5 Lakeview Avenue Unit 416, Toronto C01

Price: $443,990

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13431892

Brand-new and never occupied, this thoughtfully designed 1-bedroom suite at The Twelve Hundred offers approximately 400 sq. ft. of stylish interior living space plus an impressive 88 sq. ft. private balcony with stunning views of the city skyline. The bright, open-concept layout maximizes every square foot, featuring expansive windows that flood the home with natural light. The contemporary kitchen is equipped with integrated appliances, sleek cabinetry, and modern finishes, creating a clean and functional space for everyday living. The comfortable bedroom includes generous closet storage, while the elegant bathroom showcases a refined, modern design. Step outside to your oversized private balcony-an ideal extension of the living space, perfect for morning coffee, relaxing outdoors, or taking in the vibrant city views. Located in the heart of Trinity-Bellwoods, steps from Ossington's renowned restaurants, cafés, shops, nightlife, and transit, this is an exceptional opportunity to own in one of Toronto's most sought-after neighbourhoods.

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New Listing
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$443,990 - 5 Lakeview Avenue Unit 416, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 2 days ago
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13431892
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX EXCEL TITAN
Description

Brand-new and never occupied, this thoughtfully designed 1-bedroom suite at The Twelve Hundred offers approximately 400 sq. ft. of stylish interior living space plus an impressive 88 sq. ft. private balcony with stunning views of the city skyline. The bright, open-concept layout maximizes every square foot, featuring expansive windows that flood the home with natural light. The contemporary kitchen is equipped with integrated appliances, sleek cabinetry, and modern finishes, creating a clean and functional space for everyday living. The comfortable bedroom includes generous closet storage, while the elegant bathroom showcases a refined, modern design. Step outside to your oversized private balcony-an ideal extension of the living space, perfect for morning coffee, relaxing outdoors, or taking in the vibrant city views. Located in the heart of Trinity-Bellwoods, steps from Ossington's renowned restaurants, cafés, shops, nightlife, and transit, this is an exceptional opportunity to own in one of Toronto's most sought-after neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,277.90/mo

Includes CMHC insurance ($12,387)

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5-yr fixed avg.

Principal: $399,591Interest: $271,391
Mortgage Amount$411,978
Total Interest$271,391
Est. Property Tax$314/mo
Total Cost$683,370

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: Downtown Toronto / Waterfront

Discover Downtown Toronto / Waterfront

Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront

  • Convenient location in Downtown Toronto / Waterfront
  • 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

Downtown Toronto / Waterfront 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

5 Lakeview Avenue Unit 416, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$314
Insurance (est.)-$92
Net Cash Flow+$979

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

Just Listed - Act Strategically

This property hit the market within the last week. In Downtown Toronto'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.

Efficient Living

At 0 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.

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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    5 Lakeview Avenue Unit 416, Dow… — $443,990 | Battaglia Team