109 Erskine Avenue Unit 511, Toronto C10

Price: $1,499,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13464230

AKRA by Curated Properties offers a peaceful haven amid the energy of the city. From the moment you enter, a sense of calm sets in, enhanced by interiors by renowned Chapi Chapo Design and a custom lobby lighting system that shifts throughout the day to support a healthy circadian rhythm. Ideally located in the vibrant Yonge & Eglinton neighbourhood, AKRA blends convenience, culture, and connection. Step into this thoughtfully crafted 3-bedroom, 2-bath residence offering 1,168 sq. ft. of bright, functional living space, complemented by a 108 sq. ft. balcony. The kitchen showcases built in integrated appliances, quartz countertops, designer hardware, concealed hinges, and soft-close drawers, all set against engineered hardwood flooring throughout. Spacious bedrooms feature large windows and closet space, while the primary suite stands out with a walk-in closet and a stylish 3-piece ensuite. A beautifully balanced home in a standout midtown community.

109 Erskine Avenue Unit 511 - Condo photo 1 of 9 in Leaside / Davisville, Ontario
109 Erskine Avenue Unit 511 - Condo photo 2 of 9 in Leaside / Davisville, Ontario
109 Erskine Avenue Unit 511 - Condo photo 3 of 9 in Leaside / Davisville, Ontario
109 Erskine Avenue Unit 511 - Condo photo 4 of 9 in Leaside / Davisville, Ontario
109 Erskine Avenue Unit 511 - Condo photo 5 of 9 in Leaside / Davisville, Ontario
109 Erskine Avenue Unit 511 - Condo photo 6 of 9 in Leaside / Davisville, Ontario
109 Erskine Avenue Unit 511 - Condo photo 7 of 9 in Leaside / Davisville, Ontario
109 Erskine Avenue Unit 511 - Condo photo 8 of 9 in Leaside / Davisville, Ontario
109 Erskine Avenue Unit 511 - Condo photo 9 of 9 in Leaside / Davisville, Ontario
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$1,499,900 - 109 Erskine Avenue Unit 511, Leaside

Condo for Sale in Leaside

Neighbourhood: Mount Pleasant West

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C13464230
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Leaside / Davisville
Locker
None
Exposure
North South
Balcony
Open
Listing Brokerage
SAGE REAL ESTATE LIMITED
Description

AKRA by Curated Properties offers a peaceful haven amid the energy of the city. From the moment you enter, a sense of calm sets in, enhanced by interiors by renowned Chapi Chapo Design and a custom lobby lighting system that shifts throughout the day to support a healthy circadian rhythm. Ideally located in the vibrant Yonge & Eglinton neighbourhood, AKRA blends convenience, culture, and connection. Step into this thoughtfully crafted 3-bedroom, 2-bath residence offering 1,168 sq. ft. of bright, functional living space, complemented by a 108 sq. ft. balcony. The kitchen showcases built in integrated appliances, quartz countertops, designer hardware, concealed hinges, and soft-close drawers, all set against engineered hardwood flooring throughout. Spacious bedrooms feature large windows and closet space, while the primary suite stands out with a walk-in closet and a stylish 3-piece ensuite. A beautifully balanced home in a standout midtown community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,634.56/mo

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5-yr fixed avg.

Principal: $1,199,920Interest: $790,449
Mortgage Amount$1,199,920
Total Interest$790,449
Est. Property Tax$1,062/mo
Total Cost$1,990,369

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: Mount Pleasant West

Discover Mount Pleasant West

Mount Pleasant West 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 Mount Pleasant West

  • 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

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

Mount Pleasant West 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

109 Erskine Avenue Unit 511, Leaside / Davisville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$736

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 $1500/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.

Market Position

At 19 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.

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.

About Mount Pleasant West

I know Mount Pleasant West 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: Leaside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    109 Erskine Avenue Unit 511 | $1,499,900 | Battaglia Team