$1,295,000 - 1 Rainsford Road Unit 207, The Beaches
Condo for Sale in The Beaches
137 days on market- MLS Number
- E12546006
- Property Type
- Condo
- Status
- active
- Days on Site
- 137
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to Terrace Suite 207 at The Boutique Residences of 1 Rainsford Road. This Spectacular 2 Bedroom, 2 Bathroom Condo, Boasts Enjoyment Space of ~1732 Sq. Ft., with 1300 Sq.Ft. Interior and a Private Entertainers' BBQ Terrace of 432 Sq.Ft! Enter Into Your Suite with Soaring 10 Ft. Smooth Ceilings, Rich Wide Plank Hardwood Floors, Grand Floor to Ceiling Windows, Electric Blinds on All Windows, and a Large Open Concept Plan. The Luxury Kitchen is Outfitted with Miele Top of the Line Appliances, Including a Miele Gas Cooktop and Built-In Wall Oven with Miele Convection. The Large Kitchen Island Brings Everyone Together with a Spacious Breakfast Bar, Under-mount Sink, and Granite Counters. The Living Room has a Gas Fireplace with a Walk-out to the Terrace. For the Ultimate Privacy, the 2 Bedrooms are Designed with a Split Bedroom Plan. The Primary Suite Contains a Large Walk-In Closet, with a 5 Piece Spa Ensuite Bathroom. Walk Everywhere - with Bruno's Fine Groceries Next Door, Restaurants, The Beach, Nature, Galleries, with Transit at Your Doorstep! This is a Must See Suite in the Prime Beach Neighbourhood by Queen St East & Woodbine Avenue. The Terrace also includes a Gas Line for BBQ'ing, Water for Gardening and Lighting for Evening Enjoyment. 1 Owned Parking & Locker Included! Tenanted on lease until July 1, 2026. The Buyer(s) must assume the Triple A tenant, paying $4325/month + utilities until July 1, 2026.
Estimate your monthly payments for this property
Estimated Payment
$5,728.22/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover The Beaches / Upper Beaches
The Beaches / Upper Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in The Beaches / Upper Beaches
- •Convenient location in The Beaches / Upper Beaches
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
The Beaches / Upper Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Rainsford Road Unit 207, The Beaches / Upper Beaches
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1079/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 137 days on site, this property has exceeded the typical selling timeline for The Beaches. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Investment Perspective
Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.