215-286 Main Street, Toronto, ON

East End-Danforth, Toronto · MLS® E13507892

$400,000
For Sale
Listed 17 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Introducing a brand new, never-occupied 1-bedroom, 1-bathroom suite at Linx Condos, ideally situated on the second floor for effortless accessibility, no long elevator waits, easy move-in, and the quiet convenience that makes everyday living seamless. Inside, floor-to-ceiling windows invite generous natural light across a thoughtfully designed space where every finish speaks to quality and style. The kitchen features a built-in stainless steel oven, microwave with exhaust fan, and beautifully integrated cabinetry concealing the fridge, freezer, and dishwasher for a clean, uncluttered aesthetic, while a full-sized front-load washer and dryer and roller window coverings ensure this suite is entirely move-in ready. Residents enjoy an exceptional amenity package including a fully equipped fitness centre, work and social lounges, kids' playroom, entertainment areas, and landscaped outdoor spaces with BBQ facilities. Beyond your front door, the Danforth delivers a celebrated dining scene, independent boutiques, and a neighbourhood energy that is both welcoming and electric, with Main Street Subway and Danforth GO Station just steps away for effortless connections across the GTA. First to see will be first to fall in love.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13507892
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Danforth Ave & Main St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Metal/Steel Siding
Maintenance
$350/mo
Exposure
West
Property tax
$2,798 / 2025
Days on market
17
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Living RoomFlat4.75 × 3.20 m

combined w/kitchen · w/o to balcony · west view

Primary BedroomFlat2.90 × 2.82 m

large closet · glass doors · laminate

Dining RoomFlat4.75 × 3.20 m

open concept · combined w/living · laminate

KitchenFlat4.75 × 3.20 m

modern kitchen · open concept · granite counters

Moe’s TakeTeam Asgarian · Broker
Below comparables
$463Kest. value

Listed at $400,000, this home is about 14% below comparable homes, worth a close look. 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 $571K, higher than the comparables and worth a second look.

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 very walkable address with everyday errands close by. Main St at Danforth Ave South Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$400KGreat deal$469KOverpriced

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

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Elevator: rare and valuable for accessibility and resale.
  • Lifestyle
Comparable listingsCurrently listed nearby in East End-Danforth · asking prices
$432kavg asking

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

1702-286 Main Street$399k1005-286 Main Street$439k2602-286 Main Street$444k2609-286 Main Street$448k

The 4 closest active listings nearby.

See all comparable homes
400kThis home399k439k444k448kThis home vs active comparables
Live market pulseActive comparables in East End-Danforth · median list $593K
$728this home / sqft
15active listings nearby
17days on market

This home lists 19% below the area average of $904/sqft.

On the market now.

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

86/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Main St at Danforth Ave South Side, about 7 m away

20+ transit stops13 grocery20+ dining20+ parks20+ pharmacies

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.

Banbury-Don Mills
$500K
Church-Yonge Corridor
$577K
Annex
$1.57M
Waterfront Communities C8
$1.19M
Waterfront Communities C1
$672K

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
$1,823/mo
$87KIncome needed
4.6×Price ÷ income
$421Weekly 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.

76%mortgage
Mortgage $1,823Property tax $233Condo fee $350Total carry $2,407

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,708per month

Mortgage amount $320,000 · 4.14% over 25 years

$80,000Down payment (20.0%)
$320,000Loan before insurance
$0CMHC premium
$2,291Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,708
Property tax
$233
Condo / maintenance fees
$350
Heating
$0
Estimated monthly cost
$2,291

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

One-time closing costs

Ontario land transfer tax
$4,475
Toronto municipal land transfer tax
$4,475
Estimated closing costs
$8,950

Plus your down payment of $80,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,074/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

$192,292Total interest paid
$512,292Total of all payments
Principal $320,000 Interest $192,292
YearPrincipalInterestBalance
1$7,496$12,995$312,504
2$7,810$12,682$304,693
3$8,137$12,355$296,557
4$8,477$12,015$288,080
5$8,832$11,660$279,248
6$9,201$11,291$270,047
7$9,586$10,906$260,461
8$9,987$10,505$250,474
9$10,405$10,087$240,069
10$10,840$9,652$229,229
11$11,293$9,198$217,936
12$11,766$8,726$206,170
13$12,258$8,234$193,913
14$12,771$7,721$181,142
15$13,305$7,187$167,837
16$13,861$6,630$153,976
17$14,441$6,051$139,535
18$15,045$5,447$124,490
19$15,674$4,817$108,816
20$16,330$4,162$92,486
21$17,013$3,479$75,473
22$17,725$2,767$57,748
23$18,466$2,026$39,282
24$19,239$1,253$20,043
25$20,043$448$0

At the end of your 5-year term

Total paid over the term
$102,458
Principal paid down
$40,752
Interest paid
$61,706
Balance remaining
$279,248

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
2.6%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.

5.1%
Gross yield
− Property tax $2,798− Condo fees $4,204− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,554

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

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