62 Newmarket Ave, Toronto - Detached Home

62 Newmarket Ave

LocationWoodbine-Lumsden, Toronto, M4C 1V9
$1.25M For Sale
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Description

Welcome to 62 Newmarket Avenue, a beautifully updated two-story detached home in the heart of East York's sought-after Woodbine-Lumsden/Danforth Village neighbourhood. This move-in-ready residence combines modern renovations and a fully finished two-bedroom basement apartment. Pride of ownership is evident throughout this extensively upgraded property. Updates include electrical (200amp), plumbing, insulation, mechanical systems, and living spaces, delivering peace of mind and lower utility costs. The main portion of the home offers bright, spacious living areas, an updated kitchen and bath, and a living/dining area ideal for family living or entertaining. The basement has been fully renovated and transformed into a two-bedroom suite with a separate entrance. Upgrades include quartz kitchen countertops, a laundry room, stainless steel appliances, updated ductwork, and flooring. The prime East York location is steps to the TTC, GO, Danforth Ave, shops, restaurants, and more. This opportunity combines an updated and renovated family home in one of Toronto's most livable neighbourhoods. A beautiful turnkey property!

Features

  • House Facing
    Facing: West
  • Bedrooms
    Bedrooms: 3
  • Bathrooms
    Bathrooms: 3
  • Garages
    Garages:
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 24.50 x 100.00 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 4895.44
  • MLS
    E14080882
  • Listing contracted with: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Room Size(M) Description
Living Rm3.52x3.69

Laminate, Window, Combined w/Dining

Dining Rm3.52x3.00

Laminate, Combined w/Living

Kitchen5.27x3.20

Stainless Steel Appl, W/O To Deck, Picture Window

Br3.60x4.43

Large Closet, Window

2nd Br3.60x3.88

Large Closet, Window

3rd Br2.29x2.98

B/I Closet, Window

Br3.32x3.27

Window, Pot Lights

2nd Br2.64x3.10

Pot Lights

Kitchen3.22x3.11

Quartz Counter, Stainless Steel Appl, Combined w/Living

Living Rm3.32x2.61

Laminate, Pot Lights, Combined w/Kitchen

Laundry1.86x1.68



Bathroom Pieces Level
1xBath2 pcs

Main

1xBath4 pcs

Second

1xBath3 pcs

Basement



Property Summary

Located close to the intersection of Main St and Danforth Ave, 62 Newmarket Ave is a 3+2 bedrooms 3 washrooms Detached. The property has many nice features including On Demand Water Heater and In-Law Suite. Living Room Rm, Dinning Room Rm and Kitchen are on the Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 15.1% compared with the same period last year.

Rent levels have decreased 23% compared with the same period last year.

Recent Comparable Value Range
$1,040,000 – $1,380,000
Recent 6-Month Rent Range
$2,600 – $4,100/month

How This Home Compares

Market Temperature
Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Inventory conditions currently favour sellers of similar homes.
Typical Selling Time
8 Days
Similar homes are selling in about 8 days, broadly in line with last year.
Price Position
3.3% Higher
The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in a predominantly owner-occupied residential area with a mix of detached homes and apartments and condominiums. Approximately 60% of residents hold a bachelor's degree or higher, while about 17% have a college credential. Public transit is commonly used by local commuters, alongside driving.



Commute Information

Toronto Subway Main Street Subway Station (0.3km)
GTA Go Train Danforth Go Train Station (0.6km)

Location





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