MLS® listing
385 Browns Line 305: co-op apartment for sale
$348,000
From the listing brokerage
Welcome to Alderwood Towers! This spacious southeast corner 2-bedroom co-operative apartment offers an affordable opportunity to live in the heart of Alderwood. Enjoy generous principal rooms, plenty of storage, air conditioning, a rare feature in the building, and the convenience of included parking. No rentals permitted. This is an owner-occupied co-operative building. The well-maintained building features an outdoor pool, visitor parking and on-site laundry. Monthly maintenance fees include property taxes, helping to keep monthly carrying costs predictable. Ideally located steps from Alderwood Plaza, including Farm Boy and everyday amenities, with TTC nearby and easy access to Sherway Gardens, Long Branch GO, Highway 427, the QEW, parks and trails. A fantastic opportunity for first-time buyers, downsizers or anyone looking for a spacious home in a convenient South Etobicoke location.
Facts on the listing
| Square feet | 700-799 |
|---|---|
| Approximate age | 51-99 |
| Style | 1 Storey/Apt |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Baseboard |
| Cooling | Wall Unit(s) |
| Kitchens | 1 |
| Maintenance fee | $794 |
| Property tax | |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | South East |
| Fee includes | Common Elements Included, Parking Included, Water Included, Building Insurance Included, Condo Taxes Included |
| Balcony | Open |
| Laundry | Coin Operated, In Basement, Laundry Room |
| Interior features | Carpet Free |
| Floor | 3 |
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS® W13875410.
About this co-op apartment
385 Browns Line 305 is a 2 bedroom co-op apartment in TRREB's Alderwood community in Toronto, listed for sale at $348,000. The listing shows 1 bathroom and 700-799 square feet. The style is given as 1 storey/apt. The unit faces south east. It comes with 1 parking space and an underground garage according to the listing. The nearest main intersection given is Evans Ave and Browns Line. The age is listed as 51-99 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.
What it costs to buy 385 Browns Line 305
At the asking price of $348,000, 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 | $348,000 |
|---|---|
| Ontario land transfer tax | $3,695 |
| Toronto municipal land transfer tax | $3,695 |
| Both taxes | $7,390 |
| First-time buyer relief, if you qualify | up to $7,390 |
| Minimum down payment | $17,400 |
The down payment figure is the federal minimum: 5 percent of the price. 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 | $794 a month |
|---|
The listing says the maintenance fee includes common elements, parking, water, building insurance and condo taxes. 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.
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. The listing shows 1 parking space. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- 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. 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 385 Browns Line 305
How much is land transfer tax on 385 Browns Line 305?
At the asking price of $348,000 the Ontario tax is $3,695 and the Toronto tax is $3,695, $7,390 in total. A first-time buyer who qualifies can get up to $7,390 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 385 Browns Line 305?
$17,400 at the asking price of $348,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 385 Browns Line 305?
The listing shows $794 a month, including common elements, parking, water, building insurance and condo taxes. Check the current fee in the status certificate.
How do I book a showing for 385 Browns Line 305?
Use the form on this page or call us. Quote MLS® W13875410. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 385 Browns Line 305 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.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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