1005-286 Main Street, Toronto, ON

East End-Danforth, Toronto · MLS® E13656540

$359,900
For Sale
Listed 70 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • 2 Years New Corner Unit In Boutique Condo with 2 covered balconies.
  • Security + Safety = 24 Hr Concierge + Security Monitoring Underground, Lobby & Elevators.
  • CAT 5 Wiring, RG6 Co-Axial Cable, Individually controlled fan coil HVAC ERV system, Tribute Communities Smart Living App.
  • Internet costs $28.25 per month.
  • Resort style living in a commuter paradise-Subway & Go Station Across Street, with multiple quick transit options to downtown Toronto ~15 min. or sit back on the 508...

2 Years New Corner Unit In Boutique Condo with 2 covered balconies. Resort style living in your own comfortable home with amazing amenities, whether you like yoga, weight lifting or running...plus multiple nooks to BBQ. This bright home is carpet free throughout, with custom made floor to ceiling window blinds and an expansive L- Shaped Balcony with fantastic views. Futuristic, fun, and affordable sophisticated living. Security + Safety = 24 Hr Concierge + Security Monitoring Underground, Lobby & Elevators. CAT 5 Wiring, RG6 Co-Axial Cable, Individually controlled fan coil HVAC ERV system, Tribute Communities Smart Living App. Huge Bike Storage Room Ground Floor, Building Has Automated Parcel Locker System With Personal Notification. Internet costs $28.25 per month. Next door to a large park perfect for pets or kids or you. Resort style living in a commuter paradise-Subway & Go Station Across Street, with multiple quick transit options to downtown Toronto ~15 min. or sit back on the 508 streetcar direct to downtown while you relax on your phone ~25 min.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13656540
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Main and Danforth Ave
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Concrete
Maintenance
$392/mo
Exposure
North East
Property tax
$2,352 / 2025
Days on market
70
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

OtherMain4.67 × 3.43 m

balcony · l-shaped room · ne view

BedroomMain3.96 × 2.85 m

laminate · double closet · ne view

Living RoomMain4.26 × 3.20 m

laminate · w/o to balcony · b/i closet

KitchenMain4.26 × 3.20 m

laminate · stainless steel appl · b/i appliances

Our TakeTeam Asgarian · Broker
A small discount is typical
$351Klikely sale price

Listed at $359,900. Going by how homes in East End-Danforth and the wider GTA have actually closed against their asking prices (about 98%, 5 local closings in 90 days), the likely sale price is near $351K, if it sells. A realistic range is $330K to $380K.

Independent value check: $434K. Without looking at the asking price, our model values the home itself about 20% above the ask (homes like it typically land between $403K and $456K).

Why $434K. The typical condo sold in East End-Danforth over the past year went for about $523K (33 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,352 a year; the typical home sold here pays about $3,000.
  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 600 to 699.
  • ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
List price
$330KBelow recent closings$380KAbove recent closings

Total price vs nearby homes. Likely closing about $351K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$682Kmedian sold price
103%of asking, on average
+32%prices vs a year ago
~57 dayshomes like this take to sell
70days on market so far
$2,033/moest. rent · 9 leases
6.8%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 8.4 months of inventory: 14 condo apartment homes for sale in the area against 5 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $655/sqft against an area asking average of $815/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $417K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

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

Based on 5 comparable homes that sold in East End-Danforth over the past two years, from 64 closings there.

What sellers nearby are askingCurrently listed nearby in East End-Danforth · asking prices
$424kavg asking

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

Per square foot, these ask about $771/sqft; this home lists at $655/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
360kThis home400k424k448kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

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.

Nearby neighbourhoods

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

North St. James Town
$765K
Moss Park
$549K
Waterfront Communities C8
$554K
Church-Yonge Corridor
$876K
Kensington-Chinatown
$585K

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
Also nearby: 12 more schools within 2.5 km
Secord Elementary School · Public elementary0.5 km · 61% at standard
St Nicholas Catholic School · Catholic elementary0.5 km · 61% at standard
Beaches Alternative Junior School · Public elementary0.6 km
Kimberley Junior Public School · Public elementary0.6 km · 82% at standard
Malvern Collegiate Institute · Public secondary0.9 km · 87% at standard
St John Catholic School · Catholic elementary1.0 km · 72% at standard
Notre Dame Catholic High School · Catholic secondary1.1 km · 82% at standard
D A Morrison Middle School · Public elementary1.1 km · 79% at standard
Adam Beck Junior Public School · Public elementary1.2 km · 73% at standard
Crescent Town Elementary School · Public elementary1.3 km · 68% at standard
Norway Junior Public School · Public elementary1.3 km · 85% at standard
Blantyre Public School · Public elementary1.5 km · 71% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,640/mo
$80KIncome needed
4.5×Price ÷ income
$379Weekly cost
$7,747Land transfer tax, one-time (Ontario + Toronto)
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.

74%mortgage
Mortgage $1,640Property tax $196Condo fee $392Total carry $2,228

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,592per month

Mortgage amount $287,920 · 4.49% over 25 years

$71,980Down payment (20.0%)
$287,920Loan before insurance
$0CMHC premium
$2,180Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,592
Property tax
$196
Condo / maintenance fees
$392
Heating
$0
Estimated monthly cost
$2,180

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

One-time closing costs

Ontario land transfer tax
$3,874
Toronto municipal land transfer tax
$3,874
Estimated closing costs
$7,747

Plus your down payment of $71,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,927/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

$189,668Total interest paid
$477,588Total of all payments
Principal $287,920 Interest $189,668
YearPrincipalInterestBalance
1$6,425$12,678$281,495
2$6,717$12,387$274,778
3$7,022$12,082$267,756
4$7,341$11,763$260,415
5$7,674$11,430$252,741
6$8,022$11,081$244,719
7$8,387$10,717$236,332
8$8,767$10,336$227,565
9$9,166$9,938$218,400
10$9,582$9,522$208,818
11$10,017$9,087$198,801
12$10,472$8,632$188,330
13$10,947$8,157$177,383
14$11,444$7,660$165,939
15$11,964$7,140$153,975
16$12,507$6,597$141,468
17$13,075$6,029$128,394
18$13,668$5,435$114,725
19$14,289$4,815$100,437
20$14,938$4,166$85,499
21$15,616$3,488$69,883
22$16,325$2,779$53,558
23$17,066$2,037$36,492
24$17,841$1,263$18,651
25$18,651$452$0

At the end of your 5-year term

Total paid over the term
$95,518
Principal paid down
$35,179
Interest paid
$60,339
Balance remaining
$252,741

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
From 9 whole-home leases in East End-Danforth$2,033/mo
$24,396Gross annual rent
3.9%Cap rate after taxes and upkeep
$1,871 to $2,196Typical rent range
~23 daysTo find a tenant, on average

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

Talk about the numbers

The last 9 whole-home leases in East End-Danforth signed at a median of $2,199 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,033. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.8%
Gross yield
− Property tax $2,352− Condo fees $4,706− Insurance $600− Vacancy & upkeep $2,684Net operating income $14,055

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

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