1056 Woodbine Avenue, Toronto, ON
Danforth, Toronto · MLS® E13835702
About this home
In short
- Beautifully renovated 3+1 bedroom, 2-bathroom semi-detached home inthe heart of highly sought-after East York.
- The brightopen-concept main floor features warm oak hardwood flooring, amatching oak staircase, and abundant natural light.
- Extensive upgrades includecomplete replacement of knob-and-tube wiring with a modern electricalsystem, new plumbing throughout, a backwater valve, newer roof(approx.
- 5 years), and beautifully renovated bathrooms withcontemporary finishes.
- The finished basement with a separate entranceincludes an additional living room/rough in for kitchen, bedroom, andfull bathroom, making it ideal for extended family...
Beautifully renovated 3+1 bedroom, 2-bathroom semi-detached home inthe heart of highly sought-after East York. This move-in readyresidence blends timeless character with modern design, offeringexceptional quality, style, and functionality throughout. The brightopen-concept main floor features warm oak hardwood flooring, amatching oak staircase, and abundant natural light. The designerkitchen showcases custom cabinetry, quartz countertops, brand newstainless steel appliances, and a gas line for the stove, with anadditional gas line for an outdoor BBQ. Extensive upgrades includecomplete replacement of knob-and-tube wiring with a modern electricalsystem, new plumbing throughout, a backwater valve, newer roof(approx. 5 years), and beautifully renovated bathrooms withcontemporary finishes. The finished basement with a separate entranceincludes an additional living room/rough in for kitchen, bedroom, andfull bathroom, making it ideal for extended family, guests, a homeoffice, or future income potential. Enjoy a welcoming front porch,private fully fenced backyard, and convenient rear parking. Ideallylocated just steps to Woodbine Subway Station and minutes to DanforthAvenue's vibrant shops, cafés, restaurants, parks, schools, andcommunity amenities, with easy access to downtown Toronto and majorroutes. A rare opportunity to own a thoughtfully renovated home whereall the major updates have already been completed-simply move in andenjoy.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13835702
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 18 × 100 ft
- Cross streets
- Woodbine/ Danforth
- Parking
- 1 parking
- Driveway
- Mutual
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Brick
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,929 / 2025
- Days on market
- 21
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
large closet · picture window · laminate
eat-in kitchen · pantry · hardwood floor
Double Closet
Irregular Room
Closet
ceiling fan(s) · wood trim · hardwood floor
Closet
wood trim · hardwood floor
Listed at $989,000. Going by how homes in Danforth Village-East York and the wider GTA have actually closed against their asking prices (about 100%, 11 local closings in 90 days), the likely sale price is near $991K, if it sells. A realistic range is $929K to $1.12M.
Independent value check: $923K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $865K and $967K).
Why $923K. The typical semi-detached home sold in Danforth Village-East York over the past year went for about $1.16M (43 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,929 a year; the typical home sold here pays about $5,400.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $991K, from 11 recent closings in this pocket.
The market behind the math:
About 1.4 months of inventory: 5 semi-detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $761/sqft against an area asking average of $803/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Danforth Village-East York: 7 of the 44 detached leases here lately were basement units, around $1,700 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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $909K. Condition and finishes remain an in-person call.
What the listing highlights5 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
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The 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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($761/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Danforth, so I widened the search to the surrounding area.
Based on 5 homes sold on this street over the past two years, from 134 closings in Danforth Village-East York.
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 $847/sqft; this home lists at $761/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Toronto: $1.12M in September 2026, up 2% from a year ago, on 2,409 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.08M | 252 |
| November 2025 | $1.03M | 207 |
| December 2025 | $967K | 117 |
| January 2026 | $997K | 100 |
| February 2026 | $1.09M | 151 |
| March 2026 | $1.18M | 180 |
| April 2026 | $1.18M | 242 |
| May 2026 | $1.18M | 282 |
| June 2026 | $1.21M | 262 |
| July 2026 | $999K | 237 |
| August 2026 | $970K | 166 |
| September 2026 | $1.12M | 213 |
Neighbourhood & location
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 October 19, 2026); conventional rates run a little higher.
Mortgage amount $791,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,375
- Property tax
- $327
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,702
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,255
- Toronto municipal land transfer tax
- $16,255
- Estimated closing costs
- $32,510
Plus your down payment of $197,800. 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
- $262,481
- Principal paid down
- $96,670
- Interest paid
- $165,811
- Balance remaining
- $694,530
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 Danforth Village-East York (7 of 44 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 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 18 whole-home leases in Danforth Village-East York signed at a median of $4,447 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,448. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.