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    308 - 3520 Danforth Ave

    For SaleTerraces On Danforth Condos
    $499,000
    1 Bed + 1
    1 Bath
    2 Parking
    608 SQFT
    3 Days on Strata
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $511/mth
    Taxes:
    $2,110 (2024)
    Cost Per Sqft:
    $821/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    Immediately
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Modern Kitchen, Stainless Steel Appliances, Laminate
    18.6 x 10.01ft
    Dining
    Combined with Dining, Open Concept, Laminate
    18.6 x 10.01ft
    Living
    Windows Floor to Ceiling, Walkout To Balcony, Laminate
    18.6 x 10.01ft

    About this Listing

    Welcome to The Terraces on Danforth! Bright and spacious One-Bedroom+Den with TWO Parking Spots and Locker located in a peaceful mid-rise building. This well-designed floor plan has no wasted space and has just been freshly painted with brand new flooring installed. Featuring a modern kitchen with S/S appliances and stone countertops, primary bedroom with a large walk-in closet offering plenty of storage; and a large den that is ideal for a home office or easily converted into a guest room. Enjoy plenty of sunlight throughout the day from your south-facing floor to ceiling windows. Convenient location with easy access to public transportation! Bus stop right outside your door and just a short 10-minute transit ride to Victoria Park Subway Station, Warden Subway Station, and Danforth GO Station. Health centre in the same building and Pharmacy located across the street. Just an 8-minute walk to Oakridge Park and only a 10-minute walk to restaurants along Kingston Road and the Toronto Public Library. The Oakridge Community Centre, Birchmount Park, and Birchmount Community Centre are all within a 7 minute transit ride or 15 minute walk. Local conveniences such as Fresco Supermarket, Metro, Shoppers Drug Mart, LCBO, Staples, LA Fitness, and Tim Hortons, are all within a 10-minute transit ride or 20-minute walk. With just a 5-minute drive to the Beaches and a 10-minute drive to Greektown, enjoy access to two of the best neighbourhoods in Toronto. Plus, there are 2 EV charging stations just a short drive away. Excellent value with 2 parking spots and 1 locker - a rare find in such a convenient location!

    Extras*** 2 Parking Spaces. 1 Locker *** S/S Fridge, S/S Stove, B/I Dishwasher, Microwave with Hood Fan, Front load Washer and Dryer. Building amenities include exercise room, rooftop terrace, party room, outdoor BBQ area, meeting room, bike storage, and visitor parking.

    royal lepage signature realtyMLS® #E12016217


    Amenities

    Gym Room
    BBQs Allowed
    Visitor Parking
    Rooftop Deck
    Security System
    Party Room

    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,973
    Average Individual Income
    $63,938
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $105,083
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    53%
    $30,000+
    23%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    29%
    Low Rise Apartment
    9%
    High Rise Apartment
    8%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    48%
    Cantonese
    22%
    Mandarin
    17%
    Other
    8%
    Tamil
    3%
    Tagalog
    2%
    Education
    University and Above
    29%
    High School
    26%
    None
    21%
    College
    16%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    13%
    Social Sciences
    11%
    Math & Computer Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Maintenance Fees

    Terraces On Danforth Condos vs The Oakridge Area

    Days on Strata

    Units at Terraces On Danforth Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Oakridge

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -15%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 5 condos in the Oakridge area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Terraces On Danforth Condos offers the
    ?
    best value out of 5 condos in the Oakridge neighbourhood

    Appreciation Rank

    Terraces On Danforth Condos has the
    ?
    highest ROI out of 5 condos in the Oakridge neighbourhood

    Rental Yield

    Terraces On Danforth Condos yields the
    ?
    highest rent prices out of 5 condos in the Oakridge neighbourhood

    High Demand

    Terraces On Danforth Condos is the
    ?
    most popular building out of 5 condos in the Oakridge neighbourhood

    Transaction Insights at 3520 Danforth Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price RangeNo Data$420,000 - $440,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$725No DataNo DataNo Data
    Avg. Wait for Unit Availability247 Days79 Days230 Days1357 DaysNo Data
    Ratio of Units in Building15%62%15%10%2%

    Transactions vs Inventory

    Total number of units listed and sold in Oakridge