286 Main Street Unit 408, Toronto E02

Price: $698,990

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: E13136460

**This listing is eligible for HST rebate. Brand-new and never before been lived-in , oversized & chic 791 sq ft, 1+1 bedroom, (rare) 2 bathroom condo, perfectly situated in Toronto's vibrant Main & Danforth neighbourhood. Built by renowned Tribute Communities, this modern residence offers the perfect blend of luxury, convenience, and top-tier craftsmanship. Step inside unit 408 to discover 9-ft ceilings, a spacious and functional layout and premium finishes throughout. The open-concept floorplan is designed for both style and comfort, offering an expansive living and dining space perfect for both everyday living and guest entertaining. The modern kitchen boasts high-end appliances, contemporary cabinetry, neutral backsplash and sleek countertops. The sunny primary bedroom features an airy space with a walk-out to the balcony, ample closet space and a spa-inspired ensuite bath. The unit comes complete with a versatile oversized den, ideal for both a home office or a guest space and a second functional full bathroom. Residents of Linx Condos enjoy state-of-the-art amenities and unparalleled access to transit options, including the Main Street subway, the 506 streetcar, and Danforth GO, making it easy to stay connected to all corners of Toronto. This is city living at its finest-functional, stylish, and perfectly located. (Note: This price includes HST & All Builder/Development Closing Costs. Taxes are estimates based on the 2025 MPAC assessment x 2026 tax rate). **View detailed photos and cinematic video attached**

286 Main Street Unit 408 - Condo photo 1 of 39 in The Beaches / Upper Beaches, Ontario
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$698,990 - 286 Main Street Unit 408, The Beaches

Condo for Sale in The Beaches

32 days on market
2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
E13136460
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
The Beaches / Upper Beaches
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX ALL-STARS REALTY INC.
Description

**This listing is eligible for HST rebate. Brand-new and never before been lived-in , oversized & chic 791 sq ft, 1+1 bedroom, (rare) 2 bathroom condo, perfectly situated in Toronto's vibrant Main & Danforth neighbourhood. Built by renowned Tribute Communities, this modern residence offers the perfect blend of luxury, convenience, and top-tier craftsmanship. Step inside unit 408 to discover 9-ft ceilings, a spacious and functional layout and premium finishes throughout. The open-concept floorplan is designed for both style and comfort, offering an expansive living and dining space perfect for both everyday living and guest entertaining. The modern kitchen boasts high-end appliances, contemporary cabinetry, neutral backsplash and sleek countertops. The sunny primary bedroom features an airy space with a walk-out to the balcony, ample closet space and a spa-inspired ensuite bath. The unit comes complete with a versatile oversized den, ideal for both a home office or a guest space and a second functional full bathroom. Residents of Linx Condos enjoy state-of-the-art amenities and unparalleled access to transit options, including the Main Street subway, the 506 streetcar, and Danforth GO, making it easy to stay connected to all corners of Toronto. This is city living at its finest-functional, stylish, and perfectly located. (Note: This price includes HST & All Builder/Development Closing Costs. Taxes are estimates based on the 2025 MPAC assessment x 2026 tax rate). **View detailed photos and cinematic video attached**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.18/mo

Includes CMHC insurance ($19,502)

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5%10%50%

5-yr fixed avg.

Principal: $629,091Interest: $427,261
Mortgage Amount$648,593
Total Interest$427,261
Est. Property Tax$495/mo
Total Cost$1,075,854

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

286 Main Street Unit 408, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,104

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 $999/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.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $2,912 (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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    286 Main Street Unit 408 | $698,990 | Battaglia Team