398 Eglinton Ave E #910, Toronto, ON M4P 3H8

ALL-INCLUSIVE, RENT-CONTROLLED APARTMENT. Monthly rent incl electricity, water, heating & cooling. As this building was occupied prior to 2018, rent increases are determined by the province each year (2.5% max in 2024). Newer buildings have no limit on the rent increase after the initial lease expires. This two-bedroom, two-bathroom suite has exceptional light and endless views, with a balcony looking south and west over the city. Steps from the Mt Pleasant station on the soon-to-open (fingers crossed) Eglinton Crosstown transit line, and a ten-minute walk to Yonge & Eglinton, with its many restaurants and a subway station. Access to downtown by transit, bike or car is easy, with many options for routes. Inside, the combined living/dining room has windows on two walls and a walkout to the balcony. The kitchen has good storage, a built-in-microwave and dishwasher and a breakfast bar overlooking the living/dining area and panoramic views to the east. The split-plan layout gives maximum privacy to the two bedrooms, each of which has a proper door, huge windows and a large closet. One bedroom has a walkout to the balcony, the other has a walk-through closet leading to a private four-piece ensuite bathroom. Off the hallway, the second bathroom includes a separate shower. There is additional storage in a hall closet and a laundry room/pantry as well as in a separate storage locker. One underground parking space is included in the rent. The apartment has had the walls and ceilings recently painted and new custom roller blinds are being installed on all windows. Building amenities include a gym, sauna and a party room with walkout to ground level gardens with gazebo and barbeques for resident use. There is easily-accessible visitor parking for both cars and bikes underground. This is a wonderful opportunity to make a long-term plan to live in a beautiful, sunny unit in an upscale residential neighbourhood, with predictable expenses each month and into the future.

This apt was occupied before 2018 so is subject to rent control. The rent can be increased only once per year, only by an amount determined by the prov govt (2.5% for 2024). In newer buildings, the rent increases are unlimited