356 McRae Drive, Toronto, ON

$599,900
MLS#:C12158500
1 beds
1 baths
800-899 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This listing is no longer active (Sold)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 Leaside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,900 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 800-899 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to suite 402 at Leaside's The Randolph. Set in the tree-tops, this is a very generously proportioned one bedroom suite with large living and dining rooms, spacious kitchen, sunny den, and ample storage throughout. With over 850 square feet of living space, this is the ideal home to downsize without having to compromise on space or lifestyle. The updated kitchen has quartz counters, stainless steel appliances, and plenty of counter space. The oversized living and dining rooms offer ample space to accommodate your existing furnishings. The sun-filled den is a great space for reading, art, or relaxing. Great sized bedroom with his and hers closets, semi ensuite to 4 piece bath. A full sized laundry room with storage! The Randolph is a quiet and well maintained low rise in this prime location, just steps to the Local and Leaside pubs, oodles of shopping and amenities along Laird, and a quick 7 minute walk to the one day in the future Eglinton Crosstown. A dream for first time buyers and downsizers alike who just can't see fitting themselves into a micro condo. With a preferred end of row parking space, and great sized locker. The building has a close knit community of many long term residents, and is well run with common lounge, party room, and exercise room on site. Easy stroll to Leaside Library, Trace Manes Park, and all the best that this neigbourhood has to offer. Shows to perfection, move-in ready. Must be seen!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 17, 2025
Sold price information is available to members only
Listed Date5/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$2,410.52

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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356 McRae Drive, 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 356 McRae Drive 402, Toronto C11, ON M4G 4G4

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$34,990 (5.8%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period25 Years
Estimated Monthly Payment$3,366Based on a loan of $564,910 over 25 years.
Purchase Price$599,900
Loan Amount$564,910
Provincial Land Transfer Tax:$8,473
Toronto Municipal Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$16,946

About Purchasing a Home in Toronto, ON

For a property listed at $599,900 in Toronto, the legal minimum down payment is $34,990 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 $8,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,473 also applies, bringing the total estimated land transfer taxes to $16,946.

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 Leaside, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$2,047,050

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 Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Pape Avenue
PublicPape Avenue, East York, Toronto, Ontario, M4J 2P5
9.7
St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Charles-Sauriol
PublicToronto, Ontario
9.3

Secondary Schools

Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Marc Garneau
Public135 Overlea Boulevard, Toronto, Ontario, M3C 1B3
3.8

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.