$439,000 - 1048 Broadview Avenue Unit 506, Danforth
Condo for Sale in Danforth
62 days on market- MLS Number
- E13001084
- Property Type
- Condo
- Status
- active
- Days on Site
- 62
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Danforth / East York
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
Whether You're Stepping Into Home Ownership or Looking for a Turnkey City Pied-a-Terre, This Suite Delivers Comfort, Simplicity, and Style. Enjoy Easy, Contemporary Living in This Beautifully Maintained 1 Bedroom, 1 Bath Suite That Offers a Smart, Functional Layout and an Abundance of Natural Light. A Modern Eat-In Kitchen is Equipped With Sleek Stainless-Steel Appliances and is Designed For Both Everyday Living and Entertaining. This Open-Concept Living Space Flows Seamlessly, Maximizing Every Square Foot & Ensuring That Every Nook is Sunlit! The Spacious Bedroom Includes a Double Closet and Direct Walk-Out to an East Facing Balcony, Creating a Calm and Airy Escape - the Perfect Spot for Your Morning Coffee. Ensuite Laundry Adds to the Convenience of This Low-Maintenance Suite. Step Outside and the City Unfolds Around You. Grab Fresh Groceries Just Across the Street, Stroll to Your Favourite Spots Along the Danforth, or Hop on the Subway Just a Quick Walk Away. On Weekends, Wander Through the Don Valley Trails or Spend a Morning at the Brickworks Farmer's Market. Hop on the Freeway in Minutes! Minto Skyy is a Well-Maintained, LEED Certified Building With 24 Hr Concierge & Exceptional Amenities in the Skyy Club: Large Party Room With Spacious Terrace & BBQs, Theatre, Library, Weight/Yoga & Cardio Rooms, Sauna & Bike Storage. Plenty of Visitor Parking Too. A Fantastic Opportunity Offering Fabulous Value in a Modern, Eco-Conscious Building.
Estimate your monthly payments for this property
Estimated Payment
$2,252.30/mo
Includes CMHC insurance ($12,248)
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 506, Danforth / East York
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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 $878/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.
Negotiation Opportunity
At 62 days on site, this property has exceeded the typical selling timeline for Danforth. 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.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.