$898,000 - 86 Mortimer Avenue, Danforth
Semi-Detached for Sale in Danforth
63 days on market- MLS Number
- E12995534
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 63
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to 86 Mortimer Ave-an inviting Semi-Detached, two-storey home set on a deep 132 ft lot in the highly desirable Broadview North neighborhood with a legal front parking pad.This property offers three bedrooms, two full bathrooms, and a large backyard. Hardwood flooring runs throughout the main and second floors, adding warmth and character. The living and dining areas are bright, well-defined spaces with a functional layout, enhanced by large windows that create an open, natural flow.The good-size kitchen is equipped with stainless steel appliances, a double sink, and ample cabinetry. It opens into a cozy breakfast area, which leads directly to a beautifully designed three-level deck-perfect for outdoor entertaining, framed by landscaped cedar trees.Upstairs, the sun-filled primary bedroom features a closet and a wide window, along with two additional well-proportioned and airy bedrooms, and a 4 pc bath.The finished basement adds versatility, offering a rec room/bedroom/office with an electric fireplace, a combined laundry and utility area, a second four-piece bathroom, and flexible space suitable for a home gym or additional storage.The fully fenced backyard provides privacy and a serene urban retreat, complete with a pergola and garden shed. Evergreens and layered plantings adorn the curb appeal along the front driveway.Quick access to the DVP, Downtown, Broadview and Chester subway, multiple TTC bus routes, and the scenic Don Valley Trails, surrounded by excellent schools, daycares, parks, sports fields, and community centres, earning an impressive rider score of 94. Nearby attractions such as Todmorden Mills Park, Evergreen Brick Works, and the Papermill Theatre provide year-round recreational and cultural opportunities. Minutes away, the vibrant Danforth offers an eclectic mix of cafés, restaurants, and local shops, contributing to the neighbourhood's strong sense of community and welcoming atmosphere.
Estimate your monthly payments for this property
Estimated Payment
$4,607.21/mo
Includes CMHC insurance ($25,054)
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 Mortimer 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 $816/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 63 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.
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.
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 $3,742 (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.