$599,000 - 8 Trent Avenue Unit 426, The Beaches
Condo for Sale in The Beaches
56 days on market- MLS Number
- E13024866
- Property Type
- Condo
- Status
- active
- Days on Site
- 56
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Location Location LocationIncredible opportunity in the East End Danforth community, perfect for first time buyers or investors. This spacious and well designed 2 bedroom suite offers a bright, open concept layout with southwest facing views.Enjoy this bright and spacious 2 bedroom plus den suite, a short walk from Main Subway Station.The eat-in kitchen features stainless steel appliances and a large balcony comes as part of your personal living space.A 4 piece ensuite bathroom is combined with the primary bedroom, plus there is also a second bathroom for guests.This sale includes on parking spot and one storage locker.Steps to shops and restaurants along the Danforth, plus minutes to streetcars, the subway and the Go train station.It is the perfect place to call home or a smart addition to your investment portfolio. Enjoy low maintenance fees that include heat and water, offering added value and stress free ownership. Residents have access to fantastic building amenities including a modern lounge, fully equipped fitness centre, rooftop terrace facing the Toronto Skyline with BBQs and gardens, party and meeting rooms with a full kitchen, and plenty of visitor parking. With just steps to Main Subway Station, the Danforth GO Train, or a quick streetcar ride downtown, making commuting effortless. Surrounded by grocery stores, cafés, restaurants, shopping along the Danforth, and nearby parks and recreation, everything you need is right at your doorstep.Whether you are looking to get into the market or expand your portfolio, this is a standout opportunity in a thriving neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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.
8 Trent Avenue Unit 426, 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
Competitive Pricing
At $749/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 56 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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.