$799,000

For sale

#411 286 Main Street, Toronto (East End-Danforth) - Single Family for Sale

#411 286 Main Street, Toronto (East End-Danforth), Ontario, M4C0B3

3 beds2 baths1 parking1,100 ft²$800/mo condo feeListed 50 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 50 days, fresher than the Toronto average of 55 days.

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Description

*Never before offered at this price! HST removed from the asking price. Take advantage of this limited time opportunity! Discover the pinnacle of luxury living at Linx Condos by Tribute Communities. This brand-new, 3-bedroom, 2-bathroom corner unit is nestled in the heart of East-Danforth offers the perfect blend of modern elegance & urban convenience. Unit 411, brand new & being sold directly by the builder, features 1122 sqft of thoughtfully designed living space w/3 bedroom, all equipped w/ floor-to-ceiling windows. Unit 411 boasts a bright, open-concept layout w/9 ft. ceilings, wrap-around floor-to-ceiling windows & tranquil, contemporary finishes. The expansive living & dining areas are bathed in natural light & a walk-out to the balcony. The sleek kitchen is a chefs dream, complete w/quartz countertops, ample modern cabinetry, an eat-in island, a neutral tile backsplash, & full-size stainless steel appliances, including an integrated dishwasher. The primary bedroom features access to the balcony, a double-door closet &a modern 3-pc ensuite. The two additional bedrooms w/floor-to-ceiling windows provide an abundance of light & plenty of space, each w/ample closet space. This ultra-functional unit also includes a proper entry foyer w/ a mirrored coat closet & a full-size front-load washer &dryer for added convenience. The perfect unit for families or those just seeking some extra space, complete with an owned parking space. Who says you can't have it all?! ****Price is inclusive of HST and HST rebate. This new home qualifies for the new enhanced HST rebate which has been included in the purchase price. Purchaser must be eligible for the rebate and eligible to assign it to the Vendor, as determined by the applicable governmental authorities, or must otherwise pay the full HST on closing and independently apply for the rebate after closing. (Note: $500 added to property taxes for parking. Estimate as not yet fully assessed.). View Media! (id:66096)

Property Details

MLS®: E13793844
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 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: $800/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $5,824.14/yr
Listed: 50 days ago

Rooms

Main level

Living room: 7.34 x 2.84 meters
Dining room: 7.34 x 2.84 meters
Kitchen: 4.22 x 4.11 meters
Primary Bedroom: 3.35 x 3.07 meters
Bedroom 2: 3.2 x 2.67 meters
Bedroom 3: 2.74 x 2.74 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, Cooktop, Window Coverings
Exterior: Concrete, Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Toronto (East End-Danforth) listings, avg age

55d

Price / ft²

$727

List price

$799K

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 3-bed single family in Toronto (East End-Danforth) has been listed for 50 days, which is 5 days fresher than the city average of 55. Act while there is still low competition.

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Listed by RE/MAX ALL-STARS REALTY INC. · TINA BRIENZA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4C)

This home lists at $799,000, about 9.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 88% 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)

$799,000· $727/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$485/mo

Condo fee$800/mo

Total monthly$5,411

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$24,910

Est. closing costs$4,897

Total cash needed$84,707

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