223 Queensdale Avenue, Toronto, ON

Danforth Village-East York, Toronto · MLS® E13551144

$1,899,000
For Sale
Listed 7 days ago
5Bedrooms
4Bathrooms
1Garage · 2 parking
1500-2000Sq Ft

About this home

223 Queensdale Avenue offers the space, flexibility, and lifestyle today's families are searching for in the heart of vibrant Danforth Village. This fully detached 4-bedroom home is ideal for young families craving room to grow, buyers looking for multi-generational living, or savvy purchasers seeking a potential mortgage helper with the self-contained walk-out lower-level in-law suite complete with rough-in kitchen ready to go.Bright and welcoming throughout, the home features an open-concept layout with oversized windows that flood the space with natural light. Whether hosting family gatherings or entertaining friends, the spacious main living areas offer the perfect setting for everyday living and special occasions alike. Convenience is built in with two separate laundry areas, a private drive, and a garage with direct access into the home.The walk-out lower level offers incredible versatility with large windows, two separate exits, and direct access to a private sitting area, creating a bright and comfortable extension of the home for extended family, guests, or rental income potential.Located in one of East York's most connected neighbourhoods, this Danforth Village gem boasts an impressive Walk Score of 93 along with excellent transit and bike scores. Walk to the subway, local shops, restaurants, cafes, parks, and the vibrant Danforth community. Enjoy the nearby walking and jogging trails of Taylor Creek Park, easy access to Michael Garron Hospital, the DVP, and bike rides to The Beach for boardwalk strolls by the water. Situated within the sought-after RH McGregor and Cosburn Middle School districts, this is city living at its best - offering space, convenience, strong schools, and a true sense of community in a beautifully well-rounded home. **OPEN HOUSE SUN 2-4pm**

Key facts

Property type
Detached, 2-Storey
MLS®
E13551144
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
1500-2000
Lot
23.06 × 103 ft
Cross streets
Coxwell Ave and Mortimer Ave
Parking
1 garage · 2 parking (attached)
Driveway
Available
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Concrete
Roof
Asphalt Shingle, Asphalt Rolled
Sewer
Sewer
Property tax
$8,433 / 2026
Days on market
7
Listing brokerage
ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY

Rooms

Bedroom 4Second2.31 × 2.55 m

hardwood floor · w/o to balcony · closet

RecreationBasement4.14 × 3.83 m

window · walk-up · pot lights

Bedroom 2Second2.38 × 2.67 m

hardwood floor · window · closet

LaundryBasement1.22 × 2.03 m

laundry sink · pot lights

BedroomBasement2.83 × 3.01 m

window · pot lights

Family RoomMain2.57 × 4.82 m

hardwood floor · picture window · pot lights

Dining RoomMain4.72 × 280.00 m

hardwood floor · w/o to deck · combined w/living

Living RoomMain4.72 × 2.80 m

hardwood floor · gas fireplace · combined w/dining

KitchenMain3.80 × 3.89 m

b/i appliances · hardwood floor · breakfast area

Bedroom 3Second2.55 × 2.64 m

hardwood floor · window · closet

Primary BedroomSecond4.47 × 3.40 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.54Mest. value

Listed at $1,899,000, this home is about 23% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.68M, a close match.

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 $1.49M
  • Bathrooms +$15K
  • Adjusts to $1.50M

That comparable adjusts to $1.50M; the $1.54M estimate above is the median of all 9 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 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. Coxwell Ave at Springdale Blvd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.50MGreat deal$1.90MOverpriced

Total price vs nearby homes. Fair value about $1.54M, median of 9 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.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Danforth Village-East York · asking prices
$1.40Mavg asking

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

121 Sammon Avenue$1.49M7 Linnsmore Crescent$1.22M121 Virginia Avenue$1.50M

The 3 closest active listings nearby.

See all comparable homes
1.90MThis home1.49M1.22M1.50MThis home vs active comparables
Live market pulseActive comparables in Danforth Village-East York · median list $1.50M
$1,085this home / sqft
9active listings nearby
7days on market

This home lists 23% above the area average of $881/sqft.

6 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.

Getting around

84/ 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: Coxwell Ave at Springdale Blvd, about 194 m away

20+ transit stops9 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
Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
Cliffcrest
$1.51M
Bedford Park-Nortown
$2.90M

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 · 0.4 km awayBelow the GTA average · 68% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$8,655/mo
$355KIncome needed
5.4×Price ÷ income
$1,997Weekly 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 $8,655Property tax $703Total carry $9,358

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$8,107per month

Mortgage amount $1,519,200 · 4.14% over 25 years

$379,800Down payment (20.0%)
$1,519,200Loan before insurance
$0CMHC premium
$8,810Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,107
Property tax
$703
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,810

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

One-time closing costs

Ontario land transfer tax
$34,455
Toronto municipal land transfer tax
$34,455
Estimated closing costs
$68,910

Plus your down payment of $379,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,847/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

$912,905Total interest paid
$2,432,105Total of all payments
Principal $1,519,200 Interest $912,905
YearPrincipalInterestBalance
1$35,590$61,695$1,483,610
2$37,078$60,206$1,446,532
3$38,629$58,655$1,407,903
4$40,245$57,039$1,367,658
5$41,928$55,356$1,325,730
6$43,682$53,602$1,282,047
7$45,509$51,775$1,236,538
8$47,413$49,871$1,189,125
9$49,396$47,888$1,139,729
10$51,462$45,822$1,088,267
11$53,615$43,669$1,034,652
12$55,858$41,427$978,794
13$58,194$39,090$920,600
14$60,628$36,656$859,972
15$63,164$34,120$796,808
16$65,806$31,478$731,002
17$68,559$28,725$662,443
18$71,426$25,858$591,016
19$74,414$22,870$516,602
20$77,527$19,757$439,076
21$80,770$16,515$358,306
22$84,148$13,136$274,158
23$87,668$9,616$186,490
24$91,335$5,949$95,155
25$95,155$2,129$0

At the end of your 5-year term

Total paid over the term
$486,421
Principal paid down
$193,470
Interest paid
$292,950
Balance remaining
$1,325,730

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
1.3%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.

2.0%
Gross yield
− Property tax $8,433− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $23,809

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY. MLS®/PropTx.

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