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New4 hours ago

10 - 286 Main Street

East End-Danforth, Toronto

$689,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Welcome to luxury condo living in the sought-after Reserve Collection by Tribute Communities. This beautifully designed 2 Bedroom + Den suite offers approximately 796 sq. ft. of thoughtfully planned living space, featuring a modern open-concept layout and upscale finishes throughout. The stylish kitchen showcases quartz countertops, contemporary cabinetry, stainless steel appliances, and a large island overlooking the spacious living and dining area-perfect for entertaining or everyday living. Floor-to-ceiling windows fill the suite with natural light, complemented by a desirable south exposure and a private balcony-ideal for relaxing outdoors. The generous primary bedroom offers excellent closet space and convenient access to the full bath. A versatile second bedroom and separate den provide flexible options for guests, a home office, or additional living space. Additional features include in-suite laundry, modern finishes, and an efficient layout designed for comfortable urban living. Investment Opportunity: Current tenants are paying $3,300/month plus utilities and are willing to stay, with up to 3 more years of guaranteed rent available (ask listing agent for details). Tenants are also flexible and willing to vacate if required. Residents enjoy exceptional building amenities including a 24-hour concierge, fully equipped fitness centre, party room and resident lounge, meeting room, children's playroom, bike storage, pet spa, and a spectacular outdoor terrace complete with BBQ area and entertaining spaces. Location Highlights: Convenient proximity to amenities on the same floor Walking distance to subway/transit Steps to the vibrant Greek Town and the Beaches Close to shopping, dining, parks, and major commuter routes Includes a great owned parking spot. Located in a vibrant master-planned community, this is an exceptional opportunity for end-users and investors alike.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$632
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,193
mls© NumberE13860856
Listed ByEXP REALTY
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,527
Property tax
$349
Heat allowance
$150
Condo fees, half counted
$316
Housing costs
$4,342 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $137,800
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$2,899 / mo
Cash down
$137,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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