$848,500 - 5 Soudan Avenue Unit 707, Leaside
Condo for Sale in Leaside
New — Listed 3 days agoNeighbourhood: Mount Pleasant West
- MLS Number
- C13515570
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Leaside / Davisville
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Experience sophisticated Midtown living at the iconic Art Shoppe Condos & Lofts, home to Toronto's only residential lobby designed by legendary fashion icon Karl Lagerfeld. Perfectly positioned in the heart of vibrant Yonge & Eglinton, this beautifully appointed 2+1 bedroom, 2 full bathroom suite offers aprox 848 sqft of thoughtfully designed living space plus an east-facing balcony, perfect for taking in breathtaking sunrises & warm summer mornings. Designed for modern living, this sun-filled residence features soaring 9-ft ceilings, floor-to-ceiling windows, unobstructed eastern views & auto electric blinds that add style & everyday convenience. The open-concept layout flows effortlessly from the living and dining areas into the contemporary kitchen, creating the ideal space for entertaining. The sleek kitchen showcases integrated European appliances including a built-in fridge/freezer, cooktop, oven, dishwasher, range hood and bar fridge, complemented by a custom built-in pull-out dining table that maximizes both function and design. The spacious primary retreat comfortably fits a king-size bed and features two custom built-in closets plus a luxurious 4-piece ensuite. The generous 2nd bedroom, enclosed by modern sliding doors, also accommodates a king-size bed & includes a custom built-in closet, while the separate den offers endless flexibility as a private office, nursery or dressing room. Complete with one electrified parking space and one locker conveniently located on the same floor. Residents enjoy exceptional amenities including an outdoor heated pool, hot tub, BBQ terraces, fitness centre, yoga studio, sauna, wine lounge, theatre room, games lounge, party room, guest suites, visitor parking, bike storage and children's playroom. Enjoy luxury living in one of Midtown Toronto's most sought-after addresses, just steps to the TTC, future Eglinton Crosstown LRT, restaurants, cafés, shopping, entertainment and everything Yonge & Eglinton has to offer.
Estimate your monthly payments for this property
Estimated Payment
$4,353.24/mo
Includes CMHC insurance ($23,673)
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.
5 Soudan Avenue Unit 707, Leaside / Davisville
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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 $1061/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 800 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.
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.