$1,999,999 - 84 Wiley Avenue, Danforth
Detached for Sale in Danforth
79 days on market- MLS Number
- E12933186
- Property Type
- Detached
- Status
- active
- Days on Site
- 79
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- CENTURY 21 PERCY FULTON LTD.
Situated on the prestigious and tightly held Wiley Avenue in East York, this exceptional detached residence offers a rare blend of modern luxury, thoughtful design, and remarkable versatility. Spanning approximately 3,100 square feet of beautifully curated living space, the home features a stunning 3+1 bedroom, 3+1 bathroom main residence, along with a fully self-contained 1-bedroom lower-level suite complete with private entrance and in-suite laundry. Ideal for multi-generational living or premium rental income, the suite can also be seamlessly reintegrated into a single expansive home. A truly standout feature is the Toronto-licensed front parking pad-an exceptional rarity in the area-while still allowing space to enhance the home's curb appeal. Inside, refined elegance defines the main level with soaring 10-foot ceilings, a cozy fireplace, and a seamless open-concept layout designed for both entertaining and everyday living. The chef-inspired kitchen showcases built-in dual ovens, premium appliances, and abundant storage. Elevated finishes include heated floors, staircase accent lighting, a stylish entertainer's bar, remote skylight blinds, and a luxurious primary suite with a dedicated dressing area. Outdoor spaces are equally impressive, featuring a low-maintenance fenced yard with turf, a spacious deck, and a charming covered front porch. Set in one of East York's most desirable neighborhoods, just steps to schools, parks, transit, hospitals, shops, and dining, this is a rare turnkey opportunity offering both elevated living and strong income potential.
Estimate your monthly payments for this property
Estimated Payment
$8,846.67/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.
84 Wiley 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.
Negotiation Opportunity
At 79 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Danforth.
Bathroom Count Matters
With 5 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 $8,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.