$949,900 - 202 Virginia Avenue, Danforth
Detached for Sale in Danforth
Neighbourhood: Woodbine-Lumsden
- MLS Number
- E13443992
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- ROYAL LEPAGE URBAN REALTY
Welcome To 202 Virginia Avenue, Tucked Away On A Private Drive In The Heart Of East York. This Well-cared-for Home Offers Outstanding Versatility And Value, With Numerous Updates Completed Over The Years, Including Windows, Roof, Electrical, And Plumbing. The Bright And Inviting Main Floor Features Two Spacious Bedrooms, While A Separate Entrance Leads To A Self-contained In-law Suite With An Additional Bedroom-perfect For Extended Family, Guests, Or Potential Rental Income. Adding To Its Appeal Is A Detached Garage And A Premium-sized Lot That Presents Endless Possibilities For Future Expansion, Renovation, Or Redevelopment. Whether You're A First-time Buyer, Investor, Or Looking To Create Your Dream Home, This Move-in-ready Property Offers Exceptional Potential In One Of Toronto's Most Sought-after Neighbourhoods. Ideally Located Within Walking Distance To Transit, Schools, Parks, Shopping, And Everyday Amenities, This Is A Rare Opportunity To Enjoy Comfortable Living Today While Securing Future Upside In A Thriving East York Community.
Estimate your monthly payments for this property
Estimated Payment
$4,873.48/mo
Includes CMHC insurance ($26,502)
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 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
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.
202 Virginia 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
Premium Pricing
At $1357/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 22 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Woodbine-Lumsden
I know Woodbine-Lumsden 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.