148 Mortimer Avenue, Toronto E03

Price: $1,150,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: E13796864

The perfect turn-key starter home awaits! This extensively renovated 2 bedroom, 2 bathroom semi-detached comes with a detached garage and parking for TWO cars... a rare find indeed! With approx. $150K spent, the list of upgrades are numerous and yours to enjoy for years to come: brand new hardwood flooring and potlights on the main floor; all new windows and rear sliding door; updated main staircase and a new glass railing; a fully redesigned and renovated kitchen with LG stainless steel appliances; Hunter ceiling fans in both bedrooms; complete basement rec room renovation with in-floor electric heating including the basement bathroom; all new eavestroughs for house and garage; new exterior siding on kitchen extension; backyard turf, deck and fence; front porch glass railing and stairs; custom all-season recycled rubber walkway. There is also updated plumbing and ductwork plus a tankless hot water heater. All systems are completely owned with no leases or rental fees. The garage is equipped with 100 amp electrical sufficient for an EV charger to be installed. You couldn't ask for a house that is this easy to move in and enjoy right away! Growing your family? A full 2 storey addition is possible to turn this beauty into a 3 bedroom home. A great location in a family neighbourhood with nearby schools, parks, library and the East York Community Centre. Easy access to the Danforth subway or the DVP for those who need to commute to work.

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active

$1,150,000 - 148 Mortimer Avenue, Danforth

Semi-Detached for Sale in Danforth

Neighbourhood: Broadview North

2Beds
2Baths
700 - 1,099Sq Ft
Semi-Detached

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Property Details
MLS Number
E13796864
Property Type
Semi-Detached
Status
active
Days on Site
20
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Taxes (2026)
$5,011
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

The perfect turn-key starter home awaits! This extensively renovated 2 bedroom, 2 bathroom semi-detached comes with a detached garage and parking for TWO cars... a rare find indeed! With approx. $150K spent, the list of upgrades are numerous and yours to enjoy for years to come: brand new hardwood flooring and potlights on the main floor; all new windows and rear sliding door; updated main staircase and a new glass railing; a fully redesigned and renovated kitchen with LG stainless steel appliances; Hunter ceiling fans in both bedrooms; complete basement rec room renovation with in-floor electric heating including the basement bathroom; all new eavestroughs for house and garage; new exterior siding on kitchen extension; backyard turf, deck and fence; front porch glass railing and stairs; custom all-season recycled rubber walkway. There is also updated plumbing and ductwork plus a tankless hot water heater. All systems are completely owned with no leases or rental fees. The garage is equipped with 100 amp electrical sufficient for an EV charger to be installed. You couldn't ask for a house that is this easy to move in and enjoy right away! Growing your family? A full 2 storey addition is possible to turn this beauty into a 3 bedroom home. A great location in a family neighbourhood with nearby schools, parks, library and the East York Community Centre. Easy access to the Danforth subway or the DVP for those who need to commute to work.

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Estimate your monthly payments for this property

Estimated Payment

$5,086.84/mo

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5-yr fixed avg.

Principal: $920,000Interest: $606,051
Mortgage Amount$920,000
Total Interest$606,051
Est. Property Tax$815/mo
Total Cost$1,526,051

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: Broadview North

Discover Broadview North

Broadview North 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 Broadview North

  • •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

Broadview North 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

148 Mortimer Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$815
Insurance (est.)-$240
Net Cash Flow+$1,345

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 $1643/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 20 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.

About Broadview North

I know Broadview North well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $4,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    148 Mortimer Avenue | $1,150,000 | Battaglia Team