85 Roosevelt Road, Toronto E03

Price: $1,299,000

5 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E12840708

Love where you live on lively Roosevelt, and make it your own ~ Blending classic charm with modern living this spacious, sun-filled, and full of character, this 4-bedroom home is the perfect family retreat. Step into a warm honey-toned terracotta tile foyer that leads into a bright galley kitchen, flowing effortlessly into the principal-sized dining and living room, complete with a gas fireplace and box bay window that splashes the space in natural light. The main floor primary bedroom boasts its own 4-piece ensuite with elegant black-and-white tile floors.The step-down family room impresses with soaring 9"FT ceilings, a wood-burning fireplace, east-facing double windows, electric baseboard heating units providing extra warmth for cozy winter nights, creates a bright and inviting gathering space. Upstairs, 3/Three generously sized bedrooms each offer ample closet space, complemented by a luxurious 5-piece bathroom with a bidet.The lower level features an additional grand room --- perfect as a guest suite or lounge --- along with separate laundry room and abundant storage, including wall-to-wall sliding walk-in utility closets galore. Enjoy a prime location just steps from parks, the Library, Michael Garron Hospital, Farmers Market (May 13 to Oct 8) sought after RH McGregor School district all with easy access to Danforth shops, eateries, and coffee spots, plus a direct 1-bus ride to the subway. Classic charm, modern comfort, and unbeatable convenience all come together ready to be your forever.

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$1,299,000 - 85 Roosevelt Road, Danforth

Detached for Sale in Danforth

104 days on market
5Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E12840708
Property Type
Detached
Status
active
Days on Site
104
Bedrooms
5
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Love where you live on lively Roosevelt, and make it your own ~ Blending classic charm with modern living this spacious, sun-filled, and full of character, this 4-bedroom home is the perfect family retreat. Step into a warm honey-toned terracotta tile foyer that leads into a bright galley kitchen, flowing effortlessly into the principal-sized dining and living room, complete with a gas fireplace and box bay window that splashes the space in natural light. The main floor primary bedroom boasts its own 4-piece ensuite with elegant black-and-white tile floors.The step-down family room impresses with soaring 9"FT ceilings, a wood-burning fireplace, east-facing double windows, electric baseboard heating units providing extra warmth for cozy winter nights, creates a bright and inviting gathering space. Upstairs, 3/Three generously sized bedrooms each offer ample closet space, complemented by a luxurious 5-piece bathroom with a bidet.The lower level features an additional grand room --- perfect as a guest suite or lounge --- along with separate laundry room and abundant storage, including wall-to-wall sliding walk-in utility closets galore. Enjoy a prime location just steps from parks, the Library, Michael Garron Hospital, Farmers Market (May 13 to Oct 8) sought after RH McGregor School district all with easy access to Danforth shops, eateries, and coffee spots, plus a direct 1-bus ride to the subway. Classic charm, modern comfort, and unbeatable convenience all come together ready to be your forever.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

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5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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

85 Roosevelt Road, 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.)-$920
Insurance (est.)-$271
Net Cash Flow+$2,409

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

Fair Market Value

At $866/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 104 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.

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 $5,413 (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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    85 Roosevelt Road, Danforth /… — $1,299,000 | Battaglia Team