150 Neptune Drive Unit 801, Toronto C04

Price: $485,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13482724

Welcome to Unit 801! A rare opportunity to own this spacious 1,320 sq. ft. three-bedroom condominium in a highly desirable central location. Enjoy an abundance of natural light through large windows and take in stunning views of the CN Tower from two southwest-facing balconies. This well-maintained unit has been recently painted and features new light fixtures, offering afresh and modern feel. Residents enjoy excellent building amenities. Conveniently located close to public transit, restaurants, shopping, and Yorkdale Mall, this home combines comfort, space, and accessibility. Water and heat are included in the maintenance fees, adding even more value. Don't miss this exceptional opportunity to own a bright, spacious home with spectacular views in a prime location. Including tennis courts, outdoor pool, playground, sauna, exercise room, party room

150 Neptune Drive Unit 801 - Condo photo 1 of 32 in Lawrence Park / Bedford Park, Ontario
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$485,900 - 150 Neptune Drive Unit 801, Lawrence Park

Condo for Sale in Lawrence Park

Popular Listing

Neighbourhood: Englemount-Lawrence

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13482724
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Lawrence Park / Bedford Park
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Welcome to Unit 801! A rare opportunity to own this spacious 1,320 sq. ft. three-bedroom condominium in a highly desirable central location. Enjoy an abundance of natural light through large windows and take in stunning views of the CN Tower from two southwest-facing balconies. This well-maintained unit has been recently painted and features new light fixtures, offering afresh and modern feel. Residents enjoy excellent building amenities. Conveniently located close to public transit, restaurants, shopping, and Yorkdale Mall, this home combines comfort, space, and accessibility. Water and heat are included in the maintenance fees, adding even more value. Don't miss this exceptional opportunity to own a bright, spacious home with spectacular views in a prime location. Including tennis courts, outdoor pool, playground, sauna, exercise room, party room

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,492.92/mo

Includes CMHC insurance ($13,557)

$
$
5%10%50%

5-yr fixed avg.

Principal: $437,310Interest: $297,009
Mortgage Amount$450,867
Total Interest$297,009
Est. Property Tax$344/mo
Total Cost$747,876

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.

Ready to get pre-approved?

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Neighbourhood Guide: Englemount-Lawrence

Discover Englemount-Lawrence

Englemount-Lawrence 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 Englemount-Lawrence

  • Convenient location in Lawrence Park / Bedford Park
  • 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

Englemount-Lawrence 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

150 Neptune Drive Unit 801, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$344
Insurance (est.)-$101
Net Cash Flow+$1,695

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

Competitive Pricing

At $405/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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 Englemount-Lawrence

I know Englemount-Lawrence 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    150 Neptune Drive Unit 801 | $485,900 | Battaglia Team