$879,000 - 511 Donlands Avenue, Danforth
Detached for Sale in Danforth
Popular ListingNeighbourhood: East York
- MLS Number
- E13658944
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
**Say Hello to a rare opportunity in East York's coveted Golden Triangle. This spacious 3-bedroom, 2-bath detached home sits on an extraordinary 150-foot ravine lot, offering the feeling of country living right in the heart of the city. Rich in character and timeless craftsmanship, the home showcases an abundance of original leaded and stained glass windows and doors, beautiful gumwood trim, wainscoting, hardwood floors, and generously proportioned principal rooms. The inviting living room features a handsome brick fireplace, charming stained glass accents, wall sconces, and a classic bay window that fills the space with natural light. The kitchen has been updated over the years and offers excellent functionality. Upstairs, you'll find three generously sized bedrooms, each with closet space, along with plenty of room for a growing family. The finished lower level with its separate entrance, 3-piece bath, gas fireplace, built-in shelving, pot lights, and impressive ceiling height-presents exciting potential for an in-law suite or extended family living. The true showstopper, however, lies beyond the garage: a wonderful deck overlooking the ravine. With no neighbours behind, this remarkable setting provides privacy, tranquility, and stunning natural views rarely found in the city. Ideally located just steps to the Don Valley's extensive walking and cycling trails, close to shopping, big-box stores, community amenities, and convenient access to downtown and major highways. The future Ontario Line subway station at Cosburn will also be just a short walk away, adding even greater long-term value and convenience. Filled with character and built to last, this cherished home offers endless potential for its next chapter. Add your own style and personal touches while enjoying the space, setting, and timeless craftsmanship that make this property so special.
Estimate your monthly payments for this property
Estimated Payment
$4,509.73/mo
Includes CMHC insurance ($24,524)
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.
511 Donlands Avenue, Danforth / East York
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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
Competitive Pricing
At $799/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.
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 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 $3,663 (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.