$1,575,000 - 69 Holmstead Avenue, Danforth
Detached for Sale in Danforth
33 days on market- MLS Number
- E13124736
- Property Type
- Detached
- Status
- active
- Days on Site
- 33
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY
Welcome to 69 Holmstead Ave, a beautifully designed home offering refined contemporary style with a warm, inviting feel and standout curb appeal. Featuring soaring ceilings throughout, this light-filled residence delivers an airy, elevated living experience with thoughtfully curated finishes and a seamless flow ideal for modern family living. The main floor showcases an open, connected layout anchored by a gorgeous, well-appointed kitchen with exceptional storage, flowing effortlessly into the family room with a cozy gas fireplace-perfect for everyday living and entertaining. Upstairs, generously sized bedrooms provide comfort and functionality, including an oversized primary retreat with a spa-inspired ensuite featuring a glass-enclosed shower, indulgent soaker tub, and double sinks. With three bathrooms on the second level and convenient second-floor laundry, every detail has been designed with ease and lifestyle in mind. The fully finished walk-out basement offers incredible flexibility with a private entrance, large above-grade windows for abundant natural light, a full 4-piece bathroom, separate laundry, and direct access to the garage-ideal for in-law or extended family living. The expansive open space is perfect for a recreation room, home gym, or additional living area. Step outside to a fully fenced backyard, creating a safe and private space for kids and pets to play. A private driveway with parking for two cars plus an additional garage space provides rare and practical 3-car parking. Situated in a highly desirable, family-friendly neighbourhood, this home offers effortless access to the DVP, transit including subway and LRT, excellent schools, and nearby parks such as Taylor Creek. Enjoy the convenience of nearby big box stores along with the charm and character of the Danforth's local shops, cafes, and restaurants just minutes away.
Estimate your monthly payments for this property
Estimated Payment
$6,966.76/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.
69 Holmstead 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
Competitive Pricing
At $788/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.
Market Position
At 33 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 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 $6,563 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.