703 Mortimer Avenue, Toronto, ON

Danforth Village-East York, Toronto · MLS® E13866332

$1,150,000
For Sale
Listed 13 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Parking
1100-1500Sq ft

About this home

In short

  • Welcome to 703 Mortimer Ave, a detached home offering 3 bedrooms, 2 bathrooms, a legal front parking pad, and a private backyard retreat, blending character, warmth...
  • It then unfolds into a stunning open-concept living and dining area, beautifully enhanced by pot lights, a fireplace, and elegant French doors that open onto the...
  • On the second level, three inviting bedrooms provide peaceful spaces to unwind, including a spacious primary bedroom with hardwood flooring and a closet, a generous...
  • Hardwood flooring throughout the second level and a beautifully finished 4-piece bathroom complete this refined and comfortable setting.
  • The finished basement expands the home's living space with a multi-purpose recreation room featuring pot lights, a 4-piece bathroom, a laundry and utility area, and...

Welcome to 703 Mortimer Ave, a detached home offering 3 bedrooms, 2 bathrooms, a legal front parking pad, and a private backyard retreat, blending character, warmth, and elegant updates into a truly move-in-ready residence.The main floor welcomes you with a front office featuring a large window and closet, making it an ideal space to work from home. It then unfolds into a stunning open-concept living and dining area, beautifully enhanced by pot lights, a fireplace, and elegant French doors that open onto the patio, creating a harmonious connection between indoor comfort and outdoor serenity. The modern kitchen features a large centre island, stainless steel appliances, and ample workspace.On the second level, three inviting bedrooms provide peaceful spaces to unwind, including a spacious primary bedroom with hardwood flooring and a closet, a generous second bedroom with a large window and closet, and a versatile third bedroom that's optimal as an office or guest room. Hardwood flooring throughout the second level and a beautifully finished 4-piece bathroom complete this refined and comfortable setting.The finished basement expands the home's living space with a multi-purpose recreation room featuring pot lights, a 4-piece bathroom, a laundry and utility area, and ample storage. Step outside into your own private garden escape, where mature trees, a charming patio, a BBQ area, and a garden shed create a setting worthy of long summer evenings and memorable gatherings.Located just steps from TTC, excellent schools, parks, local cafés and restaurants, and only minutes to the Danforth and the Beaches, this delightful home offers the perfect balance of convenience and charm. A place where every chapter begins with "Once upon a time"-and your next one starts here.

Key facts

Property type
Detached, 2-Storey
MLS®
E13866332
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Lot
18.7 × 103.11 ft
Cross streets
Woodbine Ave & Mortimer Ave
Parking
1 parking
Driveway
Front Yard Parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,472 / 2026
Days on market
13
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Dining RoomMain2.59 × 4.12 m

laminate · combined w/living · gas fireplace

RecreationLower5.88 × 4.12 m

hardwood floor · pot lights · above grade window

BedroomSecond3.69 × 2.27 m

hardwood floor · closet · window

KitchenMain3.58 × 4.12 m

laminate · stainless steel appl · centre island

LaundryLower1.88 × 2.10 m

laminate · 4 pc bath

Living RoomMain4.32 × 4.11 m

laminate · french doors · w/o to patio

Primary BedroomSecond3.96 × 3.66 m

hardwood floor · closet · window

BedroomSecond2.54 × 3.13 m

laminate · closet · window

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 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.

What sellers nearby are askingCurrently listed nearby in Danforth Village-East York · asking prices
$996kavg 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 $766/sqft; this home lists at $885/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.15MThis home999k999k990kThis 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
Wexford-Maryvale
$849K
Banbury-Don Mills
$5.50M
Bendale
$900K

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 R H McGregor Elementary School
68%
R H McGregor Elementary SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 68% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
D A Morrison Middle School · Public elementary0.5 km · 79% at standard
Canadian Martyrs Catholic School · Catholic elementary0.7 km · 75% at standard
Gledhill Junior Public School · Public elementary0.8 km · 76% at standard
East York Alternative Secondary School · Public secondary0.8 km
Earl Beatty Junior and Senior Public School · Public elementary0.8 km · 87% at standard
Parkside Elementary School · Public elementary0.8 km · 75% at standard
East York Collegiate Institute · Public secondary1.0 km · 64% at standard
Secord Elementary School · Public elementary1.2 km · 61% at standard
Diefenbaker Elementary School · Public elementary1.2 km · 68% at standard
Earl Haig Public School · Public elementary1.3 km · 62% at standard
William J McCordic School · Public elementary1.4 km
St Nicholas Catholic School · Catholic elementary1.5 km · 61% at standard

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

Affordability & Mortgage

Affordability
$5,241/mo
$214KIncome needed
5.4×Price ÷ income
$1,210Weekly cost
$38,950Land 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.

93%mortgage
Mortgage $5,241Property tax $373Total carry $5,614

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)
$5,087per month

Mortgage amount $920,000 · 4.49% over 25 years

$230,000Down payment (20.0%)
$920,000Loan before insurance
$0CMHC premium
$5,460Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,087
Property tax
$373
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,460

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

One-time closing costs

Ontario land transfer tax
$19,475
Toronto municipal land transfer tax
$19,475
Estimated closing costs
$38,950

Plus your down payment of $230,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,157/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

$606,051Total interest paid
$1,526,051Total of all payments
Principal $920,000 Interest $606,051
YearPrincipalInterestBalance
1$20,530$40,512$899,470
2$21,463$39,579$878,007
3$22,437$38,605$855,570
4$23,456$37,586$832,114
5$24,521$36,521$807,593
6$25,634$35,408$781,959
7$26,798$34,244$755,161
8$28,015$33,027$727,146
9$29,287$31,755$697,859
10$30,617$30,425$667,242
11$32,007$29,035$635,236
12$33,460$27,582$601,776
13$34,979$26,063$566,797
14$36,567$24,475$530,229
15$38,228$22,814$492,002
16$39,963$21,079$452,038
17$41,778$19,264$410,261
18$43,675$17,367$366,586
19$45,658$15,384$320,928
20$47,731$13,311$273,197
21$49,898$11,144$223,300
22$52,163$8,879$171,136
23$54,532$6,510$116,604
24$57,008$4,034$59,596
25$59,596$1,446$0

At the end of your 5-year term

Total paid over the term
$305,210
Principal paid down
$112,407
Interest paid
$192,803
Balance remaining
$807,593

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$2,300/mo
$27,600Gross annual rent
1.6%Cap rate after taxes and upkeep

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.

2.4%
Gross yield
− Property tax $4,472− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,692

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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