$1,299,000 - 1048 Broadview Avenue Unit 2402, Danforth
Condo for Sale in Danforth
New — Listed 3 days ago- MLS Number
- E13425898
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Danforth / East York
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Suite 2402 at Minto Skyy is a rare offering from the unit's original owner, showcasing approximately 1,476 sq. ft. of thoughtfully designed living space, breathtaking unobstructed views, and an expansive wraparound terrace that captures the city skyline, lush treetops, and spectacular sunsets. Floor-to-ceiling windows surround the suite, flooding every principal room with natural light and creating an extraordinary connection to the views beyond.The spacious open-concept living and dining areas are designed for both everyday comfort and elegant entertaining, seamlessly extending to the terrace for effortless indoor-outdoor living. A well-appointed kitchen features granite countertops, stainless steel appliances, abundant storage, and a bright breakfast area framed by panoramic city views.The intelligently designed split-bedroom layout offers exceptional privacy. The primary retreat is a true sanctuary, complete with a large walk-in closet, a spacious 4-piece ensuite, and direct access to the terrace. The second bedroom enjoys its own 4-piece ensuite, while a separate den provides the flexibility for a home office, library, or guest space. A convenient powder room adds functionality for visitors.Meticulously maintained by its original owner, this residence also includes one parking space and one locker. Residents of the award-winning Minto Skyy enjoy exceptional amenities and a prime Broadview location just moments from the Danforth, Evergreen Brick Works, river valley trails, transit, and some of Toronto's most vibrant neighbourhood destinations.A rare opportunity to own a sophisticated sky-high residence where generous proportions, remarkable views, and an unbeatable location come together in one exceptional home.
Estimate your monthly payments for this property
Estimated Payment
$5,745.92/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 Danforth / East York
Danforth / East York 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 Danforth / East York
- •Convenient location in Danforth / East York
- •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
Danforth / East York 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.
1048 Broadview Avenue Unit 2402, Danforth / East York
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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 $928/sqft, this property is priced in line with current Danforth 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.
Just Listed - Act Strategically
This property hit the market within the last week. In Danforth's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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: Danforth properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.