$999,000 - 1050 Eastern Avenue Unit 1412, The Beaches
Condo for Sale in The Beaches
141 days on market- MLS Number
- E12671064
- Property Type
- Condo
- Status
- active
- Days on Site
- 141
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Locker
- None
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Amazing opportunity to live in the iconic Queen & Asbridge condominiums sitting at the cusp of the Beaches & Leslieville neighbourhoods. Stunning brand new 1000 Sq Ft 2-bedroom 2 washroom corner suite boasting a 263 sq. ft terrace with breathtaking unobstructed views of the lake and city skyline. This contemporary unit offers an open-concept layout, chef inspired kitchen with full size integrated appliances and modern cabinetry, elegant wide plank flooring throughout, soaring ceilings with wall to wall windows that flood the unit with natural light. The private terrace provides a seamless indoor-outdoor lifestyle for entertaining or unwinding in style, plus it's a stunning backdrop for everyday living. Enjoy an oasis of unmatched amenities-24-hour concierge, state -of-the-art 5000 sq. ft fitness center with spin and yoga studios, spa-like change rooms featuring steam saunas and beautifully appointed guest suites. Elevated residence Sky Club lounge and bar with panoramic views, BBQ'S and dining areas, fire pit and lounge settings provides a very welcoming setting. Pet owners will love the 8th dog run and spa. Work-from-home in a modern co-working space featuring study and meeting rooms along with 2 visitor lounges, parcel lockers and secure bike storage. Steps to Queen street surrounded with trendy cafes, boutiques, and public transit. Surrounded with parks, access to the waterfront, beach, boardwalk and Ashbridge Marina. Truly an unbeatable lifestyle in one of the city's most vibrant and connected neighbourhoods..
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 1412, The Beaches / Upper Beaches
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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 $1110/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 141 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.
Efficient Living
At 900 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.
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 $4,163 (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.