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    398 Eglinton Avenue E

    1for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    10
    Number of Units:
    88
    Condo Completion:
    1998
    Condo Demand:
    Medium
    Unit Size Range:
    388 - 2,342 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Maxim

    Receive listing updates for Mount Pleasant East

    Amenities

    Rec Room
    Sauna
    Visitor Parking
    Security System
    Gym Room
    Party Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 398 Eglinton Avenue EMaxim

    A fixture of the diverse Mount Pleasant neighbourhood, the stylish condos at 398 Eglinton Avenue East have long attracted many prospective homeowners. Developed by Dynasty Executive Suites Limited, the landmark Maxim Condos seem to even testify to this midtown Toronto community’s vibrancy.

    The building at 398 Eglinton East does so even when standing at just at 10 storeys tall. The modern architecture of this modestly size building features blue glass balconies and windows that seem to shine even on the cloudiest days. Although the columns at the Maxim Condos’ entrance may make less of an impression as they did when the building was completed in 1998, this is only because the trees in front have grown quite grand themselves.

    Inside, 398 Eglinton East offers a remarkable collection of amenities for residents to enjoy. This includes fitness facilities that are fully-equipped and connected to change rooms and saunas, a party room with its own kitchen, and even a welcoming garden containing a gazebo and common barbecues. Finally, the elegantly appointed lobby is equipped with a 24-hour concierge, whose service matches the warmth set forth by the lush landscaping along Eglinton East.

    The Suites

    Not too big nor too small, the popular Maxim Condos contains 88 suites. Similarly, the one bedroom, one plus den, and two bedroom suites are well sized, ranging from approximately 550 to almost 1,900 square feet. The variation in floor plans makes Toronto condos for sale in this building appealing to a wide demographic. Most living spaces even extend out onto spacious balconies, offering residents great views of the neighbourhood and the city’s skyscrapers on the horizon.

    While 398 Eglinton East was completed and occupied long ago, the suites remain luxurious thanks to thorough updates over the years by their proud residents. Although, they weren’t too shabby from the start: marble foyers welcome residents into homes boasting high-ceilings, and bright atmospheres come courtesy of the abundance of natural light flowing in through floor-to-ceiling windows.

    The Neighbourhood

    The major intersection of Yonge Street and Eglinton East is about a fifteen-minute walk from the Maxim Condos. In and around the Yonge-Eglinton Centre, many enjoy shopping in its large selection of major stores. When running errands, however, those who call this building home don’t even need to travel that far.

    For one, there’s a Loblaws on Eglinton at Lillian Street, as well as an LCBO. Or, for those with fancier palettes, Marcheleo’s Gourmet Marketplace is one street closer, on Eglinton at Brownlow Avenue. And for when essentials run low, there’s a Shoppers around the corner, just a few steps south of Eglinton West on Mount Pleasant Road.

    Along Mount Pleasant Road, there are also many eclectic boutiques and cafés. Those living at 398 Eglinton West enjoy the best of both worlds: all the major brands and products from the Yonge-Eglinton Centre, plus the charming local goods from neighbours along Mount Pleasant are both close at hand.

    Transportation

    Getting around the city - or exiting it altogether — is no problem for those living in the Maxim Condos. For those who usually drive, the traffic moves well in the area, which means getting to the closest highway can often take around ten minutes. Drivers need only head east on Eglinton to get the Don Valley Parkway, with a connection to the 401 a short way north up the DVP.

    But even if residents don’t drive, they can venture throughout the city easily since there are many TTC options in the area. Trips often begin with hopping onto one of the many buses that make stops at Petman Avenue, which runs along Eglinton and brings riders to Eglinton Station in about five minutes.

    Also a short walk from the building, Eglinton Station is situated at a great spot on the Yonge-University Spadina subway line. With a connection to the Bloor-Danforth line a few stations south, and another connection to the Sheppard line a couple stops north, 398 Eglinton East’s residents can reach destinations around the city in no time.

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    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    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
    15,396
    Average Individual Income
    $62,966
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $112,148
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    24%
    $60,000+
    12%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    21%
    Low Rise Apartment
    11%
    High Rise Apartment
    8%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    53%
    Cantonese
    16%
    Mandarin
    15%
    Other
    11%
    Tamil
    3%
    Tagalog
    1%
    Spanish
    1%
    Education
    University and Above
    32%
    High School
    26%
    None
    17%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Maxim vs The Mount Pleasant East Area

    Days on Strata

    Units at Maxim spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    4.4
    YEARS before being sold again

    Property Value

    -14%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 18 condos in the Mount Pleasant East area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Maxim offers the
    ?
    best value out of 18 condos in the Mount Pleasant East neighbourhood

    Appreciation Rank

    Maxim has the
    ?
    highest ROI out of 18 condos in the Mount Pleasant East neighbourhood

    Rental Yield

    Maxim yields the
    ?
    highest rent prices out of 18 condos in the Mount Pleasant East neighbourhood

    High Demand

    Maxim is the
    ?
    most popular building out of 18 condos in the Mount Pleasant East neighbourhood

    Transaction Insights at 398 Eglinton Avenue E

    1 Bed2 Bed
    Price Range$498,800 - $527,000$586,000
    Avg. Cost Per Sqft$772$765
    Avg. Wait for Unit Availability128 Days154 Days
    Ratio of Units in Building58%43%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mount Pleasant East