227 Donlands Avenue, Toronto, ON
Danforth Village-East York, Toronto · MLS® E13129704
About this home
Fully Renovated Detached Home in Prime Location in East York! Thoughtfully redesigned from top to bottom, this turnkey property offers the perfect blend of modern luxury, energy efficiency, and smart-home living-just steps to Donlands Subway Station with quick access to the DVP and vibrant Danforth Avenue. Featuring all-new electrical and plumbing systems, including a brand-new panel, EV charger connection in the front yard, integrated fire alarm system, smart water meter, and an on-demand high-efficiency hot water system with a state-of-the-art manifold for radiator heating. Enjoy year-round comfort with full spray foam insulation, upgraded attic insulation, and a smart app-controlled HVAC system with heat pumps, HRV, high-efficiency radiators, and remote access. Exterior upgrades include new roof shingles, siding, and double-glazed energy-efficient windows. A striking front entry with a triple-lock insulated security door sets the tone for the stylish interior, featuring wide-plank engineered hardwood floors, modern glass railings, and ambient baseboard lighting on the main level. The designer kitchen boasts custom cabinetry with under-cabinet lighting, large-format travertine-style tiles, stone countertops and backsplash, a workstation sink, slim hood fan, and premium LG appliances including a counter-depth French door fridge, dishwasher, and slide-in range. Elegant bathrooms feature seamless micro-cement finishes, custom vanities, and wall-mounted black fixtures. The finished lower level offers a spacious bedroom with an upgraded egress window and additional space for future built-in storage. A rare opportunity to own a fully upgraded, move-in-ready home in one of Toronto's most connected and desirable neighborhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13129704
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2 (1 half)
- Size
- 700-1100
- Lot
- 19.8 × 90 ft
- Cross streets
- Donlands & Mortimer
- Parking
- 0 parking
- Driveway
- None
- Basement
- Finished
- Heating
- Heat Pump
- A/C
- Wall Unit(s)
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,185 / 2025
- Days on market
- 69
- Listing brokerage
- RE/MAX EXCEL REALTY LTD.
Rooms
Tile Floor
Vinyl Floor
Hardwood Floor
Tile Floor
Hardwood Floor
Vinyl Floor
Hardwood Floor
Hardwood Floor
Listed at $1,298,000, this home is about 29% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Danforth Village-East York lately, sellers have been getting about 105% of asking and homes sell in about 17 days.
Based on 41 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 41 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $863K, a bit lower.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $1.02M
- Adjusts to $1.02M
That comparable adjusts to $1.02M; the $1.01M estimate above is the median of all 41 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is R H McGregor Elementary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $1.01M, median of 41 comparables.
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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes68 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Danforth Village-East York, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,038,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,541
- Property tax
- $349
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,890
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,435
- Toronto municipal land transfer tax
- $22,435
- Estimated closing costs
- $44,870
Plus your down payment of $259,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $332,477
- Principal paid down
- $132,240
- Interest paid
- $200,237
- Balance remaining
- $906,160
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.
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.