293 Glebemount Avenue, Toronto E03

Price: $1,189,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13870834

Beautifully Newly Renovated & Move-In Ready! Welcome to 293 Glebemount Ave, a bright and spacious home thoughtfully updated with a fresh, modern aesthetic. The main level features an inviting open-concept living and dining area with wide-plank flooring, pot lights, crown moulding and an abundance of natural light. The sleek renovated kitchen offers contemporary cabinetry, quartz countertops, stainless steel appliances and ample storage, creating a stylish and functional space for everyday living and entertaining. Two generously sized bedrooms and a beautifully updated bathroom complete the main level. A standout feature of this home is the completely separate main and lower-level living spaces, offering exceptional flexibility for extended family, multi-generational living or the potential to generate. additional rental income from the lower level. The fully finished basement features its own modern kitchen, spacious open-concept living area, additional rooms and a separate entrance, allowing each level to function independently.Outside, enjoy a deep, private backyard surrounded by mature trees and established landscaping, offering a peaceful outdoor retreat with plenty of space to relax, garden or entertain. A long private driveway and detached garage provide excellent parking and additional storage.A fantastic turnkey opportunity for homeowners and investors alike-live upstairs while generating potential income below, accommodate extended family, or simply enjoy the additional space. Modern finishes, flexible living options, a beautiful lot and detached garage make this one a must-see!

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active
New Listing
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$1,189,000 - 293 Glebemount Avenue, Danforth

Detached for Sale in Danforth

New — Listed today

Neighbourhood: East York

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

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Property Details
MLS Number
E13870834
Property Type
Detached
Status
active
Days on Site
0
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Taxes (2026)
$5,045
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Beautifully Newly Renovated & Move-In Ready! Welcome to 293 Glebemount Ave, a bright and spacious home thoughtfully updated with a fresh, modern aesthetic. The main level features an inviting open-concept living and dining area with wide-plank flooring, pot lights, crown moulding and an abundance of natural light. The sleek renovated kitchen offers contemporary cabinetry, quartz countertops, stainless steel appliances and ample storage, creating a stylish and functional space for everyday living and entertaining. Two generously sized bedrooms and a beautifully updated bathroom complete the main level. A standout feature of this home is the completely separate main and lower-level living spaces, offering exceptional flexibility for extended family, multi-generational living or the potential to generate. additional rental income from the lower level. The fully finished basement features its own modern kitchen, spacious open-concept living area, additional rooms and a separate entrance, allowing each level to function independently.Outside, enjoy a deep, private backyard surrounded by mature trees and established landscaping, offering a peaceful outdoor retreat with plenty of space to relax, garden or entertain. A long private driveway and detached garage provide excellent parking and additional storage.A fantastic turnkey opportunity for homeowners and investors alike-live upstairs while generating potential income below, accommodate extended family, or simply enjoy the additional space. Modern finishes, flexible living options, a beautiful lot and detached garage make this one a must-see!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,259.35/mo

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5-yr fixed avg.

Principal: $951,200Interest: $626,604
Mortgage Amount$951,200
Total Interest$626,604
Est. Property Tax$842/mo
Total Cost$1,577,804

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: East York

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

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

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

293 Glebemount 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)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$842
Insurance (est.)-$248
Net Cash Flow+$2,110

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 $1699/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 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.

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