$1,149,000 - 55 Devon Road, The Beaches
Townhouse for Sale in The Beaches
Neighbourhood: East End-Danforth
- MLS Number
- E13449724
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 21
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- REAL ESTATE HOMEWARD
Bursting with charm and curb appeal! This bright and inviting 3-bedroom, 2-bath home offers the perfect blend of character and comfort-with parking, and a spacious backyard too! This one checks all the boxes, oversized windows, and beautiful natural light throughout. Upstairs, you'll find two large bedrooms and a stylish 4-piece bath, while the third-floor loft bedroom is an ideal retreat, creative space, or cozy primary suite. The partially finished basement adds even more flexibility with a family room or separate office, laundry, 2-piece bath, and plenty of storage. Spacious backyard with a large deck made for entertaining. All of this in a fantastic neighborhood with the best of the east end at your doorstep. Steps to Cassels Park, transit and shops near by. Tucked perfectly between the Danforth, and the Beach with all they have to offer.
Estimate your monthly payments for this property
Estimated Payment
$5,082.41/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 East End-Danforth
East End-Danforth 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 End-Danforth
- •Convenient location in The Beaches / Upper Beaches
- •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 End-Danforth 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.
55 Devon Road, The Beaches / Upper Beaches
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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
Fair Market Value
At $1045/sqft, this property is priced in line with current The Beaches 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.
Market Position
At 21 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in The Beaches have shown strong appreciation as families seek more space.
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 End-Danforth
I know East End-Danforth 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: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.