$1,498,000 - 86 Binswood Avenue, Danforth
Detached for Sale in Danforth
52 days on market- MLS Number
- E13129664
- Property Type
- Detached
- Status
- active
- Days on Site
- 52
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Beyond what pictures can show - this home is an experience best appreciated in person. Starting with a spectacular backyard retreat featuring an outdoor swimming pool, this rare offering is an exceptional residence rebuilt with high-end design, designer finishes, and quality materials, situated on a beautifully landscaped 32 x 104 ft lot. Featuring 3+1 bedrooms, 3.5 baths, a finished basement, detached garage, two private driveways, and a sunroom. The main floor features hardwood floors, pot lights, a sound system, crown molding, and a convenient powder room with heated floors. The dining area offers custom-built cabinetry where minimalism and balance are evident, alongside a display corner highlighted for your precious artifacts-creating a curated, gallery-like aesthetic. The kitchen boasts designer appliances, a custom wood panel wall, ceramic backsplash, Staron countertops, a breakfast bar and a walk out to sunroom/patio. The second floor features a spacious, sun-filled primary bedroom with a walk-in closet and a luxurious 4-piece ensuite with a jacuzzi and Staron custom vanity; a second bedroom with a custom closet and a private 3-piece ensuite-including heated floors, a Waterford crystal sink, Riobel shower, floral-designed wall, Staron vanity, and pot lights and a third bedroom with backyard views and a custom-built closet. The fully finished basement reveals a spacious recreation room-or an additional bedroom for teenagers-accompanied by a 3-pc bath featuring a Staron custom-designed vanity, ceramic sink, and pot lights. A sunroom offers year-round enjoyment naturally connecting indoor and outdoor spaces. The interlocking patio and garden beds are framed by trees and bursts of colorful plants, where light, texture, and nature intertwine to create an atmosphere that is both grounded and otherworldly. Located within the prestigious Diefenbaker Elementary School district, with convenient access to the DVP, public transit, and Taylor Creek Park.
Estimate your monthly payments for this property
Estimated Payment
$6,626.16/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 / East York
Danforth / 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 / 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 / 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.
86 Binswood Avenue, Danforth / East York
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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
Fair Market Value
At $999/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.
Negotiation Opportunity
At 52 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.
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 4 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.
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 $6,242 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.