408-286 Main Street, Toronto, ON

East End-Danforth, Toronto · MLS® E13793872

$579,000
For Sale
Listed 33 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
0Parking
700-799Sq ft

About this home

In short

  • Never before offered at this price.
  • Brand-new and never before been lived-in , oversized & chic 791 sq ft, 1+1 bedroom, (rare) 2 bathroom condo, perfectly situated in Toronto's vibrant Main & Danforth...
  • Step inside unit 408 to discover 9-ft ceilings, a spacious and functional layout and premium finishes throughout.
  • The open-concept floorplan is designed for both style and comfort, offering an expansive living and dining space perfect for both everyday living and guest entertaining.
  • Residents of Linx Condos enjoy state-of-the-art amenities and unparalleled access to transit options, including the Main Street subway, the 506 streetcar, and...

*Never before offered at this price! HST removed from the asking price. Take advantage of this limited time opportunity! Brand-new and never before been lived-in , oversized & chic 791 sq ft, 1+1 bedroom, (rare) 2 bathroom condo, perfectly situated in Toronto's vibrant Main & Danforth neighbourhood. Built by renowned Tribute Communities, this modern residence offers the perfect blend of luxury, convenience, and top-tier craftsmanship. Step inside unit 408 to discover 9-ft ceilings, a spacious and functional layout and premium finishes throughout. The open-concept floorplan is designed for both style and comfort, offering an expansive living and dining space perfect for both everyday living and guest entertaining. The modern kitchen boasts high-end appliances, contemporary cabinetry, neutral backsplash and sleek countertops. The sunny primary bedroom features an airy space with a walk-out to the balcony, ample closet space and a spa-inspired ensuite bath. The unit comes complete with a versatile oversized den, ideal for both a home office or a guest space and a second functional full bathroom. Residents of Linx Condos enjoy state-of-the-art amenities and unparalleled access to transit options, including the Main Street subway, the 506 streetcar, and Danforth GO, making it easy to stay connected to all corners of Toronto. This is city living at its finest-functional, stylish, and perfectly located. ****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 detailed photos and cinematic video attached**

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13793872
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Danforth / Main
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$572/mo
Exposure
East
Property tax
$3,698 / 2026
Days on market
33
Listing brokerage
RE/MAX ALL-STARS REALTY INC.

Rooms

DenMain2.57 × 2.46 m

Laminate

KitchenMain3.20 × 2.95 m

modern kitchen · quartz counter · b/i appliances

Living RoomMain4.60 × 3.15 m

combined w/dining · walk-out · window floor to ceiling

Primary BedroomMain4.57 × 3.00 m

3 pc ensuite · window floor to ceiling · double closet

Dining RoomMain4.60 × 3.15 m

combined w/living · open concept · window floor to ceiling

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

What sellers nearby are askingCurrently listed nearby in East End-Danforth · asking prices
$526kavg 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 $810/sqft; this home lists at $773/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
579kThis home500k579k499kThis home vs active comparables

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
$649K
Moss Park
$549K
Waterfront Communities C8
$525K
Church-Yonge Corridor
$580K
Annex
$1.03M

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
$2,639/mo
$125KIncome needed
4.6×Price ÷ income
$609Weekly cost
$16,110Land 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.

75%mortgage
Mortgage $2,639Property tax $308Condo fee $572Total carry $3,519

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)
$2,561per month

Mortgage amount $463,200 · 4.49% over 25 years

$115,800Down payment (20.0%)
$463,200Loan before insurance
$0CMHC premium
$3,441Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$308
Condo / maintenance fees
$572
Heating
$0
Estimated monthly cost
$3,441

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

One-time closing costs

Ontario land transfer tax
$8,055
Toronto municipal land transfer tax
$8,055
Estimated closing costs
$16,110

Plus your down payment of $115,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,100/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

$305,134Total interest paid
$768,334Total of all payments
Principal $463,200 Interest $305,134
YearPrincipalInterestBalance
1$10,337$20,397$452,863
2$10,806$19,927$442,057
3$11,297$19,437$430,761
4$11,810$18,924$418,951
5$12,346$18,388$406,606
6$12,906$17,827$393,699
7$13,492$17,241$380,207
8$14,105$16,628$366,102
9$14,745$15,988$351,357
10$15,415$15,319$335,942
11$16,115$14,619$319,827
12$16,846$13,887$302,981
13$17,611$13,122$285,370
14$18,411$12,322$266,959
15$19,247$11,487$247,712
16$20,121$10,613$227,591
17$21,034$9,699$206,557
18$21,989$8,744$184,568
19$22,988$7,746$161,580
20$24,031$6,702$137,549
21$25,123$5,611$112,426
22$26,263$4,470$86,163
23$27,456$3,278$58,708
24$28,702$2,031$30,005
25$30,005$728$0

At the end of your 5-year term

Total paid over the term
$153,667
Principal paid down
$56,594
Interest paid
$97,072
Balance remaining
$406,606

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$2,400/mo
$28,800Gross annual rent
2.5%Cap rate after taxes and upkeep

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.

5.0%
Gross yield
− Property tax $3,698− Condo fees $6,869− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,465

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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