193 Ferris Road, Toronto E03

Price: $949,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13489344

Beautiful 3 Bedroom Bungalow, Situated On A Stunning Lot, And Great Part Of Ferris Road. Exceptionally Maintained. Recent Updtes & Improvements Include Brand New Kitchen (2021), New Driveway Paved With Sidewalk Installation, Driveway Retaining Wall, New Hardwood Flooring In Living /Dining Room, Entire House Painted, New Upstairs Windows, Plus Front Door & Screen Door, 1 Yr Old Furnace, Thousands Spent On Basement. The List Is Endless...*Also A Private Drive & 2 Car Garage. In Summary, This Is Such A Well Maintained Home, Beautifully Landscaped, Huge Lot Of 40 Ft x 172 Feet. Bathrooms Have Also Been Renovated & Upgraded. Separate Side Entrance For A Big 1 Bedroom In-Law Suite. The Side Enbtrance Was Restructured Including Door Replacement & Painting. Basement Photos Have Some Virtual Staging. Just Come & Visit This Fantastic Home. You Will Fall In Love With It.

193 Ferris Road - Detached photo 1 of 19 in Danforth / East York, Ontario
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$949,000 - 193 Ferris Road, Danforth

Detached for Sale in Danforth

Popular Listing

Neighbourhood: O'Connor-Parkview

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13489344
Property Type
Detached
Status
active
Days on Site
12
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Beautiful 3 Bedroom Bungalow, Situated On A Stunning Lot, And Great Part Of Ferris Road. Exceptionally Maintained. Recent Updtes & Improvements Include Brand New Kitchen (2021), New Driveway Paved With Sidewalk Installation, Driveway Retaining Wall, New Hardwood Flooring In Living /Dining Room, Entire House Painted, New Upstairs Windows, Plus Front Door & Screen Door, 1 Yr Old Furnace, Thousands Spent On Basement. The List Is Endless...*Also A Private Drive & 2 Car Garage. In Summary, This Is Such A Well Maintained Home, Beautifully Landscaped, Huge Lot Of 40 Ft x 172 Feet. Bathrooms Have Also Been Renovated & Upgraded. Separate Side Entrance For A Big 1 Bedroom In-Law Suite. The Side Enbtrance Was Restructured Including Door Replacement & Painting. Basement Photos Have Some Virtual Staging. Just Come & Visit This Fantastic Home. You Will Fall In Love With It.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,868.86/mo

Includes CMHC insurance ($26,477)

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5-yr fixed avg.

Principal: $854,100Interest: $580,081
Mortgage Amount$880,577
Total Interest$580,081
Est. Property Tax$672/mo
Total Cost$1,460,659

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: O'Connor-Parkview

Discover O'Connor-Parkview

O'Connor-Parkview 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 O'Connor-Parkview

  • 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

O'Connor-Parkview 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

193 Ferris Road, 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)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$2,330

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 $1356/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.

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.

About O'Connor-Parkview

I know O'Connor-Parkview 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 $3,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    193 Ferris Road, Danforth / East York | $949,000 | Battaglia Team