/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.
53 Lesmount Avenue, 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
Fair Market Value
At $1075/sqft, this property is priced in line with current Danforth market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
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 5 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 $8,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.