$515,000 - 127 Broadway Avenue Unit 1611, Leaside
Condo for Sale in Leaside
New — Listed 4 days agoNeighbourhood: Mount Pleasant West
- MLS Number
- C13517476
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Leaside / Davisville
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Location! Location! Welcome to Line 5 Condos, one of Midtown Toronto's most exciting new addresses in the heart of Yonge & Eglinton. This bright and thoughtfully designed 1-bedroom suite offers an exceptional opportunity for first-time home buyers, young professionals, couples, investors, or anyone seeking a stylish urban home with the flexibility to work from home. Featuring an efficient open-concept layout with 9-foot ceilings, premium integrated and high-quality appliances, and floor-to-ceiling windows, this 475 sq.ft. suite is filled with natural light and offers a modern, airy feel throughout. Step onto your private 84 sq.ft. balcony and enjoy beautiful panoramic city views - the perfect spot for your morning coffee or evening unwind. The functional layout maximizes every square foot, creating a comfortable space for everyday living, entertaining, or working remotely. The spacious bedroom offers ample closet space, while the convenience of in-suite laundry makes city living effortless. Perfectly situated just steps from the Yonge & Eglinton Subway Station and the future Eglinton Crosstown LRT, you'll enjoy unparalleled access to downtown Toronto, major employment hubs, trendy restaurants, cafes, shopping, parks, and entertainment. Residents of Line 5 enjoy an exceptional collection of resort-inspired amenities, including: Ground Floor: 24-Hour Concierge, Pet Spa, Fitness Centre, Yoga Studio, Steam Room & Sauna.7th Floor: Art studio, Outdoor Theatre, Party Room & BBQ Area.9th Floor: Outdoor Pool, Tanning Deck, Outdoor Games Lounge, Shared Work Space, Library &Demonstration Kitchen. Whether you're purchasing your first home, searching for the ideal work-from-home space, seeking a turnkey pied-a-terre, or adding a prime Midtown property to your investment portfolio, this stunning suite offers the perfect blend of comfort, convenience, and life style in one of Toronto's most sought-after neighbourhoods. Don't miss this opportunity to own at Line 5 Condos!
Estimate your monthly payments for this property
Estimated Payment
$2,642.22/mo
Includes CMHC insurance ($14,369)
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 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
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.
127 Broadway Avenue Unit 1611, Leaside / Davisville
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Rental income estimator & ROI calculator
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
Fair Market Value
At $1030/sqft, this property is priced in line with current Leaside market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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 500 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 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 $2,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.