87 Woodmount Avenue, Toronto, ON
Danforth Village-East York, Toronto · MLS® E13841582
About this home
In short
- Beautiful and charming 3 bedroom semi-detached home in the heart of East York.
- Lovingly cared for by the same owner for 25 years on a picturesque tree-lined street.
- 5 mins walk to Woodbine subway station and Danforth shops, restaurants, and cafes.
Beautiful and charming 3 bedroom semi-detached home in the heart of East York. Lovingly cared for by the same owner for 25 years on a picturesque tree-lined street. Generously-sized principal rooms with an abundance of light and airiness. Spacious high-ceilinged basement ready for your imagination and creation. This home is waiting for a new family to embrace and enjoy all it has to offer. 5 mins walk to Woodbine subway station and Danforth shops, restaurants, and cafes. Numerous parks and farmer's markets in easy walking distance. Parking via mutual drive for small car (seller parked her Honda Civic at the back).
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13841582
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 18 × 100 ft
- Cross streets
- Danforth and Woodbine
- Parking
- 1 parking
- Driveway
- Mutual
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Brick
- Roof
- Asphalt Shingle, Membrane
- Sewer
- Sewer
- Property tax
- $5,034 / 2026
- Listing brokerage
- ROYAL LEPAGE ESTATE REALTY
Listed at $918,000. Going by how homes in Danforth and the wider GTA have actually closed against their asking prices (about 99%, 14 local closings in 90 days), the likely sale price is near $912K, if it sells. A realistic range is $855K to $1.03M.
Independent value check: $1.01M. Without looking at the asking price, our model values the home itself about 10% above the ask (homes like it typically land between $945K and $1.06M).
Why $1.01M. The typical semi-detached home sold in Danforth over the past year went for about $1.10M (71 sales). What sets this one apart:
- ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $5,034 a year; the typical home sold here pays about $4,800.
Total price vs nearby homes. Likely closing about $912K, from 14 recent closings in this pocket.
The market behind the math:
About 1.3 months of inventory: 6 semi-detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $706/sqft against an area asking average of $906/sqft.
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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.02M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 14 comparable homes that sold in Danforth over the past two years, from 104 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $1.01M, which is where my estimate comes from.
Per square foot, these ask about $956/sqft; this home lists at $706/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Danforth Village-East York, 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 $734,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,061
- Property tax
- $420
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,480
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,835
- Toronto municipal land transfer tax
- $14,835
- Estimated closing costs
- $29,670
Plus your down payment of $183,600. 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
- $243,637
- Principal paid down
- $89,730
- Interest paid
- $153,907
- Balance remaining
- $644,670
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 numbersThe last 17 whole-home leases in Danforth signed at a median of $4,132 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,100. 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 ROYAL LEPAGE ESTATE REALTY. MLS®/PropTx.