286 Main Street Unit 421, Toronto E02

Price: $584,990

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E13544170

Step into stylish urban living in this 1-bedroom + den condo, where modern design meets practicality. With its west-facing orientation, the space is bathed in warm sunlight during the day and offers a front-row seat to spectacular evening sunsets. This spacious unit, ideal for young professionals or a young family features approximately 650 square feet of interior living space and an adaptable den that can be transformed into anything you need-a quiet office space, a cozy guest nook, or a baby room. Living here means you're at the center of everything. Within a short walk, you'll find multiple transit options, including Main subway station, streetcar stops, and GO Transit hub, making travel seamless across Toronto and the GTA. The location's high Walk Score reflects the abundance of nearby conveniences, from grocery stores and essential services to trendy cafés and local businesses. The neighbourhood blends vibrant energy with a community vibe. Whether you're browsing unique shops or savouring fresh pastries at local bakeries, the nearby Danforth Village and The Beach offer countless options to explore. For outdoor enthusiasts, green spaces like Stephenson Park and scenic waterfront trails are perfect for jogging, cycling, or simply enjoying nature. Farmers' markets, cultural events, and recreation centers further foster a sense of connection and an active lifestyle. In addition to the vibrant surroundings, the building itself offers premium amenities. Stay fit in the fully equipped gym, host get-togethers in the modern party room, or safely store your bike in the expansive storage area. Everything is designed to make your life as comfortable and enjoyable as possible. Don't miss out on this exceptional opportunity to own a condo that perfectly balances style, convenience, and community. Book your viewing today and discover what life could look like at 286 Main Street!

286 Main Street Unit 421 - Condo photo 1 of 39 in The Beaches / Upper Beaches, Ontario
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$584,990 - 286 Main Street Unit 421, The Beaches

Condo for Sale in The Beaches

45 days on market

Neighbourhood: East End-Danforth

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
E13544170
Property Type
Condo
Status
active
Days on Site
45
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
The Beaches / Upper Beaches
Locker
None
Exposure
West
Balcony
Terrace
Listing Brokerage
RE/MAX METROPOLIS REALTY
Description

Step into stylish urban living in this 1-bedroom + den condo, where modern design meets practicality. With its west-facing orientation, the space is bathed in warm sunlight during the day and offers a front-row seat to spectacular evening sunsets. This spacious unit, ideal for young professionals or a young family features approximately 650 square feet of interior living space and an adaptable den that can be transformed into anything you need-a quiet office space, a cozy guest nook, or a baby room. Living here means you're at the center of everything. Within a short walk, you'll find multiple transit options, including Main subway station, streetcar stops, and GO Transit hub, making travel seamless across Toronto and the GTA. The location's high Walk Score reflects the abundance of nearby conveniences, from grocery stores and essential services to trendy cafés and local businesses. The neighbourhood blends vibrant energy with a community vibe. Whether you're browsing unique shops or savouring fresh pastries at local bakeries, the nearby Danforth Village and The Beach offer countless options to explore. For outdoor enthusiasts, green spaces like Stephenson Park and scenic waterfront trails are perfect for jogging, cycling, or simply enjoying nature. Farmers' markets, cultural events, and recreation centers further foster a sense of connection and an active lifestyle. In addition to the vibrant surroundings, the building itself offers premium amenities. Stay fit in the fully equipped gym, host get-togethers in the modern party room, or safely store your bike in the expansive storage area. Everything is designed to make your life as comfortable and enjoyable as possible. Don't miss out on this exceptional opportunity to own a condo that perfectly balances style, convenience, and community. Book your viewing today and discover what life could look like at 286 Main Street!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,001.30/mo

Includes CMHC insurance ($16,321)

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5-yr fixed avg.

Principal: $526,491Interest: $357,578
Mortgage Amount$542,812
Total Interest$357,578
Est. Property Tax$414/mo
Total Cost$900,391

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: East End-Danforth

Discover East End-Danforth

East End-Danforth 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 East End-Danforth

  • 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

East End-Danforth 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

286 Main Street Unit 421, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$414
Insurance (est.)-$122
Net Cash Flow+$1,274

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 $975/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 45 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.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About East End-Danforth

I know East End-Danforth 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 $2,437 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    286 Main Street Unit 421 | $584,990 | Battaglia Team