1811-286 Main Street, Toronto, ON

East End-Danforth, Toronto · MLS® E13793858

$499,000
For Sale
Listed 33 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Never before offered at this price.
  • Step into Unit 1811 and experience a thoughtfully designed open-concept layout highlighted by modern finishes, abundant natural light and stunning unobstructed views...
  • Features include 9-foot ceilings, a bright and inviting living area with walk-out access to the balcony; a contemporary kitchen complete with a large centre island...
  • A sleek 4-piece, spacious bathroom completes this beautifully appointed suite.

**Never before offered at this price! HST removed from the asking price. Take advantage of this limited time opportunity! Welcome home to a chic 1+1 bedroom unit that offers rare breathtaking panoramic views of the city skyline, the lake and spectacular sunsets as well as every modern convenience you could desire! Built by the renowned Tribute Communities, this exceptional residence seamlessly blends luxury, functionality and quality craftsmanship. Step into Unit 1811 and experience a thoughtfully designed open-concept layout highlighted by modern finishes, abundant natural light and stunning unobstructed views from every window and the private balcony. Features include 9-foot ceilings, a bright and inviting living area with walk-out access to the balcony; a contemporary kitchen complete with a large centre island with seating for four, quartz countertops, under-cabinet lighting, and stainless steel/integrated appliances; a sun-filled primary bedroom showcasing incredible views through large windows and a spacious closet; an oversized private room den offering the perfect flex space for a home office or guest retreat. A sleek 4-piece, spacious bathroom completes this beautifully appointed suite. End every evening with the perfect backdrop of unforgettable, unobstructed sunset views from the comfort of your own home! Perfectly positioned in the vibrant Danforth neighbourhood, residents enjoy an array of diverse dining, cozy cafes, eclectic boutiques, and unbeatable everyday convenience right at their doorstep. Who says you can't have it all?! ****Price is inclusive of HST and HST rebate. This new home qualifies for the new Enhanced HST Rebate which has been included in the Purchase Price. Purchaser must be eligible for the rebate & eligible to assign it to the Vendor, as determined by the applicable governmental authorities, or must otherwise pay the full HST on closing & independently apply for the rebate after closing. **View Media**

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13793858
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Danforth / Main
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$460/mo
Exposure
South West
Property tax
$2,755 / 2026
Days on market
33
Listing brokerage
RE/MAX ALL-STARS REALTY INC.

Rooms

Living RoomMain3.27 × 3.20 m

open concept · w/o to balcony · laminate

Primary BedroomMain3.17 × 2.89 m

large window · large closet · laminate

DenMain2.54 × 2.26 m

Laminate

KitchenMain3.20 × 3.07 m

centre island · stainless steel appl · quartz counter

Our TakeTeam Asgarian · Broker
A small discount is typical
$486Klikely sale price

Listed at $499,000. 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 $486K, if it sells. A realistic range is $458K to $526K.

Independent value check: $498K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $463K and $523K).

Why $498K. The typical condo sold in East End-Danforth over the past year went for about $523K (33 sales). What sets this one apart:

  • ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $2,755 a year; the typical home sold here pays about $3,000.
List price
$458KBelow recent closings$526KAbove recent closings

Total price vs nearby homes. Likely closing about $486K, 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
33days on market so far
$2,238/moest. rent · 108 leases
5.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 9 months of inventory: 15 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 $768/sqft against an area asking average of $798/sqft.

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 $492K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
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 17 homes sold in this building over the past two years, from 64 closings in East End-Danforth.

What sellers nearby are askingCurrently listed nearby in East End-Danforth · asking prices
$553kavg 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 $811/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
499kThis home579k500k579kThis 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
Waterfront Communities C8
$554K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K

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
$2,274/mo
$106KIncome needed
4.7×Price ÷ income
$525Weekly cost
$12,910Land 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.

77%mortgage
Mortgage $2,274Property tax $230Condo fee $460Total carry $2,963

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,897Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$230
Condo / maintenance fees
$460
Heating
$0
Estimated monthly cost
$2,897

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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 108 whole-home leases in East End-Danforth$2,238/mo
$26,856Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,126 to $2,350Typical 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 108 whole-home leases in East End-Danforth signed at a median of $2,338 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,238. 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.

5.4%
Gross yield
− Property tax $2,755− Condo fees $5,515− Insurance $600− Vacancy & upkeep $2,954Net operating income $15,032

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

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