$1,025,000 - 292 Glebemount Avenue, Danforth
Detached for Sale in Danforth
New — Listed yesterdayNeighbourhood: East York
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- MLS Number
- E13867114
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Taxes (2026)
- $5,931
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY
RARE 160-FT-DEEP LOT | 5 BEDROOMS | DETACHED | EAST YORK - A rare opportunity in a prime East York neighbourhood! This impressive fully detached 5-bedroom home sits on an extraordinary 160-ft-deep lot-offering space, privacy and possibilities rarely found in the city. Whether you're a large or growing family, envisioning multigenerational living, looking for an investment opportunity, or dreaming of building something uniquely your own, this exceptional property delivers. The expansive lot offers room to create your ideal outdoor oasis, including a pool-sized backyard, while the generous driveway provides parking for several vehicles. For investors or those seeking additional living space, the property meets the criteria for a garden suite. A report is available-creating the potential to add a separate dwelling for rental income, extended family or future flexibility. Enjoy the feeling of a private, park-like setting in your own backyard, while being minutes from everything that makes East York so desirable. Taylor Creek Park is just an 8-minute walk away, with miles of paved trails winding through the city-perfect for jogging, cycling, cross-country skiing and dog walks. A wonderful opportunity to enjoy the restorative beauty of nature right outside your door. Convenient access to the subway, parks, schools and downtown core. A truly rare offering-an exceptional lot with the space and flexibility to live, invest, expand or build your dream. Opportunities like this are rarely offered.
Estimate your monthly payments for this property
Estimated Payment
$4,533.92/mo
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 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.
292 Glebemount 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
Fair Market Value
At $932/sqft, this property is priced in line with current Danforth market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Excellent Flexibility
With 5 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.
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.
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 $4,271 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.