63 O'Connor Drive, Toronto E03

Price: $1,295,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13078622

Solid East York bungalow in the sought-after **North Broadview / Pape-O'Connor pocket**, set on an exceptional 33 x 148 ft lot. This versatile 4-bedroom home offers a private concrete driveway with carport and garage parking for up to 4 vehicles.Welcoming curb appeal with a large covered front veranda, oak front and side doors, and new storm doors. Inside features recently refinished hardwood flooring throughout, a bright living room with bay window and fireplace, and an open-concept layout overlooking the dining area. Updated main floor washroom with **curbless shower and glass shower enclosure**. Functional kitchen with ceramic flooring and backsplash, double stainless steel sink, and ample cabinetry.Two well-sized bedrooms on the main level, plus two additional bedrooms above the garage with berber carpet, closet space, and large windows. Separate side entrance to finished basement. Enjoy a large rear concrete patio and expansive backyard with abundant green space-ideal for entertaining or future expansion.Key upgrades include high-efficiency gas furnace (2014), humidifier, 200 amp service, 3/4" water supply, exterior sewer clean-out (2015), and asphalt roof (2018).Prime location with transit at your doorstep, minutes to Pape or Broadview subway stations, and steps to the Taylor Creek Park system via nearby access points including Beachwood Drive.Current zoning RD (f6; a185; d0.75), offering valuable future potential for redevelopment, additions, or multi-unit considerations. A fantastic opportunity for end-users, investors, or builders alike.

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$1,295,000 - 63 O'Connor Drive, Danforth

Detached for Sale in Danforth

43 days on market
5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13078622
Property Type
Detached
Status
active
Days on Site
43
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
REAL ESTATE HOMEWARD
Description

Solid East York bungalow in the sought-after **North Broadview / Pape-O'Connor pocket**, set on an exceptional 33 x 148 ft lot. This versatile 4-bedroom home offers a private concrete driveway with carport and garage parking for up to 4 vehicles.Welcoming curb appeal with a large covered front veranda, oak front and side doors, and new storm doors. Inside features recently refinished hardwood flooring throughout, a bright living room with bay window and fireplace, and an open-concept layout overlooking the dining area. Updated main floor washroom with **curbless shower and glass shower enclosure**. Functional kitchen with ceramic flooring and backsplash, double stainless steel sink, and ample cabinetry.Two well-sized bedrooms on the main level, plus two additional bedrooms above the garage with berber carpet, closet space, and large windows. Separate side entrance to finished basement. Enjoy a large rear concrete patio and expansive backyard with abundant green space-ideal for entertaining or future expansion.Key upgrades include high-efficiency gas furnace (2014), humidifier, 200 amp service, 3/4" water supply, exterior sewer clean-out (2015), and asphalt roof (2018).Prime location with transit at your doorstep, minutes to Pape or Broadview subway stations, and steps to the Taylor Creek Park system via nearby access points including Beachwood Drive.Current zoning RD (f6; a185; d0.75), offering valuable future potential for redevelopment, additions, or multi-unit considerations. A fantastic opportunity for end-users, investors, or builders alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,728.22/mo

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5-yr fixed avg.

Principal: $1,036,000Interest: $682,467
Mortgage Amount$1,036,000
Total Interest$682,467
Est. Property Tax$917/mo
Total Cost$1,718,467

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

63 O'Connor Drive, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$917
Insurance (est.)-$270
Net Cash Flow+$2,413

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 $1177/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 43 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.

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 $5,396 (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.

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