$689,000 - 88 Broadway Avenue Unit 2005, Leaside
Condo for Sale in Leaside
New — Listed 2 days ago- MLS Number
- C13231062
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Leaside / Davisville
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Above the energy of Yonge & Eglinton, discover a quiet, light-filled penthouse retreat where soaring ceilings, expansive windows, and peaceful skyline views create an immediate sense of calm from the moment you arrive.Freshly painted and impeccably maintained, this bright corner residence offers nearly 1,000 sq. ft. of thoughtfully designed living space with 10-foot smooth ceilings, hardwood floors, crown moulding, and a coveted northwest exposure that fills the home with natural light throughout the day. As evening falls, the space takes on a different kind of beauty, with sparkling city lights and vibrant twilight skies providing the perfect backdrop for relaxing at home or entertaining guests.The open-concept living and dining area is enhanced by custom built-in cabinetry and a beautifully integrated California Closets Murphy bed, creating the flexibility of a third bedroom, guest suite, or home office while maintaining a seamless and sophisticated aesthetic. When tucked away, the space transforms effortlessly back into an elegant extension of the living area.The spacious primary suite features a walk-in closet and private ensuite bath, while the second bedroom offers comfortable accommodations for family, guests, or remote work. Complete with one parking space and two lockers, this home offers exceptional functionality without compromising style.Residents enjoy premium amenities including 24-hour concierge service, an indoor pool, fitness centre, party room, and landscaped terrace with BBQs. Just steps to the Yonge & Eglinton subway, Eglinton Crosstown LRT, cafés, restaurants, shopping, and top-ranked schools including North Toronto Collegiate Institute, Eglinton Junior Public School, and Hodgson Middle School.Quiet, bright, and exceptionally versatile, Penthouse 5 offers the comfort of a 3-bedroom layout with the convenience and excitement of Midtown living.
Estimate your monthly payments for this property
Estimated Payment
$3,534.93/mo
Includes CMHC insurance ($19,223)
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.
88 Broadway Avenue Unit 2005, 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
Competitive Pricing
At $766/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 Leaside'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 900 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.
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: Leaside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,871 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.