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    707 - 500 Avenue Road

    For SaleKenair Apartments
    $1,529,000
    2 Beds
    2 Bath
    1 Parking
    1,489 SQFT
    36 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,027/sqft
    Maintenance Fees:
    $1,645/mth
    Taxes:
    $5,137 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    To be arranged
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Other
    Heating
    Heat Pump
    Ensuite Laundry
    Yes

    Room Dimensions

    Living
    Hardwood Floor, Open Concept, Combined with Dining
    13.58 x 22.31ft
    Dining
    Hardwood Floor, Walkout To Balcony, Open Concept
    10.37 x 15.68ft
    Kitchen
    Open Concept, Breakfast Area, Stainless Steel Appliances
    12.89 x 9.81ft

    About this Listing

    Centrally located affordable turn-key Forest Hill corner suite. You did not read that wrong. This spacious and efficiently laid out condo is perfect for buyers ready to downsize, move-up, invest or take advantage of location being steps to Forest Hill Village, Casa Loma, the Annex & Yorkville. Open concept living at its finest with updated kitchen that flows seamlessly into both living & dining room with walk-out to West facing balcony. Unobstructed CN TOWER views from generous primary bedroom w/ 3 piece ensuite & multiple closets with custom built-ins. Hardwood throughout. A condo you won't want to miss!

    ExtrasSee floorplan, Vtour & feature sheet for inclusions. 6 min walk to LONGO's & LCBO. 5 min drive to St Clair & St Clair W subway stations. Amenities include gym, party rm, car wash, concierge & new outdoor BBQ patio (Currently under reno.)

    forest hill real estate inc.MLS® #C8224374


    Amenities

    Gym Room
    Indoor Parking
    Car Wash
    Security System
    Visitor Parking
    Party Room

    Nearby Amenities

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

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

    Population
    7,192
    Average Individual Income
    $60,292
    Average Household Size
    3 persons
    Average Age
    40
    Average Household Income
    $111,861
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    49%
    Low Rise Apartment
    15%
    High Rise Apartment
    15%
    Semi Detached
    12%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    57%
    Mandarin
    14%
    Cantonese
    11%
    Other
    10%
    Tagalog
    3%
    Tamil
    3%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    18%
    College
    17%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Humanities
    7%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at Kenair Apartments spend an average of
    30
    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 a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    7.1
    YEARS before being sold again

    Property Value

    27%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 33 condos in the Forest Hill South area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Kenair Apartments offers the
    ?
    best value out of 33 condos in the Forest Hill South neighbourhood

    Appreciation Rank

    Kenair Apartments has the
    ?
    highest ROI out of 33 condos in the Forest Hill South neighbourhood

    Rental Yield

    Kenair Apartments yields the
    ?
    highest rent prices out of 33 condos in the Forest Hill South neighbourhood

    High Demand

    Kenair Apartments is the
    ?
    most popular building out of 33 condos in the Forest Hill South neighbourhood

    Transaction Insights at 500 Avenue Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$875,000$1,302,500 - $1,715,000$1,580,000$2,199,000No Data
    Avg. Cost Per SqftNo Data$815$1,044$791$1,221No Data
    Avg. Wait for Unit AvailabilityNo Data911 Days201 Days1489 Days1153 DaysNo Data
    Ratio of Units in Building14%11%50%11%14%3%

    Maintenance Fees

    Kenair Apartments vs The Forest Hill South Area

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