409-5 Lakeview (Short Term) Avenue, Toronto, ON
Trinity-Bellwoods, Toronto · MLS® C13497134
About this home
Say hello to The Twelve Hundred where boutique living meets downtown energy. This fully furnished 2-bedroom, 2-bathroom stunner comes with everything you need, right down to the kitchenware. Just move in and start living. Steps from the citys trendiest strips Dundas West, Ossington, and West Queen West and enjoy instant access to Toronto's best dining, shopping, and nightlife. Craving green space? Trinity Bellwoods Park is just around the corner.The suite has been fully upgraded from top to bottom sleek floors, stylish wall coverings, and modern finishes throughout. Building perks are next level. Hit the gym, run a meeting in the private boardrooms, cozy up by the fireplace with a drink at the wet bar, or host unforgettable nights in the rooftop indoor party lounge.Parking available for an additional $300/month. SHORT TERM.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13497134
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 600-699
- Cross streets
- Dundas Ave W & Ossington
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Exposure
- North
- Days on market
- 25
- Listing brokerage
- INTERNATIONAL REALTY FIRM, INC.
Rooms
large window · closet · 3 pc ensuite
open concept · combined w/kitchen
laminate · open concept · w/o to balcony
combined w/dining · b/i appliances · laminate
closet · sliding doors · laminate
Listed at $3,895/mo, this rental is about 28% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.
In Trinity-Bellwoods lately, landlords have been getting about 100% of asking and homes lease in about 14 days. Rents are down 19% versus a year ago.
Based on 72 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 72 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, leased for $2,800/mo
- Bedrooms +$150/mo
- Bathrooms +$100/mo
- Adjusts to $3,050/mo
That comparable adjusts to $3,050/mo; the $3,041/mo estimate above is the median of all 72 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.
Total price vs nearby homes. Fair value about $3,041/mo, median of 72 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesOn the market now.
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Trinity-Bellwoods, Toronto, ON
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $3,116 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $19
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19
- Toronto municipal land transfer tax
- $19
- Estimated closing costs
- $39
Plus your down payment of $779. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $998
- Principal paid down
- $397
- Interest paid
- $601
- Balance remaining
- $2,719
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of INTERNATIONAL REALTY FIRM, INC.. MLS®/PropTx.