$689,000 - 7 Broadway Avenue Unit 506, Leaside
Condo for Sale in Leaside
New — Listed 5 days agoNeighbourhood: Mount Pleasant West
- MLS Number
- C13504498
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Leaside / Davisville
- Locker
- Exclusive
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
This is where location meets an amazing layout with outstanding value! Welcome to suite 506 at 7 Broadway Ave, offering over 1,000 sq.ft. of beautifully renovated living space combining the comfort of a spacious floor plan with the convenience of boutique condo living in the heart of Yonge & Eglinton. Fully renovated in 2020, this impressive 2-bedroom, 2-bathroom residence is designed for effortless everyday living and entertaining. Natural light pours through expansive floor-to-ceiling, wall-to-wall west-facing windows, illuminating the open-concept living and dining areas, and highlighting the engineered hardwood flooring found throughout the suite. The sizeable, modern kitchen features quartz counters, stainless steel appliances, generous workspace, and ample storage with the thoughtful two-tone cabinetry. The oversized primary bedroom easily accommodates a king-sized bed plus a sitting area, and features premium Elte broadloom, a walk-in closet with custom organizers, and a spa-inspired 3-piece ensuite. The spacious second bedroom offers a large double closet with more custom organizers to optimize space. An updated 4-piece main bathroom provides added comfort and convenience for family and guests. A smart thermostat allows complete control over heating and cooling, while an exclusive-use locker provides that coveted additional storage space. Residents enjoy access to a wide range of amenities including concierge, a fitness centre, meeting area, party room, and rooftop patio - perfect for those upcoming summer BBQs! Just steps from Yonge & Eglinton's vibrant collection of restaurants, cafés, shops, grocery stores, and everyday conveniences, with easy access to transit and neighbourhood parks, this is a rare opportunity to enjoy spacious and stylish living in one of Midtown Toronto's most sought-after communities.
Estimate your monthly payments for this property
Estimated Payment
$3,534.93/mo
Includes CMHC insurance ($19,223)
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.
7 Broadway Avenue Unit 506, 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
Competitive Pricing
At $689/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.
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.
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 $2,871 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.