$1,398,000 - 691 Greenwood Avenue, Danforth
Semi-Detached for Sale in Danforth
84 days on marketNeighbourhood: Danforth
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- MLS Number
- E13564752
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 84
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Taxes (2026)
- $5,118
- Listing Brokerage
- ANJIA REALTY
***Updated Semi with Main-Floor Suite, Basement Apartment & Laneway Garage - Steps to Greenwood Station*** Welcome to 691 Greenwood Ave - a thoughtfully updated, multi-family ready semi-detached home offering exceptional flexibility, modern convenience, and meaningful long-term value. This spacious residence features four well-sized bedrooms, including a main-floor bedroom with a private 3-piece washroom, ideal for extended family, guests, or a dedicated home office. A standout feature of this home is its five total washrooms, providing rare convenience in this housing segment. With multiple full and half washrooms across all levels, the property supports comfortable living for larger households, multi-generational families, or shared accommodation - a practical advantage that enhances everyday functionality. The open-concept kitchen with granite island flows seamlessly into the living and dining areas, creating an inviting space for cooking and gathering. Crown moulding and a bright skylight add character and natural light throughout. A rare oversized detached garage accessed from the laneway offers valuable storage and workspace options. Conceptual laneway-home potential exists, subject to all City of Toronto zoning and permit approvals. The fully finished one-bedroom basement apartment provides excellent rental potential, featuring a separate entrance, full kitchen, dedicated laundry, and private washroom. Its independent layout enhances privacy and makes the home well-suited for multi-family living or extended family arrangements. Located steps from the Danforth, the home is close to shops, restaurants, and everyday amenities. Greenwood Station is just around the corner, and nearby routes to the DVP make commuting across the city straight forward. A premium semi-detached opportunity with modern updates, five washrooms, multi-family versatility, and a self-contained basement suite - all in a vibrant, highly convenient community.
Estimate your monthly payments for this property
Estimated Payment
$6,183.83/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
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
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.
691 Greenwood 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
Premium Pricing
At $1271/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.
Negotiation Opportunity
At 84 days on site, this property has exceeded the typical selling timeline for Danforth. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.