Carmelina Condos
3Listings for Salefor Sale
1Listing for Rentfor Rent
2055 Danforth Avenue
Carmelina Condos
2055 Danforth Avenueexpand addresses list
    3Listings for Salefor Sale
    1Listing for Rentfor Rent
    Walk Score
    97
    Transit Score
    89
    Bike Score
    66
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    Average
    Property Type
    Condo
    Developer
    Tre Memovia Inc
    Condo Completion
    2015
    Property Management
    Maple Ridge Community Management
    Unit Size Range
    502 - 1099 SQFT
    Number of Units
    147
    Number of Storeys
    12

    2055 Danforth Avenue, Toronto

    About this condo

    Condo Overview

    A public service advisory — the following profile could cause intense feelings of FOMO (fear of missing out) followed by an incessant need to relocate to the Danforth.

    Standing 12 storeys tall at 2055 Danforth Avenue, Carmelina Condos is a modern building with a contemporary exterior — comprised of a multi-tiered glass façade rising above a brick podium. The contemporary design continues into the minimalist lobby, where stylish light fixtures, marble walls, and a warm fireplace creates a relaxing atmosphere to welcome residents’ home.

    There are businesses located on the ground floor; condo owners have a cozy pub in A Firkin on Danforth, and a café just next door for that critical morning coffee. On top of that, Carmelina Condos provides some desirable extras — gym, party room, media room, business centre, rooftop patio, on site security, and the often overlooked visitor parking.

    For young professionals or first time home buyers — this building is an ideal choice. With so many nearby options for dining, shopping, and entertainment, residents of 2055 Danforth Ave have all the perks of urban living at price points that won’t break the bank.

    The Suites

    From the aesthetically pleasing exterior to the swanky lobby, there's a lot to like about this building — but all of that would be meaningless without impressive suites; fortunately, the Toronto condos for sale found here are just that. Condo buyers can expect to find luxurious features like wide plank hardwood floors, granite countertops, stainless steel appliances, and floor to ceiling windows.

    In addition to the features listed above, select units have exposed concrete pillars, large balconies — some of which have private hot tubs — and those with southern exposures have sweeping views of Lake Ontario. Suite sizes range from 505 square feet for a 1 bedroom to 1441 for a 3 bedroom penthouse.

    Units in this buildings are generally on par with the average price per square foot in east end Toronto — which tends to be lower than prices found in downtown Toronto; for buyers, this means more bang for your buck, which is especially important for those who are looking for a 2+ bedroom condo, as you can really save some money here versus neighbourhoods like the Bay St. Corridor.

    Even though this building is located east of the core, with the wealth of transit options available, you’re only a bus or a subway ride from downtown. Of course, living on the Danforth means that urban convenience is on your doorstep, and many residents might choose to stay close to home for dining and entertainment.

    The Neighbourhood

    Situated in the east end, Upper Beaches & East Danforth is a sprawling neighbourhood centered around Danforth Road. Whether you’re a foodie, a night owl, a music fan, or some combination of the 3, there’s something to suit your needs here.

    Concert goers and fans of the performing arts have a great starting point at 2055 Danforth Ave — for local talent, fans have Eton House at 710 Danforth. For bigger bands — the latest up and comers and the occasional big act — fans have the Danforth Music Hall just beyond the neighbourhood’s borders to the west; as well, The Social Capital is located opposite Danforth Music Hall for plays and shows.

    Food lovers have a wealth of tastes in the area, from fast food chains to international cuisine. Strolling along Danforth, you’d swear that you were attending a meeting of United nations — you have Thai food at the Thai Room, Ethiopian at Lucy Ethiopian Restaurant, Yemenite cuisine at Kabsa Mandi Restaurant, there’s Harbour King Restaurant for Chinese, Jamaican at Simms Restaurant & Lounge, and countless others.

    You’ll also find the usual suspects like KFC, Pizza Pizza, and Tim Hortons. If you need that morning blast of caffeine, you have choices — Zav Coffee Shop, Cafe Cocoro, Circus Coffee House, Coffee Time, Seb's Cappuccino, and many more. Condo buyers who value convenience, have plenty of service based businesses, such as salons, cleaners, and fitness clubs. Plus, there are nearby grocery stores, and several retail stores for fashion and technology.

