824-8 Trent Avenue, Toronto, ON

East End-Danforth, Toronto · MLS® E13790018

$565,000
For Sale
Listed 34 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Rarely offered corner unit featuring 2 balconies! Plenty of upgrades throughout Bright, spacious and filled with an abundance of natural light, this 2-bedroom...
  • The location is another highlight, with Main St Station just a 6-minute walk away and you can make it to the Danforth GO in approximately 7 mins.

**Rarely offered corner unit featuring 2 balconies!** Plenty of upgrades throughout** Bright, spacious and filled with an abundance of natural light, this 2-bedroom, 2-bathroom condo offers just over 700 sq. ft. of comfortable, open-concept living space with 9-ft ceilings, laminate floors throughout and floor-to-ceiling windows that create an airy, inviting feel throughout. The modern kitchen and both bathrooms features quartz countertops and undermount sinks. The kitchen is complemented with stainless-steel appliances and is open to the main living area. The thoughtfully designed layout provides plenty of space to relax and entertain. Custom roller shades as well as custom blinds add both style and everyday convenience. Step outside and enjoy two private balconies-perfect for morning coffee, some fresh air or winding down at the end of the day. This unit also includes one underground parking space and a storage locker. Building amenities include a gym, games room and rooftop terrace with BBQs, giving you even more space to enjoy. The location is another highlight, with Main St Station just a 6-minute walk away and you can make it to the Danforth GO in approximately 7 mins. Shopping, dining and everyday conveniences are also close by. Bright, modern and thoughtfully laid out, this condo offers the space, natural light, outdoor living and convenience that make it easy to feel right at home. Perfect for first-time home buyers, young professionals or even as an investment opportunity. **Some photos have been virtually staged**

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13790018
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Dawes Rd/Danforth Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$570/mo
Exposure
South West
Property tax
$3,583 / 2026
Days on market
34
Listing brokerage
RE/MAX ALL-STARS REALTY INC.

Rooms

Dining RoomMain3.99 × 3.73 m

combined w/living · window floor to ceiling · w/o to balcony

KitchenMain2.44 × 2.36 m

quartz counter · undermount sink · breakfast bar

Living RoomMain3.99 × 3.73 m

combined w/dining · window floor to ceiling · open concept

Bedroom 2Main2.77 × 2.59 m

window floor to ceiling · double closet

Primary BedroomMain2.97 × 3.20 m

window floor to ceiling · 4 pc ensuite · mirrored closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$551Klikely sale price

Listed at $565,000. Going by how homes in East End-Danforth and the wider GTA have actually closed against their asking prices (about 98%, 5 local closings in 90 days), the likely sale price is near $551K, if it sells. A realistic range is $519K to $596K.

Independent value check: $652K. Without looking at the asking price, our model values the home itself about 15% above the ask (homes like it typically land between $606K and $685K).

Why $652K. The typical condo sold in East End-Danforth over the past year went for about $523K (33 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,583 a year; the typical home sold here pays about $3,000.
  • ▲ Raises it2 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises itIt is 700 to 799 sq ft; the typical home sold here is 600 to 699.
List price
$519KBelow recent closings$596KAbove recent closings

Total price vs nearby homes. Likely closing about $551K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$682Kmedian sold price
103%of asking, on average
+32%prices vs a year ago
~57 dayshomes like this take to sell
34days on market so far
$2,611/moest. rent · 35 leases
5.5%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 10.2 months of inventory: 17 condo apartment homes for sale in the area against 5 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $754/sqft against an area asking average of $821/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $503K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 14 homes sold in this building over the past two years, from 64 closings in East End-Danforth.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,805 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K886

Neighbourhood & location

East End-Danforth, 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.

Moss Park
$633K
Waterfront Communities C8
$570K
Church-Yonge Corridor
$680K
Bay Street Corridor
$479K
Mount Pleasant West
$639K

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 St. Brigid
76%
St. BrigidCatholic · Elementary · 1.6 km awayAbove the GTA average · 76% meet the provincial standard
William J McCordic SchoolEQAO results not published
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Nicholas Catholic School · Catholic elementary0.4 km · 61% at standard
Secord Elementary School · Public elementary0.6 km · 61% at standard
Malvern Collegiate Institute · Public secondary0.6 km · 87% at standard
Beaches Alternative Junior School · Public elementary0.7 km
Kimberley Junior Public School · Public elementary0.7 km · 82% at standard
Adam Beck Junior Public School · Public elementary0.8 km · 73% at standard
Notre Dame Catholic High School · Catholic secondary0.9 km · 82% at standard
St John Catholic School · Catholic elementary0.9 km · 72% at standard
Crescent Town Elementary School · Public elementary1.0 km · 68% at standard
Blantyre Public School · Public elementary1.0 km · 71% at standard
St Dunstan Catholic School · Catholic elementary1.1 km · 73% at standard
Gledhill Junior Public School · Public elementary1.1 km · 76% at standard

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

Affordability & Mortgage

Affordability
$2,575/mo
$122KIncome needed
4.6×Price ÷ income
$594Weekly cost
$15,550Land 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 $2,575Property tax $299Condo fee $570Total carry $3,443

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,499per month

Mortgage amount $452,000 · 4.49% over 25 years

$113,000Down payment (20.0%)
$452,000Loan before insurance
$0CMHC premium
$3,368Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,499
Property tax
$299
Condo / maintenance fees
$570
Heating
$0
Estimated monthly cost
$3,368

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

One-time closing costs

Ontario land transfer tax
$7,775
Toronto municipal land transfer tax
$7,775
Estimated closing costs
$15,550

Plus your down payment of $113,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,025/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

$297,756Total interest paid
$749,756Total of all payments
Principal $452,000 Interest $297,756
YearPrincipalInterestBalance
1$10,087$19,904$441,913
2$10,545$19,446$431,369
3$11,023$18,967$420,345
4$11,524$18,466$408,821
5$12,047$17,943$396,774
6$12,594$17,396$384,180
7$13,166$16,824$371,014
8$13,764$16,226$357,250
9$14,389$15,601$342,861
10$15,042$14,948$327,819
11$15,725$14,265$312,094
12$16,439$13,551$295,655
13$17,185$12,805$278,470
14$17,966$12,025$260,504
15$18,781$11,209$241,723
16$19,634$10,356$222,088
17$20,526$9,465$201,563
18$21,458$8,533$180,105
19$22,432$7,558$157,673
20$23,450$6,540$134,223
21$24,515$5,475$109,708
22$25,628$4,362$84,080
23$26,792$3,198$57,288
24$28,008$1,982$29,280
25$29,280$710$0

At the end of your 5-year term

Total paid over the term
$149,951
Principal paid down
$55,226
Interest paid
$94,725
Balance remaining
$396,774

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
From 35 whole-home leases in East End-Danforth$2,611/mo
$31,332Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,480 to $2,741Typical rent range
~23 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 35 whole-home leases in East End-Danforth signed at a median of $2,186 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,611. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.5%
Gross yield
− Property tax $3,583− Condo fees $6,837− Insurance $600− Vacancy & upkeep $3,447Net operating income $16,866

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ALL-STARS REALTY INC.. MLS®/PropTx.

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