394 Avenue Road, Toronto, ON

$1,950
MLS#:C13120994
1 beds
1 baths
500-599 sqft
Residential Condo & Other
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This listing is no longer active (Terminated)

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 Casa Loma. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,950 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
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient radiant heating via other

Description

*** TWO FREE MONTHS on a 2 year lease or ONE MONTH FREE on a 1 year lease *** PLUS $1,000 credit in 3rd month *** Quick move ins can be accommodated *** Students, Professionals, and Newcomers welcome *** Rent controlled building *** Utilities included (heat, hydro, water) *** Located in the prestigious Forest Hill in the heart of the city, this charming building combines character suites and rental value. Minutes to shopping, restaurants, transportation and proximity to areas like: The Annex, Yorkville and the downtown financial district. Newly renovated apartments with all updated appliances and hardwood flooring. Laundry facilities in building. Trendy bistro and convenient store in the adjacent building.

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Key Features

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

Additional Details

StatusTerminated
Listed Date5/13/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto

Parking & Garage

Parking Spaces0.0
Garage TypeUnderground

Heating & Cooling

Heat SourceOther
Heat TypeRadiant
CoolingOther

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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394 Avenue Road, 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 394 Avenue Road 406, Toronto C02, ON M4V 2H4

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$98 (5.0%)
* Minimum Canadian down payment required for this price is $98.
Amortization Period25 Years
Estimated Monthly Payment$11Based on a loan of $1,852 over 25 years.
Purchase Price$1,950
Loan Amount$1,852
Provincial Land Transfer Tax:$10
Toronto Municipal Land Transfer Tax:$10
Total Estimated Closing Taxes:$20

About Purchasing a Home in Toronto, ON

For a property listed at $1,950 in Toronto, the legal minimum down payment is $98 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 $10 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10 also applies, bringing the total estimated land transfer taxes to $20.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$2,787,592

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

Holy Rosary
Public354 St. Clair Avenue West, Toronto, Ontario, M5P 2Y1
8.6
Hillcrest
Public44 Hilton Avenue, Toronto, Ontario, M5R 3E6
7.8
Cottingham
PublicCottingham Street, Toronto, Ontario, M4V 1E3
10.0
Huron Street
Public541 Huron Street, Toronto, Ontario, M5R 2R6
5.8
Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3

Secondary Schools

Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

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.