248 Westwood Avenue, Toronto E03

Price: $879,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13842566

Welcome To 248 Westwood Avenue, Ideally Located In A Prime Area of Danforth Village On One Of East York's Most Desirable Streets. Set On A 25-By-110-Foot Lot With A Detached Single-Car Garage, This Classic Bungalow Has Remained In The Same Family For All Of Its 85 Years And Is Now Ready For A New Chapter. It Offers Outstanding Potential For First-Time Buyers, Renovators, Contractors, And Skilled Handypersons In A Neighbourhood Known For High-End Renovations, Second Story Additions And New Builds. At 888 Square Feet, It Is One Of The Area's Largest Original Bungalow Layouts. The Main Floor Features Spacious Open-Concept Living And Dining Areas, An Updated Eat-In Kitchen, Two Bedrooms (Including The Primary Bedroom With A Walkout To The Backyard Deck) And A Four-Piece Bathroom With Whirlpool Tub. A Separate Side Entrance Leads To The Lower Level That Includes A Large Recreation Room With A Gas Fireplace, Another Four-Piece Bathroom With A Separate Shower And Large Double Whirlpool Tub, A Laundry Room, And Two Additional Rooms/Bedrooms. The Layout Offers Strong Potential For An In-Law Suite Or Separate Apartment. It's All About Location Location And This Home Has It, Just Two Blocks From The Future Ontario Line, Minutes To The DVP, Convenient Access To Downtown, Public Transit And The Vibrant Shops, Cafés, And Restaurants Along Pape Avenue And The Danforth. It Also Boasts An Excellent Walk Score, With Elementary, Middle & High Schools Near By, Four Parks And Numerous Recreation Facilities All Within A 20-Minute Walk, In A Neighbourhood That Continues To Appreciate In Value. Whether You Are Seeking Your First Detached Home, Downsizing Without Sacrificing Space, Planning To Personalize A Property Over Time, Or Looking For A Prime Lot And Home To Reimagine, 248 Westwood Avenue Is A Rare And Exciting Opportunity.

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active
New Listing

$879,000 - 248 Westwood Avenue, Danforth

Detached for Sale in Danforth

New — Listed 7 days ago

Neighbourhood: Danforth Village-East York

4Beds
2Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
E13842566
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Lot Size
2,756 sqft
Taxes (2025)
$5,067
Listing Brokerage
SUTTON GROUP-HERITAGE REALTY INC.
Description

Welcome To 248 Westwood Avenue, Ideally Located In A Prime Area of Danforth Village On One Of East York's Most Desirable Streets. Set On A 25-By-110-Foot Lot With A Detached Single-Car Garage, This Classic Bungalow Has Remained In The Same Family For All Of Its 85 Years And Is Now Ready For A New Chapter. It Offers Outstanding Potential For First-Time Buyers, Renovators, Contractors, And Skilled Handypersons In A Neighbourhood Known For High-End Renovations, Second Story Additions And New Builds. At 888 Square Feet, It Is One Of The Area's Largest Original Bungalow Layouts. The Main Floor Features Spacious Open-Concept Living And Dining Areas, An Updated Eat-In Kitchen, Two Bedrooms (Including The Primary Bedroom With A Walkout To The Backyard Deck) And A Four-Piece Bathroom With Whirlpool Tub. A Separate Side Entrance Leads To The Lower Level That Includes A Large Recreation Room With A Gas Fireplace, Another Four-Piece Bathroom With A Separate Shower And Large Double Whirlpool Tub, A Laundry Room, And Two Additional Rooms/Bedrooms. The Layout Offers Strong Potential For An In-Law Suite Or Separate Apartment. It's All About Location Location And This Home Has It, Just Two Blocks From The Future Ontario Line, Minutes To The DVP, Convenient Access To Downtown, Public Transit And The Vibrant Shops, Cafés, And Restaurants Along Pape Avenue And The Danforth. It Also Boasts An Excellent Walk Score, With Elementary, Middle & High Schools Near By, Four Parks And Numerous Recreation Facilities All Within A 20-Minute Walk, In A Neighbourhood That Continues To Appreciate In Value. Whether You Are Seeking Your First Detached Home, Downsizing Without Sacrificing Space, Planning To Personalize A Property Over Time, Or Looking For A Prime Lot And Home To Reimagine, 248 Westwood Avenue Is A Rare And Exciting Opportunity.

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Estimated Payment

$4,509.73/mo

Includes CMHC insurance ($24,524)

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5-yr fixed avg.

Principal: $791,100Interest: $537,294
Mortgage Amount$815,624
Total Interest$537,294
Est. Property Tax$623/mo
Total Cost$1,352,918

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

248 Westwood Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$623
Insurance (est.)-$183
Net Cash Flow+$2,394

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

Premium Pricing

At $1256/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Danforth's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Danforth. Good resale value as demand remains consistent.

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.

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    248 Westwood Avenue, Danforth / East York | $879,000 | Battaglia Team