$1,590,000 - 87 Wiley Avenue, Danforth
Detached for Sale in Danforth
62 days on market- MLS Number
- E13000752
- Property Type
- Detached
- Status
- active
- Days on Site
- 62
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome Home! Rarely offered and hard to find, this deep-lot detached stunning home in the heart of East York delivers the space, style, and location buyers have been waiting for, tucked away on a quiet one-way street just steps to the Danforth, transit, parks, and schools, with the added bonus of a private drive that fits up to five cars; inside, a bright open-concept layout is filled with natural light, featuring a striking statement wall and designer lighting that flows effortlessly into a showpiece kitchen with a quartz waterfall island, gas range with pot filler, floor-to-ceiling cabinetry, and sleek glass accents, all designed for both everyday living and effortless entertaining, with a seamless walkout to a large deck and expansive backyard that feels like your own private retreat; upstairs, the primary suite offers a unique loft-style lounge under a skylight, a double closet, and a spa-inspired ensuite with a floating vanity, rainfall shower, and custom glass finishes, while two additional bedrooms include built-ins, warm hardwood floors, and a stylish shared bath; the finished lower level adds even more versatility with a cozy recreation space, feature wall, and a full 3-piece bath, perfect for guests, a fourth bedroom, or a media setup, all just minutes to Donlands Station and the DVP, making this a rare opportunity to enjoy both privacy and convenience in one of East York's most desirable pockets.
Estimate your monthly payments for this property
Estimated Payment
$7,033.11/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.
87 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
Premium Pricing
At $1445/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 62 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.
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.
Bathroom Count Matters
With 4 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 $6,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.