82 Muriel Avenue, Toronto E03

Price: $489,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: E13086464

Exceptional opportunity at 82 Muriel Ave, offered for under $500,000. A semi-detached home featuring 3 bedrooms and 2 bathrooms in Toronto's highly sought-after East York community. This property presents incredible potential for first-time buyers, renovators, investors, or builders looking to customize or add value. Situated on a quiet, family-friendly street and surrounded by established homes and ongoing development, this is an ideal project opportunity. The generous lot offers endless possibilities: renovate, redevelop, or build your dream home. Enjoy a prime location just steps to the Danforth, TTC, future Ontario Line, parks, schools, and local amenities. A rare chance to secure a property in a high-demand neighborhood with strong upside, at a price point rarely seen.

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$489,000 - 82 Muriel Avenue, Danforth

Semi-Detached for Sale in Danforth

39 days on market
3Beds
2Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
E13086464
Property Type
Semi-Detached
Status
active
Days on Site
39
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Exceptional opportunity at 82 Muriel Ave, offered for under $500,000. A semi-detached home featuring 3 bedrooms and 2 bathrooms in Toronto's highly sought-after East York community. This property presents incredible potential for first-time buyers, renovators, investors, or builders looking to customize or add value. Situated on a quiet, family-friendly street and surrounded by established homes and ongoing development, this is an ideal project opportunity. The generous lot offers endless possibilities: renovate, redevelop, or build your dream home. Enjoy a prime location just steps to the Danforth, TTC, future Ontario Line, parks, schools, and local amenities. A rare chance to secure a property in a high-demand neighborhood with strong upside, at a price point rarely seen.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,508.82/mo

Includes CMHC insurance ($13,643)

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5%10%50%

5-yr fixed avg.

Principal: $440,100Interest: $298,904
Mortgage Amount$453,743
Total Interest$298,904
Est. Property Tax$346/mo
Total Cost$752,647

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

82 Muriel Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$2,352

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 $699/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 39 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    82 Muriel Avenue, Danforth / Ea… — $489,000 | Battaglia Team