435 Mortimer Avenue, Toronto, ON
Danforth Village-East York, Toronto · MLS® E13824052
About this home
In short
- Not your standard income property.
- The main-floor one-bedroom suite features hardwood floors, a separate living room, and an updated eat-in kitchen.
- Upstairs, the bachelor-style suite offers hardwood floors and access to a beautiful private large patio/balcony, along with a new washer and dryer.
- Fully tenanted with an established rent roll, this is a compelling opportunity for an investor.
- With independent entries and amenities on every level and income already in place, 435 Mortimer offers both immediate appeal and options for the future uses.
Not your standard income property! We are talking high end finishes no details or space has been overlooked. Welcome to 435 Mortimer Avenue, an income property in Toronto's Danforth Village-East York neighbourhood. Registered as a duplex with a basement apartment, the home currently offers three self-contained living spaces, each with its own kitchen, four-piece bathroom, and laundry. Every level has been thoughtfully laid out to make the most of its space, creating comfortable, independent homes well suited to city living.The main-floor one-bedroom suite features hardwood floors, a separate living room, and an updated eat-in kitchen. Upstairs, the bachelor-style suite offers hardwood floors and access to a beautiful private large patio/balcony, along with a new washer and dryer. The lower-level one-bedroom apartment has an open kitchen and living area, a separate bedroom, and its own laundry.Fully tenanted with an established rent roll, this is a compelling opportunity for an investor. The existing tenants willing to stay, offering continuity for a buyer looking to maintain the property's current rental use. The flexible layout may also appeal to multigenerational families or first-time buyers interested in exploring the possibility of living in one space while rental income from the others helps with ownership costs. Its East York location offers a residential setting with convenient access to downtown Toronto. Included in the sale are three fridges, three stoves, three washers and dryers, existing light fixtures, window coverings, and an owned on demand hot water heater. With independent entries and amenities on every level and income already in place, 435 Mortimer offers both immediate appeal and options for the future uses. Don't miss the exceptional opportunity that doesnt come along often. Roof - 2016, Air Conditioning - 2018, Owned tankless water heater - 2023.
Key facts
- Property type
- Other, 2-Storey
- MLS®
- E13824052
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 3
- Size
- 1100-1500 sq ft
- Lot
- 18.79 × 90 ft
- Cross streets
- Greenwood / Mortimer
- Parking
- 0 parking
- Driveway
- Mutual
- Basement
- Apartment
- Kitchens
- 3 (2 + 1)
- Heating
- Radiant
- A/C
- Wall Unit(s)
- Exterior
- Brick, Board & Batten
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,870 / 2026
- Days on market
- 25
- Listing brokerage
- RE/MAX ALL-STARS REALTY INC.
Rooms
hardwood floor · b/i bookcase · b/i shelves
combined w/living · ceramic floor
ceramic floor · closet
hardwood floor · b/i closet · b/i bookcase
Hardwood Floor
B/I Appliances
hardwood floor · b/i closet
eat-in kitchen · updated · hardwood floor
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 readThe 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.
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest listings on the market.
Per square foot, these ask about $822/sqft; this home lists at $1,073/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & location
Danforth Village-East York, 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 $1,116,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,171
- Property tax
- $489
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,660
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,375
- Toronto municipal land transfer tax
- $24,375
- Estimated closing costs
- $48,750
Plus your down payment of $279,000. 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
- $370,233
- Principal paid down
- $136,355
- Interest paid
- $233,879
- Balance remaining
- $979,645
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 ALL-STARS REALTY INC.. MLS®/PropTx.