121 Virginia Avenue, Toronto, ON
Danforth Village-East York, Toronto · MLS® E13426602
About this home
Welcome to 121 Virginia avenue - a top to bottom fully-renovated 2-storey detached 3-bedroom 3-full bathroom executive home with 2 car parking plus a garage for extra storage! An open-concept layout with hardwood floors and 9-foot ceilings that includes plenty of natural light and all new countertops and appliances in the Danforth Village area. This Property offers stunning curb appeal and outdoor space for entertaining. In a great neighborhood that is close to everything - great schools, shopping, parks/trails and TTC. A separate side entrance offers the added convenience for an excellent self-contained in-law suite. Nestled in a quiet pocket near one of Toronto's largest ravine systems, this home offers a serene nature-filled setting with endless trails for biking, hiking, and walking. Just a short bike ride to the Beach and boardwalk, with fantastic local shops, amenities, and a strong sense of community. With transit just steps away for a quick ride on the subway, plus easy access to the DVP, commuting is a breeze. Located in a family-friendly neighbourhood experiencing exciting growth and development - this is a lifestyle you'll be proud to call home.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13426602
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 30 × 100 ft
- Cross streets
- Woodbine & Cosburn
- Parking
- 1 garage · 2 parking (detached)
- Driveway
- Mutual
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,820 / 2025
- Days on market
- 43
- Listing brokerage
- PLEX REALTY CORPORATION
Rooms
hardwood floor · closet
combined w/living · hardwood floor
combined w/dining · hardwood floor
walk-in closet(s) · hardwood floor
hardwood floor · closet
renovated · 3 pc bath
renovated · hardwood floor
w/o to deck · granite counters · pantry
Listed at $1,495,000, and my independent estimate is within the range of comparable homes, on the higher side.
In Danforth Village-East York lately, sellers get about 103% of asking; homes sell in ~17 days.
Total price vs nearby homes. Fair value about $1.37M, median of 48 comparables.
- Ravine / green setting. This home is described as backing onto a ravine or green setting, a premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version
I take the 48 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.21M, a bit lower.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- 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
Schools & getting aroundcatchment and transit
Its public catchment (Parkside Elementary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 48 comparable homes that recently sold nearby.
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 homesThis home lists 3% below the area average of $877/sqft.
42 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 $1,196,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,382
- Property tax
- $485
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,867
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,375
- Toronto municipal land transfer tax
- $26,375
- Estimated closing costs
- $52,750
Plus your down payment of $299,000. 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
- $382,938
- Principal paid down
- $152,311
- Interest paid
- $230,627
- Balance remaining
- $1,043,689
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 PLEX REALTY CORPORATION. MLS®/PropTx.