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              For Sale 3 Days On Site

              #501 362 The East Mall

              near Bloor & The East Mall
              $529,000 2+1bdr • 2ba • 1kit • 1200-1399sf
              Average Income
              $73,472
              Population Age
              44 y/old
              School Score
              8.23/10
              Price Index Change 1y
              +6.22%
              Price Index Change 3y
              +14.34%
              Rent Index Change 1y
              +0.43%
              Rent Index Change 3y
              +20.07%

              Condo Apt • Apartment #501 • 5 Level

              #501 362 The East Mall, Islington-City Centre West, Toronto
              • Rooms and Bathrooms 2+1 bedr, 2 bath
              • Kitchens 1
              • area 1200-1399
              • garage 1.0 Undergrnd
              • exposure W
              • age n/a
              • locker Ensuite
              • possession

                30 Days/Tba

              $529,000

              $1,451.29
              Tax yr: 2020

              $837.47/m

              CALCULATED NUMBERS:

              $1985.00

              calculator

              $2921

              4

              65 Somewhat Walkable

              65 Good Transit

              55 Bikeable

              8.23/10

              Location Details
              • Toronto

              • Toronto

              • Islington-City Centre West

              • Bloor & The East Mall

              • M9B6C4

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

              SUTTON GROUP OLD MILL REALTY INC., BROKERAGE

              Property Overview
              Perfect Condo For Those Seeking Big, Bright Space & A Fabulous, Convenient Location Close To Highways, Shopping & Ttc. Light-Filled, Open Concept Living/Dining W/ Hardwood Floors & W/O To A Spacious Balcony Overlooking The Picturesque Courtyard. Stunning, Recently Renovated Kitchen W/ Granite Countertops & Room For A Cozy Breakfast Nook. 2 Large Bdrms W/ Lots Of Closet Space & A 2-Pce Ensuite Off The Mbr. Sunny Den Is Perfect For Working From Home!
              Extras: See Schedule B For Inclusions. Ensuite Laundry & Oversized Ensuite Locker. Huge Square Footage & Ideal Space For Downsizers, First Time Buyers & Work From Homers W/ Space For Everyone. Recently Renovated Kitchen & Baths. Amazing Amenities.
              Video tour available. Click to watch.
              Property Features
              • Clear View
              • Library
              • Park
              • Public Transit
              • School
              • Brick
              • Concrete
              • Gym
              • Indoor Pool
              • Outdoor Pool
              • Party/Meeting Room
              • Sauna
              • Visitor Parking
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • Cable TV Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Family Room
              Rooms details
              Living
              • Flat Level
              • Hardwood Floor
              • Open Concept
              • W/O To Balcony
              • Size 5.70x3.40
              Dining
              • Flat Level
              • Hardwood Floor
              • Combined W/Living
              • Size 3.20x2.80
              Kitchen
              • Flat Level
              • Renovated
              • Granite Counter
              • Stainless Steel Appl
              • Size 4.00x3.30
              Master
              • Flat Level
              • Hardwood Floor
              • W/I Closet
              • 2 Pc Ensuite
              • Size 5.00x3.10
              2nd Br
              • Flat Level
              • Hardwood Floor
              • Double Closet
              • West View
              • Size 4.10x2.90
              Den
              • Flat Level
              • Hardwood Floor
              • Picture Window
              • Size 3.90x2.70
              Foyer
              • Flat Level
              • Hardwood Floor
              • W/W Closet
              • Size 1.70x1.40
              Basement
              • None
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              • Listing added to site: 2020-09-17 00:44:05
              • Last updated: 2020-09-17 00:44:05
              • Photos updated: 2020-09-16
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • 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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              More Options

              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              501 362 The East Mall is a condo apt apartment, located in Islington-City Centre West of city of Toronto, Toronto region, near Bloor & The East Mall, and has been available for sale on CondosDirect since 2020-09-17. This unit is located at level 5 of the building and has West exposure of The East Mall . Condo registry office is YCC, corporation number 340.

              Lot Size and Living Area:

              501 362 The East Mall has 6+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.
              1.0 parking space(s) are exclusive and located undergrnd at level B2 . The locker is ensuite. An ensuite laundry is available at the unit.

              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, Library, Park, Public Transit, School at, or near the property.
              AIDA has also found the following features: Modern/Renovated/Well Maintained, Open Concept, Attn 1st Time Buyers, and possible sellers motivation indicators such as Flexible Possession.

