385 Osler Street Unit 502, Toronto W03

Price: $885,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13162814

Three real bedrooms > Two legitimate work-from-home options. Nearly 1,150 SF inside (per Housemax), plus a sprawling 323 SF terrace and a second private balcony. This is the kind of condo buyers are waiting for - and rarely find. Perched as a sun-filled lower penthouse at SCOOP Condos, the space opens wide to unobstructed south-to-east skyline views with no looming towers, wide open sight-lines, and sunlight that pours in from morning through golden-hour evenings. The terrace feels less like a balcony and more like an outdoor living room - large enough for dining, lounging, gardening, or hosting all summer long.Inside, the layout simply works. Three generous bedrooms offer true flexibility: growing family, nursery, guest room, dual offices, creative studio, or the rare ability to work from home without sacrificing your living space. Consider supersizing the living space by opening up the third bedroom! Oversized windows and expansive principal rooms make this feel far closer to a house than a typical condo. And then there's the storage. A rare direct private entrance to your own oversized single-room locker creates the kind of everyday utility condo buyers almost never get - bikes, strollers, seasonal gear, workshop space... it functions more like a secure garage extension. Parking included. Located along the evolving St. Clair corridor between The Junction and Corso Italia, with cafés, bakeries, parks, schools, recreation, streetcar access, and the future benefits of rapid transit all nearby. The space of a home > The convenience of a condo > And value that becomes harder to ignore the moment you compare it.

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$885,000 - 385 Osler Street Unit 502, Keelesdale

Condo for Sale in Keelesdale

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13162814
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Keelesdale / Eglinton West
Locker
Owned
Exposure
South East
Balcony
Terrace
Listing Brokerage
BOSLEY REAL ESTATE LTD.
Description

Three real bedrooms > Two legitimate work-from-home options. Nearly 1,150 SF inside (per Housemax), plus a sprawling 323 SF terrace and a second private balcony. This is the kind of condo buyers are waiting for - and rarely find. Perched as a sun-filled lower penthouse at SCOOP Condos, the space opens wide to unobstructed south-to-east skyline views with no looming towers, wide open sight-lines, and sunlight that pours in from morning through golden-hour evenings. The terrace feels less like a balcony and more like an outdoor living room - large enough for dining, lounging, gardening, or hosting all summer long.Inside, the layout simply works. Three generous bedrooms offer true flexibility: growing family, nursery, guest room, dual offices, creative studio, or the rare ability to work from home without sacrificing your living space. Consider supersizing the living space by opening up the third bedroom! Oversized windows and expansive principal rooms make this feel far closer to a house than a typical condo. And then there's the storage. A rare direct private entrance to your own oversized single-room locker creates the kind of everyday utility condo buyers almost never get - bikes, strollers, seasonal gear, workshop space... it functions more like a secure garage extension. Parking included. Located along the evolving St. Clair corridor between The Junction and Corso Italia, with cafés, bakeries, parks, schools, recreation, streetcar access, and the future benefits of rapid transit all nearby. The space of a home > The convenience of a condo > And value that becomes harder to ignore the moment you compare it.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,540.51/mo

Includes CMHC insurance ($24,692)

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5-yr fixed avg.

Principal: $796,500Interest: $540,961
Mortgage Amount$821,192
Total Interest$540,961
Est. Property Tax$627/mo
Total Cost$1,362,153

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: Keelesdale / Eglinton West

Discover Keelesdale / Eglinton West

Keelesdale / Eglinton West 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 Keelesdale / Eglinton West

  • Convenient location in Keelesdale / Eglinton West
  • 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

Keelesdale / Eglinton West 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

385 Osler Street Unit 502, Keelesdale / Eglinton West

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$627
Insurance (est.)-$184
Net Cash Flow+$1,299

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

Fair Market Value

At $885/sqft, this property is priced in line with current Keelesdale 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 19 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.

Investment Perspective

Looking at this as an investment: Keelesdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,688 (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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    385 Osler Street Unit 502, Keel… — $885,000 | Battaglia Team