$343,100
2460 Eglinton Avenue East 817
Toronto (Eglinton East), Ontario
1bed1bath
SUTTON GROUP INCENTIVE REALTY INC.
MLS® E13541902
condo in Toronto (Eglinton East)
Browse 16 active listings
Market Analysis
In Eglinton East, the condo market attracts a diverse group of buyers, primarily comprising young professionals and first-time homebuyers. Many are drawn to the vibrant lifestyle that the neighborhood offers, with easy access to downtown Toronto via the Eglinton subway line and local bus routes. Families are also looking in this area due to its proximity to reputable schools like Eglinton Junior Public School and recreational facilities such as the nearby Scarborough Bluffs. The demographic mix provides a dynamic community environment, appealing to those who value convenience and community spirit.
Price Insights
With a median price of $454,999, buyers in Eglinton East can expect to find well-appointed one-bedroom condos or, in some cases, two-bedroom options that might require a little renovation. For around $450,000, a buyer could secure a compact but modern unit in a low-rise building on streets like Victoria Park Avenue or Kennedy Road. These condos often feature amenities such as gym facilities, rooftop terraces, and dedicated parking spaces, making them a great choice for those looking for affordable living without sacrificing quality. The average price of $456,598 suggests that the market is competitive, but buyers can find value in well-located properties that are within walking distance to shops and transit.
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About This Property Type
Condos in Eglinton East are typically characterized by their low and mid-rise developments, featuring a mix of contemporary design and older buildings that offer charm. Units generally come with open-concept layouts, maximizing space and natural light. Many buildings, particularly those along Eglinton Avenue East, provide shared amenities such as fitness centers, lounges, and outdoor spaces, appealing to lifestyle-oriented buyers. Additionally, several condos boast balconies with views of the city or gardens, creating a pleasant urban retreat. This diversity in property styles ensures that buyers can find a condo that reflects their needs and preferences.
Location Highlights
Eglinton East is a vibrant neighborhood that seamlessly combines urban convenience with a suburban feel. The area is home to a plethora of amenities, including the bustling Eglinton Town Centre, which features a variety of shops and services. Nearby parks like the scenic Taylor Creek Trail and the expansive Eglinton Park provide green spaces for recreation and relaxation. With its close proximity to the Eglinton subway station and multiple bus routes along Eglinton Avenue, commuting to downtown Toronto is both quick and easy. The neighborhood also prides itself on its cultural diversity, offering a range of dining options from local cafes to international restaurants, making it a delightful place to live.
Investment Advice
Investing in a condo in Eglinton East can be a smart move, particularly as the market is currently competitive with limited supply. The area is witnessing ongoing development and urban revitalization, which can positively impact property values over time. With a robust rental market driven by the influx of young professionals and students, purchasing a condo here may also serve as a solid investment opportunity for those considering renting out their units. Furthermore, as new transit infrastructure develops, such as the Eglinton Crosstown LRT, property values in this area are expected to appreciate, making now an opportune time to enter the market.
Buying Tips
For buyers considering a condo in Eglinton East, it’s essential to act quickly given the competitive nature of the market. Start by getting pre-approved for a mortgage to understand your budget better and to strengthen your negotiating position. When browsing listings, focus on properties near key amenities like schools, parks, and transit stations—streets like Eglinton Avenue East and Victoria Park Avenue are prime areas. Additionally, consider attending open houses to get a feel for various properties and neighborhoods. It’s also wise to work with a local real estate agent who has experience in the Eglinton East market, as they can provide valuable insights and help navigate the purchasing process.
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Frequently Asked Questions About Toronto (Eglinton East)
How many condos are for sale in Toronto (Eglinton East)?
There are currently 16 condos listed for sale in Toronto (Eglinton East). Listings are updated multiple times per day from CREA's DDF®.
How often are condo listings updated in Toronto (Eglinton East)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
What bedroom sizes are available for condos in Toronto (Eglinton East)?
Condos in Toronto (Eglinton East) are available in 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom configurations. Use the sidebar links to browse by bedroom count.