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    1346 Danforth Road

    Danforth Village Estates
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    250
    Condo Completion:
    2018
    Condo Demand:
    Medium
    Unit Size Range:
    406 - 949 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Danforth Village Estates

    Receive listing updates for Eglinton East

    Amenities

    BBQ
    Concierge
    Media Room
    Games Room
    Gym Room
    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 1346 Danforth RoadDanforth Village Estates

    Scarborough condos have undergone a renaissance of sorts in recent years, with countless new and impressive towers cropping up across the region, and condos like 1346 Danforth Rd are leading the charge.

    Danforth Village Estates is an Eglinton East tower with major curb appeal. Rising to 16 storeys, clad in glass and with unique balcony squares — this appealing 2015 built condo provides modern homes only steps from winding walking trails and beautiful natural scenery at Knob Hill Park.

    1346 Danforth Rd balances affordability, comfort, and style. The building includes thoughtful amenities — a fitness room, a party room with a fireplace, a rooftop deck with stunning views, and a 24 hour concierge service. Both condo fees and price per square foot are low compared to condos in downtown Toronto, making this an exceptional choice for first time home buyers.

    The Suites

    The units at 1346 Danforth Rd follow open concept layouts and are available in a variety of floor plans from studios at 453 square feet to 2 bedroom plus den units at 949 square feet. These condos are an excellent fit for first-time home buyers as finishes align with starter homes, rather than executive condos.

    Prospective buyers can count on efficient kitchen layouts with breakfast bars and full-sized stainless steel appliances. Prep space can be tight, and most units have ceramic countertops, unless upgraded. Again, buyers will note that laminate floors are more common than hardwoods, and some units have carpet in the bedrooms.

    All suites have private covered balconies and stacked laundry. Though finishes might not dazzle buyers, there's great value here and these suites are a few upgrades away from being very impressive.

    The Neighbourhood

    Condo residents don’t have a backyard, they have something better — Knob Hill Park inplace of a backyard. This large green space is equipped with an outdoor pool, playgrounds, nature trails, and lots of open space to run around or fly kites. There’s a school within walking distance and Scarborough Knob Hill YMCA is just north of the park.

    When the mood strikes, residents of 1346 Danforth Rd can stroll to the local standout Tasty Jollof Restaurant and Lounge, which serves incredible African cuisine. There’s Diamond Pizza for a slice and New Can Cey Restaurant for Sri Lankan. For more options, Eglinton Ave is only a few minutes south for an assortment of fast food chains and local restaurants.

    Boutiques are sprinkled along Eglinton Ave E — specialty stores and big box retailers — and there’s a large selection to the west in the Golden Mile neighbourhood; from clothing boutiques to tech stores and of course, more big box retailers. This area also hosts some great restaurants and a cinema for movie nights.

    Transportation

    Danforth Village Estates isn’t a particularly great building for buyers who like getting things done on foot, as only small errands can be completed without a car. Public transit is a better way to get around thanks to nearby bus stops on Bathurst St, connecting to Kennedy GO for train service and Kennedy Station for subway lines.

    Car owners are a bit isolated from highways and will need to exercise some patience as they make their way west on Lawrence Ave for the Don Valley Parkway.

    2

    Listings For Sale

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    Listings For Rent

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    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    3/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Similar condos

    Demographics

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

    Population
    7,603
    Average Individual Income
    $59,032
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $104,500
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    18%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    54%
    $30,000+
    25%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    48%
    Semi Detached
    35%
    Duplex
    8%
    Low Rise Apartment
    3%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    51%
    Cantonese
    22%
    Mandarin
    15%
    Other
    7%
    Tamil
    3%
    Tagalog
    1%
    Punjabi
    1%
    Education
    High School
    28%
    University and Above
    26%
    None
    23%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    14%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Danforth Village Estates vs The Eglinton East Area

    Days on Strata

    Units at Danforth Village Estates spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.3
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 18 condos in the Eglinton East area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    Danforth Village Estates offers the
    ?
    best value out of 18 condos in the Eglinton East neighbourhood

    Appreciation Rank

    Danforth Village Estates has the
    ?
    highest ROI out of 18 condos in the Eglinton East neighbourhood

    Rental Yield

    Danforth Village Estates yields the
    ?
    highest rent prices out of 18 condos in the Eglinton East neighbourhood

    High Demand

    Danforth Village Estates is the
    ?
    most popular building out of 18 condos in the Eglinton East neighbourhood

    Transaction Insights at 1346 Danforth Road

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$390,000$430,000 - $435,180$495,000 - $500,000$543,360 - $612,000$615,000 - $649,000
    Avg. Cost Per Sqft$893$807$710$826$722
    Avg. Wait for Unit Availability752 Days109 Days75 Days78 Days76 Days
    Ratio of Units in Building3%22%27%27%22%

    Unit Sales vs Inventory

    Total number of units listed and sold in Eglinton East