530 Indian Grove 401
Junction Area, Toronto, M6P 0B3
FOR SALE
$495,000
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Property Description
Welcome to The Duke in the heart of the Junction, a boutique, community focused building known for its quality construction and strong reputation. This bright 606 sq ft one bedroom suite features 9' ceilings, floor to ceiling windows, and a sunny south exposure that fills the space with natural light. Enjoy a private south facing balcony overlooking greenery, a peaceful retreat with beautiful summer sunsets away from the bustle of Dundas St W. A functional layout offers a foyer with coat closet, open concept living area with engineered hardwood floors, and a modern Scavolini kitchen with stone countertops, paneled appliances, and stainless steel wall oven, cooktop, and microwave. The bedroom fits a queen sized bed with a double closet, complemented by a 4 piece bathroom with soaker tub and in suite laundry. Residents enjoy a well established 7 storey building with a gym, BBQ area, and party room. Unbeatable Junction location with a 97 Walk Score and 95 Bike Score, steps to cafes, restaurants, the farmers' market, and minutes to High Park, the Stockyards, and transit including the UP Express for quick connection to Pearson Airport and nearby subway access at Keele or Dundas West station. An excellent opportunity for first time buyers, young professionals, downsizers, or investors seeking a well located west end home or pied à terre. For investors, the combination of strong rental demand in the Junction, efficient layout, and relatively low operating costs offers attractive income potential, with an estimated cap rate of approximately 4%.
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Nearby Intersections
Property Features
Public Transit, Park, Built-In Oven, Carpet Free, ERV/HRV, None, Ensuite
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Property Details
Address
530 Indian Grove 401
Community
City
Postal Code
M6P 0B3
Property Type
Condo Apartment, Condo Apartment
Taxes
$2,413 (2025
Basement
None
Exterior
Controlled Entry
Heat Type
Heat Pump
Heat Source
Electric
Parking 1
None
Garage Type
Underground
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Listing contracted with Babiak Team Real Estate Brokerage Ltd.
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