$577,800

For saleJust listed

#715 1401 O'Connor Drive, Toronto (O'Connor-Parkview) - Single Family for Sale

#715 1401 O'Connor Drive, Toronto (O'Connor-Parkview), Ontario, M4B2V5

2 beds2 baths2 parking650 ft²$860/mo condo feeListed 7 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $577,800 asking price sits right in line with the $577,800 median in Toronto. It has been on the market 7 days, fresher than the Toronto average of 48 days.

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Description

WELCOME TO THE LANES-RESIDENCES AT O'CONNOR BOWL! Discover Suite 715 at 1401 O'Connor Drive, offering a rare combination: 2 bedrooms, 2 bathrooms, 2 parking spaces, and 2 lockers, plus access to a shared rooftop patio with barbecues, loungers, and panoramic views of the CN Tower and Toronto skyline! Bright and thoughtfully designed, this suite features a split-bedroom layout for added privacy. The modern kitchen, with quartz countertops and stainless steel appliances, opens to the living and dining area, perfect for everyday living and entertaining. Step outside to your approx. 343 sq. ft. private terrace, extending along the length of the suite, and take in the southeast views. Whether you're enjoying your morning coffee, dining outdoors, or gathering with family and friends, this outdoor space is yours to enjoy. Additional amenities include a fitness centre, party room and guest suites. With TTC nearby and convenient access to the Danforth, shopping, and restaurants, this suite offers the space and lifestyle you've been looking for. High-speed internet and cable TV are included in the maintenance fees. (id:66096)

Property Details

MLS®: E14126448
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $860/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,948.48/yr
Listed: 7 days ago

Rooms

Main level

Foyer: 3.07 x 1.52 meters
Living room: 3.3 x 3.05 meters
Dining room: 3.33 x 2.84 meters
Kitchen: 3.33 x 2.84 meters
Primary Bedroom: 3.05 x 2.9 meters
Bedroom 2: 2.74 x 2.44 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Flooring: Laminate
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (O'Connor-Parkview) listings, avg age

48d

Price / ft²

$890

List price

$578K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (O'Connor-Parkview) has been listed for 7 days, which is 41 days fresher than the city average of 48. Act while there is still low competition.

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Listed by SUTTON GROUP-HERITAGE REALTY INC. · ANGELO D. PUCCI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4B)

This home lists at $577,800, about 7.4× the local median household income of $78,000.

Carrying it typically needs a household income of about $112,865 (20% down, 25-yr amortization, stress-tested) — roughly 45% above the area median.

Median household income: $78,000
Population: 18,612
Median age: 43.2
Owner / renter: 48% / 52%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4B)

$577,800· $890/ft²

For sale

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Full Cost Breakdown

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Down Payment5.67% · $32,780.00

Min 5.67%50%

Mortgage payment$3,022/mo

↳ CMHC premium ($21,801 capitalized)

Property tax (est.)$246/mo

Condo fee$860/mo

Total monthly$4,127

Cash Needed to Close

Down payment (5.67%)$32,780

Land transfer tax$16,062

Est. closing costs$4,233

Total cash needed$53,075

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