286 Main Street Unit 619, Toronto E02

Price: $624,900

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: E13162264

Welcome home to your luxury two bedroom two bathroom condo with spectacular unobstructed city skyline and park views! This bright and sun filled suite features a functional open concept layout with 9 foot ceilings, a modern contemporary kitchen with quartz countertops, full size stainless steel appliances, plenty of cabinet space, and a large island perfect for entertainment! Spacious primary bedroom with its own ensuite bathroom. The second bedroom is ideal for guests, a home office, or additional living space. Enjoy the evening sunset and breathtaking panoramic views from your large balcony. Newer building, located in a vibrant multicultural east end community, steps to Danforth GO station and TTC Main subway station, making your short commute to downtown or anywhere in the city seamless! Close to trendy restaurants, cafes, shopping and entertainment. Great building amenities include full size gym, yoga studio, kids play area, party room, outdoor terrace with BBQs and dining areas, pet washing station, 24 hours concierge, guest suites, and more! One locker on same floor for added convenience is includes!

286 Main Street Unit 619 - Condo photo 1 of 26 in The Beaches / Upper Beaches, Ontario
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$624,900 - 286 Main Street Unit 619, The Beaches

Condo for Sale in The Beaches

2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
E13162264
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
The Beaches / Upper Beaches
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome home to your luxury two bedroom two bathroom condo with spectacular unobstructed city skyline and park views! This bright and sun filled suite features a functional open concept layout with 9 foot ceilings, a modern contemporary kitchen with quartz countertops, full size stainless steel appliances, plenty of cabinet space, and a large island perfect for entertainment! Spacious primary bedroom with its own ensuite bathroom. The second bedroom is ideal for guests, a home office, or additional living space. Enjoy the evening sunset and breathtaking panoramic views from your large balcony. Newer building, located in a vibrant multicultural east end community, steps to Danforth GO station and TTC Main subway station, making your short commute to downtown or anywhere in the city seamless! Close to trendy restaurants, cafes, shopping and entertainment. Great building amenities include full size gym, yoga studio, kids play area, party room, outdoor terrace with BBQs and dining areas, pet washing station, 24 hours concierge, guest suites, and more! One locker on same floor for added convenience is includes!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,206.06/mo

Includes CMHC insurance ($17,435)

$
$
5%10%50%

5-yr fixed avg.

Principal: $562,410Interest: $381,974
Mortgage Amount$579,845
Total Interest$381,974
Est. Property Tax$443/mo
Total Cost$961,818

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 619, 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)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$443
Insurance (est.)-$130
Net Cash Flow+$1,237

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 $1042/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 19 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 600 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 $2,604 (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 619, The B… — $624,900 | Battaglia Team