$839,000 - 5 Soudan Avenue Unit 2004, Leaside
Condo for Sale in Leaside
62 days on market- MLS Number
- C13013916
- Property Type
- Condo
- Status
- active
- Days on Site
- 62
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Leaside / Davisville
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
In a sea of cookie-cutter condos, unit 2004 at Art Shop at Yonge & Eglinton stands out - and is anything but average! This rarely offered corner suite features floor-to-ceiling windows, two private balconies, and unobstructed southeast views, ensuring the unit is bathed in natural light all day long. The two spacious bedrooms each have exterior windows and direct access to an ensuite, providing ultimate privacy and comfort for those who call it home. It's truly one of the best layouts in the building, with a thoughtful design that allows for easy furniture placement in the living room and no wasted space in the kitchen or bedrooms. The beautifully upgraded kitchen boasts high-end appliances, sleek countertops, and an oversized island with seating for four - perfect for entertaining! And the location? Unbeatable! With the subway right across the street, you can be on your way to anywhere in the city in just minutes. Plus, you're just steps from some of the neighbourhoods best spots. Grab a latte at Hale Coffee, indulge at Oretta, or browse stylish home finds at West Elm. Residents enjoy premium amenities, including a gym, 24-hour concierge, an outdoor pool, a rooftop terrace, guest suites, and paid visitor parking ensuring a lifestyle of comfort and convenience.
Estimate your monthly payments for this property
Estimated Payment
$4,304.50/mo
Includes CMHC insurance ($23,408)
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.
5 Soudan Avenue Unit 2004, Leaside / Davisville
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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
Premium Pricing
At $1199/sqft, this property is priced above the Leaside average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 62 days on site, this property has exceeded the typical selling timeline for Leaside. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 700 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.
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 $3,496 (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.