824-8 Trent Avenue, Toronto, ON
East End-Danforth, Toronto · MLS® E13597640
About this home
Bright and stylish 1+Den condo offering 715 sq. ft. of exceptionally efficient living space with breathtaking unobstructed west-facing skyline views and spectacular sunsets. A rare feature, this suite boasts two private balconies, providing multiple outdoor spaces to relax, entertain, or enjoy the panoramic city views. Thoughtfully designed with no wasted space, the functional open-concept layout features a modern kitchen with quartz countertops, spacious living and dining areas, and a versatile den ideal for a home office or guest space. Floor-to-ceiling windows flood the home with natural light, creating a bright and inviting atmosphere. Residents enjoy excellent amenities including a fitness centre, party room, media room, and a large rooftop terrace with BBQs. Conveniently located steps to Main Subway Station, Danforth GO Station, supermarkets, parks, cafés, restaurants, and everyday amenities, with Union Station just 15 minutes away by GO Train. An exceptional opportunity for first-time buyers, professionals, or investors seeking style, convenience, and outstanding value.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13597640
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 700-799
- Cross streets
- Main Street Danforth
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Maintenance
- $570/mo
- Exposure
- South West
- Property tax
- $3,583 / 2026
- Listing brokerage
- LANDPOWER REAL ESTATE LTD.
Listed at $638,000, this home is about 14% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($851/sqft) is in line with the area, so you are paying for extra space rather than a premium.
In East End-Danforth lately, sellers have been getting about 98% of asking and homes sell in about 28 days.
Based on 7 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 7 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $589K, 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, sold for $502K
- Size difference +$39K
- Bedrooms +$8K
- Bathrooms +$8K
- Adjusts to $556K
That comparable adjusts to $556K; the $559K estimate above is the median of all 7 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.
Total price vs nearby homes. Fair value about $559K, 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.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 4% below the area average of $891/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
East End-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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $510,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,724
- Property tax
- $299
- Condo / maintenance fees
- $570
- Heating
- $0
- Estimated monthly cost
- $3,592
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,235
- Toronto municipal land transfer tax
- $9,235
- Estimated closing costs
- $18,470
Plus your down payment of $127,600. 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
- $163,421
- Principal paid down
- $65,000
- Interest paid
- $98,421
- Balance remaining
- $445,400
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 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 LANDPOWER REAL ESTATE LTD.. MLS®/PropTx.