$1,100,000

For sale

85 Dawes Road, Toronto (East End-Danforth) - Single Family for Sale

85 Dawes Road, Toronto (East End-Danforth), Ontario, M4C5B2

4 beds3 baths4 parking1,750 ft²26 × 191 ft (5,012 sq ft) lot sizeListed 86 days ago

Overview

This 4-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $1,100,000, it is attractively priced about 8% below the $1,199,000 median asking price in Toronto.

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Description

Welcome to 85 Dawes Road, a well-loved 4-bedroom, 3-bathroom family home situated on an exceptional 26 x 190 ft lot in Toronto's evolving east end. Offered for the first time in many years, this property presents a rare opportunity to own a substantial parcel of land while enjoying the character and potential of an established residence and garden. The home offers generous living space and a functional layout, providing an excellent foundation for renovation, modernization, or expansion. For those with a longer-term vision, the extraordinary depth of the lot opens the door to a variety of future possibilities, subject to all necessary approvals. Whether you're looking to create your dream home, undertake a thoughtful renovation, invest in a growing neighbourhood, or explore redevelopment opportunities, this property offers the scale and flexibility to bring your plans to life. Ideally located close to transit, schools, parks, shopping, and major commuter routes, 85 Dawes Road benefits from both everyday convenience and the continued growth and investment transforming the surrounding area. Lots of this size and depth are increasingly difficult to find, making this a unique opportunity for end-users, investors, and builders alike. (id:66096)

Property Details

MLS®: E13664294
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 26 × 191 ft (5,012 sq ft)
Frontage: 26 ft
Storeys: 2
Basement: Full, Separate entrance
Heating: Radiant heat, Natural gas
Cooling: Window air conditioner
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $4,811.04/yr

Rooms

Main level

Living room: 3.8 x 4.3 meters
Dining room: 3.1 x 4 meters
Kitchen: 2.5 x 3.1 meters

Lower level

Laundry room: 2.8 x 1.6 meters
Kitchen: 2.7 x 2.5 meters
Recreational, Games room: 2.6 x 8.3 meters

Second level

Primary Bedroom: 2.7 x 3.7 meters
Bedroom 2: 2.7 x 3.7 meters
Bedroom 3: 2.8 x 3.1 meters

Features

Appliances: Garage door opener remote(s)
Foundation: Block, Concrete
Exterior: Brick
Lot Features: Irregular lot size, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Toronto (East End-Danforth) listings, avg age

56d

Price / ft²

$629

List price

$1.10M

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.

Haho

This 4-bed single family in Toronto (East End-Danforth) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · Adam Tillie

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4C)

This home lists at $1,100,000, about 13.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 159% above the area median.

Median household income: $83,000
Population: 46,440
Median age: 40
Owner / renter: 53% / 47%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4C)

$1,100,000· $629/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $85,000

Min 7.73%50%

Mortgage payment$5,627/mo

↳ CMHC premium ($40,600 capitalized)

Property tax (est.)$401/mo

Total monthly$6,028

Cash Needed to Close

Down payment (7.73%)$85,000

Land transfer tax$36,950

Est. closing costs$5,800

Total cash needed$127,750

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