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    2055 Danforth Avenue

    3for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    147
    Condo Completion:
    2015
    Condo Demand:
    Medium
    Unit Size Range:
    502 - 1,099 SQFT
    Unit Availability:
    Low

    Listing History for Carmelina Condos

    Receive listing updates for Woodbine Corridor

    Amenities

    Gym Room
    Party Room
    Rec Room
    Visitor Parking
    Media Room
    Business Centre

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2055 Danforth AvenueCarmelina Condos

    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 Street 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.

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    3

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    Explore Woodbine Corridor

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

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

    Population
    45,142
    Average Individual Income
    $61,841
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $108,378
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    23%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    25%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    27%
    High Rise Apartment
    16%
    Duplex
    8%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    52%
    Cantonese
    18%
    Mandarin
    14%
    Other
    9%
    Tamil
    4%
    Tagalog
    2%
    Urdu
    1%
    Education
    University and Above
    31%
    High School
    26%
    None
    18%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Maintenance Fees

    Carmelina Condos vs The Woodbine Corridor Area

    Days on Strata

    Units at Carmelina Condos spend an average of
    19
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Woodbine Corridor

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 8 condos in the Woodbine Corridor area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    Carmelina Condos offers the
    ?
    best value out of 8 condos in the Woodbine Corridor neighbourhood

    Appreciation Rank

    Carmelina Condos has the
    ?
    highest ROI out of 8 condos in the Woodbine Corridor neighbourhood

    Rental Yield

    Carmelina Condos yields the
    ?
    highest rent prices out of 8 condos in the Woodbine Corridor neighbourhood

    High Demand

    Carmelina Condos is the
    ?
    most popular building out of 8 condos in the Woodbine Corridor neighbourhood

    Transaction Insights at 2055 Danforth Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$550,000No Data$649,000 - $860,000No Data
    Avg. Cost Per Sqft$892No Data$937No Data
    Avg. Wait for Unit Availability101 Days303 Days72 Days157 Days
    Ratio of Units in Building35%11%53%3%

    Unit Sales vs Inventory

    Total number of units listed and sold in Woodbine Corridor