$1,599,000 - 20 Torrens Avenue, Danforth
Detached for Sale in Danforth
Neighbourhood: Broadview North
- MLS Number
- E13638278
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to 20 Torrens Avenue - A Rare Multi-Family Investment Opportunity in Prime Broadview North Neighbourhood. Multi-generational living. Built-in investment. Endless possibilities.Offering 2,257 SF across multiple levels of generous living space, this back split features 4 spacious bedrooms, a den, and 3 full bathrooms - solid bones, ready for your personal touch - in one of Toronto's most connected and evolving pockets: Broadview North.Sitting on a rare 150 ft deep lot with 4 separate entrances (main, side, 2 in the bsmt) this home offers true multi-family potential - an ideal choice for multi-generational families or investors seeking a built-in investment with real income potential. Truly one of the most unique lots in prime East York, Toronto, just minutes to Downtown.Second level: 3 bedrooms + 5-piece bathroom with skylight. Main & Ground level: bedroom, spacious den, 3 piece bathroom, kitchen, dining room, living & family rooms with additional walk-out sliding door to a beautiful backyard plus another side entrance from ground level. Basement -accessible by 2 separate entrances: recreation room with wet bar, second kitchen, dining area, 4 piece bathroom and laundry room. With multiple entrances - front door, 2 basement entrances, side door entrance, and backyard W/O - this home is built for flexibility, privacy, and independent living for extended family or tenants. 5 total parking spaces (1-car garage + 4 additional parking spaces) - a rare find minutes to downtown. Unbeatable location: walking distance to top-rated schools and the scenic Lower Don Valley trails, with quick access to the DVP, reliable TTC, the Brickworks, Rosedale Valley, and the East York Community Centre - steps to Broadview. Investor alert: this renovator's opportunity on a rare 150 ft deep lot with 5-car parking and 4 separate entrances won't last. Bring your vision and transform this home into your family's next chapter or your next great investment.
Estimate your monthly payments for this property
Estimated Payment
$7,072.92/mo
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 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
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.
20 Torrens Avenue, Danforth / East York
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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
Competitive Pricing
At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 18 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.
Excellent Flexibility
With 5 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 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.
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.