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              For Sale 3 Days On Site

              #1504 362 The East Mall

              near Burnhamthorpe & East Mall/427
              $449,900 2+1bdr • 2ba • 1kit • 1000-1199sf
              Average Income
              $73,472
              Population Age
              44 y/old
              School Score
              8.23/10
              Price Index Change 1y
              +7.12%
              Price Index Change 3y
              +14.72%
              Rent Index Change 1y
              -0.04%
              Rent Index Change 3y
              +17.61%

              Condo Apt • Apartment #1504 • 14 Level

              #1504 362 The East Mall, Islington-City Centre West, Toronto
              • Rooms and Bathrooms 2+1 bedr, 2 bath
              • Kitchens 1
              • area 1000-1199
              • garage 1.0 Undergrnd
              • exposure E
              • age n/a
              • locker Ensuite
              • possession

                Immediate Tba

              $449,900

              $1,451.29
              Tax yr: 2020

              $837.47/m

              CALCULATED NUMBERS:

              $1688.00

              calculator

              $2797

              5

              65 Somewhat Walkable

              65 Good Transit

              55 Bikeable

              8.23/10

              Location Details
              • Toronto

              • Toronto

              • Islington-City Centre West

              • Burnhamthorpe & East Mall/427

              • M9B6C4

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

              SUTTON GROUP-HERITAGE REALTY INC., BROKERAGE

              Property Overview
              Great Opportunity, Great Space! Bright 2 Bdrm Plus Den - Some Use As A 3rd Bdrm. Large Balcony With Unobstructed East View Of Downtown Toronto. Great Size Eat-In Kitchen, Open Concept Living & Dining Rms. Master With W/I Closet And 2-Piece Ensuite. Lots Of Storage In Linen Closet & Washer/Dryer Utility Rm. Great Location Close To Transportation & Shops
              Extras: Fridge, Stove, B/I Dishwasher, Washer, Dryer - All "As Is" Condition. Amenities: 2 Pools, Playground, Exercise Rm, Games Rm, Squash And Basket Ball, 2 Party Rooms, Visitor Parking.
              Property Features
              • Clear View
              • Library
              • Park
              • Public Transit
              • School
              • Brick
              • Concrete
              • Gym
              • Indoor Pool
              • Outdoor Pool
              • Party/Meeting Room
              • Squash/Racquet Court
              • 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
              • Seller Property Info Statement
              • Family Room
              Rooms details
              Living
              • Flat Level
              • Open Concept
              • O/Looks Dining
              • W/O To Balcony
              • Size 5.71x3.42
              Dining
              • Flat Level
              • Open Concept
              • O/Looks Living
              • Size 3.28x2.76
              Kitchen
              • Flat Level
              • Eat-In Kitchen
              • B/I Dishwasher
              • Pantry
              • Size 3.96x3.25
              Master
              • Flat Level
              • W/I Closet
              • 2 Pc Ensuite
              • East View
              • Size 5.08x3.18
              2nd Br
              • Flat Level
              • Closet
              • East View
              • Size 4.20x2.98
              Den
              • Flat Level
              • Separate Rm
              • East View
              • Size 4.04x2.68
              Basement
              • None
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              • Listing added to site: 2020-10-16 09:07:32
              • Last updated: 2020-10-16 09:15:28
              • Photos updated: 2020-10-16
              • Contract date: 2020-10-16
              • Input date: 2020-10-16
              • Expiry date: 2021-01-16
              • 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:

              1504 362 The East Mall is a condo apt apartment, located in Islington-City Centre West of city of Toronto, Toronto region, near Burnhamthorpe & East Mall/427, and has been available for sale on CondosDirect since 2020-10-16. This unit is located at level 14 of the building and has East exposure of The East Mall . Condo registry office is YCC, corporation number 340.

              Lot Size and Living Area:

              1504 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 1000-1199 square feet.
              1.0 parking space(s) are exclusive and located undergrnd at level D90 . 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, Library, Park, Public Transit, School at, or near the property.
              AIDA has also found the following features: Open Concept, Need personal touch/Fixer-Upper, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller, Flexible Possession.

              Price & Cost Overview

              General:

              1504 362 The East Mall condo apt is listed for $449,900. 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 $501,125.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,688, and total expenses, including the mortgage, property tax and maintenance, fee around $1,879, assuming $449,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 1504 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 $754,446 Home Price Index, and $2,311 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 $1,051,140, and average Home Rent Index $2,584.

              Similar Properties & Community Details:

              There are similar to 1504 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.

              1504 362 The East Mall 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 (104 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 33 to 40 properties like that to be sold in Islington-City Centre West during the next 30 days.
              Seasonal sales fluctuation is showing 41% inventory increase comparing to the average annual number, which is equvalent to 25.75 properties sold per month, and 33% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 3 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 -10% D.O.M. decrease comparing to the average annual number, which is equvalent to 15 D.O.M., and -12% 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 1.82% above 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 (14.1) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4955896 Comparative Market Analysis
              1504 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 +7.12% comparig to the City of Toronto average of +6.195%

              Price Index 3y

              Price Index change was +14.72% comparig to the City of Toronto average of +6.78%

              Rent Index 1y

              Rent Index change was -0.04% comparig to the City of Toronto average of +2.03%

              Rent Index 3y

              Rent Index change was +14.72% comparig to the City of Toronto average of +6.78%

              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)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              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

              $6,700 Cashback
              $449,000
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              Prop Tax

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              Condo Fee

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              Exposure

              W

              Mortg/m

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              WalkScore

              45

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