$804,000 - 1483 O'Connor Drive Unit 1, Danforth
Condo for Sale in Danforth
Neighbourhood: O'Connor-Parkview
- MLS Number
- E13458828
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Danforth / East York
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
MOVE-IN READY! Welcome to The O'Connor at Amsterdam, an upgraded brand-new luxury condo townhome in Central East York. Buyers may be eligible for up to a $130,000 HST rebate. This beautiful 2-BEDROOMS home offers 1,030 sq. ft. of interior living space, all on one level, plus balconies off each room totaling approximately 170 sq. ft. of OUTDOOR SPACE. Located close to schools, shopping, and transit, with the Eglinton LRT station just 4 minutes away. The home features an upgraded chef's kitchen with contemporary cabinetry, upgraded quartz countertops, a waterfall kitchen island, breakfast bar, staggered glass tile backsplash, track lighting, soft-close drawers, undermount sink, and pull-out faucet. Additional features include quality laminate flooring throughout, upgraded bathroom and foyer tiles, smooth ceilings, and energy-efficient stainless steel appliances, including fridge, slide-in gas range, dishwasher, microwave/hood fan, and stackable washer/dryer. Amenities include a gym, party room, children's playground, outdoor BBQ area, and car wash station. Parking and storage locker can be purchased for $65,000. Exceptional new buyer incentives include: FREE ONE YEAR of maintenance fees, 3.99% one-year MORTGAGE RATE GUARANTEE, purchase with only 5% DEPOSIT, $0 development charges, and full Tarion Warranty Program protection for up to 7 years.
Estimate your monthly payments for this property
Estimated Payment
$4,124.94/mo
Includes CMHC insurance ($22,432)
5-yr fixed avg.
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.
Discover O'Connor-Parkview
O'Connor-Parkview 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 O'Connor-Parkview
- •Convenient location in Danforth / East York
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
O'Connor-Parkview 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.
1483 O'Connor Drive Unit 1, Danforth / East York
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $804/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 20 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.
About O'Connor-Parkview
I know O'Connor-Parkview 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: Danforth properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,350 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.