$1,699,000 - 811 Cosburn Avenue, Danforth
Detached for Sale in Danforth
67 days on market- MLS Number
- E12977922
- Property Type
- Detached
- Status
- active
- Days on Site
- 67
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY
Welcome to 811 Cosburn Ave: A fully detached 2-storey, 4-bedroom executive home with timeless curb appeal, ideally located in a sought-after East York neighbourhood. Featuring high ceilings and a bright open-concept layout, this home offers an inviting space filled with natural light-perfect for both everyday living and entertaining.The heart of the home is a spacious, family-sized kitchen with ample storage and a large island, ideal for hosting gatherings. A rear family room provides a separate, comfortable space for relaxation-perfect for young families. Upstairs, you'll find four generously sized bedrooms, including a principal retreat with a walk-in closet and a spa-inspired ensuite. The fourth bedroom is currently used as a dressing room but can easily be converted back to a bedroom, nursery, or home office. Car enthusiasts will appreciate the rare extra-deep garage spanning two lots at the rear offering 3 car parking, along with a 1-car parking pad, offering 4-car parking in total or ideal storage. The south-facing backyard is fully fenced and features a concrete pad, perfect for an outdoor lounge or entertaining space. A separate side entrance offers excellent potential for a self-contained in-law suite or income opportunity. Enjoy an unbeatable lifestyle with bike lanes leading to the beach, and walking distance to Taylor Creek Park-one of Toronto's largest ravine systems. Just minutes to the Danforth's shops and restaurants, a nearby community centre with pool and skating, and easy access to transit and the DVP for a seamless commute.
Estimate your monthly payments for this property
Estimated Payment
$7,515.25/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.
811 Cosburn 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 $1133/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.
Negotiation Opportunity
At 67 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.
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 $7,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.