7 Arundel Avenue, Toronto E03

Price: $1,280,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13467736

Charming detached 2-storey home in the highly sought-after Playter Estates-Danforth community! Situated on a deep 17.75 x 140 ft lot, this character-filled residence features 3 bedrooms, 2 bathrooms, hardwood floors, wood trim, a cozy fireplace, and a finished basement with separate entrance. Detached 2-car garage plus additional parking for 2 vehicles. Exceptional location just steps to parks, schools, transit, and the vibrant Danforth. A fantastic opportunity to renovate, personalize, or invest in one of Toronto's most desirable neighbourhoods. Close to subway, shops, restaurants, and all urban conveniences. Don't miss this rare opportunity! Buyer and Buyer's Agent to verify all measurements, taxes, lot dimensions, and property details. Property is being sold in "as is, where is" condition, with no representations, warranties, or guarantees by the Seller. Lockbox is located at the rear of the property. Please enter through the back entrance. Access the backyard by walking along the right-hand side of the property.

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$1,280,000 - 7 Arundel Avenue, Danforth

Detached for Sale in Danforth

Neighbourhood: Playter Estates-Danforth

3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13467736
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
RE/MAX EXCELLENCE REAL ESTATE
Description

Charming detached 2-storey home in the highly sought-after Playter Estates-Danforth community! Situated on a deep 17.75 x 140 ft lot, this character-filled residence features 3 bedrooms, 2 bathrooms, hardwood floors, wood trim, a cozy fireplace, and a finished basement with separate entrance. Detached 2-car garage plus additional parking for 2 vehicles. Exceptional location just steps to parks, schools, transit, and the vibrant Danforth. A fantastic opportunity to renovate, personalize, or invest in one of Toronto's most desirable neighbourhoods. Close to subway, shops, restaurants, and all urban conveniences. Don't miss this rare opportunity! Buyer and Buyer's Agent to verify all measurements, taxes, lot dimensions, and property details. Property is being sold in "as is, where is" condition, with no representations, warranties, or guarantees by the Seller. Lockbox is located at the rear of the property. Please enter through the back entrance. Access the backyard by walking along the right-hand side of the property.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,661.87/mo

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5-yr fixed avg.

Principal: $1,024,000Interest: $674,562
Mortgage Amount$1,024,000
Total Interest$674,562
Est. Property Tax$907/mo
Total Cost$1,698,562

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: Playter Estates-Danforth

Discover Playter Estates-Danforth

Playter Estates-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 Playter Estates-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

Playter Estates-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

7 Arundel Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$907
Insurance (est.)-$267
Net Cash Flow+$1,626

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 $853/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.

Market Position

At 18 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.

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 Playter Estates-Danforth

I know Playter Estates-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: Danforth properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    7 Arundel Avenue, Danforth / East York | $1,280,000 | Battaglia Team