$1,689,000 - 86 Binswood Avenue, Danforth
Detached for Sale in Danforth
- MLS Number
- E13178860
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Much bigger in person than the photos show. The lush greenery conceals the true size of the home while creating a private, resort-like setting. Starting with a spectacular backyard retreat featuring an outdoor swimming pool, this rare offering is an exceptional residence rebuilt with high-end design, quality craftsmanship, and premium finishes on a beautifully landscaped 32 x 104 ft lot. Offering 3+1 bedrooms, 3.5 bathrooms, a finished basement, sunroom, detached garage, and two private driveways, this home blends luxury with everyday functionality. The main floor showcases hardwood floors, crown moulding , pot lights, a built-in sound system, and a powder room with heated floors. The elegant dining area features custom cabinetry and thoughtfully designed display space, creating a refined, gallery-inspired atmosphere. The designer kitchen is equipped with premium appliances, Staron countertops, a ceramic backsplash, breakfast bar, custom wood feature wall, and a walkout to the sunroom and backyard. Upstairs, the spacious primary suite offers a walk-in closet and a luxurious 4-piece ensuite with a jacuzzi tub and custom Staron vanity. A second bedroom features a custom closet and private 3-piece ensuite with heated floors, Riobel fixtures, Waterford crystal sink, and custom vanity. The third bedroom overlooks the backyard and includes custom-built storage. The fully finished basement provides a large recreation room or optional fourth bedroom, along with a stylish 3-piece bathroom. The sunroom creates a seamless connection between indoor and outdoor living, allowing year-round enjoyment. Outside, the interlocking patio, mature trees, colorful gardens, and pool create a tranquil escape rarely found in the city. Located within the highly sought-after Diefenbaker Elementary School district and just minutes to Taylor Creek Park, the DVP, and public transit, this is a unique opportunity to own a beautifully rebuilt home in one of East York's most desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$7,471.02/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.
86 Binswood 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 $1126/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.
Market Position
At 19 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.
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.
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 $7,038 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.