101 Erskine Avenue Unit 418, Toronto C10

Price: $599,999

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C12718672

Tridel-built luxury residence offering a rare 741 sq ft 1+1 layout with two full bathrooms and a fully-enclosed den, ideal as a second bedroom, home office, or private retreat. Thoughtfully upgraded throughout, the chef-inspired, full-size kitchen features ample granite countertops with matching backsplash, premium AEG built-in appliances, and under-cabinet lighting, perfect for both everyday living and entertaining. Soaring smooth-finish ceilings, dimmable smart LED lighting, and floor-to-ceiling windows create a bright, airy feel by day and a warm ambiance at night, complemented by pull-down blackout shades for comfort and privacy. The spacious primary suite accommodates a king-sized bed and includes a walk-in closet with upgraded, built-in shelving and a modern ensuite. Additional conveniences include ensuite laundry and a same-floor storage locker just steps from the unit (see pics showing locker just down the hall). Residents enjoy world-class amenities: 24-hour concierge, fully equipped gym with yoga studio, heated infinity pool, saunas, billiards lounge, theatre room, party spaces, guest suites, free underground visitor parking, and a resort-style garden terrace with cabanas and Napoleon BBQs.Perfectly situated within walking distance to the TTC subway, upcoming LRT, top schools, fine dining, and premium shopping. Secure underground parking available for rent. Freshly painted and meticulously maintained by the original owner, this unit is truly move-in ready. A rare offering that must be seen to be fully appreciated.

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Mortgage Calculator

Estimate based on sold price

Estimated Payment

$3,078.31/mo

Includes CMHC insurance ($16,740)

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5-yr fixed avg.

Principal: $539,999Interest: $366,753
Mortgage Amount$556,739
Total Interest$366,753
Est. Property Tax$425/mo
Total Cost$923,492

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Leaside / Davisville

Discover Leaside / Davisville

Leaside / Davisville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Leaside / Davisville

  • Convenient location in Leaside / Davisville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Leaside / Davisville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
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Price Range

101 Erskine Avenue Unit 418, Leaside / Davisville

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Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $857/sqft, this property is priced in line with current Leaside market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 65 days on site, this property has exceeded the typical selling timeline for Leaside. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Leaside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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