50 Cedarvale Avenue, Toronto, ON

East End-Danforth, Toronto · MLS® E13822460

$659,000
For Sale
Listed 25 days agoNo offer date stated
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3Bedrooms
2Bathrooms
0Parking
1100-1500Sq ft

About this home

In short

  • Investment, self occupied or both.
  • This property has 2 self-contained apartments.
  • Each has a separate entrance, 4-pc bathroom, complete kitchen, washer & dryer.
  • The basement has a second bedroom, 4-pc bathroom , washer & dryer.

Investment, self occupied or both. This property has 2 self-contained apartments. Each has a separate entrance, 4-pc bathroom, complete kitchen, washer & dryer. The top floor apartment has a bedroom and a large room which can be a living room. The main floor apartment has a kitchen, living room and a main floor bedroom which can be used as a studio. The basement has a second bedroom, 4-pc bathroom , washer & dryer. You can live in one apartment and rent out the other apartment. Or you can rent both out for income.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E13822460
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Lot
17.68 × 100 ft
Cross streets
Danforth & Woodbine
Parking
0 parking
Driveway
None
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Rolled, Asphalt Shingle
Sewer
Sewer
Property tax
$5,057 / 2026
Days on market
25
Listing brokerage
LANDSTARS 360 REALTY INC.

Rooms

Family RoomBasement5.51 × 2.44 m

window · large closet · above grade window

BathroomBasement1.91 × 1.52 m

tile floor · 4 pc bath · soaking tub

Bedroom 2Basement3.05 × 3.05 m

broadloom · closet

LaundryBasement1.91 × 1.52 m

tile floor · laundry sink

BedroomMain3.35 × 3.66 m

large window · large closet · hardwood floor

KitchenSecond2.74 × 3.66 m

closet · window · led lighting

KitchenMain4.53 × 2.74 m

eat-in kitchen · large window · w/o to deck

BedroomSecond3.05 × 4.11 m

window · double closet · led lighting

BathroomSecond1.78 × 2.59 m

window · 4 pc bath · soaking tub

Great RoomSecond3.81 × 4.27 m

large window · led lighting · large closet

Living RoomMain3.05 × 3.05 m

combined w/dining · window · hardwood floor

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

Its public catchment (Gledhill Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in East End-Danforth · asking prices
$949kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market.

Per square foot, these ask about $730/sqft; this home lists at $507/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
659kThis home679k889k830k1.40MThis home vs active comparables

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.

Woodbine Corridor
$999K
Danforth
$999K
Greenwood-Coxwell
$969K
The Beaches
$1.48M
South Riverdale
$1.22M

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 Gledhill Junior Public School
76%
Gledhill Junior Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 76% meet the provincial standard
William J McCordic SchoolEQAO results not published
School of Life ExperienceEQAO results not published
Also nearby: 12 more schools within 2.5 km
Earl Beatty Junior and Senior Public School · Public elementary0.9 km · 87% at standard
Earl Haig Public School · Public elementary1.0 km · 62% at standard
Beaches Alternative Junior School · Public elementary1.0 km
Kimberley Junior Public School · Public elementary1.0 km · 82% at standard
Bowmore Road Junior and Senior Public School · Public elementary1.0 km · 64% at standard
Norway Junior Public School · Public elementary1.0 km · 85% at standard
Secord Elementary School · Public elementary1.1 km · 61% at standard
D A Morrison Middle School · Public elementary1.1 km · 79% at standard
St Nicholas Catholic School · Catholic elementary1.2 km · 61% at standard
Monarch Park Collegiate Institute · Public secondary1.2 km · 79% at standard
St John Catholic School · Catholic elementary1.4 km · 72% at standard
Malvern Collegiate Institute · Public secondary1.4 km · 87% at standard

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

Affordability & Mortgage

Affordability
$3,004/mo
$132KIncome needed
5.0×Price ÷ income
$693Weekly cost
$19,310Land 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.

88%mortgage
Mortgage $3,004Property tax $421Total carry $3,425

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)
$2,915per month

Mortgage amount $527,200 · 4.49% over 25 years

$131,800Down payment (20.0%)
$527,200Loan before insurance
$0CMHC premium
$3,336Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,915
Property tax
$421
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,336

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

One-time closing costs

Ontario land transfer tax
$9,655
Toronto municipal land transfer tax
$9,655
Estimated closing costs
$19,310

Plus your down payment of $131,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,528/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

$347,294Total interest paid
$874,494Total of all payments
Principal $527,200 Interest $347,294
YearPrincipalInterestBalance
1$11,765$23,215$515,435
2$12,299$22,681$503,136
3$12,857$22,122$490,279
4$13,441$21,539$476,837
5$14,052$20,928$462,786
6$14,690$20,290$448,096
7$15,356$19,623$432,740
8$16,054$18,926$416,686
9$16,783$18,197$399,904
10$17,545$17,435$382,359
11$18,341$16,639$364,018
12$19,174$15,806$344,844
13$20,045$14,935$324,799
14$20,955$14,025$303,844
15$21,906$13,074$281,938
16$22,901$12,079$259,038
17$23,941$11,039$235,097
18$25,027$9,952$210,070
19$26,164$8,816$183,906
20$27,352$7,628$156,554
21$28,594$6,386$127,960
22$29,892$5,088$98,068
23$31,249$3,731$66,819
24$32,668$2,312$34,151
25$34,151$829$0

At the end of your 5-year term

Total paid over the term
$174,899
Principal paid down
$64,414
Interest paid
$110,485
Balance remaining
$462,786

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$2,300/mo
$27,600Gross annual rent
2.7%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.

4.2%
Gross yield
− Property tax $5,057− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,107

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LANDSTARS 360 REALTY INC.. MLS®/PropTx.

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