918 Carlaw Avenue, Toronto E03

Price: $2,590,000

6 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: E13413438

Fabulous move-in ready detached family home offering 5+1 bedrooms, 5 bathrooms, and over 2,700 sq. ft. of living space above-grade. The open-concept main floor features a welcoming foyer, spacious living room with built-in shelving and a gas fireplace, double front hall closet, powder room, dining area, and an oversized kitchen with centre island, pantry, bonus built-in desk, and double-door walkout to the garden. The second floor features a generous primary retreat complete with his-and-her built-in closets and ensuite with heated floor, along with two additional bedrooms with large closets, laundry, and a four-piece bathroom. The third floor offers exceptional flexibility with a large fourth bedroom or family room featuring a walkout to a private deck, an additional four-piece bathroom, a dedicated home office, and a fifth bedroom with a large closet and built-in window seat. The finished basement includes a mudroom, recreation area, and an additional bedroom. Ideal for extended family, guests, or live-in childcare, the mudroom is already equipped with rough-ins for a future kitchen or second laundry, providing exceptional in-law or secondary suite potential. Lovely west-facing backyard with interlocking stone patio and garden. Exceptional two-car parking includes a garage and driveway space, accessed by a rare extra-wide mutual drive. Located in the coveted Jackman Avenue Public School district, just north of the Danforth in a family-friendly enclave, steps to TTC subway and future Ontario line, vibrant shops and restaurants, and the green spaces of Riverdale and Withrow parks.

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New Listing
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$2,590,000 - 918 Carlaw Avenue, Danforth

Detached for Sale in Danforth

New — Listed 2 days ago
6Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
E13413438
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
6
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
CHESTNUT PARK REAL ESTATE LIMITED
Description

Fabulous move-in ready detached family home offering 5+1 bedrooms, 5 bathrooms, and over 2,700 sq. ft. of living space above-grade. The open-concept main floor features a welcoming foyer, spacious living room with built-in shelving and a gas fireplace, double front hall closet, powder room, dining area, and an oversized kitchen with centre island, pantry, bonus built-in desk, and double-door walkout to the garden. The second floor features a generous primary retreat complete with his-and-her built-in closets and ensuite with heated floor, along with two additional bedrooms with large closets, laundry, and a four-piece bathroom. The third floor offers exceptional flexibility with a large fourth bedroom or family room featuring a walkout to a private deck, an additional four-piece bathroom, a dedicated home office, and a fifth bedroom with a large closet and built-in window seat. The finished basement includes a mudroom, recreation area, and an additional bedroom. Ideal for extended family, guests, or live-in childcare, the mudroom is already equipped with rough-ins for a future kitchen or second laundry, providing exceptional in-law or secondary suite potential. Lovely west-facing backyard with interlocking stone patio and garden. Exceptional two-car parking includes a garage and driveway space, accessed by a rare extra-wide mutual drive. Located in the coveted Jackman Avenue Public School district, just north of the Danforth in a family-friendly enclave, steps to TTC subway and future Ontario line, vibrant shops and restaurants, and the green spaces of Riverdale and Withrow parks.

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Estimated Payment

$11,456.44/mo

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5-yr fixed avg.

Principal: $2,072,000Interest: $1,364,933
Mortgage Amount$2,072,000
Total Interest$1,364,933
Est. Property Tax$1,835/mo
Total Cost$3,436,933

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

918 Carlaw Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$1,835
Insurance (est.)-$540
Net Cash Flow+$1,975

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 $1036/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Danforth's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 6 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.

Bathroom Count Matters

With 5 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 $10,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    918 Carlaw Avenue, Danforth /… — $2,590,000 | Battaglia Team