550 Milverton Boulevard, Toronto, ON
Danforth, Toronto · MLS® E14080168
About this home
In short
- Magnificent on Milverton.
- An open concept main floor with bright, sunny kitchen with lots of storage and walk out to back deck makes this space ideal for both entertaining and family life.
- Generously sized bedrooms, finished basement with tons of storage throughout offer plenty of space for the whole family (and all their things!) to live and grow.
- All this in an unbeatable location just steps to sought after Earl Beatty and Monarch Park schools, TTC, Danforth shops, restaurants, cafes and parks.
Magnificent on Milverton! Welcome to this spacious and fully updated 3 bedroom, 3 bath semi-detached home, nestled on a desireable, tight-knit street where neighbours become friends. An open concept main floor with bright, sunny kitchen with lots of storage and walk out to back deck makes this space ideal for both entertaining and family life. Thoughtful upgrades throughout like main floor powder room, custom built-in storage, crown mouldings and California shutters make this home a rare find. Generously sized bedrooms, finished basement with tons of storage throughout offer plenty of space for the whole family (and all their things!) to live and grow. All this in an unbeatable location just steps to sought after Earl Beatty and Monarch Park schools, TTC, Danforth shops, restaurants, cafes and parks. Experience the best of community living with urban convenience right at your doorstep. Move-in ready and in a location you'd love to call home, this one is not to be missed!
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E14080168
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 17.5 × 116.16 ft
- Cross streets
- Coxwell & Danforth
- Parking
- 1 parking
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle, Membrane
- Sewer
- Sewer
- Property tax
- $5,479 / 2026
- Days on market
- 4
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Rooms
hardwood floor · california shutters · open concept
b/i closet · b/i shelves · 3 pc bath
california shutters · hardwood floor
hardwood floor · open concept
california shutters · large closet · hardwood floor
california shutters · hardwood floor
granite counters · w/o to deck · hardwood floor
Listed at $999,000. Going by how homes in Danforth and the wider GTA have actually closed against their asking prices (about 100%, 15 local closings in 90 days), the likely sale price is near $996K, if it sells. A realistic range is $934K to $1.12M.
Independent value check: $1.15M. Without looking at the asking price, our model values the home itself about 15% above the ask (homes like it typically land between $1.08M and $1.21M).
Why $1.15M. The typical semi-detached home sold in Danforth over the past year went for about $1.16M (43 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $996K, from 15 recent closings in this pocket.
The market behind the math:
About 1 months of inventory: 5 semi-detached homes for sale in the area against 15 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $768/sqft against an area asking average of $916/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 15 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.14M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
On 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.
Based on 31 homes sold on this street over the past two years, from 104 closings in Danforth.
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 $909/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Toronto: $1.12M in September 2026, up 2% from a year ago, on 2,409 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.08M | 252 |
| November 2025 | $1.03M | 207 |
| December 2025 | $967K | 117 |
| January 2026 | $997K | 100 |
| February 2026 | $1.09M | 151 |
| March 2026 | $1.18M | 180 |
| April 2026 | $1.18M | 242 |
| May 2026 | $1.18M | 282 |
| June 2026 | $1.21M | 262 |
| July 2026 | $999K | 237 |
| August 2026 | $970K | 166 |
| September 2026 | $1.12M | 213 |
Neighbourhood & location
Danforth, 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 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
- $457
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,875
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
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 6 whole-home leases in Danforth signed at a median of $4,043 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,105. 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 REAL BROKER ONTARIO LTD.. MLS®/PropTx.