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    Toronto / Midtown / Mount Pleasant East

    603 - 398 Eglinton Ave E

    For SaleMaxim
    $475,000
    1 Bed
    1 Bath
    1 Parking
    600 SQFT
    55 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $793/mth
    Taxes:
    $2,518 (2024)
    Cost Per Sqft:
    $792/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    October 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Laminate, Walkout To Balcony
    17.32 x 9.84ft
    Dining
    Combined with Living, Laminate, Breakfast Bar
    17.32 x 9.84ft
    Kitchen
    Tile Floor, Stainless Steel Appliances, Backsplash
    9.51 x 6.23ft

    About this Listing

    Welcome to your quiet cozy new home! Maxim Condos is located just a short walk from Mt. Pleasant And Eglinton Including, Restaurants, Specialty Shops & Grocery Stores. TTC located right at your door and the LRT soon to arrive! Transit score 82, walk score 84. This unit boasts over 600 Sq/ft of living space. Same owner for over 20 years! Owner has done a number of upgrades including fresh paint, new stove and new dishwasher. Completely move in ready! The well- maintained building offers visitor parking, exercise room, sauna, and a well equipped party room leading out to a beautiful, private landscaped terrace with BBQ and Gazebo. Perfect starter home for someone hoping to get into the market or for investors/down-sizers!

    ExtrasExisting: Refrigerator, New Stove, New Dishwasher Stove Fan, Combo Washer & Dryer, All Existing Window Coverings, All Light Fixtures. Includes Owned Parking & Locker. Freshly Painted. Maintenance Fees Are Inclusive.

    property.ca inc.MLS® #C9373861

    Amenities

    Visitor Parking
    Games Room
    Gym Room
    Indoor Parking
    Sauna
    Party Room

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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    Demographics

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

    Population
    15,396
    Average Individual Income
    $62,966
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $112,148
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    24%
    $60,000+
    12%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    21%
    Low Rise Apartment
    11%
    High Rise Apartment
    8%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    53%
    Cantonese
    16%
    Mandarin
    15%
    Other
    11%
    Tamil
    3%
    Tagalog
    1%
    Spanish
    1%
    Education
    University and Above
    32%
    High School
    26%
    None
    17%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Maxim vs The Mount Pleasant East Area

    Building Trends At Maxim

    Days on Strata

    Units at Maxim spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Pleasant East

    Turnover of Units

    On average, each unit is owned for
    4.4
    YEARS before being sold again

    Property Value

    -22%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 18 condos in the Mount Pleasant East area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Maxim offers the
    ?
    best value out of 18 condos in the Mount Pleasant East neighbourhood

    Appreciation Rank

    Maxim has the
    ?
    highest ROI out of 18 condos in the Mount Pleasant East neighbourhood

    Rental Yield

    Maxim yields the
    ?
    highest rent prices out of 18 condos in the Mount Pleasant East neighbourhood

    High Demand

    Maxim is the
    ?
    most popular building out of 18 condos in the Mount Pleasant East neighbourhood

    Transaction Insights at 398 Eglinton Avenue E

    1 Bed2 Bed
    Price Range$498,800 - $527,000$586,000
    Avg. Cost Per Sqft$721$765
    Avg. Wait for Unit Availability128 Days154 Days
    Ratio of Units in Building58%43%

    Transactions vs Inventory

    Total number of units listed and sold in Mount Pleasant East