$1,675,000 - 1 Rainsford Road Unit 501, The Beaches
Condo for Sale in The Beaches
Popular Listing- MLS Number
- E13221630
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Suite 501 at 1 Rainsford Road is a statement in refined Beach living, set within one of the neighbourhood's most coveted boutique residences- an exclusive building of just 28 suites. Spanning more than 2,000 square feet, with a spectacular 382-square-foot south-facing terrace, this residence offers the scale, presence, and comfort of a house with the effortless convenience of luxury condominium living. Elegant, expansive principal rooms are beautifully proportioned and flooded with natural light. The living room is framed by dramatic floor-to-ceiling windows and anchored by a gas fireplace, with seamless walk-out access to the terrace- a stunning extension of the living space. A grand dining area is perfectly suited for hosting on any scale, while the chef's kitchen features a spacious breakfast area, an oversized centre island and premium Miele appliances. Both bedrooms are designed as luxurious primary retreats, each offering substantial walk-in closets, spa-inspired ensuites, and direct access to the terrace- a layout seldom found in condominium living. A generous den provides outstanding flexibility and could easily serve as a third bedroom, executive office, or media lounge. The suite is further enhanced by a beautifully appointed powder room and a separate oversized laundry room with abundant storage. Perfectly positioned on Queen Street East, surrounded by celebrated cafés, restaurants, boutiques, and everyday amenities, and only a five-minute walk to the boardwalk and beach. Complete with parking and locker, this is sophisticated Beach living on an extraordinary scale.
Estimate your monthly payments for this property
Estimated Payment
$7,409.09/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 501, The Beaches / Upper Beaches
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $838/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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $6,979 (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.