For Sale
Open House Sat 18–20
40 Leroy Avenue
Danforth Village-East York, Toronto, ON
$1,225,000
3+1Bd
2Ba
1,300+sqft
4Parking
30.04 x 100.12 ftlot
$942/sqft
DetachedMLS# E13115206Listed 2026-05-1226 DOM
Heating
Water Heater
Cooling
Central Air
Basement
Finished
About this home
Your Turnkey Opportunity Awaits! This detached East York residence has been meticulously transformed via a $200K+ "to the studs" renovation. Enjoy peace of mind with 1,200+ sq/ft of total living space featuring new insulation, newer windows, ESA-certified electrical, all-new flooring & appliances. The main level offers a bright, practical front kitchen designed for maximum sunlight. Ideal for downsizers, savvy investors, or "house hacking." The fully finished basement features a separate entrance, 2nd kitchen, bedroom & extra storage space-perfect for an in-law suite, teen retreat, or income potential (Buyer to verify). Set on a rarely available lot, the property boasts fresh sod (front/back), a new privacy fence, and a spacious backyard with a detached garage/workshop offering garden suite potential (Buyer to verify). Nestled among million dollar rebuilds, this home offers incredible value with room for your personal touch. Steps to Danforth, TTC, top schools & DVP.
GarageIn-law Suite
Rooms
Main Floor
| Living Room | 3.23 × 3.27 m | Wood Bay Window Pot Lights |
| Dining Room | 3.30 × 2.92 m | Combined w/Living Wood Pot Lights |
| Kitchen | 3.49 × 2.59 m | Quartz Counter Stainless Steel Appl Backsplash |
| Bedroom 2 | 3.42 × 2.63 m | Hardwood Floor Window Pot Lights |
| Bedroom 3 | 3.09 × 3.21 m | Wood Window Pot Lights |
Basement
| Kitchen | 3.49 × 2.59 m | Vinyl Floor Window |
| Recreation | 3.08 × 3.47 m | Vinyl Floor Pot Lights Window |
| Bedroom 4 | 3.47 × 2.64 m | Vinyl Floor Pot Lights Window |
Other
| Primary Bedroom | 3.57 × 2.96 m | Wood Window Pot Lights |
| Den | 2.20 × 2.60 m | Walk-In Closet(s) Wood Pot Lights |
Features
- Carpet Free
- Floor Drain
- In-Law Suite
- Water Heater
- Landscaped
- Porch
- Finished
- Separate Entrance
- Central Air
- 1 1/2 Storey
Financials
Annual Taxes
$5,881.88
Estimated Rental Income
Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield3.1% – 4.7%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market26 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Our estimate for this home
Estimated range
$1.21M – $1.40M
Mid-point $1.30M · ~$1003/sqft
How this listing compares
$1.21MList · $1.23M$1.40M
Medium confidence·Based on 12 danforth village-east york comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
77
/ 100
Walk Score
Very Walkable
69
/ 100
Transit Score
Good Transit
61
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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