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    Toronto / East End / Woodbine Corridor

    508 - 2055 Danforth Ave

    For SaleCarmelina Condos
    $598,000
    2 Beds
    1 Bath
    1 Parking
    668 SQFT
    49 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $621/mth
    Taxes:
    $2,911 (2024)
    Cost Per Sqft:
    $895/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    South East
    Possession Date:
    September 18, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Open Concept
    15.49 x 11.88ft
    Kitchen
    Combined with Dining
    9.09 x 6.59ft
    Prim Bdrm
    Double Closet
    10.6 x 9.29ft

    About this Listing

    Boutique Carmelina Condos on The Danforth! Corner Unit With Tons Of Natural Light, Floor To Ceiling Windows. 2 Bedrooms With a Functional Open Concept Living Space. Owned Parking Spot and Locker. Great Amenities Including Gym, Party/Meeting Room, Media Room, Outdoor Space Courtyard With BBQ and Plenty of Visitor Parking. Steps to TTC, Restaurants and Shops. **Property Sold Under Power of Sale.

    ExtrasCondo fees cover - water, heat & AC. On-Site Management Office

    iliv realtyMLS® #E9356816

    Amenities

    Concierge
    Party Room
    Rec Room
    Media Room
    Security System
    Bike Storage

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    45,142
    Average Individual Income
    $61,841
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $108,378
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    23%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    25%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    27%
    High Rise Apartment
    16%
    Duplex
    8%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    52%
    Cantonese
    18%
    Mandarin
    14%
    Other
    9%
    Tamil
    4%
    Tagalog
    2%
    Urdu
    1%
    Education
    University and Above
    31%
    High School
    26%
    None
    18%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    Carmelina Condos vs The Woodbine Corridor Area

    Building Trends At Carmelina Condos

    Days on Strata

    Units at Carmelina Condos spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Woodbine Corridor

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    8%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 8 condos in the Woodbine Corridor area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    Carmelina Condos offers the
    ?
    best value out of 8 condos in the Woodbine Corridor neighbourhood

    Appreciation Rank

    Carmelina Condos has the
    ?
    highest ROI out of 8 condos in the Woodbine Corridor neighbourhood

    Rental Yield

    Carmelina Condos yields the
    ?
    highest rent prices out of 8 condos in the Woodbine Corridor neighbourhood

    High Demand

    Carmelina Condos is the
    ?
    most popular building out of 8 condos in the Woodbine Corridor neighbourhood

    Transaction Insights at 2055 Danforth Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$550,000$615,000$649,000 - $860,000No Data
    Avg. Cost Per Sqft$892$1,041$937No Data
    Avg. Wait for Unit Availability101 Days303 Days71 Days157 Days
    Ratio of Units in Building35%11%53%3%

    Transactions vs Inventory

    Total number of units listed and sold in Woodbine Corridor