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    Toronto / Scarborough / Oakridge

    308 - 3520 Danforth Ave

    For SaleTerraces On Danforth Condos
    $518,800
    1 Bed + 1
    1 Bath
    2 Parking
    608 SQFT
    154 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $450/mth
    Taxes:
    $1,966 (2023)
    Cost Per Sqft:
    $853/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    June 6, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Kitchen, Laminate, Walkout To Balcony
    23.79 x 10.01ft
    Kitchen
    Combined with Living, Laminate, Granite Counter
    23.79 x 10.01ft
    Bedroom
    Double Closet, Carpet
    12.4 x 9.09ft

    About this Listing

    Great Central Location. Close To Everything! Easy Access To Kingston Road, The Beaches, The Danforth And Downtown, Go Transit Nearby And Ttc Stop At The Front Door, 3 Subway Stops Nearby (Warden, Main And Victoria Park). This 1+1 Unit Features 608 Sq. Ft. + 43 Sq. Ft. Balcony, Is South Facing And Has An Owned Underground 2 Parking Spot And 1 Locker* Granite Kitchen Counter And Stainless Steel Appliances. Great Value!

    ExtrasStainless Steel Fridge, Stainless Steel Stove, B/I Microwave, Stainless Steel Dishwasher, White Stacked Washer/Dryer. Building Amenities include Access To Fitness Room, Party Room With Nice Decor, 6th Floor Terrace With Bbq And Seating Area

    homelife frontier realty inc.MLS® #E8411674

    Amenities

    Security System
    Visitor Parking
    Rooftop Deck
    Party Room
    Concierge
    Gym 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!'

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Terraces On Danforth Condos vs The Oakridge Area

    Building Trends At Terraces On Danforth Condos

    Days on Strata

    Units at Terraces On Danforth Condos spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Oakridge

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 4 condos in the Oakridge area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Terraces On Danforth Condos offers the
    ?
    best value out of 4 condos in the Oakridge neighbourhood

    Appreciation Rank

    Terraces On Danforth Condos has the
    ?
    highest ROI out of 4 condos in the Oakridge neighbourhood

    Rental Yield

    Terraces On Danforth Condos yields the
    ?
    highest rent prices out of 4 condos in the Oakridge neighbourhood

    High Demand

    Terraces On Danforth Condos is the
    ?
    most popular building out of 4 condos in the Oakridge neighbourhood

    Transaction Insights at 3520 Danforth Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price RangeNo Data$440,000 - $527,000No Data$585,000No Data
    Avg. Cost Per SqftNo Data$827No Data$727No Data
    Avg. Wait for Unit Availability329 Days70 Days228 Days1357 DaysNo Data
    Ratio of Units in Building11%65%15%10%2%

    Transactions vs Inventory

    Total number of units listed and sold in Oakridge