817 Cosburn Avenue, Toronto, ON

Danforth Village-East York, Toronto · MLS® E13492272

$1,429,000
For Sale
Listed 26 days ago
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4Bedrooms
5Bathrooms
1Parking
2000-2500Sq Ft

About this home

A 4-bedroom, 5-bathroom, 3-storey detached on Cosburn Ave with a renovation well into the finishing stretch. Three above-grade floors deliver generous living space at every level, & the quality of what's been done stands out: wrought iron spindle stairs, built-in SS appliances, hardwood floors throughout, & a third-floor primary suite with a showpiece 6pc ensuite that has its own fireplace, Jacuzzi soaker tub, & bidet. One second-floor bathroom is roughed in & awaiting completion - scope is defined, opportunity is clear. {MAIN LEVEL} Glass-panel one-and-a-half door entry into a hardwood foyer. Open-concept living & dining run together with hardwood throughout - wide enough for a full dining setup & a comfortable seating area side by side. Kitchen has built-in SS appliances: gas cooktop & stove, microwave/oven, dishwasher, & warmer drawer, set against tile floors with backsplash. Dedicated main-floor laundry area & 2pc powder room complete the level. {UPPER LEVELS} Wrought iron spindle stairs lead to the 2nd floor: two bdrms (one with walk-in closet & large window, one with hardwood floors), a finished 4pc tiled bathroom, & a roughed-in 4pc bathroom ready to complete. The entire 3rd floor is the primary suite - hardwood floors, walk-in closet, laundry alcove, balcony walkout, & a 6pc ensuite with Jacuzzi soaker tub, fireplace, bidet, tile floors, & separate stand-up shower. {BASEMENT} Rec room with hardwood floors & solid ceiling height, bdrm with large window, 3pc bathroom with stand-up shower, & utility room. Good overall condition easy to upgrade and finish. {LOCATION} Heart of East York - Walk Score 96. East York Collegiate Institute & Cosburn Middle School are both on the same street. Danforth Ave is minutes away for dining & shopping. TTC bus on Cosburn connects directly to the Bloor-Danforth subway line; DVP access is close by for downtown commuters & the 401.

Key facts

Property type
Detached, 3-Storey
MLS®
E13492272
Bedrooms
4 (3 + 1)
Bathrooms
5 (1 half)
Size
2000-2500
Lot
20 × 100 ft
Cross streets
O'Connor Dr & Woodbine Ave
Parking
1 parking
Basement
Full, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,262 / 2025
Days on market
26
Listing brokerage
CITYSCAPE REAL ESTATE LTD.

Rooms

RecreationBasement8.90 × 4.01 m

hardwood floor · partly finished

KitchenGround6.20 × 3.29 m

b/i appliances · backsplash · tile floor

Bedroom 3Upper4.51 × 3.38 m

hardwood floor · partly finished

BedroomBasement4.01 × 3.10 m

large window · partly finished

Utility RoomBasement2.47 × 1.25 m
Living RoomGround6.36 × 3.53 m

combined w/dining · hardwood floor · open concept

FoyerGround3.34 × 1.64 m

Hardwood Floor

Bedroom 2Upper4.56 × 4.38 m

hardwood floor · walk-in closet(s) · large window

Powder RoomGround2.59 × 1.20 m

2 Pc Bath

BathroomUpper2.32 × 1.89 m

4 pc bath · tile floor

LaundryGround1.21 × 1.16 m
BathroomUpper2.51 × 2.35 m

Partly Finished

BathroomBasement2.13 × 1.30 m

3 pc bath · tile floor

Dining RoomGround6.36 × 3.53 m

combined w/living · hardwood floor · open concept

Primary BedroomThird4.96 × 4.56 m
BathroomThird4.54 × 3.34 m

6 pc bath · fireplace · separate shower

LaundryThird2.37 × 0.77 m

hardwood floor · hardwood floor · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.96Mest. value

Listed at $1,429,000, this home is about 27% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In Danforth Village-East York lately, sellers have been getting about 104% of asking and homes sell in about 15 days.

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

Based on 87 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 87 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.49M, 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, sold for $1.24M
  • Bedrooms +$30K
  • Bathrooms +$30K
  • Adjusts to $1.30M

That comparable adjusts to $1.30M; the $1.96M estimate above is the median of all 87 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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

List price
$1.43MGreat deal$2.19MOverpriced

Total price vs nearby homes. Fair value about $1.96M, median of 87 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby in Danforth Village-East York · asking prices
$1.91Mavg asking

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

121 Virginia Avenue$1.50M84 Wiley Avenue$2.00M167 Sammon Avenue$1.89M34 Roosevelt Road$2.09M13 Knight Street$2.09M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.43MThis home1.50M2.00M1.89M2.09M2.09MThis home vs active comparables
Live market pulseActive comparables in Danforth Village-East York · median list $1.17M
$635this home / sqft
21active listings nearby
26days on market
96sold nearby · 90 days
$1.24Mmedian sold price
104%of asking, on average

This home lists 36% below the area average of $990/sqft.

25 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

Danforth Village-East York, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

East York
$925K
Birchcliffe-Cliffside
$1.69M
Highland Creek
$1.60M
Bedford Park-Nortown
$4.46M
L'Amoreaux
$1.54M

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 Parkside Elementary School
75%
Parkside Elementary SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 75% meet the provincial standard
William J McCordic SchoolEQAO results not published
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$6,513/mo
$271KIncome needed
5.3×Price ÷ income
$1,503Weekly 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 $6,513Property tax $605Total carry $7,118

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,101per month

Mortgage amount $1,143,200 · 4.14% over 25 years

$285,800Down payment (20.0%)
$1,143,200Loan before insurance
$0CMHC premium
$6,706Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,101
Property tax
$605
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,706

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

One-time closing costs

Ontario land transfer tax
$25,055
Toronto municipal land transfer tax
$25,055
Estimated closing costs
$50,110

Plus your down payment of $285,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,410/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

$686,962Total interest paid
$1,830,162Total of all payments
Principal $1,143,200 Interest $686,962
YearPrincipalInterestBalance
1$26,781$46,425$1,116,419
2$27,901$45,305$1,088,517
3$29,069$44,138$1,059,449
4$30,284$42,922$1,029,164
5$31,551$41,655$997,613
6$32,871$40,336$964,742
7$34,246$38,961$930,496
8$35,678$37,528$894,818
9$37,171$36,036$857,647
10$38,725$34,481$818,922
11$40,345$32,861$778,577
12$42,033$31,174$736,544
13$43,791$29,415$692,753
14$45,623$27,584$647,130
15$47,531$25,675$599,599
16$49,519$23,687$550,080
17$51,591$21,616$498,489
18$53,749$19,458$444,741
19$55,997$17,210$388,744
20$58,339$14,867$330,405
21$60,779$12,427$269,626
22$63,322$9,885$206,304
23$65,970$7,236$140,334
24$68,730$4,477$71,604
25$71,604$1,602$0

At the end of your 5-year term

Total paid over the term
$366,032
Principal paid down
$145,587
Interest paid
$220,446
Balance remaining
$997,613

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$4,200/mo
$50,400Gross annual rent
2.5%Est. cap rate

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.

3.5%
Gross yield
− Property tax $7,262− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,194

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

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