2343 Gerrard Street Unit Centre, Toronto E02

Price: $699,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13429860

** Builder Sale - Huge Savings on HST ** Brand new, and never lived in. Unequalled space both inside and out in a rare boutique building! The Centre Home at the Walk-Up offers you an entire floor to call home, featuring over 1,100 square feet inside framed by a pair of terraces at each end filling the home with amazing natural light. A carefully designed floorplan and exceptional details featuring hardwood throughout, a custom kitchen with integrated Fisher & Paykal appliances, gas cooktop, stylish eat-at island and generous dining and living spaces perfect for entertaining. Full 2 bedrooms and 2 bathrooms, with primary ensuite featuring an oversized walk-in shower, dual vanities and a terrific walk-in closet. A truly unbeatable floorplan, and features found only in custom homes. Exceptional space, designed and built to very high standards with superior acoustic insulation, oversized windows, individual heating/cooling and great ensuite storage. Moments to the Main subway, nearby shopping, parks, schools and Kingston Road Village. Full Tarion warranty and available immediately!

2343 Gerrard Street Unit Centre - Condo photo 1 of 23 in The Beaches / Upper Beaches, Ontario
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New Listing
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$699,000 - 2343 Gerrard Street Unit Centre, The Beaches

Condo for Sale in The Beaches

New — Listed 2 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13429860
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
The Beaches / Upper Beaches
Locker
Ensuite
Exposure
North South
Balcony
Terrace
Listing Brokerage
RIGHT AT HOME REALTY
Description

** Builder Sale - Huge Savings on HST ** Brand new, and never lived in. Unequalled space both inside and out in a rare boutique building! The Centre Home at the Walk-Up offers you an entire floor to call home, featuring over 1,100 square feet inside framed by a pair of terraces at each end filling the home with amazing natural light. A carefully designed floorplan and exceptional details featuring hardwood throughout, a custom kitchen with integrated Fisher & Paykal appliances, gas cooktop, stylish eat-at island and generous dining and living spaces perfect for entertaining. Full 2 bedrooms and 2 bathrooms, with primary ensuite featuring an oversized walk-in shower, dual vanities and a terrific walk-in closet. A truly unbeatable floorplan, and features found only in custom homes. Exceptional space, designed and built to very high standards with superior acoustic insulation, oversized windows, individual heating/cooling and great ensuite storage. Moments to the Main subway, nearby shopping, parks, schools and Kingston Road Village. Full Tarion warranty and available immediately!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5%10%50%

5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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: The Beaches / Upper Beaches

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

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

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.

70
Walk Score
Varies
Price Range

2343 Gerrard Street Unit Centre, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,069

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

Competitive Pricing

At $699/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.

Just Listed - Act Strategically

This property hit the market within the last week. In The Beaches's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,913 (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.

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    2343 Gerrard Street Unit Centre… — $699,000 | Battaglia Team