MLS® listing
286 Main Street 408: condo apartment for sale
$579,000
From the listing brokerage
*Never before offered at this price! HST removed from the asking price. Take advantage of this limited time opportunity! Brand-new and never before been lived-in , oversized & chic 791 sq ft, 1+1 bedroom, (rare) 2 bathroom condo, perfectly situated in Toronto's vibrant Main & Danforth neighbourhood. Built by renowned Tribute Communities, this modern residence offers the perfect blend of luxury, convenience, and top-tier craftsmanship. Step inside unit 408 to discover 9-ft ceilings, a spacious and functional layout and premium finishes throughout. The open-concept floorplan is designed for both style and comfort, offering an expansive living and dining space perfect for both everyday living and guest entertaining. The modern kitchen boasts high-end appliances, contemporary cabinetry, neutral backsplash and sleek countertops. The sunny primary bedroom features an airy space with a walk-out to the balcony, ample closet space and a spa-inspired ensuite bath. The unit comes complete with a versatile oversized den, ideal for both a home office or a guest space and a second functional full bathroom. Residents of Linx Condos enjoy state-of-the-art amenities and unparalleled access to transit options, including the Main Street subway, the 506 streetcar, and Danforth GO, making it easy to stay connected to all corners of Toronto. This is city living at its finest-functional, stylish, and perfectly located. ****Price is inclusive of HST and HST rebate. This new home qualifies for the new Enhanced HST Rebate which has been included in the Purchase Price. Purchaser must be eligible for the rebate & eligible to assign it to the Vendor, as determined by the applicable governmental authorities, or must otherwise pay the full HST on closing & independently apply for the rebate after closing. **View detailed photos and cinematic video attached**
Facts on the listing
| Square feet | 700-799 |
|---|---|
| Approximate age | 0-5 |
| Style | Apartment |
| Basement | None |
| Parking spaces | 0 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $572 |
| Property tax | $3,698 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | East |
| Fee includes | Common Elements Included, Building Insurance Included |
| Building amenities | Party Room/Meeting Room, Concierge, Bike Storage, Gym, Bus Ctr (WiFi Bldg), Guest Suites |
| Balcony | Open |
| Laundry | Laundry Closet |
| Parking | Underground |
| Interior features | Primary Bedroom - Main Floor |
| Features | Public Transit, Lake/Pond, Park, Waterfront, Hospital, Rec./Commun.Centre |
| View | City |
| Floor | 4 |
Listing courtesy of RE/MAX ALL-STARS REALTY INC.. MLS® E13793872.
About this condo apartment
286 Main Street 408 is a 2 bedroom condo apartment in TRREB's East End-Danforth community in Toronto, listed for sale at $579,000. The listing shows 2 bathrooms and 700-799 square feet. The style is given as apartment. The unit faces east. It comes with an underground garage according to the listing. The nearest main intersection given is Danforth / Main. The age is listed as 0-5 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: party room/meeting room, concierge, bike storage, gym, bus ctr (wifi bldg) and guest suites.
What it costs to buy 286 Main Street 408
At the asking price of $579,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $579,000 |
|---|---|
| Ontario land transfer tax | $8,055 |
| Toronto municipal land transfer tax | $8,055 |
| Both taxes | $16,110 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $32,900 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $572 a month |
|---|---|
| Property tax (2026) | $3,698 a year, about $308 a month |
| Fee and tax together | about $881 a month |
The listing says the maintenance fee includes common elements and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $579,000, which is $29,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. Ask whether a space or a locker comes with the unit and whether one can be rented in the building.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 286 Main Street 408
How much is land transfer tax on 286 Main Street 408?
At the asking price of $579,000 the Ontario tax is $8,055 and the Toronto tax is $8,055, $16,110 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 286 Main Street 408?
$32,900 at the asking price of $579,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 286 Main Street 408?
The listing shows $572 a month, including common elements and building insurance. Check the current fee in the status certificate.
How much is the property tax on 286 Main Street 408?
The listing shows $3,698 a year for 2026, about $308 a month.
Is 286 Main Street 408 priced above or below the median?
It is listed at $579,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $29,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 286 Main Street 408?
Use the form on this page or call us. Quote MLS® E13793872. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 286 Main Street 408 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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