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Unit 408 at Terraces On Danforth

Sold

3520 Danforth Avenue 408, Toronto E06, ON M1L 1E5

MLS #E11886151

$420,000

Sold on February 17, 2025

February 17, 2025

Originally listed at $399,900 7 days on market

About This Property

Welcome to this bright and inviting 1-bedroom + den condo, perfectly situated in a vibrant and convenient neighbourhood. This well-maintained unit offers a spacious layout with plenty of natural light, ideal for professionals, couples, or small families. Oversized bedroom with walk-in closet and great work from home space available. Nestled in a clean and modern building, the location truly shines! Steps away from excellent transit options, making your commute a breeze. You'll love the proximity to grocery stores, schools, and a variety of shopping destinations, ensuring all your essentials are within easy reach. Enjoy scenic parks, serene trails, and waterfront access, perfect for weekend strolls or active lifestyles. This condo offers not just a home, but a lifestyle, blending urban convenience with natural beauty.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($435/mo) and property tax ($1,553/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$658/sqft
Oakridge
$662/sqft-0.5%
Toronto E06
$649/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 608 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

608 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2379
MLS Size600-699
Listed OnDec 8, 2024
Maintenance Fees$435/month
Property Tax$1,553/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)3.05 x 2.7810.0 x 9.1-
Kitchen(Main)3.23 x 3.0510.6 x 10.0-
Primary Bedroom(Main)4.27 x 2.7714.0 x 9.1-
Den(Main)3.38 x 2.2611.1 x 7.4-

Room Dimensions Available

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Price History

Original List Price

$399,900

Listed on Dec 8, 2024

Sold Price

$420,000

Sold on Feb 17, 2025

+$20,100

5.0%

7 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 TypeNone

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About Unit 408 at Terraces On Danforth

Unit 408 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 $420K).

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.

Keywords: Unit 408 Terraces On Danforth Toronto E06

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