25 Neighbourhood Lane Unit 404, Toronto W07

Price: $899,000

4 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13230416

Location Location Location. Here is a chance to own a stunning 3 bedroom plus den with 2 full bathroom condo close to lake Ontario for all the water lovers. Just 5 minutes to the boat launch. Everything is within walking distance from coffee shops, dining, restaurants, ice cream shops, Grocery stores Parks and trails. Great elementary and high schools in the area. This stunning unit features floor to ceiling glass windows wrapping around a corner unit With 9 feet high ceilings. Totaling 1300 square feet of interior space. Very spacious and bright with lots of natural light throughout. Corner units are the quietest and have the best view in any condo building. This unit features a sleek upgraded kitchen with quartz countertops, stainless steel appliances, and many other builder upgrades added to the unit. It has 2 balcony's one facing east and a terrace off the master bedroom facing west. An oversized walk in closet in the master bedroom. Residents enjoy access to top-tier building amenities, including a concierge, gym, party room, pet spa, kids play room and more. TTC at your doorstep, quick access to Old Mill Subway and Mimico GO Station. Close to all major highways and a short drive to downtown.

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active
New Listing
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$899,000 - 25 Neighbourhood Lane Unit 404, Corso Italia

Condo for Sale in Corso Italia

New — Listed 2 days ago
4Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13230416
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
EXP REALTY
Description

Location Location Location. Here is a chance to own a stunning 3 bedroom plus den with 2 full bathroom condo close to lake Ontario for all the water lovers. Just 5 minutes to the boat launch. Everything is within walking distance from coffee shops, dining, restaurants, ice cream shops, Grocery stores Parks and trails. Great elementary and high schools in the area. This stunning unit features floor to ceiling glass windows wrapping around a corner unit With 9 feet high ceilings. Totaling 1300 square feet of interior space. Very spacious and bright with lots of natural light throughout. Corner units are the quietest and have the best view in any condo building. This unit features a sleek upgraded kitchen with quartz countertops, stainless steel appliances, and many other builder upgrades added to the unit. It has 2 balcony's one facing east and a terrace off the master bedroom facing west. An oversized walk in closet in the master bedroom. Residents enjoy access to top-tier building amenities, including a concierge, gym, party room, pet spa, kids play room and more. TTC at your doorstep, quick access to Old Mill Subway and Mimico GO Station. Close to all major highways and a short drive to downtown.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

$
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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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: Corso Italia / Dufferin Grove

Discover Corso Italia / Dufferin Grove

Corso Italia / Dufferin Grove 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 Corso Italia / Dufferin Grove

  • Convenient location in Corso Italia / Dufferin Grove
  • 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

Corso Italia / Dufferin Grove 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
Varies
Price Range

25 Neighbourhood Lane Unit 404, Corso Italia / Dufferin Grove

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,716

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $749/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Corso Italia's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Corso Italia. Good resale value as demand remains consistent.

Investment Perspective

Looking at this as an investment: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,746 (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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    25 Neighbourhood Lane Unit 404… — $899,000 | Battaglia Team