403-1346 Danforth Road, Toronto, ON

Eglinton East, Toronto · MLS® E13656688

$427,900
For Sale
Listed 70 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
0Parking
700-799Sq ft

About this home

In short

  • This Spacious & Bright 2 Bedroom/ 2 Full Bath condo in prime central Scarborough iswaiting for you to call it Home Walking distance to everything you need!!...
  • 2nd Bedroom is just as spacious with laminate flooring, a closet & window. Kitchen is open concept to the living room and offers full size appliances and lots of...
  • Great size balcony overlooking Toronto for a relaxing evening after work Property managed by Del Property Management and offers a wide range of amenities: party...

Wow! This Spacious & Bright 2 Bedroom/ 2 Full Bath condo in prime central Scarborough iswaiting for you to call it *Home* Walking distance to everything you need!! * Convenient Location With 24 Hr TTC, Mins To Go Train, Subway, Hospital, Home Depot, Wal-Mart, Schools, Banks, No Frills, Hwy 401, Scarborough Town Centre, & Much More! * Unit 403 is flooded with natural light, a spacious open concept kitchen/ living room & lots of room to entertain or grow your family * Primary bedroom offers a 4pc ensuite, large closet & a large window! 2nd Bedroom is just as spacious with laminate flooring, a closet & window. * Kitchen is open concept to the living room and offers full size appliances and lots of counter space with an overhang to add barstools! Great size balcony overlooking Toronto for a relaxing evening after work * Property managed by Del Property Management and offers a wide range of amenities: party room, guest suites, pool, gym, security and so much more. * Sq feet = 753 which is the perfect size for a 1st time home buyer, downsizer or anywhere in between *

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13656688
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Danforth/Eglinton
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$471/mo
Exposure
East
Property tax
$2,127 / 2025
Days on market
70
Listing brokerage
ROYAL HERITAGE REALTY LTD.

Rooms

Primary BedroomMain4.84 × 2.88 m

4 pc ensuite · closet · window

KitchenMain2.27 × 2.91 m

open concept · breakfast bar · double sink

Bedroom 2Main4.37 × 2.90 m

laminate · closet · window

Living RoomMain4.74 × 3.16 m

open concept · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Knob Hill Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Eglinton East · asking prices
$425kavg asking

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

Per square foot, these ask about $560/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
428kThis home389k385k500kThis home vs active comparables

Neighbourhood & location

Eglinton East, 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.

Bayview Village
$543K
North St. James Town
$649K
Moss Park
$549K
Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K

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 Knob Hill Public School
57%
Knob Hill Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 57% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
John McCrae Public School · Public elementary0.6 km · 54% at standard
Glen Ravine Junior Public School · Public elementary0.9 km · 62% at standard
Hunter's Glen Junior Public School · Public elementary1.1 km · 66% at standard
Charles Gordon Senior Public School · Public elementary1.1 km
St Albert Catholic School · Catholic elementary1.2 km · 66% at standard
Walter Perry Junior Public School · Public elementary1.2 km · 66% at standard
St Joan of Arc Catholic Academy · Catholic secondary1.2 km · 61% at standard
Lord Roberts Junior Public School · Public elementary1.4 km · 69% at standard
Cedarbrook Public School · Public elementary1.4 km · 48% at standard
David and Mary Thomson Collegiate Institute · Public secondary1.5 km · 52% at standard
Robert Service Senior Public School · Public elementary1.7 km
Mason Road Junior Public School · Public elementary1.8 km · 43% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,950/mo
$92KIncome needed
4.6×Price ÷ income
$450Weekly cost
$10,066Land transfer tax, one-time (Ontario + Toronto)
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.

75%mortgage
Mortgage $1,950Property tax $177Condo fee $471Total carry $2,599

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,893per month

Mortgage amount $342,320 · 4.49% over 25 years

$85,580Down payment (20.0%)
$342,320Loan before insurance
$0CMHC premium
$2,541Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,893
Property tax
$177
Condo / maintenance fees
$471
Heating
$0
Estimated monthly cost
$2,541

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

One-time closing costs

Ontario land transfer tax
$5,033
Toronto municipal land transfer tax
$5,033
Estimated closing costs
$10,066

Plus your down payment of $85,580. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,291/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

$225,504Total interest paid
$567,824Total of all payments
Principal $342,320 Interest $225,504
YearPrincipalInterestBalance
1$7,639$15,074$334,681
2$7,986$14,727$326,695
3$8,349$14,364$318,346
4$8,728$13,985$309,619
5$9,124$13,589$300,495
6$9,538$13,175$290,957
7$9,971$12,742$280,985
8$10,424$12,289$270,561
9$10,897$11,816$259,664
10$11,392$11,321$248,272
11$11,909$10,804$236,363
12$12,450$10,263$223,913
13$13,015$9,698$210,898
14$13,606$9,107$197,291
15$14,224$8,489$183,067
16$14,870$7,843$168,198
17$15,545$7,168$152,653
18$16,251$6,462$136,402
19$16,989$5,724$119,413
20$17,760$4,953$101,653
21$18,566$4,147$83,087
22$19,409$3,304$63,677
23$20,291$2,422$43,387
24$21,212$1,501$22,175
25$22,175$538$0

At the end of your 5-year term

Total paid over the term
$113,565
Principal paid down
$41,825
Interest paid
$71,740
Balance remaining
$300,495

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$2,400/mo
$28,800Gross annual rent
4.0%Cap rate after taxes and upkeep

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.

6.7%
Gross yield
− Property tax $2,127− Condo fees $5,654− Insurance $600− Vacancy & upkeep $3,168Net operating income $17,251

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

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