1 Rainsford Road Unit 404, Toronto E02

Price: $1,479,000

2 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: E13640806

Luxury Living in The Beach. Welcome to 1 Rainsford, a boutique low-rise condominium crafted for the most discerning buyer. This sophisticated, sun-filled two-storey suite offers just under350 sq ft of spectacular terrace space and showcases floor-to-ceiling windows with walk-outs on both levels. Enjoy breathtaking sunsets year-round, along with panoramic lake and city skyline views. Premium finishes and thoughtful design are evident throughout, including two spacious bedrooms-each featuring its own ensuite, custom walk-in closet, and private walk-out to the upper-level terrace. A separate main-floor office/den provides the perfect work-from-home space. Additional highlights include hardwood flooring throughout, 9-ft ceilings, a gas fireplace in the living room, and a striking floating staircase with glass railings. The chef's kitchen is designed to impress, complete with a centre island, built-in induction cooktop, double sinks, Caesarstone quartz countertops, abundant cabinetry, and top-of-the-line Miele appliances. The sumptuous primary bedroom easily accommodates a king-size bed and features a luxurious ensuite with an oversized spa-like shower and double vanities. Parking and locker included. Ideally located just steps to TTC, Queen Street amenities, shops, the boardwalk, Ashbridges Bay, parks, and more. A must-see. Showings by appointment only.

1 Rainsford Road Unit 404 - Condo photo 1 of 32 in The Beaches / Upper Beaches, Ontario
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$1,479,000 - 1 Rainsford Road Unit 404, The Beaches

Condo for Sale in The Beaches

Neighbourhood: The Beaches

2Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
E13640806
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
2
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
The Beaches / Upper Beaches
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

Luxury Living in The Beach. Welcome to 1 Rainsford, a boutique low-rise condominium crafted for the most discerning buyer. This sophisticated, sun-filled two-storey suite offers just under350 sq ft of spectacular terrace space and showcases floor-to-ceiling windows with walk-outs on both levels. Enjoy breathtaking sunsets year-round, along with panoramic lake and city skyline views. Premium finishes and thoughtful design are evident throughout, including two spacious bedrooms-each featuring its own ensuite, custom walk-in closet, and private walk-out to the upper-level terrace. A separate main-floor office/den provides the perfect work-from-home space. Additional highlights include hardwood flooring throughout, 9-ft ceilings, a gas fireplace in the living room, and a striking floating staircase with glass railings. The chef's kitchen is designed to impress, complete with a centre island, built-in induction cooktop, double sinks, Caesarstone quartz countertops, abundant cabinetry, and top-of-the-line Miele appliances. The sumptuous primary bedroom easily accommodates a king-size bed and features a luxurious ensuite with an oversized spa-like shower and double vanities. Parking and locker included. Ideally located just steps to TTC, Queen Street amenities, shops, the boardwalk, Ashbridges Bay, parks, and more. A must-see. Showings by appointment only.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,542.12/mo

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5-yr fixed avg.

Principal: $1,183,200Interest: $779,435
Mortgage Amount$1,183,200
Total Interest$779,435
Est. Property Tax$1,048/mo
Total Cost$1,962,635

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: The Beaches

Discover The Beaches

The Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in The Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

The Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Rainsford Road Unit 404, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$1,048
Insurance (est.)-$308
Net Cash Flow+$414

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1056/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About The Beaches

I know The Beaches well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1 Rainsford Road Unit 404 | $1,479,000 | Battaglia Team