$939,000 - 294 Cedarvale Avenue, Danforth
Detached for Sale in Danforth
- MLS Number
- E13141640
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- KELLER WILLIAMS ADVANTAGE REALTY
Welcome To This Beautifully Renovated, Fully Detached 2-Storey Home - A Perfect Opportunity For First-Time Buyers, Downsizers And Young Families Alike. Thoughtfully Updated With Exceptional Attention To Detail, This Move-In-Ready Gem Offers Stylish Modern Living On A Quiet, Family-Friendly Street.The Bright, Open-Concept Main Floor Is Filled With Natural Light And Designed For Both Everyday Comfort And Effortless Entertaining. Brand New Hardwood Floors Add Warmth Throughout The Space, While Sliding Doors Bring A Sleek, Contemporary Touch. A Rare Main-Floor Powder Room And Functional Mudroom Add Convenience, While The Rear Addition Creates An Impressive Eat-In Kitchen With Generous Space For Hosting And Everyday Living. Walk Out From The Kitchen To A Private, Fully Fenced Backyard Featuring A Brand New Deck - Perfect For Summer BBQs, Family Time, And Outdoor Entertaining.Upstairs, The Generous Primary Bedroom Comfortably Fits A King-Sized Bed And Features Custom Closet Organizers. The Beautifully Finished Bathroom, Complete With A Skylight, Adds A Touch Of Luxury And Warmth.Situated In One Of The City's Most Vibrant Neighbourhoods, You're Just Steps To Trendy Local Shops, Cafés, And The Danforth, With Easy Access To The Subway And GO Train. Enjoy The Natural Beauty Of Taylor Creek Park With Its Scenic Trails For Jogging And Biking, Or Take A Short Trip To The Beach For Relaxing Sunset Walks Along The Boardwalk. Offering The Perfect Blend Of Style, Comfort, And Community, This Is A Home You Won't Want To Miss.
Estimate your monthly payments for this property
Estimated Payment
$4,817.56/mo
Includes CMHC insurance ($26,198)
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.
294 Cedarvale 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
Premium Pricing
At $1341/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 28 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 $3,913 (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.