$2,000/mo - 245 Floyd Avenue Unit bsmt, Danforth
Detached for Rent in Danforth
Neighbourhood: Danforth Village-East York
- MLS Number
- E13627206
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- HOMELIFE/VISION REALTY INC.
Beautifully renovated 1-bedroom basement apartment in a highly desirable East York neighbourhood. This bright and inviting home offers exceptionally high ceilings and large windows throughout, creating an open, airy feel that doesn't feel like a typical basement. Features include a spacious family-sized kitchen, modern 3-piece bathroom, private separate entrance, and the exclusive use of a covered rear solarium, providing additional versatile living space to relax, enjoy your morning coffee, or use for extra storage year-round. Ideally located just a 3-minute walk to transit and only a 5-minute bus ride to Pape Subway Station, with The Danforth, shopping, parks, schools, restaurants, and everyday amenities all nearby. Rent includes hydro, gas, water, and one (1) parking space. Ideal for a single professional or couple, with a maximum of two adults preferred. No pets permitted due to the landlord's severe allergies. No smoking of any kind. A fantastic opportunity to enjoy a bright, spacious home in a convenient, family-friendly location.
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
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.
245 Floyd Avenue Unit bsmt, 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 $2,000/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 23 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.
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.
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.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.