383 Sorauren Avenue, Toronto, ON

$859,000
MLS#:W8410496
2 beds
2 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Roncesvalles. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $859,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Separate Heating Controls, Other
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

This BRIGHT and airy space is a haven of NATURAL LIGHT, thanks to its expansive FLOOR to CEILINGS WINDOWS that flood the entire unit. The open layout creates a sense of spaciousness, perfect for both living and entertaining. Whether you're lounging in the cozy living area or preparing a meal in the sleek kitchen, you'll always be surrounded by the energizing embrace of natural sunlight. Incredible SOUTH VIEW of the lake! Located in a vibrant neighbourhood bustling with life, this contemporary unit designed by Gairloch offers the ideal blend of urban living and tranquility. Step outside, and you'll find yourself amidst an array of cafes, boutiques, parks and cultural attractions, all just waiting to be explored! Bonus that this building is approx. 80% owners occupied, a rare percentage to come by in Toronto!

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 14, 2024
Sold price information is available to members only
Listed Date6/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick Front
BasementNone
CountyToronto
Annual Tax$2,884.96

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Clear View, Park, Public Transit, Hospital, School, Library

Interior Features

Carpet Free, Separate Heating Controls, Other, Guest Accommodations

Security Features

Concierge/Security, Smoke Detector

Community Features

Location

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383 Sorauren Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 383 Sorauren Avenue 701, Toronto W01, ON M6R 0A4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$60,900 (7.1%)
* Minimum Canadian down payment required for this price is $60,900.
Amortization Period25 Years
Estimated Monthly Payment$4,756Based on a loan of $798,100 over 25 years.
Purchase Price$859,000
Loan Amount$798,100
Provincial Land Transfer Tax:$13,655
Toronto Municipal Land Transfer Tax:$13,655
Total Estimated Closing Taxes:$27,310

About Purchasing a Home in Toronto, ON

For a property listed at $859,000 in Toronto, the legal minimum down payment is $60,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,655 also applies, bringing the total estimated land transfer taxes to $27,310.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Roncesvalles, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,413,553

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Fern Avenue
Public128 Fern Avenue, High Park-Swansea, Toronto, Ontario, M6R 1K3
6.0
St Vincent de Paul
Public263 Roncesvalles Avenue, High Park-Swansea, Toronto, Ontario, M6R 2M3
8.9
Pope Paul
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
5.6
St. Andre
Catholic330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
5.2
Garden Avenue
Public225 Garden Avenue, High Park-Swansea, Toronto, Ontario, M6R 1M9
7.7

Secondary Schools

Pope John Paul II
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
6.7
St.-Frère-André
Catholic330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
7.7
Toronto Ouest
Public330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
8.8
Parkdale
Public209 Jameson Avenue, Toronto, Ontario, M6K 2Y3
6.5
Bishop Marrocco/Thomas Merton
Public1515 Bloor Street West, Toronto, Ontario, M6P 1A3
4.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.