7 Arundel Avenue, Toronto, ON

Playter Estates-Danforth, Toronto · MLS® E13467736

$1,280,000
For Sale
Listed 28 days ago
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3Bedrooms
2Bathrooms
2Garage
1500-2000Sq Ft

About this home

Charming detached 2-storey home in the highly sought-after Playter Estates-Danforth community! Situated on a deep 17.75 x 140 ft lot, this character-filled residence features 3 bedrooms, 2 bathrooms, hardwood floors, wood trim, a cozy fireplace, and a finished basement with separate entrance. Detached 2-car garage plus additional parking for 2 vehicles. Exceptional location just steps to parks, schools, transit, and the vibrant Danforth. A fantastic opportunity to renovate, personalize, or invest in one of Toronto's most desirable neighbourhoods. Close to subway, shops, restaurants, and all urban conveniences. Don't miss this rare opportunity! Buyer and Buyer's Agent to verify all measurements, taxes, lot dimensions, and property details. Property is being sold in "as is, where is" condition, with no representations, warranties, or guarantees by the Seller. Lockbox is located at the rear of the property. Please enter through the back entrance. Access the backyard by walking along the right-hand side of the property.

Key facts

Property type
Detached, 2-Storey
MLS®
E13467736
Bedrooms
3
Bathrooms
2 (1 half)
Size
1500-2000
Lot
17.75 × 140 ft
Cross streets
Danforth And Logan
Parking
2 garage (detached)
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,149 / 2025
Days on market
28
Listing brokerage
RE/MAX EXCELLENCE REAL ESTATE

Rooms

LaundryLower1.92 × 2.79 m

tile floor · window

Primary BedroomSecond6.67 × 2.79 m

hardwood floor · closet

Bedroom 2Second3.33 × 2.79 m

hardwood floor · closet

Living RoomMain4.02 × 3.05 m

hardwood floor · closed fireplace · wood trim

OtherLower3.03 × 2.79 m
Family RoomLower6.35 × 2.91 m

broadloom · pot lights · 2 pc bath

Bedroom 3Second3.03 × 2.79 m

hardwood floor · closet

Dining RoomMain3.63 × 2.66 m

hardwood floor · window · wood trim

KitchenMain2.83 × 3.80 m

tile floor · combined w/sitting · window

Moe’s TakeTeam Asgarian · Broker
In line
$1.16Mest. value

Listed at $1,280,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Playter Estates-Danforth, so I widened the search to the surrounding area.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.55M, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1000K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $955K

That comparable adjusts to $955K; the $1.16M estimate above is the median of all 11 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.

Its public catchment (Jackman Avenue Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Danforth Ave at Chester Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.09MGreat deal$1.90MOverpriced

Total price vs nearby homes. Fair value about $1.16M, median of 11 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.
  • 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$921kavg asking

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

39 Madron Crescent$965k103 Ambercroft Boulevard$1000k554 Mclevin Avenue$798k

The 3 closest active listings nearby.

See all comparable homes
1.28MThis home965k1000k798kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $999K
$731this home / sqft
45active listings nearby
28days on market

This home lists 21% below the area average of $921/sqft.

27 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Playter Estates-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

86/ 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: Danforth Ave at Chester Ave, about 121 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.

High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Wexford-Maryvale
$865K
Cliffcrest
$1.51M

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 Jackman Avenue Junior Public School
79%
Jackman Avenue Junior Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 79% meet the provincial standard
Kapapamahchakwew (Elem) - Wandering Spirit SchoolEQAO results not published
Danforth Collegiate and Technical InstituteEQAO results not published

Affordability & Mortgage

Affordability
$5,834/mo
$245KIncome needed
5.2×Price ÷ income
$1,346Weekly 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.

91%mortgage
Mortgage $5,834Property tax $596Total carry $6,430

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,464per month

Mortgage amount $1,024,000 · 4.14% over 25 years

$256,000Down payment (20.0%)
$1,024,000Loan before insurance
$0CMHC premium
$6,060Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,464
Property tax
$596
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,060

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

One-time closing costs

Ontario land transfer tax
$22,075
Toronto municipal land transfer tax
$22,075
Estimated closing costs
$44,150

Plus your down payment of $256,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,637/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

$615,333Total interest paid
$1,639,333Total of all payments
Principal $1,024,000 Interest $615,333
YearPrincipalInterestBalance
1$23,989$41,585$1,000,011
2$24,992$40,581$975,019
3$26,038$39,536$948,981
4$27,127$38,447$921,855
5$28,261$37,312$893,593
6$29,443$36,130$864,150
7$30,675$34,898$833,475
8$31,958$33,615$801,517
9$33,295$32,278$768,222
10$34,688$30,886$733,534
11$36,139$29,435$697,396
12$37,650$27,923$659,745
13$39,225$26,348$620,520
14$40,866$24,708$579,655
15$42,575$22,998$537,080
16$44,356$21,217$492,724
17$46,211$19,362$446,512
18$48,144$17,429$398,368
19$50,158$15,415$348,210
20$52,256$13,317$295,954
21$54,442$11,131$241,512
22$56,719$8,854$184,793
23$59,092$6,482$125,702
24$61,563$4,010$64,138
25$64,138$1,435$0

At the end of your 5-year term

Total paid over the term
$327,867
Principal paid down
$130,407
Interest paid
$197,460
Balance remaining
$893,593

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$3,150/mo
$37,800Gross annual rent
2.0%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.

3.0%
Gross yield
− Property tax $7,149− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,093

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCELLENCE REAL ESTATE. MLS®/PropTx.

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