1 Lockwood Road, Toronto E02

Price: $799,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: E13843322

Welcome to this super charming 2-bedroom brick starter home in the heart of The Beaches Triangle! Ideally suited for first-time buyers, downsizers or anyone looking for a low-maintenance home in one of Toronto's most sought-after neighbourhoods. The inviting open-concept main floor offers a comfortable living and dining area, with hardwood flooring throughout much of the home and pot lights adding a modern touch. An updated staircase and railing system allows natural light to flow beautifully through the home. Upstairs, the spacious primary bedroom is complemented by an updated bathroom. The finished basement provides a versatile bonus room, perfect for a home office, guest room, gym or additional living space. Step outside to your private backyard deck - a great spot for morning coffee, entertaining or simply enjoying the mature trees and landscaping. Shingled roofs are newer. A low-maintenance property that offers plenty of opportunity to move in, enjoy and customize over time and the location is hard to beat! Just moments from the sandy shores of Lake Ontario, Woodbine Beach and the iconic boardwalk. Queen Street East is at your footstep, offering an excellent selection of cafés, restaurants, boutique shops and everyday amenities. Enjoy nearby parks, trails and recreational spaces, catch a festival in The Beaches, take in a concert at HISTORY, or head down to the boardwalk for an evening stroll - it's all right at your doorstep. Move in, enjoy the lifestyle and customize the home to your liking over time! 92 Bike Score | 89 Transit Score | 88 Walk Score. *** In regards to parking: The Sellers have parked a car at the rear of the house since 1987 without issue but the parking spot may not be a legal parking spot that conforms with municipal bylaws. The curb is cut to accommodate***

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active
New Listing

$799,000 - 1 Lockwood Road, The Beaches

Semi-Detached for Sale in The Beaches

New — Listed 7 days ago

Neighbourhood: The Beaches

2Beds
1Baths
700 - 1,099Sq Ft
Semi-Detached

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Property Details
MLS Number
E13843322
Property Type
Semi-Detached
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
The Beaches / Upper Beaches
Taxes (2025)
$3,763
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to this super charming 2-bedroom brick starter home in the heart of The Beaches Triangle! Ideally suited for first-time buyers, downsizers or anyone looking for a low-maintenance home in one of Toronto's most sought-after neighbourhoods. The inviting open-concept main floor offers a comfortable living and dining area, with hardwood flooring throughout much of the home and pot lights adding a modern touch. An updated staircase and railing system allows natural light to flow beautifully through the home. Upstairs, the spacious primary bedroom is complemented by an updated bathroom. The finished basement provides a versatile bonus room, perfect for a home office, guest room, gym or additional living space. Step outside to your private backyard deck - a great spot for morning coffee, entertaining or simply enjoying the mature trees and landscaping. Shingled roofs are newer. A low-maintenance property that offers plenty of opportunity to move in, enjoy and customize over time and the location is hard to beat! Just moments from the sandy shores of Lake Ontario, Woodbine Beach and the iconic boardwalk. Queen Street East is at your footstep, offering an excellent selection of cafés, restaurants, boutique shops and everyday amenities. Enjoy nearby parks, trails and recreational spaces, catch a festival in The Beaches, take in a concert at HISTORY, or head down to the boardwalk for an evening stroll - it's all right at your doorstep. Move in, enjoy the lifestyle and customize the home to your liking over time! 92 Bike Score | 89 Transit Score | 88 Walk Score. *** In regards to parking: The Sellers have parked a car at the rear of the house since 1987 without issue but the parking spot may not be a legal parking spot that conforms with municipal bylaws. The curb is cut to accommodate***

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Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

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5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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: The Beaches

Discover The Beaches

The Beaches 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 The Beaches

  • •Convenient location in The Beaches / Upper Beaches
  • •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

The Beaches 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

1 Lockwood Road, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,668

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

Premium Pricing

At $1141/sqft, this property is priced above the The Beaches 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.

Just Listed - Act Strategically

This property hit the market within the last week. In The Beaches'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.

Detached Home Advantages

Detached homes in The Beaches are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

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.

About The Beaches

I know The Beaches well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1 Lockwood Road | $799,000 | Battaglia Team