89 Frater Avenue, Toronto, ON

Danforth Village-East York, Toronto · MLS® E13503970

$998,000
For Sale
Listed 17 days ago
2Bedrooms
2Bathrooms
1Parking
700-1100Sq Ft

About this home

Offers anytime! Skip the bidding wars, expense of maintenance fees, headache of renovating and scary basements. Here is a not-to-be-missed opportunity to purchase a stylish, open-concept, turnkey residence with legal parking along the subway line! This delightful 2-bedroom, 2 full bathroom semi-detached brick home offers the enviable convenience of front pad parking (EV?) and is located west of Woodbine/south of Mortimer within the desirable RH McGregor school catchment. Thoughtfully updated throughout with thousands spent on renovations, the bright kitchen features refaced cabinetry, elegant marble countertops and backsplash, and new stainless steel appliances, while the stylishly renovated bathrooms add a contemporary touch. Both generously proportioned bedrooms offer double closets, allowing ample storage rarely found in homes of this size. Solid hardwood floors provide the perfect opportunity to enjoy as-is or sand and stain to add your own personal touch. A finished lower level with newer carpets greatly increases the useable square footage and storage space. Large glass sliding doors flood the kitchen with natural light and create a seamless transition to a sun-drenched deck - perfect for BBQing. Step down to enjoy a private, south-facing backyard retreat complete with a grassy lawn and level flower beds - ideal for gardeners, outdoor entertaining, or playing with family. Major upgrades provide peace of mind, including a new roof, new central a/c, spray foam insulation, and backwater valve. Legal front pad parking means no battling for a spot on the street, or navigating a tight mutual drive only to park in your backyard. Situated just moments from the subway, parks, schools, Danforth shopping, Michael Garron Hospital, and all the amenities that make East York such a beloved community, this quality move-in-ready home is an exceptional opportunity for first-time buyers and anyone seeking the perfect balance of style, comfort, and convenience.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E13503970
Bedrooms
2
Bathrooms
2
Size
700-1100
Lot
16.64 × 103 ft
Cross streets
Woodbine & Danforth
Parking
1 parking
Driveway
Front Yard Parking
Basement
Finished
Heating
Forced Air
A/C
Central Air, Wall Unit(s)
Exterior
Brick, Vinyl Siding
Foundation
Brick
Roof
Asphalt Shingle, Membrane
Sewer
Sewer
Property tax
$4,472 / 2026
Days on market
17
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

RecreationBasement3.93 × 5.62 m

broadloom · window

Living RoomMain4.08 × 3.87 m

hardwood floor · large window · overlooks frontyard

Primary BedroomSecond3.40 × 3.91 m

hardwood floor · double closet · north view

Utility RoomBasement3.93 × 2.40 m

Concrete Floor

Dining RoomMain4.08 × 3.84 m

hardwood floor · south view · combined w/living

KitchenMain2.70 × 3.65 m

stainless steel appl · marble counter · w/o to deck

Bedroom 2Second2.48 × 3.77 m

hardwood floor · double closet · south view

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

The assigned public school is R H McGregor Elementary 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. Woodbine Ave at Sammon Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$953kavg asking

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

175 Maria Street$999k98 Moberly Avenue$950k670 Rhodes Avenue$850k132 Glenvale Boulevard$1.17M739 Craven Road$798k

The 5 closest of 6 active listings nearby.

See all comparable homes
998kThis home999k950k850k1.17M798kThis home vs active comparables
Live market pulseActive comparables in Danforth Village-East York · median list $1000K
$1,109this home / sqft
6active listings nearby
17days on market

This home lists 19% above the area average of $929/sqft.

13 days longer than the Toronto average (4 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.

Getting around

72/ 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: Woodbine Ave at Sammon Ave, about 96 m away

20+ transit stops10 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.

Danforth
$1.10M
Woodbine Corridor
$989K
Greenwood-Coxwell
$792K
The Beaches
$1.15M
South Riverdale
$1.30M

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 R H McGregor Elementary School
68%
R H McGregor Elementary SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 68% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,549/mo
$188KIncome needed
5.3×Price ÷ income
$1,050Weekly 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.

92%mortgage
Mortgage $4,549Property tax $373Total carry $4,921

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,261per month

Mortgage amount $798,400 · 4.14% over 25 years

$199,600Down payment (20.0%)
$798,400Loan before insurance
$0CMHC premium
$4,633Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,261
Property tax
$373
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,633

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

One-time closing costs

Ontario land transfer tax
$16,435
Toronto municipal land transfer tax
$16,435
Estimated closing costs
$32,870

Plus your down payment of $199,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,175/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

$479,768Total interest paid
$1,278,168Total of all payments
Principal $798,400 Interest $479,768
YearPrincipalInterestBalance
1$18,704$32,423$779,696
2$19,486$31,641$760,210
3$20,301$30,826$739,909
4$21,150$29,976$718,759
5$22,035$29,092$696,724
6$22,957$28,170$673,767
7$23,917$27,210$649,850
8$24,917$26,209$624,932
9$25,960$25,167$598,973
10$27,045$24,081$571,927
11$28,177$22,950$543,751
12$29,355$21,771$514,395
13$30,583$20,543$483,812
14$31,862$19,264$451,949
15$33,195$17,931$418,754
16$34,584$16,543$384,170
17$36,030$15,096$348,140
18$37,537$13,589$310,603
19$39,108$12,019$271,495
20$40,743$10,383$230,752
21$42,448$8,679$188,304
22$44,223$6,904$144,081
23$46,073$5,054$98,008
24$48,000$3,127$50,008
25$50,008$1,119$0

At the end of your 5-year term

Total paid over the term
$255,634
Principal paid down
$101,676
Interest paid
$153,957
Balance remaining
$696,724

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$1,450/mo
$17,400Gross annual rent
1.0%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.

1.7%
Gross yield
− Property tax $4,472− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,614

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

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