33 Torrens Avenue, Toronto E03

Price: $999,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13624280

Welcome to this wonderful opportunity on 33 Torrens Ave, nestled in one of East York's most desirable neighbourhoods. This detached 2 storey home sits on a generous 21.25 x 150 lot and offer spacious 4 bedrooms and 3 washrooms. An endless possibilities for renovators, investors or builders to create their dream home, The bright Second floor features a skylight, while the main floor offers additional family space with a walk out to the back yard deck, Perfect for enjoying outdoor gatherings and family time. The fully fenced backyard provides privacy and space to relax and entertain. Located on a quiet tree-lined street. close to the parks, Schools, shops, restaurants, Pape station and the future Cosburn station. This home combines a fantastic location with incredible potential. A very rare opportunity to bring your vision to life in a sought-after East York Community.

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$999,000 - 33 Torrens Avenue, Danforth

Detached for Sale in Danforth

Neighbourhood: Broadview North

5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13624280
Property Type
Detached
Status
active
Days on Site
23
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Welcome to this wonderful opportunity on 33 Torrens Ave, nestled in one of East York's most desirable neighbourhoods. This detached 2 storey home sits on a generous 21.25 x 150 lot and offer spacious 4 bedrooms and 3 washrooms. An endless possibilities for renovators, investors or builders to create their dream home, The bright Second floor features a skylight, while the main floor offers additional family space with a walk out to the back yard deck, Perfect for enjoying outdoor gatherings and family time. The fully fenced backyard provides privacy and space to relax and entertain. Located on a quiet tree-lined street. close to the parks, Schools, shops, restaurants, Pape station and the future Cosburn station. This home combines a fantastic location with incredible potential. A very rare opportunity to bring your vision to life in a sought-after East York Community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5%10%50%

5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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: Broadview North

Discover Broadview North

Broadview North 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 Broadview North

  • 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

Broadview North 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

33 Torrens Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,684

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

Competitive Pricing

At $666/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Broadview North

I know Broadview North 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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    33 Torrens Avenue, Danforth / East York | $999,000 | Battaglia Team