173 Milverton Boulevard, Toronto, ON
Danforth, Toronto · MLS® E13447856
About this home
In short
- For families who want to live close without living on top of each other, this is the one.
- 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...
- 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...
- The rear yard, via mutual drive, offers getaway + future potential for a garden suite, detached garage, or workshop.
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
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- 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
- 106
- Listing brokerage
- WEB MAX REALTY INC.
Rooms
large window · hardwood floor · double closet
combined w/kitchen · concrete floor · open concept
window · closet · hardwood floor
open concept · concrete floor
combined w/dining · overlooks living · concrete floor
hardwood floor · w/o to garden · casement windows
open concept · quartz counter · b/i ctr-top stove
Picture Window
picture window · combined w/dining · hardwood floor
picture window · hardwood floor · open concept
hardwood floor · overlooks garden · large window
3 pc ensuite · sliding doors · window
Listed at $1,490,000. Going by how homes in Danforth and the wider GTA have actually closed against their asking prices (about 99%, 14 local closings in 90 days), the likely sale price is near $1.48M, if it sells. A realistic range is $1.39M to $1.67M.
Independent value check: $1.31M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.23M and $1.37M).
Why $1.31M. The typical semi-detached home sold in Danforth over the past year went for about $1.16M (43 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $6,422 a year; the typical home sold here pays about $5,400.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightly3+1 bedrooms and 3 baths, against 3+1 and 2 typically.
Longer on the market than typical. 106 days on the market against about 31 for homes like it here, and asking 14% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.48M, from 14 recent closings in this pocket.
The market behind the math:
About 1.1 months of inventory: 5 semi-detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,146/sqft against an area asking average of $811/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Danforth: 11 of the 63 detached leases here lately were basement units, around $1,750 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.25M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
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.
Based on 32 homes sold on this street over the past two years, from 104 closings in Danforth.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $1.31M, which is where my estimate comes from.
Per square foot, these ask about $856/sqft; this home lists at $1,146/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Danforth, 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.
Mortgage amount $1,192,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,591
- Property tax
- $535
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,126
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
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
- $395,446
- Principal paid down
- $145,640
- Interest paid
- $249,806
- Balance remaining
- $1,046,360
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
The suite is real income here: basements rent in Danforth (11 of 63 recent detached leases were basement units, around $1,750 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,750 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 6 whole-home leases in Danforth signed at a median of $4,132 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,190. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of WEB MAX REALTY INC.. MLS®/PropTx.