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New Construction for Sale in Leaside
134 days on marketNeighbourhood: Mount Pleasant East
- MLS Number
- C12813174
- Property Type
- New Construction
- Status
- active
- Days on Site
- 134
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Leaside / Davisville
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
This exceptional two-storey penthouse residence spans over 2,100 square feet of refined interior space, complemented by an 874 square foot terrace that captures sweeping skyline views. Nestled high above the city with direct elevator access, this is a home that offers complete privacy, quiet luxury, and a sense of arrival that's impossible to replicate. The main floor is thoughtfully planned with expansive principal rooms, a seamless flow between kitchen, dining and living areas, and floor-to-ceiling windows that fill the space with natural light throughout the day. A beautifully scaled terrace extends the living space outward, providing the ideal setting for al fresco dining, weekend gatherings, or peaceful solitude above the hum of the city. The upper level features a private primary retreat with a walk-in wardrobe and spa-inspired ensuite, along with two additional bedrooms that offer flexibility for family, guests, or working from home. From every angle, this penthouse delivers understated elegance and exceptional functionality the kind of home that rarely comes to market, and once experienced, is hard to forget. Opportunities like this are few and far between.
Estimate your monthly payments for this property
Estimated Payment
$19,750.20/mo
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 East
Mount Pleasant East 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 East
- •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 East 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.
1414 Bayview Avenue Unit PH 03, 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
Premium Pricing
At $2233/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.
Negotiation Opportunity
At 134 days on site, this property has exceeded the typical selling timeline for Leaside. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Mount Pleasant East
I know Mount Pleasant East 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 $18,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.