691 Greenwood Avenue, Toronto E03

Price: $1,188,000

5 bedrooms, 5 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: E13518920

Welcome Home to 691 Greenwood Ave! This beautifully updated semi-detached residence offers exceptional space and versatility, featuring four well-sized bedrooms-including a convenient main-floor bedroom with a private 3-piece washroom, ideal for an in-law suite or dedicated home office. With five thoughtfully designed washrooms throughout, the home provides comfort for families of all sizes. The open-concept kitchen showcases a stylish granite island and seamless flow for cooking and entertaining. A rare oversized detached garage accessed from the laneway offers valuable storage and exciting potential for a future laneway home or flexible studio space. Elegant crown moulding and a bright skylight add charm and natural light throughout the main living areas. The fully finished one-bedroom basement apartment includes its own separate entrance, creating excellent rental income potential or additional living flexibility. Perfectly positioned steps from the vibrant Danforth, you'll enjoy easy access to shops, dining, and entertainment. With Greenwood Station just around the corner and quick routes to the DVP, commuting across the city is effortless. Experience the ideal blend of comfort, convenience, and location at 691 Greenwood Ave.

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New Listing
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$1,188,000 - 691 Greenwood Avenue, Danforth

Semi-Detached for Sale in Danforth

New — Listed 3 days ago

Neighbourhood: Danforth

5Beds
5Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
E13518920
Property Type
Semi-Detached
Status
active
Days on Site
3
Bedrooms
5
Bathrooms
5
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
ANJIA REALTY
Description

Welcome Home to 691 Greenwood Ave! This beautifully updated semi-detached residence offers exceptional space and versatility, featuring four well-sized bedrooms-including a convenient main-floor bedroom with a private 3-piece washroom, ideal for an in-law suite or dedicated home office. With five thoughtfully designed washrooms throughout, the home provides comfort for families of all sizes. The open-concept kitchen showcases a stylish granite island and seamless flow for cooking and entertaining. A rare oversized detached garage accessed from the laneway offers valuable storage and exciting potential for a future laneway home or flexible studio space. Elegant crown moulding and a bright skylight add charm and natural light throughout the main living areas. The fully finished one-bedroom basement apartment includes its own separate entrance, creating excellent rental income potential or additional living flexibility. Perfectly positioned steps from the vibrant Danforth, you'll enjoy easy access to shops, dining, and entertainment. With Greenwood Station just around the corner and quick routes to the DVP, commuting across the city is effortless. Experience the ideal blend of comfort, convenience, and location at 691 Greenwood Ave.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,254.92/mo

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5-yr fixed avg.

Principal: $950,400Interest: $626,077
Mortgage Amount$950,400
Total Interest$626,077
Est. Property Tax$842/mo
Total Cost$1,576,477

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: Danforth

Discover Danforth

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 Danforth

  • 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

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.

70
Walk Score
Varies
Price Range

691 Greenwood 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)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$842
Insurance (est.)-$248
Net Cash Flow+$2,510

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

Fair Market Value

At $1080/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Danforth's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 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

I know 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.

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    691 Greenwood Avenue | $1,188,000 | Battaglia Team