611-5 Lakeview Avenue, Toronto, ON
Trinity-Bellwoods, Toronto · MLS® C13835500
About this home
In short
- North-Facing Unit with Stunning CN Tower Views.
- Discover this brand-new, never-lived-in 3-bedroom, 2-bathroom residence in one of Toronto's most vibrant and sought-after communities, Trinity-Bellwoods.
- This thoughtfully designed 768 sq ft unit features a spacious, open-concept layout with bright living and dining areas that walk out to a huge private 185 sq ft...
- The spacious primary bedroom features direct access to the terrace and a private 3-piece ensuite bathroom.
- Includes 1 parking space. Eligible for New Home HST Rebate; net price after rebate, if eligible, is $764,592.92
North-Facing Unit with Stunning CN Tower Views! Discover this brand-new, never-lived-in 3-bedroom, 2-bathroom residence in one of Toronto's most vibrant and sought-after communities, Trinity-Bellwoods. This thoughtfully designed 768 sq ft unit features a spacious, open-concept layout with bright living and dining areas that walk out to a huge private 185 sq ft terrace showcasing spectacular CN Tower and city views. The modern kitchen is fully equipped with built-in appliances, sleek finishes, and functional design, while the in-suite washer and dryer provide added convenience. The spacious primary bedroom features direct access to the terrace and a private 3-piece ensuite bathroom. Two additional bedrooms offer flexibility for family, guests, or a home office. Located just steps from Ossington Avenue, TTC transit, boutique shops, cafes, bars, and some of Toronto's best restaurants. Residents at The Twelve Hundred enjoy premium amenities including a fitness centre, coworking space, virtual concierge, bike storage, party room, and rooftop terrace with panoramic city views. Includes 1 parking space. **Eligible for New Home HST Rebate; net price after rebate, if eligible, is $764,592.92**
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13835500
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 700-799 sq ft
- Cross streets
- Dundas St W / Ossington Ave
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $641/mo
- Exposure
- North
- Days on market
- 21
- Listing brokerage
- RE/MAX EXCEL TITAN
Rooms
b/i closet · window
4 Pc Bath
w/o to terrace · b/i closet · 3 pc ensuite
w/o to terrace · open concept
b/i appliances · open concept
B/I Closet
Listed at $839,990, which is right in line with comparable homes.
Total price vs nearby homes. Fair value about $880K, median of 14 comparables.
The market behind the math:
About 3 months of inventory: 5 condo apartment homes for sale in the area against 5 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,121/sqft against an area asking average of $1,278/sqft.
How this estimate is builtthe short version
I take the 14 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Ossington/Old Orchard Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Trinity-Bellwoods, so I widened the search to the surrounding area.
Based on 14 comparable homes that sold in Trinity-Bellwoods over the past two years, from 53 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $880K, which is where my estimate comes from.
Per square foot, these ask about $1,561/sqft; this home lists at $1,121/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $589K | 1052 |
| November 2025 | $569K | 834 |
| December 2025 | $545K | 659 |
| January 2026 | $565K | 593 |
| February 2026 | $575K | 722 |
| March 2026 | $565K | 974 |
| April 2026 | $565K | 1042 |
| May 2026 | $560K | 1011 |
| June 2026 | $558K | 1120 |
| July 2026 | $560K | 1030 |
| August 2026 | $548K | 882 |
| September 2026 | $540K | 885 |
Neighbourhood & location
Trinity-Bellwoods, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $671,992 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,716
- Estimated property tax
- $525
- Condo / maintenance fees
- $641
- Heating
- $0
- Estimated monthly cost
- $4,882
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,275
- Toronto municipal land transfer tax
- $13,275
- Estimated closing costs
- $26,550
Plus your down payment of $167,998. 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
- $222,934
- Principal paid down
- $82,105
- Interest paid
- $140,829
- Balance remaining
- $589,887
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 RE/MAX EXCEL TITAN. MLS®/PropTx.