$1,649,000 - 1050 Eastern Avenue Unit 1310, The Beaches
Condo for Sale in The Beaches
95 days on market- MLS Number
- E12879488
- Property Type
- Condo
- Status
- active
- Days on Site
- 95
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
This is a premium unit in the state of the art Queen & Ashbridge Condos. It's brand new - a 1244 square foot 3 bedroom, 2 bathroom suite with a 391sf wrap around terrace that has a gas line for a barbecue and hose bib - with absolutely stunning breathtaking panoramic views of Lake Ontario, the city downtown skyline, and watch the change of seasons with the lush tree canopy to the north and east as far as your eye will take you! Natural light floods into this unit through its floor-to ceiling windows adjacent to the terrace, along with huge windows in each bedroom. Tens of thousands of dollars were spent on upgrades! It has hardwood floors throughout, full-size Miele appliances (induction stove top, oven, refrigerator, dishwasher), wine fridge, ensuite laundry, and custom blinds. *The amenities in this building are five star and amongst the best ever seen for a condo building in this city! The 5,000 sq. ft. gym is sun drenched as a result of its towering wall of windows! There are also yoga, spin studios, and steam saunas. The building also features social spaces that include a rooftop "Sky Club" with a party room, lounge, and terrace, and a ground level "Bridge Lounge", a co-working lounge, study & meeting rooms, secure parcel drop off lockers, extensive bike storage, and 7 guest suites. If that wasn't enough there are also outdoor amenities; a dog run, rooftop terrace with BBQs and dining areas, and the courtyard with garden plots and quiet spots complete with hammocks. Steps to the beach, boardwalk, and Ashbridges Bay and all that is Queen St East! The Queen streetcar is just a few short steps away, as well at the bus to Coxwell subway station. Leslieville, with its trendy restaurants and specialty shops, farmer's market, and parks is also just a pleasant stroll away. Come make yourself at home. *Note: Some photos are virtual staging*
Estimate your monthly payments for this property
Estimated Payment
$7,294.08/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.
1050 Eastern Avenue Unit 1310, 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
Premium Pricing
At $1374/sqft, this property is priced above the The Beaches average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 95 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.
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.
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 $6,871 (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.