$558,000

For sale

#1017 286 Main Street, Toronto (East End-Danforth) - Single Family for Sale

#1017 286 Main Street, Toronto (East End-Danforth), Ontario, M4C0B3

2 beds2 baths0 parking650 ft²$502/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $558,000 asking price sits right in line with the $579,000 median in Toronto. It has been on the market 21 days, fresher than the Toronto average of 55 days.

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Description

The coveted LINX Condominiums Model Suite features 9-foot-high smooth-finish ceilings, durable PLV flooring, quartz countertops, LED efficient lighting, and full-size appliances. The primary bedroom includes a double closet and a three-piece ensuite with a frameless glass shower and large-format tile. The second bedroom features upgraded privacy glass doors, and the full four-piece bath includes a deep tub.Step out onto the full unit-width balcony providing unobstructed, breathtaking sunset views of Lake Ontario, the Toronto skyline, and the surrounding Danforth neighbourhoods. Thoughtful upgrades like premium window coverings and additional bathroom storage cabinetry make this a highly practical, completely move-in-ready space. Perfectly situated at the ultimate transit nexus-literally steps from Main Street Subway and Danforth GO Station-this outstanding building boasts world-class amenities including a massive fitness centre, tech lounge, kids' play area, pet spa, and outdoor BBQ terraces. Offering unmatched value for East Toronto, this is modern urban living at its finest. Plan your visit today! (id:66096)

Property Details

MLS®: E14083864
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $502/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,915.78/yr
Listed: 21 days ago

Rooms

Flat

Living room: 3.2 x 3.01 meters
Dining room: 3.2 x 3.01 meters
Kitchen: 3.5 x 3.5 meters
Primary Bedroom: 2.9 x 3.05 meters
Bedroom 2: 2.69 x 2.36 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Whirlpool, Dishwasher, Stove, Dryer, Microwave, Blinds
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Toronto (East End-Danforth) listings, avg age

55d

Price / ft²

$859

List price

$558K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (East End-Danforth) has been listed for 21 days, which is 34 days fresher than the city average of 55. Act while there is still low competition.

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Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD. · MATT EMERSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4C)

This home lists at $558,000, about 6.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $108,997 (20% down, 25-yr amortization, stress-tested) — roughly 31% above the area median.

Median household income: $83,000
Population: 46,440
Median age: 40
Owner / renter: 53% / 47%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4C)

$558,000· $859/ft²

For sale

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Full Cost Breakdown

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Down Payment5.52% · $30,800

Min 5.52%50%

Mortgage payment$2,923/mo

↳ CMHC premium ($21,088 capitalized)

Property tax (est.)$243/mo

Condo fee$502/mo

Total monthly$3,668

Cash Needed to Close

Down payment (5.52%)$30,800

Land transfer tax$15,270

Est. closing costs$4,174

Total cash needed$50,244

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