$1,049,000
For sale: Detached

Permit-Ready Development Opportunity! Build Approximately 2,200 Sq. Ft. Plus a Legal 2-Bedroom Basement Apartment (Legal Duplex). An Exceptional Opportunity for Homeowners, Investors, Or Builders-Ideal to Live In, Rent Or Re-Build. Located in a Prime East York Neighbourhood, Just A Short Walk to Pape Subway Station and Within the Highly Sought-After Riverdale Collegiate School District. All permit Fees Have Been Paid, Allowing Construction to Begin Without Delay. Approved Permits Are in Place for a 4-Bedroom, 5-Bathroom Home with a Legal Secondary Suite. a Rare Turnkey Investment Opportunity in one of Toronto's Most Desirable Communities.
Sold data
Homes in Danforth took a median of 8 days to sell over the last 365 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 21, across 65 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 13 days.
The median sale price was $1,099,000.
Homes sold for about 0.7% above asking on average.
About 54% of sales closed above the list price.
Around 6% of sellers reduced their price before finding a buyer.
Based on 65 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Danforth) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$1,050,000
Detached1 FOREHT CRESCENT, Aurora Heights, Aurora

$970,000
Semi-Detached/Link2396 GERRARD STREET E, East End-Danforth, Toronto

$849,000
Semi-Detached/Link259 MILVERTON BOULEVARD, Danforth, Toronto

$939,000
Apartment407 - 90 SHERBOURNE STREET, Moss Park, Toronto

$1,089,000
Other280-282 BROWN'S LINE, Alderwood, Toronto

$929,000
Apartment307 - 181 BEDFORD ROAD, Annex, Toronto

$875,000
Apartment818 - 38 WATER WALK DRIVE, Unionville, Markham

$863,000
Apartment313 - 689 THE QUEENSWAY STREET, Stonegate-Queensway, Toronto