240 Broadway Avenue, Toronto, ON

$1,295,000
MLS#:C10431308
4 beds
4 baths
2000-2249 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This listing is no longer active (Sold)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 3-Storey condo townhouse located in the coveted neighborhood of Mount Pleasant East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,295,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2249 sqft
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Central Vacuum, Floor Drain, Separate Heating Controls
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Overlooking a lush green common, this roomy townhouse evokes the charm of a London square, where special casual meet-ups with your neighbours happen, and a beautiful day begins with pets or children right outside your door. The contemporary main floor layout is perfect for family life or entertaining, seamlessly flowing out to a large deck & private West-facing garden for the best daylight exposure... West is best! The eat-in kitchen with granite counters has a beautiful East-facing bay window for a family breakfast table overlooking the lush landscaped grounds. Spread over 4 levels, the home features a lower-level family room that can double as a teen suite, plus a 2nd floor den/nursery/home office which is easily convertible into a 3rd bedroom, as shown in the attached alternate floor plan. Each large bedroom on the top floors boasts its own bath & tons of closet space, plus Western views of the garden. Conveniently, washrooms are on all 4 levels. The East/West orientation captures beautiful morning & afternoon light, which flows all day through the whole house, and the garden is the ideal spot for sunset barbecues. Direct access to the underground garage spot complete with EV charger can't be beat for safety and accessibility. The basement also boasts a large laundry room, and loads more storage! You're only steps away from a new rapid transit station & well located between Mt. Pleasant and Bayview, perfect for leisurely strolls along the high streets. Yonge & Eglinton is also just moments away for true bustle. Great schools, amenities, & parks dot the surrounding neighbourhood. Note that this is the largest floor plan in the development, when comparing, which makes this home an excellent option for a growing family or perfect downsize for empty nesters! Enjoy the feel of living in a freehold home in a friendly & safe neighbourhood, while enjoying such conveniences as having your front landscaping, shoveling, and home exterior covered by your condo fees.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2000-2249 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 6, 2025
Sold price information is available to members only
Listed Date11/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style3-Storey
ConstructionBrick
BasementFinished
CountyToronto
Annual Tax$6,249.6

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Library, Park, Public Transit, School

Interior Features

Central Vacuum, Floor Drain, Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater, Workbench

Security Features

Community Features

Location

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240 Broadway 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 240 Broadway Avenue Unit 4, Toronto C10, ON M4P 1V9

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.

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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$259,000 (20.0%)
* Minimum Canadian down payment required for this price is $259,000.
Amortization Period25 Years
Estimated Monthly Payment$6,174Based on a loan of $1,036,000 over 25 years.
Purchase Price$1,295,000
Loan Amount$1,036,000
Provincial Land Transfer Tax:$22,375
Toronto Municipal Land Transfer Tax:$22,375
Total Estimated Closing Taxes:$44,750

About Purchasing a Home in Toronto, ON

For a property listed at $1,295,000 in Toronto, the legal minimum down payment is $259,000 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 $22,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,375 also applies, bringing the total estimated land transfer taxes to $44,750.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mount Pleasant East, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,573,809

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

St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Lawrence Park
Public125 Chatsworth Drive, Toronto, Ontario, M4R 1S1
9.1

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.