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Unit 308 at Terraces On Danforth

Sold

3520 Danforth Avenue 308, Toronto E06, ON M1L 1E5

MLS #E12361579

$430,000

Sold on October 5, 2025

October 5, 2025

Originally listed at $439,000 13 days on market

About This Property

Welcome to The Terraces on Danforth! Spacious One-Bedroom + Den with TWO Parking Spots and Locker located in a quiet mid-rise building with the bus stop right outside your door! This well-designed floor plan has no wasted space and has just been freshly painted with brand new flooring installed. Featuring a modern kitchen with S/S appliances and stone countertops, primary bedroom with large walk-in closet, and a generous den that is ideal for a home office or guest room. Enjoy plenty of sunlight throughout the day from your south-facing floor to ceiling windows. Building amenities include exercise room, rooftop terrace, party room, outdoor BBQ area, meeting room, bike storage, and visitor parking. Convenient location with easy access to public transportation. 10-minute transit ride to Victoria Park Subway Station, Warden Subway Station, and Danforth GO Station. Health centre in the same building and Pharmacy located across the street. 10-15 minute walk to restaurants along Kingston Road, Toronto Public Library, Oakridge Park and Community Centre, Birchmount Park and Community Centre. Local conveniences such as Fresco Supermarket, Metro, Shoppers Drug Mart, LCBO, Staples, LA Fitness, and Tim Hortons, are all within a 10-minute transit ride or 20-minute walk. Easy access to two of the best neighbourhoods in Toronto (Beaches & Greektown) with EV charging stations just a short drive away. Excellent value with 2 parking spots + 1 locker - a rare find in such a convenient location!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($511/mo) and property tax ($2,110/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$674/sqft
Oakridge
$662/sqft+1.9%
Toronto E06
$649/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 651 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

651 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2379
MLS Size600-699
Listed OnAug 23, 2025
Maintenance Fees$511/month
Property Tax$2,110/year

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Flat)5.67 x 3.0518.6 x 10.0-
Dining Room(Flat)5.67 x 3.0518.6 x 10.0-
Living Room(Flat)5.67 x 3.0518.6 x 10.0-
Primary Bedroom(Flat)3.78 x 2.7712.4 x 9.1-
Den(Flat)1.86 x 2.076.1 x 6.8-

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Unit 308 History

Complete transaction history for this unit

Terminated

Listed: Jul 6, 2025

$479,000

48 days on marketSale
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3 More Transactions Available

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Price History

Original List Price

$439,000

Listed on Aug 23, 2025

Sold Price

$430,000

Sold on Oct 5, 2025

-$9,000

-2.1%

13 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 NameTerraces On Danforth
Address3520 Danforth Avenue, Toronto E06
Parking TypeUnderground

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About Unit 308 at Terraces On Danforth

Unit 308 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 600-699 square feet located at Terraces On Danforth, 3520 Danforth Avenue, Toronto E06. This unit is currently sold (sold for $430K).

About Terraces On Danforth

Terraces On Danforth is located at 3520 Danforth Avenue, Toronto E06. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Oakridge Neighbourhood

This unit is located in Oakridge, part of Toronto E06 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Terraces On Danforth, 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.

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