$2,499,000 - 290 Waverley Road, The Beaches
Detached for Sale in The Beaches
101 days on market- MLS Number
- E12857456
- Property Type
- Detached
- Status
- active
- Days on Site
- 101
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
A Newly Renovated 3-Storey Detached Home On Waverley Rd, Designed For Sun-Filled Living And Effortless Entertaining In One Of Toronto's Most Loved Beachside Neighbourhoods. Step Inside And Experience A Bright Open-Concept Layout Where Each Space Flows Seamlessly Into The Next. The Main Floor Unfolds Into Four Beautifully Connected Living Zones, All Filled With Abundant West-Facing Sunlight Through Oversized Windows. A Stunning Floor-To-Ceiling Window Living Room Welcomes You In, Leading Into An Inviting Dining Area Perfect For Family Gatherings And Entertaining.The Custom High-End Kitchen Features JennAir Appliances, A Large Centre Island, And Thoughtfully Designed Cabinetry. The Spacious Family Room Is Anchored By Custom Built-Ins And A Brand New Gas Fireplace, With Oversized Floor-To-Ceiling Sliding Doors Opening To The Deck For Easy Indoor-Outdoor Living. The Home Offers 4 Bedrooms Above Grade, Including 2 Bedrooms With Private 5-Piece Ensuites. The Third-Floor Primary Retreat Is A True Sanctuary Featuring A Spa-Inspired Ensuite And A Private Deck With City And CN Tower Views. Imagine Starting Your Morning With Coffee And Fresh Air, Practicing Yoga In The Summer Sun, Watching The Colours Of Fall Change Across The Neighbourhood, Or Enjoying A Quiet Winter Evening While Snow Gently Falls Outside. The Fully Finished Walk-Out Basement Redefines What A Lower Level Can Be. Bright And Welcoming With Floor-To-Ceiling West-Facing Sliding Doors, It Features A Wet Bar, Second Laundry, And A Spacious Guest Bedroom Perfect For In-Laws Or Friends Who May Never Want To Leave After Experiencing Life By The Lake. Every Inch Of This Home Has Been Carefully Designed And Crafted With Exceptional Attention To Detail. The Property Also Offers 2-Car Lane Parking With An Electric Vehicle Charger Installed, A Rare And Valuable Feature In This Neighbourhood. Just Steps To The Beach, Parks, Shops, And Restaurants, This Is A Rare Opportunity To Experience The Best Of Beachside Living.
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Estimated Payment
$11,053.92/mo
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 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
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.
290 Waverley Road, The Beaches / Upper Beaches
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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
Premium Pricing
At $1250/sqft, this property is priced above the The Beaches average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 101 days on site, this property has exceeded the typical selling timeline for The Beaches. 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.
Detached Home Advantages
Detached homes in The Beaches are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in The Beaches.
Bathroom Count Matters
With 5 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: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $10,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.