$499,000 - 356 Mcrae Drive Unit 406, Don Mills
Condo for Sale in Don Mills
75 days on market- MLS Number
- C12948506
- Property Type
- Condo
- Status
- active
- Days on Site
- 75
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Flemingdon Park / Don Mills
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Discover An Exceptionally Spacious 1-Bedroom Condo In The Heart Of Prestigious Leaside - Condos Of This Size Simply Aren't Built Anymore. This Bright, South-Facing, Well-Designed Suite Sits Within A Warm, Community-Oriented Building Known For Its Friendly Atmosphere And Long-Term Residents. Enjoy A Private Balcony Overlooking The Quiet Courtyard, Perfect For Morning Coffee Or Relaxing At The End Of The Day. The Generous Bedroom Easily Fits A King-Sized Bed And Features Rare His-And-Hers Closets For Truly Functional Storage. The Kitchen Offers An Impressive Amount Of Counter Space, Stainless Steel Appliances, A Built-In Wine Fridge, And Stylish Pot Lights, Making It Ideal For Cooking Or Entertaining. A Separate Laundry Room With Shelving Adds Even More Convenience And Organization. Located In One Of Toronto's Safest And Most Sought-After Neighbourhoods, You're Just Steps From Top-Tier Amenities Including Farm Boy, Longo's, And A Variety Of Shops And Services. Costco Is Only A Short Drive Away, And The New Eglinton Crosstown LRT Station Is A Quick 5-Minute Walk, Offering Effortless Access Across The City. Enjoy Weekend Strolls To The Boutique Shoppes And Acclaimed Restaurants Along Bayview Avenue. Parking And Locker Included. A Rare Combination Of Space, Comfort, And Location - This Is Leaside Living At Its Best.
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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 Flemingdon Park / Don Mills
Flemingdon Park / Don Mills 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 Flemingdon Park / Don Mills
- •Convenient location in Flemingdon Park / Don Mills
- •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
Flemingdon Park / Don Mills 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.
356 Mcrae Drive Unit 406, Flemingdon Park / Don Mills
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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
Competitive Pricing
At $624/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.
Negotiation Opportunity
At 75 days on site, this property has exceeded the typical selling timeline for Don Mills. 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.
Efficient Living
At 800 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.
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.