$1,550/mo - 238 Torrens Avenue Unit Basement, Danforth
Detached for Rent in Danforth
Neighbourhood: East York
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- MLS Number
- E13755316
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- BENCHMARK SIGNATURE REALTY INC.
East York Living, With A Little More Room To Breathe. Step Into This Spacious 1-Bedroom Basement Suite Offering Approx. 700-1,000 Sq. Ft. Of Comfortable Living Space, Complete With A Private Separate Entrance, Full Kitchen, 3-Piece Bath And Ensuite Shared Laundry. The Generous, Flexible Layout Gives You Plenty Of Room To Live, Work And Unwind, Plus Shared Access To A Large Backyard - A Rare Bonus For City Living. Just Steps To The Danforth And The Energy Of Greektown, With An Incredible Selection Of Cafés, Restaurants, Shops, Parks And Everyday Essentials All Within Walking Distance. Public Transit And Pape Subway Station Are Conveniently Located Directly Across The Street, Making The Commute Downtown Quick And Effortless, While The DVP Is Just Minutes Away For Easy Access Across The City. Space, Privacy And One Of East York's Most Connected Locations - Right Outside Your Door.
Discover East York
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 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
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
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.
238 Torrens Avenue Unit Basement, Danforth / East York
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $1,550/mo, this is priced below the typical 1-bedroom rent of ~$2,300/mo in Danforth. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 29 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 East York
I know 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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.