$509,000
388 Bloor Street East 507
Toronto (Rosedale-Moore Park), Ontario
1bed1bath
RIGHT AT HOME REALTY
MLS® C13554686
condo in Toronto (Rosedale-Moore Park)
Browse 6 active listings
Market Analysis
In the competitive condo market of Rosedale-Moore Park, buyers tend to be young professionals, downsizers, and even families seeking proximity to downtown Toronto. Many are looking for a vibrant community with access to green spaces and convenient transit options. This demographic often values a lifestyle that combines urban living with outdoor leisure activities, making Rosedale's lush parks and trendy cafes highly appealing. The area's demographic diversity fosters a sense of community while attracting a range of residents from various backgrounds. First-time homebuyers are particularly drawn to Rosedale-Moore Park due to its blend of historic charm and modern conveniences. With a median condo price of $579,895, buyers can find one-bedroom units or even cozy two-bedroom options that fit their budget. The area's proximity to the Bayview subway station and various bus routes enhances its attractiveness, allowing residents easy commuting to work and leisure destinations throughout Toronto.
Price Insights
In the segment under $750,000, potential condo buyers in Rosedale-Moore Park can expect a variety of options that cater to different needs and preferences. For instance, a budget around $500,000 might yield a well-maintained one-bedroom unit on streets like Crescent Road or Elm Avenue, featuring access to shared amenities such as a gym or rooftop terrace. For a slightly higher budget, say $650,000, buyers may find two-bedroom condos with modern finishes and additional features like parking or storage. The competitive nature of the market means that listings, especially those priced under the median of $579,895, tend to move quickly. With an average price of $523,461, buyers are encouraged to act decisively while considering properties near sought-after amenities like the Rosedale Ravine and the local shops along Summerhill Avenue, which enhance property value.
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About This Property Type
Condos in Rosedale-Moore Park are defined by their blend of historic architecture and contemporary design. Many buildings feature classic brick exteriors, often found along streets like Glen Road and Macpherson Avenue, while interiors focus on modern finishes and open-concept layouts. Common amenities might include concierge services, fitness centers, and communal spaces, which are attractive to busy professionals and families alike. These condos range from intimate boutique buildings to larger developments that offer a sense of community. Buyers can expect a variety of styles, with options for those who prefer vintage charm as well as more contemporary aesthetics. Additionally, many units offer balconies or terraces that provide outdoor space, a valuable feature in a dense urban setting.
Location Highlights
Rosedale-Moore Park stands out for its picturesque streets and proximity to nature amidst an urban backdrop. The area is surrounded by lush green spaces like the Rosedale Ravine, allowing residents to enjoy outdoor activities such as hiking and cycling. Local landmarks like the historic Rosedale Golf Club add to the community’s appeal, serving both recreational and social purposes. Convenience is key, with easy access to transit options including the Bayview subway station, which connects residents to the wider city. Nearby amenities such as the Summerhill Market and local cafes on Yonge Street enhance the quality of life. Families will find reputable schools like Rosedale Junior Public School and Branksome Hall, ensuring that educational options are readily available for buyers with children.
Investment Advice
Investing in a condo in Rosedale-Moore Park is a strategic decision, especially given the current competitive market and limited supply. The area’s charm, combined with its historical significance and access to amenities, guarantees a strong demand for rental properties. With a median price of $579,895, the potential for appreciation is promising, especially as young professionals continue to flock to the area for its lifestyle offerings. Moreover, Rosedale-Moore Park's reputation for stability and growth in property values makes it an attractive option for investors. The limited availability of condos in this sought-after neighborhood means that securing a property now may result in significant long-term gains. As more developments are initiated, potential buyers should keep an eye on new projects that could influence future market trends.
Buying Tips
For buyers entering the Rosedale-Moore Park condo market, being prepared is essential due to the competitive landscape. Start by getting pre-approved for a mortgage, which demonstrates readiness and can give you an edge when making offers. Additionally, working with a local real estate agent familiar with the area can provide valuable insights into upcoming listings and market trends. When viewing properties, consider not only the unit itself but also the building's amenities and surrounding neighborhood features. Take time to explore nearby parks like Moore Park Ravine and local businesses on Yonge Street to gauge the lifestyle you might enjoy. Finally, don’t hesitate to act quickly; with limited inventory and strong demand, homes priced under the median price tend to sell fast. Be prepared to make an offer soon after finding a condo that suits your needs.
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Frequently Asked Questions About Toronto (Rosedale-Moore Park)
How many condos are for sale in Toronto (Rosedale-Moore Park)?
There are currently 6 condos listed for sale in Toronto (Rosedale-Moore Park) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are condo listings updated in Toronto (Rosedale-Moore Park)?
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 (Rosedale-Moore Park)?
Condos in Toronto (Rosedale-Moore Park) are available in 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom configurations. Use the sidebar links to browse by bedroom count.