704-5 Lakeview Avenue, Toronto, ON

Trinity-Bellwoods, Toronto · MLS® C14092642

$699,000
For Sale
Just listed todayNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome To This Bright And Beautifully Appointed 2-Bedroom, 2-Bathroom Condo At The Twelve Hundred Building.
  • Offering Approximately 628 Sq.
  • Ft Balcony) Of Thoughtfully Designed Living Space, This Modern Suite Features An Open-Concept Layout, Laminate Flooring Throughout, And An Abundance Of Natural Light.
  • Currently Rented On A Month To Month Basis For $2,950 Plus Utilities.
  • Ideally Situated In Toronto's Vibrant Trinity-Bellwoods Area, Walk To Parks, Cafes, Restaurants, Shops And Public Transit.

Welcome To This Bright And Beautifully Appointed 2-Bedroom, 2-Bathroom Condo At The Twelve Hundred Building. Offering Approximately 628 Sq. Ft (+ 74 Sq. Ft Balcony) Of Thoughtfully Designed Living Space, This Modern Suite Features An Open-Concept Layout, Laminate Flooring Throughout, And An Abundance Of Natural Light. The Upgraded European Style Kitchen Showcases Contemporary Cabinetry, Stone Countertops And Stainless Steel Appliances Making It Both Stylish And Functional. The Spacious Primary Bedroom Offers The Convenience Of A Private 3 Piece Ensuite Bathroom, While Both Bedrooms Provide Generous Closet Space. Enjoy Ensuite Laundry And A Private Balcony With Impressive City And Conservation Views-An Ideal Spot For Morning Coffee Or Evening Relaxation. One Parking Space Is Included. Residents Enjoy An Impressive Selection Of Amenities, Including A Fitness Centre, Lobby Lounge, Party Room, Rooftop Deck Area And Bicycle Storage. Virtual Concierge. High Speed Internet Is Included In The Maintenance Fee. Currently Rented On A Month To Month Basis For $2,950 Plus Utilities. Great Tenants That Are Willing To Stay If Buyer Is Looking For An Investment Unit. Ideally Situated In Toronto's Vibrant Trinity-Bellwoods Area, Walk To Parks, Cafes, Restaurants, Shops And Public Transit. A Wonderful Chance For Those Seeking Contemporary Condo Living In A Dynamic West-End Neighbourhood. Don't Miss This Opportunity!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14092642
Bedrooms
2
Bathrooms
2
Size
600-699 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
$599/mo
Exposure
South
Property tax
$3,967 / 2026
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Rooms

Living RoomMain2.75 × 3.25 m

laminate · w/o to balcony · open concept

Dining RoomMain3.30 × 3.10 m

laminate · combined w/kitchen · open concept

KitchenMain3.30 × 3.10 m

laminate · stone counters · modern kitchen

Primary BedroomMain2.95 × 2.95 m

laminate · 3 pc bath · closet

BedroomMain2.70 × 2.85 m

laminate · closet · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Trinity-Bellwoods · asking prices
$647kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $1,852/sqft; this home lists at $1,076/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
699kThis home479k1.20M610k500k450kThis home vs active comparables

Neighbourhood & location

Trinity-Bellwoods, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Niagara
$724K
Kensington-Chinatown
$585K
Dovercourt-Wallace Emerson-Junction
$640K
Waterfront Communities C1
$610K
Church-Yonge Corridor
$529K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Ossington/Old Orchard Junior Public School
88%
Ossington/Old Orchard Junior Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 88% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Msgr Fraser College (Southwest) · Catholic secondary0.4 km
Givins/Shaw Junior Public School · Public elementary0.5 km · 81% at standard
The Grove Community School · Public elementary0.6 km
Dewson Street Junior Public School · Public elementary0.7 km · 64% at standard
St Ambrose Catholic School · Catholic elementary0.8 km · 85% at standard
Horizon Alternative Senior School · Public elementary0.9 km
Central Toronto Academy · Public secondary0.9 km · 69% at standard
St Francis of Assisi Catholic School · Catholic elementary1.0 km · 80% at standard
Delta Senior Alternative School · Public elementary1.0 km
Montrose Junior Public School · Public elementary1.0 km · 95% at standard
Charles G Fraser Junior Public School · Public elementary1.1 km · 74% at standard
St Helen Catholic School · Catholic elementary1.1 km · 74% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,186/mo
$147KIncome needed
4.8×Price ÷ income
$735Weekly cost
$20,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

77%mortgage
Mortgage $3,186Property tax $331Condo fee $599Total carry $4,115

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,092per month

Mortgage amount $559,200 · 4.49% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$4,021Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,092
Property tax
$331
Condo / maintenance fees
$599
Heating
$0
Estimated monthly cost
$4,021

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,742/monthPayment at the qualifying rate

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

$368,374Total interest paid
$927,574Total of all payments
Principal $559,200 Interest $368,374
YearPrincipalInterestBalance
1$12,479$24,624$546,721
2$13,046$24,057$533,675
3$13,638$23,465$520,038
4$14,257$22,846$505,781
5$14,904$22,199$490,876
6$15,581$21,522$475,295
7$16,289$20,814$459,006
8$17,028$20,075$441,978
9$17,801$19,302$424,177
10$18,610$18,493$405,567
11$19,455$17,648$386,113
12$20,338$16,765$365,775
13$21,261$15,842$344,514
14$22,227$14,876$322,287
15$23,236$13,867$299,051
16$24,291$12,812$274,761
17$25,394$11,709$249,367
18$26,547$10,556$222,820
19$27,752$9,351$195,069
20$29,012$8,091$166,057
21$30,329$6,774$135,727
22$31,706$5,397$104,021
23$33,146$3,957$70,875
24$34,651$2,452$36,224
25$36,224$879$0

At the end of your 5-year term

Total paid over the term
$185,515
Principal paid down
$68,324
Interest paid
$117,191
Balance remaining
$490,876

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.

Let's connect

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.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
1.5%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.5%
Gross yield
− Property tax $3,967− Condo fees $7,187− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,140

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ULTIMATE REALTY INC.. MLS®/PropTx.

CallRequest a showing