237 Glebemount Avenue, Toronto E03

Price: $1,199,000

6 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13501672

Bright, spacious, and much larger than it appears, this unique 1.5 storey home offers exceptional flexibility for growing families or multi-generational living. The second floor features three bedrooms and a full bathroom, while the main level includes two additional rooms that can easily serve as bedrooms, a home office, playroom, formal dining room, or guest space, along with a convenient 2 piece bathroom. The sun-filled eat-in kitchen overlooks the expansive backyard through two oversized windows . The finished basement, complete with a separate entrance, bedroom, family room, kitchen and a 3 piece bathroom offers excellent in-law or multi-generational living potential. Relax outdoors on the welcoming front porch or enjoy your private balcony off the primary bedroom. A short walk to the Danforth allows you to explore and enjoy restaurants, coffee shops, and a variety of shopping, as well as two close by subway stations (Coxwell and Woodbine stations).

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$1,199,000 - 237 Glebemount Avenue, Danforth

Detached for Sale in Danforth

Popular Listing

Neighbourhood: Danforth Village-East York

6Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13501672
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
6
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
ROYAL LEPAGE ESTATE REALTY
Description

Bright, spacious, and much larger than it appears, this unique 1.5 storey home offers exceptional flexibility for growing families or multi-generational living. The second floor features three bedrooms and a full bathroom, while the main level includes two additional rooms that can easily serve as bedrooms, a home office, playroom, formal dining room, or guest space, along with a convenient 2 piece bathroom. The sun-filled eat-in kitchen overlooks the expansive backyard through two oversized windows . The finished basement, complete with a separate entrance, bedroom, family room, kitchen and a 3 piece bathroom offers excellent in-law or multi-generational living potential. Relax outdoors on the welcoming front porch or enjoy your private balcony off the primary bedroom. A short walk to the Danforth allows you to explore and enjoy restaurants, coffee shops, and a variety of shopping, as well as two close by subway stations (Coxwell and Woodbine stations).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,303.58/mo

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5%20%50%

5-yr fixed avg.

Principal: $959,200Interest: $631,874
Mortgage Amount$959,200
Total Interest$631,874
Est. Property Tax$849/mo
Total Cost$1,591,074

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: Danforth Village-East York

Discover Danforth Village-East York

Danforth Village-East York 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 Danforth Village-East York

  • 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

Danforth Village-East York 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

237 Glebemount Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$2,901

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

Competitive Pricing

At $799/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.

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 6 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 Danforth Village-East York

I know Danforth Village-East York 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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    237 Glebemount Avenue | $1,199,000 | Battaglia Team