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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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Home/Akra Living Condos/407

407

Available1 rental

$674,900

$1,658/sq ft · Resale avg $1,538/sqft

Studio·1.0 Bath·407 sq ft·West·$1,658/sq ft

Bedrooms

Studio

Bathrooms

1.0

Size

407 sq ft

Exposure

West

1 / 3Next: 452
407 Floor Plan at Akra Living Condos - 407 sq.ft
Click to enlarge

Floor Range: 8-LPH

Price History

$655K$666K$676K$687K$698KSep 22Dec 24Apr 26

Launch Price

$654,900

$1,609/sq ft

Sep 14, 2022

Current Price

$674,900

$1,658/sq ft

▲$20,000 (+3.1%)

Comparable Listings Nearby

Beta

Similar Studio condo units nearby

For Sale2 listings
195 Redpath Avenue, Unit 3307For SaleStrong Match

$436,000

195 Redpath Avenue, Unit 3307

Studio1 Bath0-499 sqft
0.2 km·Built 2023·24d on mkt
117 Broadway Avenue, Unit 1103For SaleStrong Match

$349,000

117 Broadway Avenue, Unit 1103

Studio1 Bath0-499 sqft
0.2 km·Built 2023·27d on mkt
For Rent6 listings
109 Erskine Avenue, Unit 601For LeaseStrong Match

$2,197/mo

109 Erskine Avenue, Unit 601

Studio1 Bath0-499 sqft
<0.1 km·10d on mkt
110 Broadway Avenue, Unit 2707For LeaseStrong Match

$1,700/mo

110 Broadway Avenue, Unit 2707

Studio1 Bath0-499 sqft
0.1 km·27d on mkt
127 Broadway Avenue, Unit 2503For LeaseStrong Match

$1,800/mo

127 Broadway Avenue, Unit 2503

Studio1 Bath0-499 sqft
0.3 km·19d on mkt
117 Broadway Avenue, Unit 2410For LeaseStrong Match

$1,850/mo

117 Broadway Avenue, Unit 2410

Studio1 Bath0-499 sqft
0.2 km·3d on mkt
117 Broadway Avenue, Unit 802For LeaseStrong Match

$1,800/mo

117 Broadway Avenue, Unit 802

Studio1 Bath0-499 sqft
0.2 km·9d on mkt
117 Broadway Avenue, Unit 802For LeaseStrong Match

$1,750/mo

117 Broadway Avenue, Unit 802

Studio1 Bath0-499 sqft
0.2 km·50d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $674,900

(5% + 5%) $10,000.00 On Signing Balance to 5% - 30 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$23,745$33,745May 29, 2026
5% - Occupancy5%$33,745$67,490At Occupancy
Total Deposit10.0%$67,490

407 sq ft × $0.69/sq ft = $281/mo

Add-ons

Monthly Mortgage (P&I)$2,862
Property Tax (est.)$366
Maintenance Fees$281
Total Monthly Cost$3,508
Est. Rental IncomeBeta−$1,875
Net Monthly Cost−$1,633

Down payment: $134,980 (20%) · Mortgage: $539,920

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

Rental estimate based on median of nearby comparable units (beta).

Resale MarketLive MLS
Est. Rent$1,875/mo
Est. Gross Yield3.3%

Active MLS Listings — Same Unit Type

109 Erskine Avenue, Unit 601Lease

$2,197/mo

109 Erskine Avenue, Unit 601

Studio10d on mkt

Building Market

For Sale
$1,538/sqft
4on MLS
104 avg DOM
$1.2M–$2.0M
Developer
$1,628/sqft
19available
$675K–$1.9M
For Rent
$5.63/sqft
3on MLS
10 avg DOM
$2K–$3K

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