2055 Danforth Avenue, Toronto, ON

$579,000
MLS#:E9246485
1 beds
1 baths
600-699 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This listing is no longer active (Sold)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 Woodbine Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $579,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Outstanding location, Condo with state-of-the-art amenities, and a great community. Welcome to one of the best layouts in the Carmelina condominiums. This impeccable, spacious, and well-appointed 1-bedroom unit features 9-foot ceilings, floor-to-ceiling windows, a cozy balcony, and tons of charm. 1 car parking and locker are included. This unit has ample storage and features an open-concept design and a modern kitchen with granite counters, stainless steel appliances, and custom blinds. View the spectacular, cityscape from your bedroom, kitchen, or balcony. uninterrupted skyline, breathtaking views, morning sunrises, evening sunsets, postcard Night cityscape or just relax on your balcony while having your morning coffee. Boutique Condo living at its finest. Amenities Gym, Party & Meeting room, Outdoor Patio, BBQ area. Bike Racks And Visitor Parking! East Lynn Park and playgrounds are around the corner. Superb location only steps away from everything! 9 Min Bike Ride to The Beach. Excellent Walk Score Of 98, with unobstructed breathtaking western views of the city. Woodbine Subway, shopping, dining, and Cafes are all within a few steps of the building, Danforth Avenue with its abundant flavours and restaurants. You must see it to truly appreciate it.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 5, 2024
Sold price information is available to members only
Listed Date8/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,281.77

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Hospital, Park, Place Of Worship, Public Transit, School

Interior Features

Other

Security Features

Community Features

Location

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2055 Danforth 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 2055 Danforth Avenue 614, Toronto E02, ON M4C 1J8

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$32,900 (5.7%)
* Minimum Canadian down payment required for this price is $32,900.
Amortization Period25 Years
Estimated Monthly Payment$3,254Based on a loan of $546,100 over 25 years.
Purchase Price$579,000
Loan Amount$546,100
Provincial Land Transfer Tax:$8,055
Toronto Municipal Land Transfer Tax:$8,055
Total Estimated Closing Taxes:$16,110

About Purchasing a Home in Toronto, ON

For a property listed at $579,000 in Toronto, the legal minimum down payment is $32,900 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 $8,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,055 also applies, bringing the total estimated land transfer taxes to $16,110.

Nearby Listings

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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 Woodbine Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,189,706

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

Georges-Étienne-Cartier
Public250 Gainsborough Road, East York, Toronto, Ontario, M4L 3C6
7.7
Bowmore Road
Public80 Bowmore Road, East York, Toronto, Ontario, M4L 3J2
4.7
Roden
Public151 Hiawatha Road, East York, Toronto, Ontario, M4L 2Y1
5.3
Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6
Earl Beatty
Public55 Woodington Avenue, East York, Toronto, Ontario, M4C 3J6
7.4

Secondary Schools

Monarch Park
Public1 Hanson Street, East York, Toronto, Ontario, M4J 1G6
8.0
St. Patrick
Catholic49 Felstead Avenue, East York, Toronto, Ontario, M4J 1G3
7.1
Danforth
Public800 Greenwood Avenue, East York, Toronto, Ontario, M4J 4B7
5.8
Riverdale
Public1094 Gerrard Street East, Toronto, Ontario, M4M 2A1
8.7

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.