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Unit 506 at Canvas Condos

Sold

2301 Danforth Avenue 506, Toronto E02, ON M4C 1K5

MLS #E8114464

$490,000

Sold on May 26, 2024

May 26, 2024

Originally listed at $499,900 58 days on market

About This Property

Welcome To Canvas Condos On The Danforth! Beautiful South Facing 1 Bedroom Suite With Large Floor To Ceiling Windows And A Large Private Terrace With Gorgeous Views & a Gas Line For Barbecuing. Lots Of Closet Space, Ensuite Laundry And Locker For Extra Storage. S/S Appliances And Modern Finishes Make This Unit A Must See. Just Minutes To The Woodbine Subway Station, Go Station, Shopping, Parks, Restaurants And Everything Greektown Has To Offer. Amenities include Party Room, Gym/Yoga Studio & Beautiful Rooftop Deck with Fireplace and Amazing City Views.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($347/mo) and property tax ($1,639/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,250/sqft
East End-Danforth
$738/sqft+69.3%
Toronto E02
$940/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 400 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

0-499 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2803
MLS Size0-499
Listed OnMar 4, 2024
Maintenance Fees$347/month
Property Tax$1,639/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)5.69 x 3.3518.7 x 11.0-
Kitchen(Main)5.69 x 3.3518.7 x 11.0-
Primary Bedroom(Main)3.07 x 2.7410.1 x 9.0-
Bathroom(Main)---

Room Dimensions Available

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Price History

Original List Price

$499,900

Listed on Mar 4, 2024

Sold Price

$490,000

Sold on May 26, 2024

-$9,900

-2.0%

58 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameCanvas Condos
Address2301 Danforth Avenue, Toronto E02
Parking TypeNone

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About Unit 506 at Canvas Condos

Unit 506 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 0-499 square feet located at Canvas Condos, 2301 Danforth Avenue, Toronto E02. This unit is currently sold (sold for $490K).

About Canvas Condos

Canvas Condos is located at 2301 Danforth Avenue, Toronto E02. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

East End-Danforth Neighbourhood

This unit is located in East End-Danforth, part of Toronto E02 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Canvas Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 506 Canvas Condos Toronto E02

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