454 Donlands Avenue
Toronto E03, ON
- 3 bed
- 8 bath
- approx. 2000-2500 sqft
- Multiplex
This meticulously maintained 2-storey multiplex offers a flexible layout of separate self-contained living spaces across three levels, each with its own kitchen and entrance access - ideal for investors, multi-generational families, or owner-occupiers looking to offset their mortgage with rental income. With 3+ bedrooms, 8 washrooms, and roughly 3,200 sq ft of total living space, this well-built 2001 home was designed for flexible & income-generating use. The main and second floors feature bright, spacious principal rooms, generous closets, a walk-out balcony from the primary bedroom, and a walk-out to a covered front porch, while the lower level offers a separate entrance and two additional bedrooms - perfect for extended family living or as a rented unit. Currently partially tenanted, the property offers immediate holding income with room to lease additional space, giving buyers flexibility to configure the property to suit their own plans. Set on a generous 39.5 x 106.5 ft lot, the property includes a detached 1.5-car garage with potential for additional parking income. Forced air gas heat, central air conditioning, municipal water and sewers, & an owned water heater round out the mechanicals. The property is currently zoned Residential Detached (RD) and fronts Donlands Ave, a City-identified major street; under Toronto's current Major Streets Zoning By-law, qualifying RD-zoned lots on designated major streets may permit small-scale apartment buildings up to six storeys and up to 60 units as-of-right, with significantly reduced parking requirements - a meaningful policy-driven upside for buyers considering redevelopment or intensification, though actual permitted density and unit yield for this specific lot should be independently confirmed with the City and a qualified planner. Steps to Donlands Subway Station on Line 2, with the future Ontario Line's Cosburn Station (Pape & Cosburn) currently under construction.
Listing Details
- Taxes (2026)
- $7,474
- Listed
- September 21, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 2-Storey
- Construction
- Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Water Heater, Other
- Lot Size
- 39.5 x 106.5 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1.5
- Total Parking
- 1.5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Donlands Ave & O'Connor Dr
- Zoning
- 334 - Multiplex
- Parcel Number
- 103800401
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Rental Items
- Hot Water Tank
Schools
Elementary
- William Burgess Elementary School0.5 km
Public · Toronto DSB · 365 students
Grade 3 reading: 60% met the provincial standard
- Holy Cross Catholic School0.6 km
Catholic · Toronto CDSB · 340 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 46% met the provincial standard
- Cosburn Middle School1 km
Public · Toronto DSB · 490 students
Grade 6 math: 43% met the provincial standard
Secondary
- East York Collegiate Institute1.3 km
Public · Toronto DSB · 1090 students
Grade 10 literacy: 83% met the provincial standard
- East York Alternative Secondary School1.5 km
Public · Toronto DSB · 140 students
- Danforth Collegiate Institute and Technical School1.6 km
Public · Toronto DSB · 1500 students
Grade 10 literacy: 78% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M4J
- Population
- 35,128
- Private dwellings
- 15,338
- Median age
- 42
- Average household size
- 2.4
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto E03 · last 12 months
- Median sold price
- $1,097,000
- Homes sold
- 732
- Median days on market
- 14
- Sale-to-list price
- 102.8%
Based on 732 recorded sales of residential freehold properties in Toronto E03 over the last 12 months.
Rooms
3 × 4-piece on Main, 4-piece on Second, 5-piece on Second, 3-piece on Basement, 2 × 4-piece on Basement
Second
- Dining Room18'7" x 14'8"
- Kitchen18'7" x 14'8"
- Living Room18'7" x 14'8"
- Primary Bedroom16'5" x 12'3"
Main
- Dining Room18'1" x 14'8"
- Kitchen9'8" x 6'11"
- Living Room18'1" x 14'8"
- Primary Bedroom11'4" x 9'7"
Basement
- Dining Room19'4" x 14'10"
- Kitchen19'4" x 14'10"
- Living Room19'4" x 14'10"
Listed by
RE/MAX REALTRON REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$279,000
Estimated Monthly Payment
$6,853
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,853/mo (20% down, 5.5%)
Taxes: $623/mo · Insurance: $349/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?