$899,000

For sale

#403 346 Davenport Road, Toronto (Annex) - Single Family for Sale

#403 346 Davenport Road, Toronto (Annex), Ontario, M5R1K6

2 beds2 baths1 parking1,100 ft²$1,483/mo condo feeListed 194 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $899,000, it is attractively priced about 13% below the $1,029,000 median asking price in Toronto.

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Description

Welcome to Suite 403 at 346 Davenport Road-a newly built 2023 luxury residence offering refined urban living in one of Toronto's most coveted boutique addresses. This 2-bedroom, 2-bathroom1,019 sq. ft. corner suite is thoughtfully designed to maximize light, space, and sophistication, with unobstructed south-facing views of the downtown skyline and a direct sightline to the CN Tower. The heart of the home is a bespoke Italian Scavolini kitchen, complete with premium Miele appliances including a built-in wine bar, an expansive marble island, and generous custom cabinetry offering exceptional storage and functionality. Floor-to-ceiling windows flood the open-concept living and dining space with natural light, seamlessly extending to a private balcony finished with privacy glass-perfect for morning coffee or evening city views. The primary suite offers comfort and privacy, complemented by a spa-inspired ensuite. A second well-appointed bedroom provides flexibility for guests, a home office, or investment appeal. A dedicated laundry room with a full-size Samsung front-load washer and dryer and utility sink adds everyday convenience. This rare offering includes an extra-wide parking space and private storage locker with shelving potential. Located in an exclusive boutique building at the crossroads of Yorkville, Casa Loma, and downtown Toronto, residents enjoy unmatched proximity to world-class dining, shopping, transit, and cultural landmarks. Ideal for young professionals, downsizers, or investors, this suite also presents a compelling opportunity with an existing tenant in place at $4,750/month. (id:66096)

Property Details

MLS®: C13041170
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,483/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $6,859.76/yr
Listed: 194 days ago

Rooms

Main level

Kitchen: 4.75 x 2.25 meters
Living room: 2.93 x 3.69 meters
Dining room: 2.97 x 3.69 meters
Bedroom: 2.65 x 3.66 meters
Bedroom 2: 2.77 x 2.93 meters
Laundry room
Bathroom

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

Features

Appliances: Range
Flooring: Hardwood
Foundation: Concrete
Exterior: Steel, Aluminum siding
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

194d

Toronto (Annex) listings, avg age

58d

Price / ft²

$818

List price

$899K

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 (Annex) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE MACRO REALTY · Anthony De Cesare

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $899,000, about 10.5× the local median household income of $86,000.

Carrying it typically needs a household income of about $175,606 (20% down, 25-yr amortization, stress-tested) — roughly 104% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$899,000· $818/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,900.00

Min 7.22%50%

Mortgage payment$4,624/mo

↳ CMHC premium ($33,364 capitalized)

Property tax (est.)$572/mo

Condo fee$1,483/mo

Total monthly$6,679

Cash Needed to Close

Down payment (7.22%)$64,900

Land transfer tax$28,910

Est. closing costs$5,197

Total cash needed$99,007

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