              Price & Cost Overview

              General:

              501 362 The East Mall condo apt is listed for $529,000. 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 $494,816.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,985, and total expenses, including the mortgage, property tax and maintenance, fee around $2,176, assuming $529,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 501 362 The East Mall, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Islington-City Centre West, where 362 The East Mall is located, has $745,655 Home Price Index, and $2,321 Home Rent Index. Average household income at dissemination area of 362 The East Mall is $73,472, and average polulation age is 44 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,037,743, and average Home Rent Index $2,587.

              Similar Properties & Community Details:

              There are similar to 501 362 The East Mall 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.
              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, 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, 65, and 55 accordingly, location of 362 The East Mall overall can be described as Somewhat Walkable, Good Transit, and Bikeable.

              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 (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 46 to 56 properties like that to be sold in Islington-City Centre West during the next 30 days.
              Seasonal sales fluctuation is showing 32% inventory increase comparing to the average annual number, which is equvalent to 38.58 properties sold per month, and 35% increase comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 3 days, which is 13 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 -4% D.O.M. decrease comparing to the average annual number, which is equvalent to 16 D.O.M., and 0% increase comparing to the last six months indicating consistent demand for this type of properties within this price range.
              At what price it can be sold?
              Similar properties currently sell very close to its asking price in Islington-City Centre West.
              The selling to asking price ratio is declining 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 (16) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4915712 Comparative Market Analysis
              501 362 The East Mall 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 +6.22% comparig to the City of Toronto average of +12.42%

              Price Index 3y

              Price Index change was +14.34% comparig to the City of Toronto average of +4.54%

              Rent Index 1y

              Rent Index change was +0.43% comparig to the City of Toronto average of -5.35%

              Rent Index 3y

              Rent Index change was +14.34% comparig to the City of Toronto average of +4.54%

              Walkscore

              Walkscore 65 out of 100 means Somewhat Walkable

              Transitscore

              Transitscore 65 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

              Assuming Fixed Rate, Monthly Payments

              (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

              $7,800 Cashback
              $520,000
              2+1br 2ba 1200-1399sf

              Prop Tax

              $1,767

              Condo Fee

              $814

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              23

              Compare$576,559

              $7,500 Cashback
              $499,900
              2br 2ba 900-999sf

              Prop Tax

              $1,781

              Condo Fee

              $664

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              44

              Compare n/a

              $9,300 Cashback
              $619,000
              2br 2ba 700-799sf

              Prop Tax

              $1,643

              Condo Fee

              $574

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              68

              Compare n/a

              $8,800 Cashback
              $589,000
              2+1br 2ba 1000-1199sf

              Prop Tax

              $2,100

              Condo Fee

              $791

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              26

              Compare$555,982

              $6,400 Cashback
              $429,000
              2br 1ba 800-899sf

              Prop Tax

              $1,013

              Condo Fee

              $650

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              49

              Compare$473,798

              $7,500 Cashback
              $499,800
              2br 2ba 1000-1199sf

              Prop Tax

              $1,907

              Condo Fee

              $691

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              64

              Compare$574,251

              $8,000 Cashback
              $534,000
              2+1br 2ba 1200-1399sf

              Prop Tax

              $1,301

              Condo Fee

              $834

              Exposure

              Nw

              Mortg/m

              $ calculator

              WalkScore

              42

              Compare$598,144

              $9,000 Cashback
              $599,000
              2br 2ba 800-899sf

              Prop Tax

              $2,344

              Condo Fee

              $550

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              80

              Compare$637,840

              $9,300 Cashback
              $619,000
              2br 2ba 900-999sf

              Prop Tax

              $1,961

              Condo Fee

              $694

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              72

              Compare$617,425

              $9,300 Cashback
              $619,900
              2br 2ba 700-799sf

              Prop Tax

              $n/a

              Condo Fee

              $538

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              55

              Compare n/a

              $7,200 Cashback
              $478,800
              2br 2ba 1000-1199sf

              Prop Tax

              $1,552

              Condo Fee

              $712

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              37

              Compare n/a

              $6,900 Cashback
              $459,000
              2+1br 2ba 900-999sf

              Prop Tax

              $1,166

              Condo Fee

              $474

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              60

              Compare n/a