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Listed 8 days ago

217 - 1401 O'Connor Drive

O'Connor-Parkview, Toronto

$484,999

Condo Apartment |
2 | 2 | 1 | 1
About this home

Spacious and bright 2 bedroom, 2 bathroom condo in The Lanes, offering over 650 sqft of thoughtfully designed living space. Features include full size appliances, one parking space and one locker. The den has been enclosed and can be used as a second bedroom, office, or additional living space, with condo board approval. Enjoy an impressive selection of building amenities, including a large party room, resident lounge, yoga room, gym, and a beautifully maintained rooftop terrace with BBQs. Conveniently located close to schools, restaurants, shopping, and everyday amenities, with easy access to major highways and TTC service right at your doorstep. A fantastic opportunity for first time home buyers!

Extras

No extras listed.

Visit this home

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No upcoming open houses.

Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$763
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,526
mls© NumberE13608258
Listed ByUNION REALTY BROKERAGE INC.
Heat Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,482
Property tax
$211
Heat allowance
$150
Condo fees, half counted
$382
Housing costs
$3,224 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $97,000
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,041 / mo
Cash down
$97,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

Nearby listings

Comparable sales

  • No similar listings found.