45 Westlake Avenue, Toronto, ON
East End-Danforth, Toronto · MLS® E13820616
About this home
In short
- Character, space, and convenience come together at 45 Westlake Avenue.
- Set on a generous 125-foot-deep lot, this updated home pairs enduring period details with smart updates.
- Inside, hardwood floors extend throughout, while stained-glass windows preserve the home's original warmth and personality.
- The enclosed porch provides a practical landing place for bicycles, strollers, and seasonal gear without sacrificing any of your interior living space. :) A separate...
- Come see this perfect blend of updates and cozy charm at 45 Westlake Avenue.
Character, space, and convenience come together at 45 Westlake Avenue. Much larger than it appears this oversized three-bedroom, two-bathroom semi-detached home is set in a sought-after pocket south of the Danforth. Set on a generous 125-foot-deep lot, this updated home pairs enduring period details with smart updates. Inside, hardwood floors extend throughout, while stained-glass windows preserve the home's original warmth and personality. A cozy gas fireplace gives the living room an inviting spot for movie nights or rainy days with a book. The enclosed porch provides a practical landing place for bicycles, strollers, and seasonal gear without sacrificing any of your interior living space. :) A separate side entrance leads to the finished basement, creating flexibility for a recreation area, home office, guest accommodations, or rental potential. Out back, the deep yard offers ample room to garden, play or dine outdoors. A large shed adds welcome storage for tools, sports equipment, and outdoor essentials. Daily errands and commuting are exceptionally convenient here as well. Sobeys is just steps away, Stephenson Park is close at hand, and both Main Street Station and Danforth GO Station are within easy reach. The best BBQ in Toronto at Beach Hill Smokehouse, coffee runs to Poured, afternoon baseball games at Stephenson Park, treats from Carter's Ice Cream, and community events (Farmer's Market) at East Lynn Park add to the neighborhood's appeal. Leave the car at home...you can walk to everything here! Come see this perfect blend of updates and cozy charm at 45 Westlake Avenue.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13820616
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 20.08 × 125 ft
- Cross streets
- Main and Danforth
- Parking
- 0 parking
- Driveway
- Mutual
- Basement
- Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air, Wall Unit(s)
- Exterior
- Brick
- Foundation
- Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,841 / 2025
- Days on market
- 6
- Listing brokerage
- SKYBOUND REALTY
Listed at $1,029,000. Going by how homes in East End-Danforth and the wider GTA have actually closed against their asking prices (about 104%, 21 local closings in 90 days), the likely sale price is near $1.07M, if it sells. A realistic range is $1.00M to $1.21M.
Independent value check: $1.02M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $957K and $1.07M).
Why $1.02M. The typical semi-detached home sold in East End-Danforth over the past year went for about $1.17M (74 sales). What sets this one apart:
- ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
- ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $4,841 a year; the typical home sold here pays about $5,000.
Total price vs nearby homes. Likely closing about $1.07M, from 21 recent closings in this pocket.
The market behind the math:
About 1.4 months of inventory: 10 semi-detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $792/sqft against an area asking average of $793/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in East End-Danforth: 12 of the 65 detached leases here lately were basement units, around $1,650 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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.
It never sees the asking price. The 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.08M. Condition and finishes remain an in-person call.
What the listing highlights2 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
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Gledhill Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 21 comparable homes that sold in East End-Danforth over the past two years, from 149 closings there.
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 $867/sqft; this home lists at $792/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
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.
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 September 30, 2026); conventional rates run a little higher.
Mortgage amount $823,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,552
- Property tax
- $403
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,955
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,055
- Toronto municipal land transfer tax
- $17,055
- Estimated closing costs
- $34,110
Plus your down payment of $205,800. 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
- $273,097
- Principal paid down
- $100,580
- Interest paid
- $172,517
- Balance remaining
- $722,620
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
The suite is real income here: basements rent in East End-Danforth (12 of 65 recent detached leases were basement units, around $1,650 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,650 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 23 whole-home leases in East End-Danforth signed at a median of $3,860 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,874. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SKYBOUND REALTY. MLS®/PropTx.