248 Westwood Avenue, Toronto, ON

Danforth Village-East York, Toronto · MLS® E13842566

$879,000
For Sale
Listed 19 days agoNo offer date stated
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2+2Bedrooms
2Bathrooms
1Parking
700-1100Sq ft

About this home

In short

  • Welcome To 248 Westwood Avenue, Ideally Located In A Prime Area of Danforth Village On One Of East York's Most Desirable Streets.
  • Set On A 25-By-110-Foot Lot With A Detached Single-Car Garage, This Classic Bungalow Has Remained In The Same Family For All Of Its 85 Years And Is Now Ready For A...
  • It Offers Outstanding Potential For First-Time Buyers, Renovators, Contractors, And Skilled Handypersons In A Neighbourhood Known For High-End Renovations, Second...
  • At 888 Square Feet, It Is One Of The Area's Largest Original Bungalow Layouts.
  • The Main Floor Features Spacious Open-Concept Living And Dining Areas, An Updated Eat-In Kitchen, Two Bedrooms (Including The Primary Bedroom With A Walkout To The...

Welcome To 248 Westwood Avenue, Ideally Located In A Prime Area of Danforth Village On One Of East York's Most Desirable Streets. Set On A 25-By-110-Foot Lot With A Detached Single-Car Garage, This Classic Bungalow Has Remained In The Same Family For All Of Its 85 Years And Is Now Ready For A New Chapter. It Offers Outstanding Potential For First-Time Buyers, Renovators, Contractors, And Skilled Handypersons In A Neighbourhood Known For High-End Renovations, Second Story Additions And New Builds. At 888 Square Feet, It Is One Of The Area's Largest Original Bungalow Layouts. The Main Floor Features Spacious Open-Concept Living And Dining Areas, An Updated Eat-In Kitchen, Two Bedrooms (Including The Primary Bedroom With A Walkout To The Backyard Deck) And A Four-Piece Bathroom With Whirlpool Tub. A Separate Side Entrance Leads To The Lower Level That Includes A Large Recreation Room With A Gas Fireplace, Another Four-Piece Bathroom With A Separate Shower And Large Double Whirlpool Tub, A Laundry Room, And Two Additional Rooms/Bedrooms. The Layout Offers Strong Potential For An In-Law Suite Or Separate Apartment. It's All About Location Location And This Home Has It, Just Two Blocks From The Future Ontario Line, Minutes To The DVP, Convenient Access To Downtown, Public Transit And The Vibrant Shops, Cafés, And Restaurants Along Pape Avenue And The Danforth. It Also Boasts An Excellent Walk Score, With Elementary, Middle & High Schools Near By, Four Parks And Numerous Recreation Facilities All Within A 20-Minute Walk, In A Neighbourhood That Continues To Appreciate In Value. Whether You Are Seeking Your First Detached Home, Downsizing Without Sacrificing Space, Planning To Personalize A Property Over Time, Or Looking For A Prime Lot And Home To Reimagine, 248 Westwood Avenue Is A Rare And Exciting Opportunity.

Key facts

Property type
Detached, Bungalow
MLS®
E13842566
Bedrooms
2+2 (4 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
25.03 × 110.14 ft
Cross streets
Mortimer & Pape
Parking
1 parking
Driveway
Mutual, Street Only
Basement
Separate Entrance, Development Potential, Partially Finished
Heating
Radiant
A/C
Window Unit(s)
Exterior
Brick, Stone
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,067 / 2025
Days on market
19
Listing brokerage
SUTTON GROUP-HERITAGE REALTY INC.

