$649,900 - 1071 Woodbine Avenue Unit 306, Danforth
Condo for Sale in Danforth
55 days on market- MLS Number
- E13028458
- Property Type
- Condo
- Status
- active
- Days on Site
- 55
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Danforth / East York
- Locker
- Ensuite
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Have you been dreaming of owning a home with stunning Toronto skyline views? This spacious two-storey condo offers the feel of a house within a building. Skip the yard work and unwind with breathtaking sunsets from your expansive 100+ sq ft private balcony. The main level features a bright, open-concept living and dining area, perfect for entertaining or relaxing. Upstairs, you'll find two generously sized bedrooms, a beautifully modern bathroom, and a rare, dedicated laundry room for added convenience. Ample closet space and storage throughout make everyday living effortless. Maintenance fees cover all utilities, including cable and internet, offering exceptional value and peace of mind. Enjoy unbeatable access to transit with the subway less than a five-minute walk away, all while being steps from the vibrant Danforth, with parks and green spaces nearby, and just minutes to the Beaches.
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
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.
1071 Woodbine Avenue Unit 306, 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
Competitive Pricing
At $650/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 55 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.
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 $2,708 (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.