701 Greenwood Avenue, Toronto, ON
Danforth, Toronto · MLS® E14031320
About this home
In short
- Welcome to 701 Greenwood Avenue.
- Perfectly anchored steps from the Danforth and everything happening along this stretch, a four-minute walk to Greenwood Subway Station, and a short stroll to Monarch...
- Large bedrooms, 2nd floor laundry, an abundance of storage and independent air conditioning in each bedroom that can accommodate everyone's temperature preferences.
Welcome to 701 Greenwood Avenue. This surprisingly expansive three-bedroom home in the heart of Danforth Village effortlessly combines the character of the East End with the kind of floor plan that doesn't require you to minimize your lifestyle. Perfectly anchored steps from the Danforth and everything happening along this stretch, a four-minute walk to Greenwood Subway Station, and a short stroll to Monarch Park, it is a sophisticated, convenient package that proves you can, in fact, have it all in Toronto without compromise. This splendid offering adds bonuses to the already ticked boxes. Classy, contemporary updates throughout with a finished third floor attic and the potential for an expansive rooftop deck. From the unexpected entryway mudroom that allows breathing room before entering the main living space, to the rare, tucked-away and discreet powder room to the detached garage and parking, this home has many hidden treasures to discover! Large bedrooms, 2nd floor laundry, an abundance of storage and independent air conditioning in each bedroom that can accommodate everyone's temperature preferences. Added to all of this is the ability to revert the lower level back to an apartment or nanny suite. The current owners finished it to their liking while keeping everything intact. We are confident this property will impress and invite you to see for yourself so let us know if you agree!
Key facts
- Property type
- Semi-Detached, 2 1/2 Storey
- MLS®
- E14031320
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 19.75 × 100 ft
- Cross streets
- Greenwood & Danforth
- Parking
- 1 garage (detached)
- Driveway
- Lane
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air, Wall Unit(s)
- Exterior
- Brick, Vinyl Siding
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,716 / 2026
- Days on market
- 5
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
casement windows · overlooks backyard
walk-in closet(s) · b/i closet · hardwood floor
2 pc bath · hardwood floor · open concept
cedar closet(s) · large window · hardwood floor
w/o to roof · cathedral ceiling(s) · hardwood floor
balcony · brick fireplace · cedar closet(s)
walk-in closet(s) · window · hardwood floor
fireplace · casement windows · hardwood floor
3 pc bath · combined w/office · stainless steel sink
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 readOn schools, this address is zoned for Earl Beatty Junior and Senior Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market.
Per square foot, these ask about $881/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Danforth, Toronto, ON
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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 $799,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,419
- Property tax
- $476
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,895
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Toronto municipal land transfer tax
- $16,455
- Estimated closing costs
- $32,910
Plus your down payment of $199,800. 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
- $265,135
- Principal paid down
- $97,647
- Interest paid
- $167,487
- Balance remaining
- $701,553
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.