691 Greenwood Avenue, Toronto, ON
Danforth, Toronto · MLS® E13564752
About this home
***Updated Semi with Main-Floor Suite, Basement Apartment & Laneway Garage - Steps to Greenwood Station*** Welcome to 691 Greenwood Ave - a thoughtfully updated, multi-family ready semi-detached home offering exceptional flexibility, modern convenience, and meaningful long-term value. This spacious residence features four well-sized bedrooms, including a main-floor bedroom with a private 3-piece washroom, ideal for extended family, guests, or a dedicated home office. A standout feature of this home is its five total washrooms, providing rare convenience in this housing segment. With multiple full and half washrooms across all levels, the property supports comfortable living for larger households, multi-generational families, or shared accommodation - a practical advantage that enhances everyday functionality. The open-concept kitchen with granite island flows seamlessly into the living and dining areas, creating an inviting space for cooking and gathering. Crown moulding and a bright skylight add character and natural light throughout. A rare oversized detached garage accessed from the laneway offers valuable storage and workspace options. Conceptual laneway-home potential exists, subject to all City of Toronto zoning and permit approvals. The fully finished one-bedroom basement apartment provides excellent rental potential, featuring a separate entrance, full kitchen, dedicated laundry, and private washroom. Its independent layout enhances privacy and makes the home well-suited for multi-family living or extended family arrangements. Located steps from the Danforth, the home is close to shops, restaurants, and everyday amenities. Greenwood Station is just around the corner, and nearby routes to the DVP make commuting across the city straight forward. A premium semi-detached opportunity with modern updates, five washrooms, multi-family versatility, and a self-contained basement suite - all in a vibrant, highly convenient community.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13564752
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 5
- Size
- 1100-1500
- Lot
- 19.67 × 100 ft
- Cross streets
- Greenwod and Danforth
- Parking
- 1 garage (detached)
- Driveway
- Lane
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,118 / 2026
- Days on market
- 2
- Listing brokerage
- ANJIA REALTY
Rooms
combined w/living · open concept · centre island
open concept · 3 pc ensuite · window
closet · large window
eat-in kitchen · tile floor
hardwood floor · 3 pc ensuite · double closet
hardwood floor · 3 pc ensuite · window
hardwood floor · window
hardwood floor · window
4 pc ensuite · tile floor
combined w/kitchen · open concept · hardwood floor
Listed at $1,398,000, 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 Danforth, so I widened the search to the surrounding area.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.17M, a close match. 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 $1.25M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $1.29M
That comparable adjusts to $1.29M; the $1.19M estimate above is the median of all 7 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.
On schools, this address is zoned for Earl Beatty Junior and Senior 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.
On location, this is a very walkable address with everyday errands close by. Danforth Ave at Greenwood Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.19M, median of 7 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.
- Open-concept layout: modern, sought-after flow.
- Income potential
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 28% above the area average of $841/sqft.
2 days faster than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Danforth, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 Greenwood Ave, about 130 m away
Within a 15-minute (1.5 km) walk.
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.
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 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,118,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,968
- Property tax
- $427
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,395
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,435
- Toronto municipal land transfer tax
- $24,435
- Estimated closing costs
- $48,870
Plus your down payment of $279,600. 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
- $358,092
- Principal paid down
- $142,429
- Interest paid
- $215,663
- Balance remaining
- $975,971
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ANJIA REALTY. MLS®/PropTx.