173 Milverton Boulevard, Toronto, ON

Danforth, Toronto · MLS® E13447856

$1,490,000
For Sale
Listed 32 days ago
4Bedrooms
3Bathrooms
2Parking
1100-1500Sq Ft

About this home

For families who want to live close without living on top of each other, this is the one! A fully independent legal basement suite with separate entrance, dedicated hydro meter, and independent heating and cooling allows two generations to share an address while enjoying complete privacy. Upstairs is a beautifully updated 3bedroom family home. Downstairs is a condo-quality suite with 8-foot underpinned ceilings, concrete floors, contemporary kitchen, bedroom with wall-to-wall closets, 3-piece ensuite, and in-suite laundry. Pride of ownership shines throughout this bright, move-in-ready home. The main floor features an open-concept living and dining area with custom lighting that flows into an updated gourmet kitchen with granite counters, ceramic backsplash, Edison bulbs, and a custom wood lattice breakfast bar over a backlit wine rack. A mainfloor powder room and laundry connect to a flexible den/mudroom with walk-out to the rear garden. Up the whitewashed solid oak staircase with storage nook are three generous bedrooms and a modern 4-piece bathroom with heated floors and rainfall shower. The lower level is fully independent, professionally underpinned with 8-foot ceilings, waterproofed, and featuring open-concept living, contemporary kitchen, in-suite laundry, and abundant storage. Currently vacant and ready to rent immediately for top market rates (potential $2,100+/month + util). Ask me for insp rep + plans. The rear yard, via mutual drive, offers getaway + future potential for a garden suite, detached garage, or workshop. Steps from École La Mosaïque and a 5-minute walk to the vibrant Danforth. Close to parks, schools, and a 7-minute walk to the subway with easy access to the Beach and downtown. A rare opportunity to own a family home with built-in income potential and true multi-generational flexibility in one of Toronto's most desirable neighbourhoods.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E13447856
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1100-1500
Lot
18 × 115 ft
Cross streets
Greenwood/Danforth
Parking
2 parking
Driveway
Mutual, Available
Basement
Apartment, Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Concrete, Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,422 / 2026
Days on market
32
Listing brokerage
WEB MAX REALTY INC.

Rooms

BathroomBasement1.52 × 2.18 m
Primary BedroomSecond4.31 × 3.31 m

large window · hardwood floor · double closet

Dining RoomBasement2.33 × 3.56 m

combined w/kitchen · concrete floor · open concept

Bedroom 2Second4.05 × 3.24 m

window · closet · hardwood floor

Living RoomBasement2.20 × 2.00 m

open concept · concrete floor

KitchenBasement2.33 × 3.56 m

combined w/dining · overlooks living · concrete floor

Utility RoomBasement2.20 × 1.37 m
BreakfastMain2.43 × 2.34 m

hardwood floor · w/o to garden · casement windows

KitchenMain3.93 × 3.55 m

open concept · quartz counter · b/i ctr-top stove

SunroomMain6.00 × 3.88 m

Picture Window

Living RoomMain4.71 × 3.88 m

picture window · combined w/dining · hardwood floor

Dining RoomMain3.37 × 3.03 m

picture window · hardwood floor · open concept

Bedroom 3Second3.53 × 2.48 m

hardwood floor · overlooks garden · large window

BedroomBasement3.56 × 2.80 m

3 pc ensuite · sliding doors · window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.11Mest. value

Listed at $1,490,000, this home is about 34% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.36M, higher than the comparables and worth a second look.

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, listed at $1.10M
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $1.11M

That comparable adjusts to $1.11M; the $1.11M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Wilkinson Junior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a very walkable address with everyday errands close by. Donlands Ave at Milverton Blvd is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.08MGreat deal$1.49MOverpriced

Total price vs nearby homes. Fair value about $1.11M, median of 8 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Danforth · asking prices
$1.08Mavg asking

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

918 Greenwood Avenue$1.08M90 Milverton Boulevard$1000k898 Greenwood Avenue$1.15M510 Glebeholme Boulevard$1.10M

The 4 closest active listings nearby.

See all comparable homes
1.49MThis home1.08M1000k1.15M1.10MThis home vs active comparables
Live market pulseActive comparables in Danforth · median list $1.10M
$1,146this home / sqft
9active listings nearby
32days on market

28 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

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

85/ 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: Donlands Ave at Milverton Blvd, about 320 m away

20+ transit stops11 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.

Greenwood-Coxwell
$792K
Woodbine Corridor
$989K
South Riverdale
$1.30M
The Beaches
$1.15M
Mount Pleasant East
$1.28M

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 Wilkinson Junior Public School
86%
Wilkinson Junior Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 86% meet the provincial standard
Kapapamahchakwew (Elem) - Wandering Spirit SchoolEQAO results not published
Danforth Collegiate and Technical InstituteEQAO results not published

Affordability & Mortgage

Affordability
$6,791/mo
$278KIncome needed
5.4×Price ÷ income
$1,567Weekly 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.

93%mortgage
Mortgage $6,791Property tax $535Total carry $7,326

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)
$6,361per month

Mortgage amount $1,192,000 · 4.14% over 25 years

$298,000Down payment (20.0%)
$1,192,000Loan before insurance
$0CMHC premium
$6,896Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,361
Property tax
$535
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,896

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

One-time closing costs

Ontario land transfer tax
$26,275
Toronto municipal land transfer tax
$26,275
Estimated closing costs
$52,550

Plus your down payment of $298,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,726/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

$716,286Total interest paid
$1,908,286Total of all payments
Principal $1,192,000 Interest $716,286
YearPrincipalInterestBalance
1$27,924$48,407$1,164,076
2$29,092$47,239$1,134,983
3$30,309$46,022$1,104,674
4$31,577$44,754$1,073,097
5$32,898$43,433$1,040,199
6$34,274$42,057$1,005,924
7$35,708$40,624$970,217
8$37,201$39,130$933,015
9$38,757$37,574$894,258
10$40,379$35,953$853,880
11$42,068$34,264$811,812
12$43,827$32,504$767,985
13$45,660$30,671$722,325
14$47,570$28,761$674,754
15$49,560$26,771$625,194
16$51,633$24,698$573,561
17$53,793$22,539$519,768
18$56,043$20,289$463,725
19$58,387$17,944$405,338
20$60,829$15,502$344,509
21$63,374$12,958$281,135
22$66,025$10,307$215,111
23$68,786$7,545$146,325
24$71,663$4,668$74,661
25$74,661$1,670$0

At the end of your 5-year term

Total paid over the term
$381,657
Principal paid down
$151,801
Interest paid
$229,856
Balance remaining
$1,040,199

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.

Investor snapshot

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
1.1%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.9%
Gross yield
− Property tax $6,422− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $16,742

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

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