$1,649,999 - 257 Chisholm Avenue, Danforth
Detached for Sale in Danforth
98 days on market- MLS Number
- E12867014
- Property Type
- Detached
- Status
- active
- Days on Site
- 98
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- ANCHOR NEW HOMES INC.
Welcome to this beautifully designed modern detached home with a legal basement suite, offering over. 3,200 sq.ft. of luxurious living space (incl. bsmt) in one of East York's desirable neighbourhoods! Set on a generous lot with private parking, this 3+1 bed, 4 bath home blends contemporary design with everyday functionality. The open-concept main floor showcases wide-plank engineered hardwood floors, pot lighting throughout, and a roughed-in surround sound system. A sophisticated smart home setup with 3 cameras & video doorbell provides modern convenience and peace of mind.The dining area flows into a chef's kitchen featuring s/s appliances, 6-burner gas stovetop with pot filler, waterfall quartz island, custom countertops & sleek cabinetry - perfect for entertaining. The family room offers a gas fireplace feature wall, large windows & walk-out to the backyard deck. The living room is enhanced by a beautifully designed staircase with striking custom wall paneling, creating a sophisticated focal point.The oak staircase with glass railing is accented by a floor-to-ceiling feature wall & two skylights above, flooding the space with natural light. Upstairs, three additional skylights create an airy, sun-filled atmosphere. The serene primary suite features custom closets, acoustic wood paneling, skylight w/ roof access & a spa-inspired 5-pc ensuite with soaker tub & double vanity. A stylish 2nd bath & laundry area complete this level.The legal basement suite offers high ceilings, large windows, a modern kitchen w/ s/s appliances & breakfast bar, sep. entrance, in-suite laundry & dedicated hydro meter - ideal for rental income or extended family. Outside features a private backyard w/ deck, BBQ hookup & shed, plus potential for a future garden suite (City services in place). Near parks, schools, shops, TTC/GO, DVP & downtown. A contemporary East York gem blending luxury, functionality & timeless design - ready to be yours!
Estimate your monthly payments for this property
Estimated Payment
$7,298.50/mo
5-yr fixed avg.
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.
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
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.
257 Chisholm Avenue, Danforth / East York
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $825/sqft, this property is priced in line with current Danforth market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 98 days on site, this property has exceeded the typical selling timeline for Danforth. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Danforth. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $6,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.