$1,150,000 - 703 Mortimer Avenue, Danforth
Detached for Sale in Danforth
New — Listed yesterdayNeighbourhood: Danforth Village-East York
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- MLS Number
- E13866332
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Taxes (2026)
- $4,472
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to 703 Mortimer Ave, a detached home offering 3 bedrooms, 2 bathrooms, a legal front parking pad, and a private backyard retreat, blending character, warmth, and elegant updates into a truly move-in-ready residence.The main floor welcomes you with a front office featuring a large window and closet, making it an ideal space to work from home. It then unfolds into a stunning open-concept living and dining area, beautifully enhanced by pot lights, a fireplace, and elegant French doors that open onto the patio, creating a harmonious connection between indoor comfort and outdoor serenity. The modern kitchen features a large centre island, stainless steel appliances, and ample workspace.On the second level, three inviting bedrooms provide peaceful spaces to unwind, including a spacious primary bedroom with hardwood flooring and a closet, a generous second bedroom with a large window and closet, and a versatile third bedroom that's optimal as an office or guest room. Hardwood flooring throughout the second level and a beautifully finished 4-piece bathroom complete this refined and comfortable setting.The finished basement expands the home's living space with a multi-purpose recreation room featuring pot lights, a 4-piece bathroom, a laundry and utility area, and ample storage. Step outside into your own private garden escape, where mature trees, a charming patio, a BBQ area, and a garden shed create a setting worthy of long summer evenings and memorable gatherings.Located just steps from TTC, excellent schools, parks, local cafés and restaurants, and only minutes to the Danforth and the Beaches, this delightful home offers the perfect balance of convenience and charm. A place where every chapter begins with "Once upon a time"-and your next one starts here.
Estimate your monthly payments for this property
Estimated Payment
$5,086.84/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 Village-East York
Danforth Village-East York 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 Village-East York
- •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 Village-East York 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.
703 Mortimer 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
Fair Market Value
At $1045/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.
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 Danforth Village-East York
I know Danforth Village-East York 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 $4,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.