2055 Danforth Avenue, Toronto, ON

$499,900
MLS#:E12332140
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Woodbine Corridor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient fan coil heating via electric

Description

Carmelina Condos! Bright & spacious 1-bed, 1-bath on the Danforth. Features open and unobstructed north views, functional open concept layout ideal for entertaining, & generously sized bedroom with large walk-in closet. Beautifully finished interior with high quality laminate floors throughout, soaring 9 ft ceilings, & floor-to-ceiling windows letting in an abundance of light throughout the day. Well-appointed kitchen includes modern euro-style cabinets, ample storage, stone counters, and full-size stainless steel appliances. Parking space and locker included. Amazing neighbourhood! Steps to Woodbine Subway Station, East Lynn Park, and countless shops, restaurants, and cafes along Danforth Ave. Minutes to Leslieville, the Waterfront, and Greek Town. Wonderful building amenities including a well-equipped exercise room, large party room, lounge with fireplace, and ground floor terrace with BBQs.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 3, 2025
Sold price information is available to members only
Listed Date8/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyToronto
Annual Tax$2,124.41

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

Clear View, Hospital, Library, Public Transit, Rec./Commun.Centre, Park

Interior Features

Carpet Free

Security Features

Security System

Community Features

Location

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2055 Danforth Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2055 Danforth Avenue 605, Toronto E02, ON M4C 1J8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$24,995 (5.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period25 Years
Estimated Monthly Payment$2,830Based on a loan of $474,905 over 25 years.
Purchase Price$499,900
Loan Amount$474,905
Provincial Land Transfer Tax:$6,473
Toronto Municipal Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$12,946

About Purchasing a Home in Toronto, ON

For a property listed at $499,900 in Toronto, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,473 also applies, bringing the total estimated land transfer taxes to $12,946.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Woodbine Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,189,706

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Georges-Étienne-Cartier
Public250 Gainsborough Road, East York, Toronto, Ontario, M4L 3C6
7.7
Bowmore Road
Public80 Bowmore Road, East York, Toronto, Ontario, M4L 3J2
4.7
Roden
Public151 Hiawatha Road, East York, Toronto, Ontario, M4L 2Y1
5.3
Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6
Earl Beatty
Public55 Woodington Avenue, East York, Toronto, Ontario, M4C 3J6
7.4

Secondary Schools

Monarch Park
Public1 Hanson Street, East York, Toronto, Ontario, M4J 1G6
8.0
St. Patrick
Catholic49 Felstead Avenue, East York, Toronto, Ontario, M4J 1G3
7.1
Danforth
Public800 Greenwood Avenue, East York, Toronto, Ontario, M4J 4B7
5.8
Riverdale
Public1094 Gerrard Street East, Toronto, Ontario, M4M 2A1
8.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.