$1,299,000 - 363 Strathmore Boulevard, Danforth
Detached for Sale in Danforth
45 days on marketNeighbourhood: Danforth Village-East York
- MLS Number
- E13158412
- Property Type
- Detached
- Status
- active
- Days on Site
- 45
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- RESIDENTIAL DEVELOPMENT SERVICES INC.
Rare single detached home in a prime Danforth location offering incredible flexibility and income potential for both end-users and investors. Live in one unit while generating rental income from the others, or explore the opportunity to convert the property into a triplex setup.This versatile home features separate front and rear entrances providing access to the main and second floors, plus a separate side entrance to the basement - ideal for multi-generational living or future income suites. Each level includes its own kitchen setup for added convenience.The second floor features 3 spacious bedrooms, 2 bathrooms, a kitchenette, and a bright sunroom. The main floor offers a spacious living room with fireplace, a bathroom, and a dining room with potential to convert into an in-law suite. An additional living area provides flexible space perfect for young families, a home office, or visiting parents.The basement features high ceilings, above-grade windows, a large bedroom with 3-piece ensuite, and a spacious laundry/furnace room with additional storage space. Tankless water system installed in 2024.Additional highlights include a mutual drive, private garage, and legal front pad parking.Located in a highly desirable Danforth neighbourhood just steps to TTC, parks, schools, green spaces, restaurants, cafes, and shops - offering the perfect blend of urban convenience and family-friendly living.
Estimate your monthly payments for this property
Estimated Payment
$5,745.92/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 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
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.
363 Strathmore Boulevard, Danforth / East York
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Premium Pricing
At $1181/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.
Market Position
At 45 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 6 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 5 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 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.