683 Mortimer Avenue, Toronto, ON
Danforth Village-East York, Toronto · MLS® E13725816
About this home
Beautifully Renovated, freshly painted & Move-In Ready Detached Bungalow On A Deep 103 Ft Lot In East York's Danforth Village! This Sun-Filled, South-Facing 2+1 Bedroom, 2 Full Bathroom, 1 Driveway Parking Home Is The Perfect Condo Alternative For First-Time Buyers, Downsizers & Investors. Freshly Painted Throughout & Fully Renovated, Featuring A Bright Living Room, Eat-In Kitchen With Granite Counters, Two Main Floor Bedrooms & A Sunroom With Walk-Out To The Newly Painted Deck & Private Fenced Backyard. Finished Basement Offers A Third Bedroom, Second 4-Piece Bath & Laundry - Ideal For In-Laws Or Extra Living Space. Carpet-Free Throughout, LED Lighting Everywhere & Windows In Every Room For Tons Of Natural Light. Both Baths Are Full 4-Piece With Tubs. Front Pad Parking. Minutes Walking Distance To Woodbine Subway, Steps To TTC, Danforth Shops, Parks & Schools. Designated Major Transit Station Area - Excellent Long-Term Potential. Freehold, No Fees!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13725816
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 16.62 × 103 ft
- Cross streets
- Woodbine & Mortimer
- Parking
- 1 parking
- Driveway
- Front Yard Parking
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Vinyl Siding
- Foundation
- Concrete Block, Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,386 / 2025
- Listing brokerage
- RIGHT AT HOME REALTY
Listed at $820,000, and my independent estimate is within the range of comparable homes, on the lower side.
Total price vs nearby homes. Fair value about $923K, median of 28 comparables.
The market behind the math:
Price per square foot: this home lists at $911/sqft against an area asking average of $1,156/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 28 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $667K, lower than the comparables and worth a second look.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 28 comparable homes that recently sold nearby.
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 $1,159/sqft; this home lists at $911/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Danforth Village-East York, 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 4.09% via Ratehub.ca (as of August 29, 2026); conventional rates run a little higher.
Mortgage amount $656,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,537
- Property tax
- $282
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,819
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,875
- Toronto municipal land transfer tax
- $12,875
- Estimated closing costs
- $25,750
Plus your down payment of $164,000. 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
- $212,194
- Principal paid down
- $82,563
- Interest paid
- $129,631
- Balance remaining
- $573,437
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 RIGHT AT HOME REALTY. MLS®/PropTx.