$1,395,000 - 240 Broadway Avenue Unit 22, Leaside
Condo for Sale in Leaside
38 days on market- MLS Number
- C13111672
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Leaside / Davisville
- Locker
- None
- Exposure
- East West
- Balcony
- Terrace
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Completely re-imagined from top-to-bottom with exceptional attention to detail, this beautifully renovated Midtown residence offers approximately 1,800 Sq. Ft. of luxurious living space across four levels. Nothing has been overlooked and nothing left untouched, creating a truly turnkey home for buyers seeking sophisticated, low-maintenance living without compromise. An exceptional alternative to traditional condo or detached living, the home blends designer finishes with the comfort, scale and functionality of a true urban residence. The stunning custom kitchen was thoughtfully designed for both everyday living and entertaining, featuring custom cabinetry, porcelain waterfall countertops & backsplash, Sub-Zero and Wolf appliances, oversized centre island with breakfast bar and open sightlines overlooking a dramatic two-storey great room with vaulted ceiling, gas fireplace and walk-out to a private backyard patio. The upper levels offer exceptional flexibility and privacy, including a spacious den with vaulted ceiling and wood-burning fireplace, a beautifully renovated primary retreat with wall-to-wall custom closets and spa-inspired 4-piece ensuite, plus a third-floor bedroom with separate 4-piece bath ideal for guests, office or additional living space. The lower level features a powder room, laundry area, exercise space, approximately 200 Sq. Ft. of crawl space storage and direct access to underground parking with two-car parking. Tucked within an intimate Midtown enclave just steps to Yonge & Eglinton, residents enjoy walkable access to boutique shopping, acclaimed restaurants, cafés, parks, transit and the upcoming Eglinton LRT. A rare opportunity to own a truly turnkey residence in one of Toronto's most vibrant and sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$6,170.56/mo
5-yr fixed avg.
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.
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
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.
240 Broadway Avenue Unit 22, Leaside / Davisville
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $996/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.
Market Position
At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $5,813 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.