$914,000 - 350 Lumsden Avenue, Danforth
Detached for Sale in Danforth
Popular ListingNeighbourhood: Woodbine-Lumsden
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- MLS Number
- E13821678
- Property Type
- Detached
- Status
- active
- Days on Site
- 14
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Taxes (2025)
- $4,193
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
RENOVATED DETACHED 3-BEDROOM, 2-WASHROOM HOME IN HIGHLY SOUGHT-AFTER WOODBINE-LUMSDEN! Beautifully updated throughout, this bright and inviting home offers exceptional value in one of East York's most desirable neighbourhoods. Featuring engineered hardwood flooring, updated windows, elegant glass railings, and abundant pot lighting, the sun-filled interior feels both spacious and welcoming. The stunning renovated kitchen showcases quartz countertops, a slab backsplash, and contemporary finishes, with a walkout to a large deck, while the generous living and dining areas are ideal for everyday living and entertaining. Upstairs offers three well-appointed bedrooms, and the finished basement features a versatile recreation room that can easily serve as a fourth bedroom, media room, home office, or entertainment space, along with a utility room with laundry area, utility sink, and convenient 2-piece bath. Enjoy a surprisingly large private backyard, enclosed front mudroom, and laneway parking. Perfectly situated steps to Stan Wadlow Park, Taylor Creek trails, recreation facilities, transit, shops, cafes, restaurants, and excellent schools, with the subway just a short walk away. A turnkey opportunity offering comfort, convenience, and an exceptional family-friendly lifestyle in the heart of East York.
Estimate your monthly payments for this property
Estimated Payment
$4,689.29/mo
Includes CMHC insurance ($25,501)
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 Woodbine-Lumsden
Woodbine-Lumsden 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 Woodbine-Lumsden
- •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
Woodbine-Lumsden 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.
350 Lumsden 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 $831/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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Woodbine-Lumsden
I know Woodbine-Lumsden 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 $3,808 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.