$785,000 - 5 Soudan Avenue Unit 707, Leaside
Condo for Sale in Leaside
36 days on marketNeighbourhood: Mount Pleasant West
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- MLS Number
- C13733390
- Property Type
- Condo
- Status
- active
- Days on Site
- 36
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Leaside / Davisville
- Taxes (2025)
- $4,004
- Maintenance Fees
- $836/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to elevated urban living in the heart of Yonge & Eglinton. This impressive 2+1 bedroom, 2 bathroom residence at the iconic Art Shoppe Condos & Lofts offers 801 sq. ft. of beautifully designed interior living space + a 47 sq. ft. east-facing balcony, for a total of 848 sq. ft., plus parking & locker. Bright, spacious & exceptionally functional, the suite features 9-ft ceilings, floor-to-ceiling windows, unobstructed eastern views & automatic electric blinds. The open-concept living & dining areas are filled with natural light & flow seamlessly into a sleek contemporary kitchen featuring integrated European appliances, built-in fridge/freezer, cooktop, oven, dishwasher, range hood, bar fridge & an ingenious custom pull-out dining table. The generous primary bedroom easily accommodates a king-size bed & offers two custom built-in closets plus a private 4-piece ensuite. The spacious 2nd bedroom features modern sliding doors, comfortably fits a king-size bed & includes its own custom built-in closet. A separate den provides valuable additional space for a home office, nursery, dressing room or creative studio. Step outside onto the east-facing balcony for open views, beautiful sunrises & quiet mornings above the city. Includes one electrified parking space plus a locker conveniently located on the same floor. Art Shoppe is one of Midtown's most distinctive addresses, featuring Toronto's only residential lobby designed by legendary fashion icon Karl Lagerfeld & an outstanding collection of amenities including an outdoor heated pool, hot tub, BBQ terraces, fitness centre, yoga studio, sauna, wine lounge, theatre, games lounge, party room, guest suites, visitor parking, bike storage & children's playroom. Steps to TTC, Eglinton Crosstown LRT, restaurants, cafés, shopping & entertainment. Sophisticated Midtown living with space, style & convenience in one exceptional package.
Estimate your monthly payments for this property
Estimated Payment
$4,027.46/mo
Includes CMHC insurance ($21,902)
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 $981/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.
Market Position
At 36 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. The $836/month fees should cover building insurance, common elements, and reserve contributions.
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.