$999,000 - 1050 Eastern Avenue Unit 823, The Beaches
Condo for Sale in The Beaches
104 days on market- MLS Number
- E12845752
- Property Type
- Condo
- Status
- active
- Days on Site
- 104
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Beach Vibes. Skyline Energy. Zero Compromise. Welcome To QA At Queen & Ashbridge - Where The Lake, The City, And The Ultimate Beach Lifestyle All Meet. This Stunning 2-Bedroom, 2-Bath Suite Proves You Don't Need Big Square Footage To Live Large. With Floor-To-Ceiling Windows And A Sun-Drenched Open-Concept Layout, This Space Feels Airy, Elevated, And Effortlessly Cool. Step Onto Your Private Balcony And Take In The Neighbourhood Energy - Morning Coffee, Sunset Wine, Your Moment. The Smart Split-Bedroom Design Offers Privacy And Flexibility For Professionals, Couples, Or Anyone Working From Home Without Wasting A Single Inch Of Space. The Sleek Modern Kitchen Features Integrated Appliances, Clean Contemporary Finishes, And Seamless Flow Into The Living And Dining Area - Perfect For Hosting Or Relaxing In Style.The Primary Retreat Includes A Walk-In Closet And A Private Ensuite, Creating A Calm Escape After Long Beach Days, While The Second Bedroom Works Beautifully As A Guest Room, Office, Or Creative Space. Located on the Highly Desirable 8th Floor - Home to QA's Private Dog Run and Outdoor Terrace - This Suite Offers Unmatched Convenience For Pet Owners and a Quieter, More Exclusive Residential Feel With Limited Through-Traffic. Step Out For a quick dog walk or fresh Air Without Ever Waiting For an Elevator. Step Outside And You're Minutes From Ashbridges Bay, The waterfront Trail, Pickleball And Tennis Courts, The Yacht Club, Beach Volleyball, And The Vibrant Shops And Restaurants Along Queen Street- Ambrosia And Good Earth Coffee Are Conveniently Located In The Building For Effortless Everyday Living. QA's Premium Amenities Include A State-Of-The-Art Fitness Centre, Yoga And Spin Studios, Steam Rooms, Co-Working Lounge, Guest Suites, Dog Run, Bike Storage, And An Expansive Outdoor Social Terrace With BBQ'S And Lounge Areas That Feel Like A Private Club. EV Parking, Locker, And An Unbeatable Location Complete This Incredible Offering. It is an assignment sale.
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 823, 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 $1427/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 104 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 700 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.