Rooms

Family RoomBasement5.58 × 3.26 m

gas fireplace · hardwood floor · separate room

BathroomBasement3.30 × 3.00 m

separate shower · ceramic floor · 4 pc bath

Living RoomGround4.17 × 3.90 m

hardwood floor · bay window · fireplace

Bedroom 2Ground3.60 × 2.86 m

hardwood floor · closet · w/o to deck

BathroomGround2.50 × 1.80 m

whirlpool · ceramic floor · 4 pc bath

Bedroom 4Basement3.94 × 2.00 m

pot lights · window

FoyerGround2.64 × 2.11 m

closet · tile floor

LaundryBasement1.75 × 1.67 m

partly finished · laundry sink

Dining RoomGround3.14 × 3.11 m

hardwood floor · wainscoting · open concept

Bedroom 3Basement5.32 × 3.20 m

pot lights · window

KitchenGround4.78 × 2.64 m

ceramic floor · eat-in kitchen · pantry

Primary BedroomGround3.72 × 2.77 m

hardwood floor · closet · ceiling fan(s)

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

The assigned public school is Westwood Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Danforth Village-East York · asking prices
$872kavg asking

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 $969/sqft; this home lists at $977/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
879kThis home989k800k699k999kThis home vs active comparables

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.

Woodbine-Lumsden
$949K
Leaside
$2.15M
Banbury-Don Mills
$5.50M
Dovercourt-Wallace Emerson-Junction
$1.25M
Wexford-Maryvale
$849K

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 Westwood Middle School
70%
Westwood Middle SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 70% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Chester Elementary School · Public elementary0.5 km · 70% at standard
William Burgess Elementary School · Public elementary0.6 km · 59% at standard
Wilkinson Junior Public School · Public elementary0.9 km · 86% at standard
Jackman Avenue Junior Public School · Public elementary1.0 km · 79% at standard
Danforth Collegiate Institute and Technical School · Public secondary1.0 km · 66% at standard
Holy Name Catholic School · Catholic elementary1.1 km · 80% at standard
Kapapamahchakwew - Wandering Spirit Scho · Public secondary1.1 km
Kapapamahchakwew - Wandering Spirit Scho Junior Senior · Public elementary1.1 km · 36% at standard
Subway Academy I · Public secondary1.2 km
Frankland Community School Junior · Public elementary1.2 km · 87% at standard
Earl Grey Senior Public School · Public elementary1.2 km
Cosburn Middle School · Public elementary1.4 km · 68% at standard

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

Affordability & Mortgage

Affordability
$4,006/mo
$170KIncome needed
5.2×Price ÷ income
$925Weekly cost
$28,110Land 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.

90%mortgage
Mortgage $4,006Property tax $422Total carry $4,428

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,888per month

Mortgage amount $703,200 · 4.49% over 25 years

$175,800Down payment (20.0%)
$703,200Loan before insurance
$0CMHC premium
$4,310Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,888
Property tax
$422
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,310

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

One-time closing costs

Ontario land transfer tax
$14,055
Toronto municipal land transfer tax
$14,055
Estimated closing costs
$28,110

Plus your down payment of $175,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,706/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

$463,234Total interest paid
$1,166,434Total of all payments
Principal $703,200 Interest $463,234
YearPrincipalInterestBalance
1$15,692$30,965$687,508
2$16,405$30,252$671,103
3$17,150$29,508$653,953
4$17,928$28,729$636,024
5$18,742$27,915$617,282
6$19,593$27,064$597,688
7$20,483$26,174$577,205
8$21,413$25,244$555,792
9$22,385$24,272$533,407
10$23,402$23,256$510,005
11$24,464$22,193$485,541
12$25,575$21,082$459,966
13$26,736$19,921$433,230
14$27,950$18,707$405,280
15$29,219$17,438$376,060
16$30,546$16,111$345,515
17$31,933$14,725$313,582
18$33,383$13,275$280,199
19$34,898$11,759$245,301
20$36,483$10,174$208,818
21$38,139$8,518$170,678
22$39,871$6,786$130,807
23$41,681$4,976$89,126
24$43,574$3,084$45,552
25$45,552$1,105$0

At the end of your 5-year term

Total paid over the term
$233,287
Principal paid down
$85,918
Interest paid
$147,369
Balance remaining
$617,282

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$1,450/mo
$17,400Gross annual rent
1.0%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.

2.0%
Gross yield
− Property tax $5,067− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,019

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

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