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New3 hours ago

703 Mortimer Avenue

Danforth Village-East York, Toronto

$949,000

Detached|2-Storey
3 | 2 | 1
About this home

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.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,472
Lot Size18.7 ft x 103.11 ft
mls© NumberE13818968
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,857
Property tax
$373
Heat allowance
$150
Housing costs
$5,380 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $189,800
25-yr amortization

Income needed

$166,000

gross annual household income

Payment at 4%
$3,994 / mo
Cash down
$189,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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