1499 O'Connor Drive Unit 2, Toronto E03

Price: $1,034,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13458918

MOVE-IN READY! Welcome to The Holland 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 3-BEDROOMS home offers 1,325 sq. ft. of interior living space, plus a PRIVATE ROOFTOOP TERRACE and balconies on each level, totaling approximately 470 sq. ft. 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 ROOM 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.

1499 O'Connor Drive Unit 2 - Condo photo 1 of 21 in Danforth / East York, Ontario
1499 O'Connor Drive Unit 2 - Condo photo 2 of 21 in Danforth / East York, Ontario
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$1,034,000 - 1499 O'Connor Drive Unit 2, Danforth

Condo for Sale in Danforth

Neighbourhood: O'Connor-Parkview

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13458918
Property Type
Condo
Status
active
Days on Site
20
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Danforth / East York
Locker
None
Exposure
West
Balcony
Terrace
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

MOVE-IN READY! Welcome to The Holland 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 3-BEDROOMS home offers 1,325 sq. ft. of interior living space, plus a PRIVATE ROOFTOOP TERRACE and balconies on each level, totaling approximately 470 sq. ft. 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 ROOM 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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,573.73/mo

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5%20%50%

5-yr fixed avg.

Principal: $827,200Interest: $544,919
Mortgage Amount$827,200
Total Interest$544,919
Est. Property Tax$732/mo
Total Cost$1,372,119

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: O'Connor-Parkview

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

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

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.

70
Walk Score
Varies
Price Range

1499 O'Connor Drive Unit 2, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$732
Insurance (est.)-$215
Net Cash Flow+$1,193

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 $862/sqft, this property is priced in line with current Danforth 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 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 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.

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    1499 O'Connor Drive Unit 2 | $1,034,000 | Battaglia Team