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    Terraces On Danforth Condos

    3520 Danforth Avenue

    2for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    7
    Number of Units:
    95
    Condo Completion:
    2014
    Condo Demand:
    Medium
    Unit Size Range:
    542 - 1,215 SQFT
    Unit Availability:
    Low

    Listing History for Terraces On Danforth Condos

    Amenities

    Gym Room
    BBQ
    Security System
    Bike Storage
    Visitor Parking
    Rooftop Deck

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 3520 Danforth AvenueTerraces On Danforth Condos

    Terraces On Danforth Condos stands 7 storeys tall at 3520 Danforth Avenue and contains 95 units. This Toronto condo was completed in 2014 by Liberty Development Corporation. Suite sizes range from 542 square feet to 1215 square feet.

    This condo has a Walk Score of 83 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.66 per-square-foot, which is lower than the neighbourhood average of $0.78 per-square-foot.

    The Suites

    We’ve aggregated a number of stats at 3520 Danforth Avenue. Here are some highlights: In the past 12 months, 6 units have sold, and 8 have been rented. Meanwhile, property values here have decreased by 5.28%.

    Units at Terraces On Danforth Condos have a medium likelihood of receiving more than one offer, and on average they sell for -1.68% below the listed price. Suites here have an average cost per-square-foot of $806 based on sales over the past 12 months, and the median time a unit spends on the market is 39 days.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Uncle Robert's Restaurant, Lotus Garden Hakka Indian Style Chinese Cuisine and Ghoroaa Classic Restaurant are all within 3 minutes walking distance from 3520 Danforth Avenue. Need caffeine to open your eyes in the morning? No worries, The Birchcliff, Tim Hortons and Daily Perk Coffee Co Ltd have you covered...

    There are a number of grocery stores within a short drive, including Baraka Supermarket, Ababeel Supermarket and Metro.

    Planning for your future is easy with President's Choice Financial and CIBC Branch with ATM in the area.

    Getting some fresh air is a breeze when you live at 3520 Danforth Avenue because excellent green spaces like Scotia Parkette and Hollis - Kalmar Park are walkable in under 3 minutes.

    Enhance your personal style while living in the Oakridge neighbourhood by visiting Bakulaw Online Shopping, Spark Auto Parts. and Victoria Crossing.

    When the weekend rolls around, Won Studio Art Gallery, Scarborough Arts and Gillian's Studio & Framing are within a short 5-minute drive away.

    Terraces On Danforth Condos is a short drive away from Z3 Education Centre, Crescent Town Elementary School and Regent Heights Public School, giving you plenty of choice for your child’s education.

    Transportation

    If you commute by public transit then the Oakridge neighbourhood is a great choice, as you’ll find the Danforth Ave At Warden Ave light transit stop makes it easy to get around. Victoria Park is about a 3-minute drive from the building.

    There are several similar condos in the area, such as 1400 Kingston Road, 1350 Kingston Road and 1340 Kingston Road — all worth checking out.

    2

    Listings For Sale

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    Listings For Rent

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    Nearby Amenities

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Demographics

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

    Population
    7,973
    Average Individual Income
    $63,938
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $105,083
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    29%
    Low Rise Apartment
    9%
    High Rise Apartment
    8%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    48%
    Cantonese
    22%
    Mandarin
    17%
    Other
    8%
    Tamil
    3%
    Tagalog
    2%
    Education
    University and Above
    29%
    High School
    26%
    None
    21%
    College
    16%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    13%
    Social Sciences
    11%
    Math & Computer Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Days on Strata

    Units at Terraces On Danforth Condos spend an average of
    39
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 3 condos in the Oakridge area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    Terraces On Danforth Condos offers the
    ?
    best value out of 3 condos in the Oakridge neighbourhood

    Appreciation Rank

    Terraces On Danforth Condos has the
    ?
    highest ROI out of 3 condos in the Oakridge neighbourhood

    Rental Yield

    Terraces On Danforth Condos yields the
    ?
    highest rent prices out of 3 condos in the Oakridge neighbourhood

    High Demand

    Terraces On Danforth Condos is the
    ?
    most popular building out of 3 condos in the Oakridge neighbourhood

    Transaction Insights at 3520 Danforth Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price Range$515,000$440,000 - $545,000No Data$585,000No Data
    Avg. Cost Per Sqft$922$828No Data$727No Data
    Avg. Wait for Unit Availability247 Days74 Days217 Days1145 DaysNo Data
    Ratio of Units in Building15%62%15%8%2%

    Maintenance Fees

    Terraces On Danforth Condos vs The Oakridge Area

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