$1,099,900 - 79 Meighen Avenue, Danforth
Detached for Sale in Danforth
- MLS Number
- E13156278
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Why settle when you can truly have it ALL!? Welcome to 79 Meighen Ave! From the moment you step onto the sun filled front porch to the second you walk through the double French doors into your backyard Oasis, you will appreciate every inch of this beautifully renovated & one of a kind home. Gleaming Hardwood floors across the entire updated and freshly painted main level pairs with vibrance from the natural sunlight flooding through. The open concept, modern kitchen featuring stainless steel appliances and gas range is sure to impress! The main floor also boasts an upscale gas fireplace, large open concept living/dining area and a tranquil 2 piece bath. The open, airy main floor family room leads to your own personal Vacation Hideaway with a true indoor-outdoor combo space perfect for entertaining. Featuring a HUGE 3 tier deck, multiple seating areas & Gas BBQ hook-up, you will never get tired of relaxing in this peaceful urban retreat that's almost unheard of in the city. Upstairs features an X-large Primary bedroom, 2 very good sized children's rooms; all featuring custom built-in closets and a reno'd luxurious 5 piece bath. The lower level features another reno'd bath, additional bedroom with W/I closet and the perfect rec room for family movie night with built in surround sound. Centrally located just steps to transit (including 24 hour service), Taylor Creek, Donora Park, any and all amenities a family could ever need, boutique shops in East York, all Danforth has to offer, only 6 minute drive to Danforth GO, great schools, family friendly entertainment, all different places of worship and just a short drive to the beach. Boasting over 2,000 sq. ft. of total living space, surrounded by multi-million dollar homes lush green spaces, this spectacular home in this family friendly community is the dream for anyone seeking fast and easy access to downtown while still being able to enjoy their own private & peaceful retreat right in the heart of the city.
Estimate your monthly payments for this property
Estimated Payment
$4,865.23/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.
79 Meighen Avenue, Danforth / East York
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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
Fair Market Value
At $1000/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.
Market Position
At 25 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.
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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.