1881 Jane Street, Toronto, ON

$485,000
MLS#:W9245196
3 beds
2 baths
1000-1199 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This listing is no longer active (Sold)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 Maple Leaf. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $485,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Attention first time buyers - 1881 Jane Street #605 is your golden opportunity to get into the real estate market. This spacious 3-bedroom condo offers over 1,150 square feet of updated living space. Why rent when you can break into the market at such incredible value? You wont find $430 per square foot anywhere else. The open concept living space is designed perfectly to entertain friends and family. Retreat to the primary bedroom where youll find a spacious walk-in organized closet and an ensuite bathroom, ensuring your comfort and convenience. The two other bedrooms are also sizable with fantastic double door closet space.Enjoy your outdoor space with two large balconies boasting east and south views, including a fantastic view of downtown Toronto and the CN Tower. This unit also includes one parking space and one locker for your storage needs.Located in the Maple Leaf neighborhood, youll have seamless access to the highway, and are within walking distance to No Frills and multiple parks. Youre also minutes away from the UP Express and GO Station, making commuting to downtown and the airport a breeze. Nearby schools include Pelmo Park Public School, CR Marchant Middle School, and Weston Collegiate. Youll find everything you need in and around this fantastic condo unit.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateDecember 19, 2024
Sold price information is available to members only
Listed Date8/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$1,459.19

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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1881 Jane Street, 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 1881 Jane Street 605, Toronto W04, ON M9N 3S7

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$24,250 (5.0%)
* Minimum Canadian down payment required for this price is $24,250.
Amortization Period25 Years
Estimated Monthly Payment$2,746Based on a loan of $460,750 over 25 years.
Purchase Price$485,000
Loan Amount$460,750
Provincial Land Transfer Tax:$6,175
Toronto Municipal Land Transfer Tax:$6,175
Total Estimated Closing Taxes:$12,350

About Purchasing a Home in Toronto, ON

For a property listed at $485,000 in Toronto, the legal minimum down payment is $24,250 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 $6,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,175 also applies, bringing the total estimated land transfer taxes to $12,350.

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 Maple Leaf, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,228,193

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

St Fidelis
Public9 Bannerman Street, Toronto, Ontario, M6L 2S5
5.6
St Francis Xavier
Public53 Gracefield Avenue, Toronto, Ontario, M6L 1L3
4.4
St Raphael
Public3 Gade Drive, Toronto, Ontario, M3M 2K2
6.8
Regina Mundi
Public70 Playfair Avenue, Toronto, Ontario, M6B 2P9
6.4
Immaculate Conception
Public23 Comay Road, Toronto, Ontario, M6M 2K9
4.7

Secondary Schools

Chaminade
Public490 Queen's Drive, Toronto, Ontario, M6L 1M8
5.1
Madonna
Public20 Dubray Avenue, Toronto, Ontario, M3K 1V5
4.6
Downsview
Public7 Hawksdale Road, Toronto, Ontario, M3K 1W3
3.5
Dante Alighieri
Public60 Playfair Avenue, Toronto, Ontario, M6B 2P9
3.4
Weston
Public100 Pine Street, York, Toronto, Ontario, M9N 2Y9
3.0

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.