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              #408 362 The East Mall Road

              near Bloor & East Mall
              $499,900 2+1bdr • 2ba • 1kit • 1200-1399sf
              Average Income
              $73,472
              Population Age
              44 y/old
              School Score
              8.23/10
              Price Index Change 1y
              +10.08%
              Price Index Change 3y
              +15.51%
              Rent Index Change 1y
              -1.76%
              Rent Index Change 3y
              +14.84%

              Condo Apt • Apartment #408 • 4 Level

              #408 362 The East Mall Road, Islington-City Centre West, Toronto
              • Rooms and Bathrooms 2+1 bedr, 2 bath
              • Kitchens 1
              • area 1200-1399
              • garage 1.0 Undergrnd
              • exposure E
              • age n/a
              • locker Ensuite
              • possession

                60

              $499,900

              $1,451.20
              Tax yr: 2020

              $837.47/m

              CALCULATED NUMBERS:

              $1876.00

              calculator

              $2450

              4

              65 Somewhat Walkable

              64 Good Transit

              55 Bikeable

              8.23/10

              Location Details
              • Toronto

              • Toronto

              • Islington-City Centre West

              • Bloor & East Mall

              • M9B6C4

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

              ACCSELL REALTY INC., BROKERAGE

              Property Overview
              Might As Well Leave Your Socks At Home, Because This Charming 2 Bed 2 Bath Condo Will Blow Them Off Anyway. Absolutely Massive 1250 Sq Ft Floor Plan, Plus An Enclosed Balcony With An East View Over The East Mall Park. Well Maintained With Classic Decor Through Out. Spacious Open Living Room & Separate Dining Room Means Space For Entertaining And Setting Up Your Office. This Gem Is The Perfect Work From Home Suite! Boasts Newer Windows, Ensuite Locker & More!
              Extras: Close To Everything! Walking Distance To Groceries, Banking, Gym Retail, Restaurants, Library And More! Easy Access To 427, 20 Minutes To Downtown. Building Amenities Include: Tennis, Squash, Basketball, In&Outdoor Pools & Visitor Parking!
              Video tour available. Click to watch.
              Property Features
              • Clear View
              • Hospital
              • Public Transit
              • School
              • Brick
              • Gym
              • Indoor Pool
              • Outdoor Pool
              • Squash/Racquet Court
              • Tennis Court
              • Visitor Parking
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • Cable TV Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Seller Property Info Statement
              • Family Room
              • CAC Included
              Rooms details
              Kitchen
              • Flat Level
              • Ceramic Floor
              • Electric Fireplace
              • Stainless Steel Appl
              • Size 3.96x3.23
              Dining
              • Flat Level
              • Laminate
              • Separate Rm
              • East View
              • Size 2.67x3.91
              Living
              • Flat Level
              • Laminate
              • W/O To Sunroom
              • East View
              • Size 5.74x6.15
              Master
              • Flat Level
              • Ensuite Bath
              • W/I Closet
              • Broadloom
              • Size 3.23x5.00
              2nd Br
              • Flat Level
              • Double
              • East View
              • Broadloom
              • Size 2.95x4.09
              Laundry
              • Flat Level
              • Ceramic Floor
              • Size 1.70x1.55
              Sunroom
              • Flat Level
              • Enclosed
              • East View
              • Size 3.25x2.21
              Basement
              • None
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              • Listing added to site: 2020-11-20 14:47:16
              • Last updated: 2020-11-26 00:26:07
              • Photos updated: 2020-11-20
              • Contract date: 2020-11-20
              • Input date: 2020-11-20
              • Expiry date: 2021-01-29
              • 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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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              408 362 The East Mall Road is a condo apt apartment, located in Islington-City Centre West of city of Toronto, Toronto region, near Bloor & East Mall, and has been available for sale on CondosDirect since 2020-11-20. This unit is located at level 4 of the building and has East exposure of The East Mall Rd. Condo registry office is YCC, corporation number 340.

              Lot Size and Living Area:

              408 362 The East Mall Road has 5+1 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.
              1.0 parking space(s) are owned and located undergrnd at level . The locker is ensuite. 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 Clear View, Hospital, Public Transit, School at, or near the property.
              AIDA has also identified the following listing features: Modern/Renovated/Well Maintained, Swimming Pool.

              Price & Cost Overview

              General:

              408 362 The East Mall Road condo apt is listed for $499,900. Property tax for year 2020 was $1,451. And the monthly maintenance fee was $837.

              Comparative Market Analysis:

              There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $482,327.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,876, and total expenses, including the mortgage, property tax and maintenance, fee around $2,067, assuming $499,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 408 362 The East Mall Road, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Islington-City Centre West, where 362 The East Mall Road is located, has $772,685 Home Price Index, and $2,283 Home Rent Index. Average household income at dissemination area of 362 The East Mall Road is $73,472, and average polulation age is 44 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,926, and average Home Rent Index $2,565.

              Similar Properties & Community Details:

              There are similar to 408 362 The East Mall Road 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 362 The East Mall Road.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Islington-City Centre West neighborhood in city of Toronto.

              Schools:

              There are at least 3 school(s) located near 362 The East Mall Road, or schools, which boundaries this address belongs to with an average School Score 8.23 out of 10. Here are more details about these schools:
              1. Wedgewood Junior School (Grades JK–05), Public, Elementary, ranked as Excellent.
              2. Bloorlea Middle School (Grades 06-08), Public, Intermediate, ranked as Good.
              3. Silverthorn 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.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 65, 64, and 55 accordingly, location of 362 The East Mall Road overall can be described as Somewhat Walkable, Good Transit, and Bikeable.

              408 362 The East Mall Road Listings History Powered by AIDA
              Islington-city Centre West, 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 (94 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 41 to 50 properties like that to be sold in Islington-City Centre West during the next 30 days.
              Seasonal sales fluctuation is showing 29% inventory increase comparing to the average annual number, which is equvalent to 34.92 properties sold per month, and 8% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 7 days, which is 11 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 9% D.O.M. increase comparing to the average annual number, which is equvalent to 16 D.O.M., and 2% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Islington-City Centre West.
              The selling to asking price ratio is growing in Islington-City Centre West.
              This property has been on the market for less than average number of days it takes a home to sell in Islington-City Centre West (17.5) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4995706 Comparative Market Analysis
              408 362 The East Mall Road Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Islington-city Centre West, 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 +10.08% comparig to the City of Toronto average of +12.835%

              Price Index 3y

              Price Index change was +15.51% comparig to the City of Toronto average of +5.185%

              Rent Index 1y

              Rent Index change was -1.76% comparig to the City of Toronto average of +2.81%

              Rent Index 3y

              Rent Index change was +15.51% comparig to the City of Toronto average of +5.185%

              Walkscore

              Walkscore 65 out of 100 means Somewhat Walkable

              Transitscore

              Transitscore 64 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.23 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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