$859,000 - 99 Coleman Avenue Unit 106, The Beaches
Condo for Sale in The Beaches
- MLS Number
- E13151502
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Locker
- Exclusive
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- REMAX CONNECT REALTY
Looking for an east-end loft like no other? Unit 106 at the Coleman Lofts has got you covered! Welcome to 99 Coleman Avenue Suite 106, a main-level hard loft conversion bursting with unique style. Formerly a bakery & now your future home sweet home, unit 106 is what true loft dreams are made of. With street-level access, yet tucked away down a private walkway, coming home is a joy. Step inside the proper foyer with a front-hall closet & wood accent detailing. Notice right away the sky-high ceilings & skylights letting in lots of natural light no matter the season or weather. The dark & moody designer kitchen features bold stone, sleek black appliances, & plenty of room to cook up a storm while your guests chit chat at the breakfast bar. The large living & dining rooms feature a gas fireplace & so much flexibility to set up the lounging & dining vignettes a hard loft like this deserves. Walk past the original exterior & windows of the aforementioned bakery & into the large den perfect for a work-from-home setup, a home gym, reading nook, or whatever your heart desires. The primary bedroom features double closets, & the second bedroom makes an ideal guest or child's room. The renovated bathroom makes getting ready each day a joy, & laundry on this level means never running up & down stairs with the hamper. A rooftop terrace - accessed via a charming spiral staircase on the front of the building - will make BBQing the highlight of your summer. Oh, and there's also direct access from the unit to the locker & covered parking - no more heating up the car or freezing outside. Not that you'll need the car with Main Street Station on TTC Line 2 & Danforth GO Station both just minutes walking distance away, making getting to Union Station or zipping around the city a breeze. All the best shops, restaurants, cafes, grocery stores, & amenities are just nearby on & around Danforth Avenue. Welcome home!
Estimate your monthly payments for this property
Estimated Payment
$4,407.12/mo
Includes CMHC insurance ($23,966)
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.
99 Coleman Avenue Unit 106, 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
Fair Market Value
At $954/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 26 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 900 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 $3,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.