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              #405 1960 Queen Street East

              near Queen & Kenilworth
              $1,499,000 2+1bdr • 2ba • 1kit • 1200-1399sf
              Average Income
              $93,440
              Population Age
              37 y/old
              School Score
              8.05/10
              Price Index Change 1y
              +10.95%
              Price Index Change 3y
              +14.06%
              Rent Index Change 1y
              +0.71%
              Rent Index Change 3y
              +6.38%

              Condo Apt • Apartment #405 • 4 Level

              #405 1960 Queen Street East, The Beaches, Toronto
              • Rooms and Bathrooms 2+1 bedr, 2 bath
              • Kitchens 1
              • area 1200-1399
              • garage 1.0 Undergrnd
              • exposure Sw
              • age 0-5
              • locker Owned
              • possession

                Tbd

              $1,499,000

              $5,421.32
              Tax yr: 2020

              $1,059.92/m

              CALCULATED NUMBERS:

              $5625.00

              calculator

              $2870

              1

              8.05/10

              Location Details
              • Toronto

              • Toronto

              • The Beaches

              • Queen & Kenilworth

              • M4L1H8

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              ROYAL LEPAGE SIGNATURE REALTY, BROKERAGE

              Property Overview
              Lakehouse Beach Residences, Exceptional Urban Living In The Heart Of The Beach. This Stunning Light Filled Expansive Corner Suite With Ideal South/West Tree-Lined Views, 9Ft Ceilings, High End Kitchen, Elegant Bathrooms And An Open Plan Great Room/Kitchen Combined Is An Entertainers Dream. Perfectly Situated On Queen St E, Steps To Restaurants, Pubs, Shops, Lcbo, The Boardwalk And Of Course The Beach! Ttc At Your Doorstep!
              Extras: Stainless Steel Fridge, Built In Dishwasher, Gas Cook Top, B/I Oven, Full Size Washer/Dryer, Custom Built In In Bedroom, Custom B/I In Living Room. Parking, Double Bike Rack, Locker (Large).
              Video tour available. Click to watch.
              Property Features
              • Beach
              • Library
              • Park
              • Public Transit
              • School
              • Brick
              • Bbqs Allowed
              • Bike Storage
              • Visitor Parking
              • Common Elements Included
              • Elevator
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Retirement
              • Seller Property Info Statement
              • Family Room
              • Cable TV Included
              • Central Vac
              Rooms details
              Living
              • Main Level
              • Hardwood Floor
              • Sw View
              • B/I Bookcase
              • Size 7.62x4.59
              Dining
              • Main Level
              • Hardwood Floor
              • Sw View
              • Combined W/Living
              • Size 7.62x4.59
              Kitchen
              • Main Level
              • Hardwood Floor
              • Modern Kitchen
              • Breakfast Bar
              • Size 3.31x4.65
              Master
              • Main Level
              • Hardwood Floor
              • 4 Pc Ensuite
              • W/I Closet
              • Size 4.20x3.84
              2nd Br
              • Main Level
              • Hardwood Floor
              • Closet
              • West View
              • Size 3.35x3.32
              Den
              • Main Level
              • Hardwood Floor
              • Closet
              • Size 3.44x2.98
              Basement
              • None
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              • Listing added to site: 2020-11-20 10:08:59
              • Last updated: 2020-11-20 10:22:27
              • Photos updated: 2020-11-20
              • Contract date: 2020-11-20
              • Input date: 2020-11-20
              • Expiry date: 2021-01-20
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Listing Overview

              General:

              405 1960 Queen Street East is a condo apt apartment, located in The Beaches of city of Toronto, Toronto region, near Queen & Kenilworth, and has been available for sale on CondosDirect since 2020-11-20. This unit is located at level 4 of the building and has South-West exposure of Queen E St. Condo registry office is TSCC, corporation number 2567.

              Lot Size and Living Area:

              405 1960 Queen Street East has 7+0 rooms in total, including 2+1 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 1200-1399 square feet. 1960 Queen Street East building was built appriximately 0-5 years ago.
              1.0 parking space(s) are owned and located undergrnd at level 2 . The locker is owned. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Beach, Library, Park, Public Transit, School at, or near the property.

              Price & Cost Overview

              General:

              405 1960 Queen Street East condo apt is listed for $1,499,000. Property tax for year 2020 was $5,421. And the monthly maintenance fee was $1,060.

              Comparative Market Analysis:

              There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,278,529.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $5,625, and total expenses, including the mortgage, property tax and maintenance, fee around $6,165, assuming $1,499,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 405 1960 Queen Street East, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              The Beaches, where 1960 Queen Street East is located, has $1,538,068 Home Price Index, and $2,985 Home Rent Index. Average household income at dissemination area of 1960 Queen Street East is $93,440, and average polulation age is 37 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,457, and average Home Rent Index $2,567.

              Similar Properties & Community Details:

              There are similar to 405 1960 Queen Street East 2 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 1960 Queen Street East.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at The Beaches neighborhood in city of Toronto.

              Schools:

              There are at least 3 school(s) located near 1960 Queen Street East, or schools, which boundaries this address belongs to with an average School Score 8.05 out of 10. Here are more details about these schools:
              1. Kew Beach Junior Public School (Grades JK–06), Public, Elementary, ranked as Excellent.
              2. Glen Ames Senior Public School (Grades 07-08), Public, Intermediate, ranked as n/a.
              3. Monarch Park Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              405 1960 Queen Street East Listings History Powered by AIDA
              The Beaches, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (95 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 2 to 3 properties like that to be sold in The Beaches during the next 30 days.
              Seasonal sales fluctuation is showing 75% inventory increase comparing to the average annual number, which is equvalent to 1.33 properties sold per month, and 17% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 5 days, which is 2 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
              Seasonal sales fluctuation is showing -5% D.O.M. decrease comparing to the average annual number, which is equvalent to 7 D.O.M., and -17% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.46% below its asking price in The Beaches.
              The selling to asking price ratio is growing in The Beaches.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS E4995324 Comparative Market Analysis
              405 1960 Queen Street East Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in The Beaches, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +10.95% comparig to the City of Toronto average of +12.835%

              Price Index 3y

              Price Index change was +14.06% comparig to the City of Toronto average of +5.525%

              Rent Index 1y

              Rent Index change was +0.71% comparig to the City of Toronto average of +2.81%

              Rent Index 3y

              Rent Index change was +14.06% comparig to the City of Toronto average of +5.525%

              Walkscore

              No sufficient data available

              Transitscore

              No sufficient data available

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.05 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

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              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

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