259 Torrens Avenue, Toronto, ON
East York, Toronto · MLS® E13455974
About this home
Come meet 259 Torrens Avenue! A fully detached 3-bedroom, 2 1/2 bath home offering the perfect blend of modern luxury & unbeatable east-end convenience. Extensively renovated with a a thoughtfully designed main floor addition which maximizes the space & natural light, a large updated functional kitchen and the ultimate & rarely available convenience of a main floor powder room. The fully dug-down finished basement with incredible 7'+ ceiling height, provides a spacious, versatile recreation or additional living area. This home is designed for modern family living & is completely move-in ready. The backyard offers a low maintenance artificial turf, gas line for bbq, oversized storage shed & parking for up to 3 cars. The large enclosed front porch provides additional flexible space. Torrens Ave is situated in a vibrant, walkable pocket of Old East York that strikes a perfect balance between quiet residential charm & urban convenience. Just steps from the vibrant amenities of Pape Village, Donlands & the Danforth with its incredible array of restaurants (including the classic circa 1955 Donlands Diner!), patios, boutique shopping, local bakeries, cafes, & conveniences. This pocket is known for being family-oriented & falls within the catchments of great local schools, including William Burgess Elementary, Westwood Middle & Chester Elementary. Nearby local parks including Dieppe Park & the East York Community Centre provide excellent recreational options, including splash pads, sports fields & ice rinks. You are steps from the Broadview & Cosburn bus routes, taking you straight to Broadview or Pape subway stations in minutes. The neighbourhood will also benefit from the upcoming Ontario Subway Line. Exceptionally commuter-friendly for drivers, there's fast access to the DVP via the Bayview or Don Mills on-ramps, making trips to Downtown or the 401 seamless.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13455974
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 20.83 × 150 ft
- Cross streets
- Donlands and O'Connor Dr.
- Parking
- 3 parking
- Driveway
- Mutual
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Brick
- Roof
- Asphalt Shingle, Membrane
- Sewer
- Sewer
- Property tax
- $4,954 / 2025
- Days on market
- 30
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
pot lights · hardwood floor
double closet · 3 pc bath
Hardwood Floor
pot lights · hardwood floor
centre island · pantry · 2 pc bath
Hardwood Floor
Hardwood Floor
Listed at $1,180,000, this home is about 29% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.26M, lower 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 $1.47M
- Adjusts to $1.47M
That comparable adjusts to $1.47M; the $1.66M estimate above is the median of all 5 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.
The assigned public school is Westwood Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Donlands Ave at Torrens Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.66M, median of 5 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 23% below the area average of $874/sqft.
29 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
East York, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 Torrens Ave, about 95 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $944,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,038
- Property tax
- $413
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,450
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,075
- Toronto municipal land transfer tax
- $20,075
- Estimated closing costs
- $40,150
Plus your down payment of $236,000. 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
- $302,252
- Principal paid down
- $120,219
- Interest paid
- $182,033
- Balance remaining
- $823,781
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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.