$499,000

For sale

#1101 8 Trent Avenue, Toronto (East End-Danforth) - Single Family for Sale

#1101 8 Trent Avenue, Toronto (East End-Danforth), Ontario, M4C0A6

2 beds2 baths1 parking750 ft²$547/mo condo feeListed 15 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $499,000, it is attractively priced about 14% below the $579,000 median asking price in Toronto. It has been on the market 15 days, fresher than the Toronto average of 55 days.

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Description

Welcome to 8 Trent Avenue, where spacious condo living meets the vibrant lifestyle of Toronto's sought-after East Danforth neighbourhood! This beautifully situated 2-bedroom, 2-bathroom condo offers the perfect combination of comfort, convenience and urban living, complete with stunning views of the CN Tower and Toronto skyline. With a spacious, functional layout, there's plenty of room to relax, entertain or create your ideal work-from-home space. Enjoy an exceptional Walk Score of 98, placing you steps from everything you need, including trendy cafés, local restaurants, boutique shops, grocery stores and everyday essentials. Commuting is effortless with Main Street Subway Station just steps away and Danforth GO Station nearby, providing convenient access throughout the city. Spend your weekends exploring the charming Danforth, enjoying nearby parks and trails, or heading south to the Beaches and waterfront boardwalk. Whether you're looking to upgrade your space, simplify your lifestyle or enjoy the best of city living, this condo offers an incredible opportunity to have it all. Two spacious bedrooms, two bathrooms, CN Tower views and unbeatable transit access - experience the perfect blend of space, lifestyle and location at 8 Trent Avenue! (id:66096)

Property Details

MLS®: E14107508
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $547/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,484/yr
Listed: 15 days ago

Rooms

Main level

Kitchen: 2.43 x 1.27 meters
Bathroom: 1.47 x 2.43 meters
Bathroom: 1.52 x 2.43 meters
Living room: 3.75 x 4.97 meters
Bedroom: 3.07 x 4.06 meters
Bedroom 2: 2.76 x 2.81 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Toronto (East End-Danforth) listings, avg age

55d

Price / ft²

$666

List price

$499K

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 15 days, which is 40 days fresher than the city average of 55. Act while there is still low competition.

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Listed by RE/MAX CROSSROADS REALTY INC. · Jeremie Howley

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4C)

This home lists at $499,000, about 6.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 17% 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)

$499,000· $666/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$290/mo

Condo fee$547/mo

Total monthly$3,466

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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