$1,899,000 - 74 Nealon Avenue, Danforth
Detached for Sale in Danforth
57 days on market- MLS Number
- E13018838
- Property Type
- Detached
- Status
- active
- Days on Site
- 57
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
74 Nealon Avenue is a beautifully reimagined home, thoughtfully renovated with exceptional attention to detail and a true sense of care throughout. Offering a functional 3+1-bedroom, 3-bathroom layout, this home blends warmth, quality, and everyday livability.The main floor is both spacious and inviting, featuring rich hardwood floors, large picture windows that fill the space with natural light, and a layout designed for modern family living. At the heart of the home is a stunning kitchen with custom cabinetry, quartz countertops, high-end stainless-steel appliances, and a walk-out to the garden, ideal for both entertaining and everyday living.Upstairs, the primary suite offers a calm retreat with a walk-in closet and a spa-inspired 4-piece ensuite. Two additional generously sized bedrooms and a well-appointed family bathroom complete the second level.The finished basement features impressive ceiling height, radiant floor heating, and offers exceptional versatility, with a spacious family room, an additional bedroom, and a full bathroom, ideal for extended family, guests, or a home office.Outside, the deep 130-foot backyard provides a private setting with excellent potential for a future garden suite. The home also includes legal front pad parking.Set on a quiet, tree-lined street in a well-established, family-friendly community, this location offers the perfect balance of neighbourhood charm and urban convenience. Just a 10-minute walk to Chester Station and close to the Danforth's vibrant shops, cafés, and restaurants. Easy access to the DVP and Gardiner makes commuting seamless.A beautifully finished home offering exceptional space, functionality, and a highly desirable east-end lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$8,399.92/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.
74 Nealon 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 $1266/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.
Negotiation Opportunity
At 57 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 3 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 $7,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.