$359,990 - 5 Lakeview Avenue Unit 709, Downtown Toronto
Condo for Sale in Downtown Toronto
- MLS Number
- C13171324
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- 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
Experience modern downtown living at The Twelve Hundred in the heart of Trinity-Bellwoods. This brand new, never-occupied 1-bedroom, 1-bathroom suite offers a stylish and functional layout in one of Toronto's most desirable neighbourhoods. Enjoy stunning east-facing CN Tower views from your private balcony, while oversized windows fill the suite with natural sunlight throughout the day. The thoughtfully designed open-concept living space easily accommodates comfortable everyday living and entertaining, complete with a spacious living area and seamless walk-out to the balcony. The contemporary kitchen features built-in appliances, sleek cabinetry, and modern finishes, blending style and functionality. The generously sized bedroom includes a built-in closet, while the elegant 4-piece bathroom offers a clean, sophisticated design. Located steps from Ossington Avenue, residents are surrounded by Toronto's best cafés, boutique shopping, nightlife, TTC access, and some of the city's top-rated restaurants and entertainment destinations. Residents of The Twelve Hundred enjoy premium amenities including: a fully equipped fitness centre, a rooftop terrace with breathtaking city views, a coworking space, a party and entertainment lounge, virtual concierge services, and an exceptional opportunity to own a move-in-ready suite in one of Toronto's most vibrant urban communities.
Estimate your monthly payments for this property
Estimated Payment
$1,846.94/mo
Includes CMHC insurance ($10,044)
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 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
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.
5 Lakeview Avenue Unit 709, Downtown Toronto / Waterfront
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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
Market Position
At 21 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.
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.