    If nightlife is what you crave, you’ll never have to go far to find it. Danforth Road is packed with pubs and bars; for Karaoke and bar games there’s Groove Bar & Grill, and for cocktails you have The Shore Leave. Do you have a hankering for live jazz? Then you can check out Sauce on Danforth to get your fill. And because no neighbourhood is complete without a great place for craft beer, you have Relish Bar & Grill for a burger a palate pleasing selection of ales.

    With all that this neighbourhood can offer, it would be easy to overlook greenspaces — of which there are many; Merrill Bridge Road Park and Williamson Park Ravine offer walking trails beside Small’s Creek, East Toronto Sports Field has a variety of sports facilities for those who are athletically inclined, and you’ll find an abundance of small parks and playgrounds in the area.

    Transportation

    2055 Danforth Ave struts its way to a 96 Walk Score — if two feet and a heartbeat is your preferred method of travel, then you’ll be thrilled to know you can easily run errands on foot. Those who rely on public transit has east and westbound buses on Danforth Ave, north and southbound buses on Woodbine and Coxwell, and several stops in residential areas.

    Those who commute to downtown through public transit, can hop on the subway — not literally — at Woodbine Station which is just around the corner from the building. Car owners have it easy here as well; a short drive west on Danforth Ave will have you on the Don Valley Parkway in minutes, allowing for quick connections to Lake Shore Blvd, the Gardiner Expressway, or the 401.

    1

    Listings For Rent

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    Amenities

    Visitor Parking
    Party/Meeting Room
    Security System
    Gym
    Concierge
    Business Centre
    Media Room

    Maintenance Fees Cover

    Maintenance fees include

    None

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning
    Water

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Carmelina Condos vs The Upper Beaches | East Danforth Area

    $199.00
    More Expensive
    per SQFT compared to the neighbourhood average
    Carmelina Condos's Avg
    price per SQFT
    $978
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $779
    / SQFT

    Building Trends At Carmelina Condos

    Days on Market

    Units at Carmelina Condos spend an average of
    10
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    14%
    above
    the list price.

    Offer Competition

    Condos in this building have a

    HIGH
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 24 condos in the Upper Beaches | East Danforth area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    22
    Units were Rented over the past twelve months

    Best Value

    Carmelina Condos offers the
    ?
    best value out of 24 condos in the Upper Beaches | East Danforth neighbourhood

    Return on Investment

    Carmelina Condos has the
    ?
    highest ROI out of 24 condos in the Upper Beaches | East Danforth neighbourhood

    Rental Yield

    Carmelina Condos yields the
    ?
    highest rent prices out of 24 condos in the Upper Beaches | East Danforth neighbourhood

    High Demand

    Carmelina Condos is the
    ?
    most popular building out of 24 condos in the Upper Beaches | East Danforth neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed502 - 685 SQFT
    Average Cost Per Sqft$869
    Sales Price Range$467,000 - $625,000
    Rental Price Range$1,600 - $1,995
    1 Bed + Den600 - 600 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$1,940 - $2,050
    2 Bed600 - 1000 SQFT
    Average Cost Per Sqft$828
    Sales Price Range$560,000 - $855,000
    Rental Price Range$2,100 - $2,700

    How Often Are Units Listed?

    1 Bed502 - 780 SQFT
    Average Sales Availability
    Every122Days
    Average Rental Availability
    Every53Days
    Ratio of Unit Type in Building35%
    1 Bed + Den521 - 988 SQFT
    Average Sales Availability
    Every223Days
    Average Rental Availability
    Every188Days
    Ratio of Unit Type in Building11%
    2 Bed600 - 1000 SQFT
    Average Sales Availability
    Every68Days
    Average Rental Availability
    Every32Days
    Ratio of Unit Type in Building53%
    2 Bed + Den850 - 1099 SQFT
    Average Sales Availability
    Every393Days
    Average Rental Availability
    Every1488Days
    Ratio of Unit Type in Building4%

    Maintenance Fees
    Carmelina Condos vs The Upper Beaches | East Danforth Area

    $0.08
    More Expensive
    per SQFT compared to the neighbourhood average
    Carmelina Condos's Avg
    monthly maintenance
    fee per SQFT
    $0.74
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.66
    / SQFT

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