$1,199,000 - 701 Greenwood Avenue, Danforth
Semi-Detached for Sale in Danforth
New — Listed yesterdayNeighbourhood: Danforth
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- E14103814
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Danforth / East York
- Taxes (2026)
- $5,716
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to 701 Greenwood Avenue. This surprisingly expansive three-bedroom home in the heart of Danforth Village effortlessly combines the character of the East End with the kind of floor plan that doesn't require you to minimize your lifestyle. Perfectly anchored steps from the Danforth and everything happening along this stretch, a four-minute walk to Greenwood Subway Station, and a short stroll to Monarch Park, it is a sophisticated, convenient package that proves you can, in fact, have it all in Toronto without compromise. This splendid offering adds bonuses to the already ticked boxes. Classy, contemporary updates throughout with a finished third floor attic and the potential for an expansive rooftop deck. From the unexpected entryway mudroom that allows breathing room before entering the main living space, to the rare, tucked-away and discreet powder room to the detached garage and parking, this home has many hidden treasures to discover! Large bedrooms, 2nd floor laundry, an abundance of storage and independent air conditioning in each bedroom that can accommodate everyone's temperature preferences. Added to all of this is the ability to revert the lower level back to an apartment or nanny suite. The current owners finished it to their liking while keeping everything intact. We are confident this property will impress and invite you to see for yourself so let us know if you agree!
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/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.
701 Greenwood Avenue, Danforth / East York
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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.
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.
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.
Bathroom Count Matters
With 3 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.