2609-286 Main Street, Toronto, ON

East End-Danforth, Toronto · MLS® E12867846

$447,500
For Sale
Listed 130 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Experience the ultimate in modern living at this stunning new condo in Toronto's vibrant East End! Step onto your private balcony to take in sweeping city and lake views, with breathtaking sunsets as your daily backdrop. Inside, you'll find sleek, bright, and contemporary interiors that perfectly blend style and comfort. With easy access to public transit, including the Danforth GO and Main Station, commuting is a breeze. The neighbourhood is buzzing with live diverse restaurants, trendy shops, and grocery stores are all just steps away. Enjoy a stroll to Taylor Creek or The Beach and immerse yourself in the perfect blend of city excitement and natural beauty.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E12867846
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Main St & Danforth Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$365/mo
Exposure
South West
Property tax
$2,270 / 2025
Days on market
130
Listing brokerage
UNION REALTY BROKERAGE INC.

Rooms

KitchenMain3.20 × 2.31 m

open concept · combined w/living · track lighting

Living RoomMain3.04 × 3.04 m

w/o to balcony · combined w/kitchen

Moe’s TakeTeam Asgarian · Broker
In line
$463Kest. value

Listed at $447,500, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $463K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $399K
  • Adjusts to $399K

That comparable adjusts to $399K; the $463K estimate above is the median of all 13 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Gledhill Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$444KGreat deal$469KOverpriced

Total price vs nearby homes. Fair value about $463K, median of 13 comparables.

Comparable listingsCurrently listed nearby in East End-Danforth · asking prices
$420kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

2602-286 Main Street$444k1005-286 Main Street$439k215-286 Main Street$400k1702-286 Main Street$399k

The 4 closest active listings nearby.

See all comparable homes
448kThis home444k439k400k399kThis home vs active comparables
Live market pulseActive comparables in East End-Danforth · median list $593K
$814this home / sqft
15active listings nearby
130days on market

This home lists 9% below the area average of $898/sqft.

129 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

East End-Danforth, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$676K
Annex
$929K
Waterfront Communities C1
$794K
Tam O'Shanter-Sullivan
$626K
Bayview Village
$681K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Gledhill Junior Public School
76%
Gledhill Junior Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 76% meet the provincial standard
William J McCordic SchoolEQAO results not published
School of Life ExperienceEQAO results not published

Affordability & Mortgage

Affordability
$2,040/mo
$94KIncome needed
4.8×Price ÷ income
$471Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

79%mortgage
Mortgage $2,040Property tax $189Condo fee $365Total carry $2,594

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,910per month

Mortgage amount $358,000 · 4.14% over 25 years

$89,500Down payment (20.0%)
$358,000Loan before insurance
$0CMHC premium
$2,465Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,910
Property tax
$189
Condo / maintenance fees
$365
Heating
$0
Estimated monthly cost
$2,465

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,425
Toronto municipal land transfer tax
$5,425
Estimated closing costs
$10,850

Plus your down payment of $89,500. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,320/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$215,126Total interest paid
$573,126Total of all payments
Principal $358,000 Interest $215,126
YearPrincipalInterestBalance
1$8,387$14,538$349,613
2$8,738$14,188$340,876
3$9,103$13,822$331,773
4$9,484$13,441$322,289
5$9,880$13,045$312,409
6$10,294$12,631$302,115
7$10,724$12,201$291,391
8$11,173$11,752$280,218
9$11,640$11,285$268,578
10$12,127$10,798$256,450
11$12,634$10,291$243,816
12$13,163$9,762$230,653
13$13,713$9,212$216,940
14$14,287$8,638$202,653
15$14,885$8,040$187,768
16$15,507$7,418$172,261
17$16,156$6,769$156,105
18$16,832$6,093$139,273
19$17,536$5,389$121,738
20$18,269$4,656$103,468
21$19,033$3,892$84,435
22$19,830$3,096$64,605
23$20,659$2,266$43,946
24$21,523$1,402$22,423
25$22,423$502$0

At the end of your 5-year term

Total paid over the term
$114,625
Principal paid down
$45,591
Interest paid
$69,034
Balance remaining
$312,409

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
2.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.6%
Gross yield
− Property tax $2,270− Condo fees $4,379− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,907

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of UNION REALTY BROKERAGE INC.. MLS®/PropTx.

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