898 Greenwood Avenue, Toronto, ON
Danforth, Toronto · MLS® E13485356
About this home
In short
- This renovated brick semi on Greenwood Avenue opens up the moment you step inside: an open-concept main floor, pot lights, and a gourmet chef's kitchen built for...
- Three bedrooms upstairs, a fourth and a full luxurious bath downstairs with a finished basement that flexes to whatever you need.
This renovated brick semi on Greenwood Avenue opens up the moment you step inside: an open-concept main floor, pot lights, and a gourmet chef's kitchen built for everyday life. Three bedrooms upstairs, a fourth and a full luxurious bath downstairs with a finished basement that flexes to whatever you need. Parking for two, a detached garage, and a front porch made for slow evenings. Greenwood station and the shops of the Danforth sit just steps away. Quiet street, easy life, the heart of the east end.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13485356
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 18 × 100 ft
- Cross streets
- Greenwood Ave./Danforth Ave.
- Parking
- 1 garage · 2 parking (detached)
- Driveway
- Mutual
- Basement
- Finished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Rolled, Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,540 / 2025
- Days on market
- 97
- Listing brokerage
- RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
Rooms
closet · window
open concept · pot lights
large window · pot lights · open concept
closet · window
closet · window
closet · window
open concept · b/i oven · b/i dishwasher
Listed at $1,079,000. 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 $1.07M, if it sells. A realistic range is $1.00M to $1.21M.
Independent value check: $1.00M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $940K and $1.05M).
Why $1.00M. The typical semi-detached home sold in Danforth over the past year went for about $1.16M (43 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,540 a year; the typical home sold here pays about $5,400.
Longer on the market than typical. 97 days on the market against about 31 for homes like it here, and asking 8% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.07M, from 14 recent closings in this pocket.
The market behind the math:
About 1.5 months of inventory: 7 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 $830/sqft against an area asking average of $912/sqft.
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 $990K. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($830/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 4 homes sold on this street over the past two years, plus 1 nearby in Danforth, from 104 closings in Danforth.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $915/sqft; this home lists at $830/sqft. Size is part of the price story, not just the sticker.
The 3 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 $863,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,773
- Property tax
- $378
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,151
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,055
- Toronto municipal land transfer tax
- $18,055
- Estimated closing costs
- $36,110
Plus your down payment of $215,800. 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
- $286,367
- Principal paid down
- $105,467
- Interest paid
- $180,900
- Balance remaining
- $757,733
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 numbersThe last 17 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 $4,175. 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 RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.. MLS®/PropTx.