970 Cosburn Avenue, Toronto E03

Price: $818,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13505904

Great opportunity for first-time buyers to own a detached bungalow with a fully renovated basement, separate entrance, detached oversized garage , and additional storage, located in a family-oriented pocket of East York.Situated on an irregular lot that widens toward the rear, this property offers exceptional outdoor space. The bright and functional layout features comfortable living areas, a detached garage with laneway access, and a spacious, private backyard. The main floor features two bedrooms, a living room, and a kitchen with a walkout to the deck. The front porch and curb appeal emphasize the home's charm.The fully renovated basement features new stainless steel appliances and ceramic flooring, offering excellent flexibility for a growing family or the potential for an in-law suite.Enjoy an unbeatable location just steps from Stan Wadlow Park, Memorial Park, and the scenic Taylor Creek Trail, offering kilometres of walking and biking paths through beautiful natural surroundings. Outdoor enthusiasts will appreciate the nearby bike trails and recreational amenities, including the East York Curling Club and DA Morrison School Pool & Grounds.Commuters will enjoy quick access to public transit and the DVP, making travel across the city simple and convenient. Close to local shops, schools, Michael Garron Hospital, and everyday neighbourhood amenities.A fantastic opportunity to own a home in a well-established, family-oriented community where nature, trails, parks, and transit are all within easy reach.

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active
New Listing
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$818,000 - 970 Cosburn Avenue, Danforth

Detached for Sale in Danforth

New — Listed 7 days ago

Neighbourhood: Woodbine-Lumsden

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13505904
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Great opportunity for first-time buyers to own a detached bungalow with a fully renovated basement, separate entrance, detached oversized garage , and additional storage, located in a family-oriented pocket of East York.Situated on an irregular lot that widens toward the rear, this property offers exceptional outdoor space. The bright and functional layout features comfortable living areas, a detached garage with laneway access, and a spacious, private backyard. The main floor features two bedrooms, a living room, and a kitchen with a walkout to the deck. The front porch and curb appeal emphasize the home's charm.The fully renovated basement features new stainless steel appliances and ceramic flooring, offering excellent flexibility for a growing family or the potential for an in-law suite.Enjoy an unbeatable location just steps from Stan Wadlow Park, Memorial Park, and the scenic Taylor Creek Trail, offering kilometres of walking and biking paths through beautiful natural surroundings. Outdoor enthusiasts will appreciate the nearby bike trails and recreational amenities, including the East York Curling Club and DA Morrison School Pool & Grounds.Commuters will enjoy quick access to public transit and the DVP, making travel across the city simple and convenient. Close to local shops, schools, Michael Garron Hospital, and everyday neighbourhood amenities.A fantastic opportunity to own a home in a well-established, family-oriented community where nature, trails, parks, and transit are all within easy reach.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,196.76/mo

Includes CMHC insurance ($22,822)

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5%10%50%

5-yr fixed avg.

Principal: $736,200Interest: $500,007
Mortgage Amount$759,022
Total Interest$500,007
Est. Property Tax$579/mo
Total Cost$1,259,029

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: Woodbine-Lumsden

Discover Woodbine-Lumsden

Woodbine-Lumsden 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 Woodbine-Lumsden

  • 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

Woodbine-Lumsden 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

970 Cosburn 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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$579
Insurance (est.)-$170
Net Cash Flow+$2,051

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

Premium Pricing

At $1169/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.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 Woodbine-Lumsden

I know Woodbine-Lumsden 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.

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    970 Cosburn Avenue, Danforth / East York | $818,000 | Battaglia Team