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701 GREENWOOD AVENUE, Toronto (Danforth) — listed at $1,199,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Ground level | 4.49 x 4.95 meters |
| Dining room | Ground level | 4.49 x 4.01 meters |
| Kitchen | Ground level | 2.79 x 4.49 meters |
| Bedroom | Second level | 4.62 x 3.65 meters |
| Bedroom 2 | Second level | 5.13 x 2.92 meters |
| Other | Second level | 1.83 x 2.14 meters |
| Bedroom 3 | Second level | 3.42 x 2.88 meters |
| Loft | Third level | 4.59 x 4.32 meters |
| Recreational, Games room | Lower level | 4.96 x 4.5 meters |
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Danforth) before counting on it.
Is there air conditioning?+
Yes — central air conditioning, wall unit cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,716.47, heating is heat pump, forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 1 space — Detached Garage, Garage.
What makes this a luxury property?+
At $1,199,000, standout features include 3 bathrooms, 1 fireplace. In this price range, expect higher-end finishes — verify during a showing.
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