982 Cosburn Avenue, Toronto E03

Price: $1,099,000

4 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13113962

Welcome to 982 Cosburn Ave, a fully reimagined detached luxury home where modern design, quality upgrades, and everyday functionality come together seamlessly. This bright open-concept home features spacious living and dining areas, an enlarged front window for abundant natural light, and rich hardwood flooring throughout the main level. At the heart of the home is a brand-new designer kitchen with premium cabinetry, sleek countertops, upgraded fixtures, and a functional layout ideal for family living and entertaining. A rare main-floor laundry room adds convenience, while three full bathrooms with modern glass showers provide exceptional comfort. The newly added private ensuite creates a true retreat in the primary bedroom. A large rear sliding door connects the interior to a professionally finished backyard with a dedicated sitting area, perfect for entertaining or relaxing outdoors. The exterior has been extensively upgraded with a modern stucco finish, glass railing, upgraded entry door, and enhanced landscaping for impressive curb appeal.The fully finished walk-out basement offers excellent flexibility with a second kitchen, bedroom, spacious living area, and full bathroom-ideal for extended family, guests, or work-from-home use. Major behind-the-scenes upgrades include full electrical rewiring, an upgraded electrical panel, and all-new plumbing, offering long-term peace of mind. Another standout feature is the rare 3-car parking, including a garage space plus two additional driveway spots. Located close to schools, parks, trails, transit, shopping, and restaurants, this move-in-ready East York home offers modern finishes, major system upgrades, flexible living space, and exceptional convenience in a highly desirable neighborhood.

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$1,099,000 - 982 Cosburn Avenue, Danforth

Detached for Sale in Danforth

35 days on market

Neighbourhood: Woodbine-Lumsden

4Beds
3Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13113962
Property Type
Detached
Status
active
Days on Site
35
Bedrooms
4
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

Welcome to 982 Cosburn Ave, a fully reimagined detached luxury home where modern design, quality upgrades, and everyday functionality come together seamlessly. This bright open-concept home features spacious living and dining areas, an enlarged front window for abundant natural light, and rich hardwood flooring throughout the main level. At the heart of the home is a brand-new designer kitchen with premium cabinetry, sleek countertops, upgraded fixtures, and a functional layout ideal for family living and entertaining. A rare main-floor laundry room adds convenience, while three full bathrooms with modern glass showers provide exceptional comfort. The newly added private ensuite creates a true retreat in the primary bedroom. A large rear sliding door connects the interior to a professionally finished backyard with a dedicated sitting area, perfect for entertaining or relaxing outdoors. The exterior has been extensively upgraded with a modern stucco finish, glass railing, upgraded entry door, and enhanced landscaping for impressive curb appeal.The fully finished walk-out basement offers excellent flexibility with a second kitchen, bedroom, spacious living area, and full bathroom-ideal for extended family, guests, or work-from-home use. Major behind-the-scenes upgrades include full electrical rewiring, an upgraded electrical panel, and all-new plumbing, offering long-term peace of mind. Another standout feature is the rare 3-car parking, including a garage space plus two additional driveway spots. Located close to schools, parks, trails, transit, shopping, and restaurants, this move-in-ready East York home offers modern finishes, major system upgrades, flexible living space, and exceptional convenience in a highly desirable neighborhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,861.25/mo

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5-yr fixed avg.

Principal: $879,200Interest: $579,174
Mortgage Amount$879,200
Total Interest$579,174
Est. Property Tax$778/mo
Total Cost$1,458,374

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: Woodbine-Lumsden

Discover Woodbine-Lumsden

Woodbine-Lumsden 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 Woodbine-Lumsden

  • 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

Woodbine-Lumsden 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

982 Cosburn Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$2,193

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

Premium Pricing

At $1570/sqft, this property is priced above the Danforth average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 35 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Danforth. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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.

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    982 Cosburn Avenue, Danforth / East York | $1,099,000 | Battaglia Team