40 Leroy Avenue
Danforth Village-East York, Toronto
$1,099,000
An East York gem and a great deal! Beautifully renovated in 2026 with all-new appliances-just move in. This detached home sits on a street of luxury properties with a rare 30.04 x 100.13 ft lot and 1,200+ sq. ft. of total living space. The main level features a sun-filled front kitchen with large bay windows. Downstairs, a bright finished basement boasts high ceilings (no ducking required!), a separate entrance, 2nd kitchen, bedroom, and storage-ideal for in-law or income potential (buyer to verify). Enjoy a private fenced yard, driveway, and detached garage with garden suite potential (buyer to verify). Prime location near Danforth, TTC, top schools, and DVP. Ideal for downsizers, investors, or co-living!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,882 |
| Lot Size | 30.04 ft x 100.12 ft |
| mls© Number | E13671958 |
| Listed By | ROYAL LEPAGE TERREQUITY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,625
- Property tax
- $490
- Heat allowance
- $150
- Housing costs
- $6,265 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$193,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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