$1,099,000 - 32 Rosevear Avenue, Danforth
Detached for Sale in Danforth
- MLS Number
- E13148976
- Property Type
- Detached
- Status
- active
- Days on Site
- 27
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Welcome To This Beautifully Transformed Detached Home Tucked Away On A Quiet Street In The Heart Of Crescent Town. Originally Brought In As A Full Renovator's Project, This Home Has Now Been Completely Reimagined With Over $150,000+ In Extensive Upgrades, Turning It Into A Bright, Modern, And Move-In Ready Home! The Home Features A Stunning Brand New Custom Kitchen Complete With Quartz Countertops, Stylish Backsplash, Upgraded Cabinetry, Deep Sink, And Quality Finishes Throughout, Including Brand New Stainless Steel Appliances. The Large Window Facing the Backyard was Recently Done As Well that Radiates Lots of Natural Sunlight Throughout. The House was Freshly Painted, Haas Updated Trims, Pot Lights on Main Level, And Electrical Improvements. Both Bathrooms Have Been Fully Renovated With Updated Vanities, Fixtures, And A Beautifully Finished Shower. Major Mechanical And Structural Improvements Include A New Heat Pump System, New Water Heater, Insulation Upgrades, Sump Pump, Updated Windows, Exterior Brick Improvements, Flat Roof, And added a Basement Retaining Wall-Offering Peace Of Mind For Years To Come. What Truly Sets This Property Apart Is Its Incredible Income And Future Development Potential. The Basement Offers A Separate Walk-Out Entrance With A Newly Made Bathroom on the Lower Level, Making It Ideal For A Potential In-Law Suite Or Rental Unit. The Spacious Backyard Also Presents A Rare Opportunity For A Future Garden Suite/Studio Build (Subject To City Approval)Creating The Potential For Additional Rental Income Or Multi-Generational Living. Rare Find to Fit 6 Cars In Total! You Never Have to Worry about Parking While Hosting Friends & Family! Located Close To Taylor Creek Park, Scenic Walking And Biking Trails, The Danforth's Vibrant Shops And Restaurants, Schools, And Transit, This Home Offers Both Lifestyle And Long Term Upside In One Of Toronto's Growing East End Communities!! Don't Miss Out on This Rare Opportunity!
Estimate your monthly payments for this property
Estimated Payment
$4,861.25/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.
32 Rosevear Avenue, Danforth / East York
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $1570/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 27 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $4,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.