2055 Danforth Ave #404, Toronto

Name: 2055 Danforth Avenue, Unit 404
SKU: E13795742
Price: 670000 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Toronto

Unit 404 at 2055 Danforth Avenue

Welcome to 2055 Danforth Ave., Unit 404, where vibrant city living meets comfort and convenience in the heart of the Danforth! This spacious and well-maintained 2-bedroom, 2-bathroom suite offers a functional layout and a welcoming atmosphere, perfect for first-time buyers, downsizers, or investors. Enjoy the energy and charm of the Danforth community, with an excellent selection of restaurants, cafés, shops, and everyday amenities just steps away. Ideally located at Woodbine & Danforth, with easy access to transit and just minutes from the beautiful Toronto Beaches. Residents also enjoy fantastic building amenities, including a gym, party room, welcoming lobby, and more. A wonderful opportunity to own in one of Toronto's vibrant and connected neighbourhoods!

2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $957 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 2055 Danforth Ave #404

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 700-799 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

2055 Danforth Ave #404 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 12, 2026For saleListedThis listingMLS® E13795742$670,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 2055 Danforth Ave #404 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Above Market· based on 16,043 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $844,900
Average sold price: $1,085,898
Average days on market: 32
Homes sold: 9,125

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$844,900Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5194.5%On average, homes sold at or above asking.
Active listings11,931Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 12 – Aug 10, 2026: prices up.

Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 404 — 2055 Danforth Avenue 2 bd · 2 ba · 700 sqft	$670,000asking	$957	—	—
39 Queens Quay 1 bd · 2 ba · 700 sqft
150 Logan Avenue 3 bd · 2 ba · 1,000 sqft
100 Dalhousie Street 2 bd · 2 ba · 800 sqft
27 Bathurst Street 2 bd · 2 ba · 600 sqft
85 Skymark Drive 1 bd · 1 ba · 1,400 sqft
399 Spring Garden Avenue 1 bd · 1 ba · 500 sqft

39 Queens Quay
1 bd · 2 ba · 700 sqft
150 Logan Avenue
3 bd · 2 ba · 1,000 sqft
100 Dalhousie Street
2 bd · 2 ba · 800 sqft
27 Bathurst Street
2 bd · 2 ba · 600 sqft
85 Skymark Drive
1 bd · 1 ba · 1,400 sqft
399 Spring Garden Avenue
1 bd · 1 ba · 500 sqft

More in this building

2 for sale · 2 for rent at 2055 Danforth Ave — plus its sale and lease history.

See all of 2055 Danforth Ave

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Woodbine StationLine 2150 m2 min walk
Coxwell StationLine 2780 m10 min walk
Main Street StationLine 21.0 km13 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Woodbine Station (Line 2)2 min walk
Coxwell Station (Line 2)10 min walk
Main Street Station (Line 2)13 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Woodbine Station
150 m2 minClosest· Line 2
Homes near Woodbine Station
Coxwell Station
780 m10 min· Line 2
Homes near Coxwell Station
Main Street Station
1.0 km13 min· Line 2
Homes near Main Street Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 2055 Danforth Ave #404. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 2055 Danforth Ave #404

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,292; 20% down · 25 years · 5.5% assumed
Property tax: $369; 0.66% mill rate · ON
Total per month: $3,661; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,292

/mo

based on the purchase price of $670,000

Down payment20%

$134,000 cash

Amortization25 yr

$536,000 financed

Rate5.50%

$451,453 total interest

Principal54%$536,000

Interest46%$451,453

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 2055 Danforth Ave #404 with a licensed buyer's agent

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Questions About 2055 Danforth Ave #404

How much is 2055 Danforth Ave #404 listed for?

2055 Danforth Ave #404 is listed at $670,000 (MLS® E13795742). Summitly updates the price as soon as the MLS® record changes.

Is $670,000 a good price for 2055 Danforth Ave #404?

Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 2055 Danforth Ave #404 changed?

No — 2055 Danforth Ave #404 is still listed at its original asking price of $670,000.

How many bedrooms and bathrooms does 2055 Danforth Ave #404 have?

2055 Danforth Ave #404 has 2 bedrooms and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Toronto.

Is 2055 Danforth Ave #404 close to transit?

The nearest rapid-transit station is Woodbine Station (Line 2), about 150 m (about a 2-minute walk) in a straight line. Coxwell Station is about 780 m (about a 10-minute walk), and Main Street Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 2055 Danforth Ave #404?

About $3,292 a month — principal and interest on $670,000 with 20% down ($134,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 2055 Danforth Ave #404 compare with other homes in Toronto?

Its asking price of $670,000 is about 21% below the median sold price in Toronto over the last 90 days, $844,900, across 9,125 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 2055 Danforth Ave #404 been sold before?

Summitly has no earlier MLS® sale or lease of 2055 Danforth Ave #404 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 2055 Danforth Ave #404?

2055 Danforth Ave #404 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 2055 Danforth Ave #404 been on the market?

57 days — 2055 Danforth Ave #404 was listed on September 12, 2026.

What is the price per square foot of 2055 Danforth Ave #404?

About $839 to $957 per square foot: the asking price of $670,000 over the 700–799 sq ft the listing gives as its size range.

Does 2055 Danforth Ave #404 have a basement, and is it finished?

The listing says 2055 Danforth Ave #404 has no basement.

What you should know