2 Newman Avenue, Toronto E03

Price: $849,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: E13121966

Welcome to 2 Newman Ave, a beautifully appointed semi-detached residence that blends warmth with refined living. From the moment you arrive, the enclosed front porch offers a charming and private space to enjoy your morning coffee, setting the tone for a home that feels both inviting and thoughtfully curated. Inside, the interiors unfold with an effortless flow, showcasing a renovated kitchen complete with stainless steel appliances and a picturesque window overlooking the backyard-an ideal setting for everyday living and entertaining alike. Every detail reflects pride of ownership, with tasteful upgrades and meticulous maintenance throughout. The two-bedroom, two-bathroom layout is both functional and comfortable, highlighted by elegantly renovated bathrooms, including a luxurious, spa-inspired lower level retreat featuring an oversized soaker tub-perfect for unwinding at the end of the day. Modern conveniences such as energy-efficient upper-level heat pumps ensure optimal comfort year-round, delivering both heating and cooling while supporting lower utility costs and restful sleeping in every season. The backyard offers additional versatility with a newly built shed, ideal as a potential work-from-home studio or creative space. A legal front pad parking space adds everyday ease, while the home's location places you in a vibrant, family-friendly neighbourhood with seamless access to the subway, GO Train, downtown core, and the shops and cafes of the Danforth. Spend weekends cycling to the Beach, strolling the boardwalk, or exploring the boutiques along Queen Street. A truly special opportunity for those seeking a sophisticated yet welcoming place to call home.

2 Newman Avenue - Semi-Detached photo 1 of 25 in Danforth / East York, Ontario
2 Newman Avenue - Semi-Detached photo 2 of 25 in Danforth / East York, Ontario
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$849,000 - 2 Newman Avenue, Danforth

Semi-Detached for Sale in Danforth

34 days on market
2Beds
2Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
E13121966
Property Type
Semi-Detached
Status
active
Days on Site
34
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY
Description

Welcome to 2 Newman Ave, a beautifully appointed semi-detached residence that blends warmth with refined living. From the moment you arrive, the enclosed front porch offers a charming and private space to enjoy your morning coffee, setting the tone for a home that feels both inviting and thoughtfully curated. Inside, the interiors unfold with an effortless flow, showcasing a renovated kitchen complete with stainless steel appliances and a picturesque window overlooking the backyard-an ideal setting for everyday living and entertaining alike. Every detail reflects pride of ownership, with tasteful upgrades and meticulous maintenance throughout. The two-bedroom, two-bathroom layout is both functional and comfortable, highlighted by elegantly renovated bathrooms, including a luxurious, spa-inspired lower level retreat featuring an oversized soaker tub-perfect for unwinding at the end of the day. Modern conveniences such as energy-efficient upper-level heat pumps ensure optimal comfort year-round, delivering both heating and cooling while supporting lower utility costs and restful sleeping in every season. The backyard offers additional versatility with a newly built shed, ideal as a potential work-from-home studio or creative space. A legal front pad parking space adds everyday ease, while the home's location places you in a vibrant, family-friendly neighbourhood with seamless access to the subway, GO Train, downtown core, and the shops and cafes of the Danforth. Spend weekends cycling to the Beach, strolling the boardwalk, or exploring the boutiques along Queen Street. A truly special opportunity for those seeking a sophisticated yet welcoming place to call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,355.81/mo

Includes CMHC insurance ($23,687)

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5-yr fixed avg.

Principal: $764,100Interest: $518,956
Mortgage Amount$787,787
Total Interest$518,956
Est. Property Tax$601/mo
Total Cost$1,306,743

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Danforth / East York

Discover Danforth / East York

Danforth / East York is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Danforth / East York

  • Convenient location in Danforth / East York
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Danforth / East York offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2 Newman Avenue, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$1,622

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1213/sqft, this property is priced above the Danforth average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Danforth are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Danforth properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    2 Newman Avenue, Danforth / Eas… — $849,000 | Battaglia Team