$948,000
Toronto
43 King Edward Avenue, Toronto (Woodbine-Lumsden), Ontario, M4C5J5
This 2-bedroom, 2-bathroom home in Toronto is for sale. Its $948,000 asking price sits right in line with the $949,000 median in Toronto.
**ATTENTION BUILDERS, INVESTORS & END USERS** Welcome to this charming detached home in one of East York's most desirable, family-friendly neighbourhoods - an exceptional opportunity with endless potential. Situated on a generous **25 x 126.54 ft lot**, this well-maintained property offers immediate comfort today and exciting possibilities for the future.Inside, you'll find two bedrooms, a bright open-concept living and dining area, and a generously sized classic kitchen with ample cabinetry and workspace - perfect for everyday living and entertaining. A sun-filled rear sitting area overlooks the backyard, bringing in natural light and offering peaceful views of the outdoor space.Step outside to a deep, private backyard with exciting potential for a future garden suite, creating the opportunity for additional living space or extra income potential (buyer to verify approvals and feasibility). Ideal for summer BBQs, relaxing evenings, or transforming into your own outdoor retreat.Perfectly located just steps to parks, top-rated schools, transit/subway access, and the vibrant shops, cafes, and restaurants of the Danforth, with quick access to downtown and only minutes to Woodbine Beach - offering the perfect blend of city convenience and neighbourhood charm.An outstanding opportunity for builders, investors, and first-time buyers alike. The seller has already initiated preliminary work toward future building approvals, presenting exciting potential for redevelopment into a custom luxury home, with the possibility of a future garden suite - a rare chance to secure a premium lot in a thriving Toronto community. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 176 days on market, against an average age of 43 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Toronto (Woodbine-Lumsden) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $948,000, about 11.4× the local median household income of $83,000.
Carrying it typically needs a household income of about $185,178 (20% down, 25-yr amortization, stress-tested) — roughly 123% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4C)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.