2-2844 Danforth Avenue, Toronto, ON

East End-Danforth, Toronto · MLS® E12997080

$800/mo
For Lease
Listed 94 days ago
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1Bedrooms
2Bathrooms
1Parking
700-1100Sq Ft

About this home

Offering a one-bedroom apartment within a spacious three-bedroom unit, shared with two female respectful tenants looking for another single professional. This arrangement fosters a comfortable, harmonious living environment where everyone enjoys their personal space while still coming together in the common areas. The apartment features a thoughtful layout, with the additional bedrooms located on the upper floor. The tenants share access to two washrooms - a convenient 2 piece powder room and a 4 piece bath, ensuring that everyone has the necessary facilities without feeling overcrowded. While the bedroom being offered is unfurnished, the shared living spaces are fully furnished, creating a warm and inviting atmosphere. A full kitchen with an ensuite laundry is included. Location is a significant highlight of this apartment. Situated near Main and Danforth, you will benefit from excellent transportation options, with two TTC subway stations and Main GO Station just a short walk away. This allows for seamless commuting to downtown and beyond. The surrounding area boasts a wealth of amenities, including a variety of grocery stores, charming local shops, diverse restaurants, and LA Fitness directly across the street for those who prioritize health and wellness. This is a fantastic opportunity to join a friendly and welcoming household in a prime location that combines convenience with community. Private parking is available at an additional monthly cost. Don't miss out on the chance to make this lovely apartment your new home! The Tenant pays 1/3 of the utilities.

Key facts

Property type
Other, Apartment
MLS®
E12997080
Bedrooms
1
Bathrooms
2 (1 half)
Size
700-1100
Cross streets
Danforth Ave & Main St
Parking
1 parking
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
94
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

BedroomThird2.74 × 2.90 m

closet · window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

On location, this is a very walkable address with everyday errands close by. Danforth Ave at Dawes Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Worth verifying
Comparable listingsCurrently listed nearby in East End-Danforth · asking prices
$2,525avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

518-286 Main Street$2,3001105-2575 Danforth Avenue$2,3503-2904A Danforth Avenue$2,5001601-286 Main Street$2,950

The 4 closest active listings nearby.

See all comparable homes
800This home2,3002,3502,5002,950This home vs active comparables
Live market pulseActive comparables in East End-Danforth · median list $2K
10active listings nearby
94days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

East End-Danforth, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

88/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Danforth Ave at Dawes Rd, about 101 m away

20+ transit stops12 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$2K
Waterfront Communities C8
$3K
Bay Street Corridor
$3K
Annex
$2K
Waterfront Communities C1
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near St. Brigid
76%
St. BrigidCatholic · Elementary · 1.7 km awayAbove the GTA average · 76% meet the provincial standard
William J McCordic SchoolEQAO results not published
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4/mo
$4KIncome needed
0.2×Price ÷ income
$1Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $4Property tax $1Total carry $4

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3per month

Mortgage amount $640 · 4.14% over 25 years

$160Down payment (20.0%)
$640Loan before insurance
$0CMHC premium
$4Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$4
Toronto municipal land transfer tax
$4
Estimated closing costs
$8

Plus your down payment of $160. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$385Total interest paid
$1,025Total of all payments
Principal $640 Interest $385
YearPrincipalInterestBalance
1$15$26$625
2$16$25$609
3$16$25$593
4$17$24$576
5$18$23$558
6$18$23$540
7$19$22$521
8$20$21$501
9$21$20$480
10$22$19$458
11$23$18$436
12$24$17$412
13$25$16$388
14$26$15$362
15$27$14$336
16$28$13$308
17$29$12$279
18$30$11$249
19$31$10$218
20$33$8$185
21$34$7$151
22$35$6$115
23$37$4$79
24$38$3$40
25$40$1$0

At the end of your 5-year term

Total paid over the term
$205
Principal paid down
$82
Interest paid
$123
Balance remaining
$558

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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