1463 O'Connor Drive Unit 2, Toronto E03

Price: $1,245,900

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E12677924

MOVE-IN READY! Welcome To The Victoria at Amsterdam, An Upgraded Brand New Luxury Condo Townhome In Central East York. Close To Schools, Shopping and Transit. **Buyers may get up to a $130,000 HST rebate!** This Beautiful 2 Bedroom Plus Main Floor Den Offers 1,330 Sq Ft Of Interior & 2 Private Balconies Plus Terrace Totalling 435 Sq Ft Of Outdoor Space. Balconies on each level. Complete With Energy Efficient Stainless Steel: Fridge, Slide-In Gas Range, Dishwasher & Microwave Oven/Hood Fan. Stackable Washer/Dryer. Amenities Include A Gym, Party Room And Car Wash Station. Features & Finishes Include:Contemporary Cabinetry & Upgraded Quartz Countertops and Upgraded Waterfall Kitchen Island. Quality Laminate Flooring Throughout W/ Upgraded Tiling In Bathrooms Upgraded Tiles In Foyer. Smooth Ceilings.Chef's Kitchen W/ Breakfast Bar, Staggered Glass Tile Backsplash, Track Light, Soft-Close Drawers & Undermount Sink W/ Pullout Faucet. ***Exceptional new buyer incentives include: live free for one year with maintenance fees paid for 12 months, 3.99% one-year mortgage rate guarantee, free parking and locker, buy with only 5% deposit, development charges capped, and full Tarion Warranty Program protecting your home for up to 7 years.***

1463 O'Connor Drive Unit 2 - Condo photo 1 of 21 in Danforth / East York, Ontario
1463 O'Connor Drive Unit 2 - Condo photo 2 of 21 in Danforth / East York, Ontario
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$1,245,900 - 1463 O'Connor Drive Unit 2, Danforth

Condo for Sale in Danforth

138 days on market
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E12677924
Property Type
Condo
Status
active
Days on Site
138
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Danforth / East York
Locker
None
Exposure
West
Balcony
Terrace
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

MOVE-IN READY! Welcome To The Victoria at Amsterdam, An Upgraded Brand New Luxury Condo Townhome In Central East York. Close To Schools, Shopping and Transit. **Buyers may get up to a $130,000 HST rebate!** This Beautiful 2 Bedroom Plus Main Floor Den Offers 1,330 Sq Ft Of Interior & 2 Private Balconies Plus Terrace Totalling 435 Sq Ft Of Outdoor Space. Balconies on each level. Complete With Energy Efficient Stainless Steel: Fridge, Slide-In Gas Range, Dishwasher & Microwave Oven/Hood Fan. Stackable Washer/Dryer. Amenities Include A Gym, Party Room And Car Wash Station. Features & Finishes Include:Contemporary Cabinetry & Upgraded Quartz Countertops and Upgraded Waterfall Kitchen Island. Quality Laminate Flooring Throughout W/ Upgraded Tiling In Bathrooms Upgraded Tiles In Foyer. Smooth Ceilings.Chef's Kitchen W/ Breakfast Bar, Staggered Glass Tile Backsplash, Track Light, Soft-Close Drawers & Undermount Sink W/ Pullout Faucet. ***Exceptional new buyer incentives include: live free for one year with maintenance fees paid for 12 months, 3.99% one-year mortgage rate guarantee, free parking and locker, buy with only 5% deposit, development charges capped, and full Tarion Warranty Program protecting your home for up to 7 years.***

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,511.04/mo

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5%20%50%

5-yr fixed avg.

Principal: $996,720Interest: $656,591
Mortgage Amount$996,720
Total Interest$656,591
Est. Property Tax$883/mo
Total Cost$1,653,311

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.

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Neighbourhood Guide: Danforth / East York

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

1463 O'Connor Drive Unit 2, Danforth / East York

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$883
Insurance (est.)-$260
Net Cash Flow+$997

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1038/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 138 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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $5,191 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1463 O'Connor Drive Unit 2, D… — $1,245,900 | Battaglia Team