287 Glebemount Avenue, Toronto, ON

Danforth Village-East York, Toronto · MLS® E13842488

$1,350,000
For Sale
Listed 19 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Parking
2000-2500Sq ft

About this home

In short

  • Welcome To Luxury Living In The Heart Of Danforth Village East.
  • This Stunning Semi-Detached Home, Ideally Situated On A Corner Lot, Offers An Exceptional Blend Of Modern Elegance, Generous Space, And Outstanding Functionality.
  • Featuring 4+1 Bedrooms And 5 Bathrooms, This Beautifully Finished Residence Is Thoughtfully Designed For Comfortable Family Living And Effortless Entertaining.
  • The Bright And Spacious Open-Concept Main Level Features High-End Finishes, Generous Living And Dining Areas, And A Contemporary Kitchen Designed For Both Everyday...
  • The Fully Finished One-Bedroom Basement Apartment With A Separate Entrance Provides Incredible Versatility-Perfect For Extended Family, Guests, A Private Home Office...

Welcome To Luxury Living In The Heart Of Danforth Village East! This Stunning Semi-Detached Home, Ideally Situated On A Corner Lot, Offers An Exceptional Blend Of Modern Elegance, Generous Space, And Outstanding Functionality. Featuring 4+1 Bedrooms And 5 Bathrooms, This Beautifully Finished Residence Is Thoughtfully Designed For Comfortable Family Living And Effortless Entertaining. The Bright And Spacious Open-Concept Main Level Features High-End Finishes, Generous Living And Dining Areas, And A Contemporary Kitchen Designed For Both Everyday Living And Entertaining. Abundant Natural Light Fills The Home Through Large Windows And Three Skylights Thoughtfully Positioned Throughout, Creating A Bright, Airy, And Welcoming Atmosphere. The Spacious Bedrooms Offer Comfort And Privacy For The Entire Family, While The Primary Suite Provides A Luxurious Retreat With A Serene And Inviting Feel. The Fully Finished One-Bedroom Basement Apartment With A Separate Entrance Provides Incredible Versatility-Perfect For Extended Family, Guests, A Private Home Office, Or Potential Rental Income. A Rough-In Laundry Room In The Basement Adds Further Convenience And Flexibility For Future Use. Located In Desirable Danforth Village East, With Vibrant Shops, Restaurants, Cafes, Parks, Schools, And Transit All Nearby, Plus Convenient Access To Everything This Sought-After East-End Neighbourhood Has To Offer. A Rare Opportunity To Own A Sophisticated, Spacious, And Versatile Home In Danforth Village East. Modern Luxury, Exceptional Space, And Income Potential-All In One Remarkable Property.

Key facts

Property type
Semi-Detached, 3-Storey
MLS®
E13842488
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
2000-2500 sq ft
Lot
17.5 × 100 ft
Cross streets
Coxwell & Cosburn
Parking
2 parking
Basement
Finished, Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,202 / 2025
Days on market
19
Listing brokerage
ROYAL LEPAGE URBAN REALTY
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 (Parkside Elementary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Danforth Village-East York, 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.

Danforth
$999K
Woodbine Corridor
$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 Parkside Elementary School
75%
Parkside Elementary SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 75% meet the provincial standard
William J McCordic SchoolEQAO results not published
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
East York Alternative Secondary School · Public secondary0.3 km
East York Collegiate Institute · Public secondary0.5 km · 64% at standard
D A Morrison Middle School · Public elementary0.8 km · 79% at standard
R H McGregor Elementary School · Public elementary0.8 km · 68% at standard
Cosburn Middle School · Public elementary0.8 km · 68% at standard
Diefenbaker Elementary School · Public elementary0.8 km · 68% at standard
St Brigid Catholic School · Catholic elementary1.0 km · 76% at standard
Earl Beatty Junior and Senior Public School · Public elementary1.1 km · 87% at standard
Presteign Heights Elementary School · Public elementary1.2 km · 91% at standard
Gledhill Junior Public School · Public elementary1.3 km · 76% at standard
Earl Haig Public School · Public elementary1.6 km · 62% at standard
Secord Elementary School · Public elementary1.6 km · 61% at standard

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

Affordability & Mortgage

Affordability
$6,153/mo
$257KIncome needed
5.3×Price ÷ income
$1,420Weekly cost
$46,950Land 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.

91%mortgage
Mortgage $6,153Property tax $600Total carry $6,753

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)
$5,972per month

Mortgage amount $1,080,000 · 4.49% over 25 years

$270,000Down payment (20.0%)
$1,080,000Loan before insurance
$0CMHC premium
$6,572Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,972
Property tax
$600
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,572

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

One-time closing costs

Ontario land transfer tax
$23,475
Toronto municipal land transfer tax
$23,475
Estimated closing costs
$46,950

Plus your down payment of $270,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,228/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

$711,452Total interest paid
$1,791,452Total of all payments
Principal $1,080,000 Interest $711,452
YearPrincipalInterestBalance
1$24,101$47,557$1,055,899
2$25,195$46,463$1,030,704
3$26,339$45,319$1,004,364
4$27,535$44,123$976,829
5$28,785$42,873$948,044
6$30,092$41,566$917,952
7$31,459$40,199$886,493
8$32,887$38,771$853,606
9$34,380$37,278$819,226
10$35,941$35,717$783,285
11$37,573$34,085$745,711
12$39,279$32,379$706,432
13$41,062$30,596$665,370
14$42,927$28,731$622,443
15$44,876$26,782$577,567
16$46,913$24,745$530,654
17$49,044$22,615$481,610
18$51,270$20,388$430,340
19$53,598$18,060$376,742
20$56,032$15,626$320,710
21$58,576$13,082$262,134
22$61,235$10,423$200,899
23$64,016$7,642$136,883
24$66,922$4,736$69,961
25$69,961$1,697$0

At the end of your 5-year term

Total paid over the term
$358,290
Principal paid down
$131,956
Interest paid
$226,334
Balance remaining
$948,044

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$4,200/mo
$50,400Gross annual rent
2.7%Cap rate after taxes and upkeep

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 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.

3.7%
Gross yield
− Property tax $7,202− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,254

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

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