616-2301 Danforth Avenue, Toronto, ON
East End-Danforth, Toronto · MLS® E13809214
About this home
In short
- Bright and well-designed 1-bedroom suite offering 517 sq ft of thoughtfully laid-out living space with no wasted space.
- Open-concept living and dining area with large floor-to-ceiling windows providing an abundance of natural light.
- Walkout from the living room to a private 42 sq ft balcony with a beautiful sunset views overlooking the East York treetops.
- Bright bedroom with large wall-to-wall mirrored closet, perfectly positioned 4-piece bathroom and bonus ensuite laundry.
- Fantastic Danforth location just steps to TTC and GO Train for a quick commute downtown.
New Price! Bright and well-designed 1-bedroom suite offering 517 sq ft of thoughtfully laid-out living space with no wasted space. Open-concept living and dining area with large floor-to-ceiling windows providing an abundance of natural light. Updated kitchen with stainless steel appliances and quartz countertop. Walkout from the living room to a private 42 sq ft balcony with a beautiful sunset views overlooking the East York treetops. Bright bedroom with large wall-to-wall mirrored closet, perfectly positioned 4-piece bathroom and bonus ensuite laundry. Enjoy the spectacular rooftop garden featuring communal BBQs and seating areas. Building amenities include a gym, party room and concierge service from 12-8 p.m daily. Fantastic Danforth location just steps to TTC and GO Train for a quick commute downtown. Close to desirable shops, restaurants and everyday amenities, with easy access to the Beach and surrounding recreational amenities. Incredible value, low fees, not to be missed
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13809214
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599 sq ft
- Cross streets
- Woodbine/Danforth
- Parking
- 0 parking
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $435/mo
- Exposure
- North West
- Property tax
- $2,102 / 2026
- Days on market
- 28
- Listing brokerage
- RE/MAX HALLMARK JOY VERDE GROUP REALTY
Rooms
laminate · w/o to balcony · window floor to ceiling
laminate · open concept
laminate · w/w closet · window floor to ceiling
stainless steel appl · quartz counter · combined w/dining
laminate · double closet
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 readIts public catchment (Gledhill Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
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 $732/sqft; this home lists at $772/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
East End-Danforth, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $339,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,875
- Property tax
- $175
- Condo / maintenance fees
- $435
- Heating
- $0
- Estimated monthly cost
- $2,486
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,955
- Toronto municipal land transfer tax
- $4,955
- Estimated closing costs
- $9,910
Plus your down payment of $84,800. 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
- $112,530
- Principal paid down
- $41,444
- Interest paid
- $71,086
- Balance remaining
- $297,756
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 RE/MAX HALLMARK JOY VERDE GROUP REALTY. MLS®/PropTx.