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    516 - 1401 O'Connor Dr

    $574,9001 bd2 ba1 pk652 sqft
    4 Days on Strata
    Est Sell Timeframe:
    18 Days
    $574,900
    Price Increase: $569,000
    1 Bed + 1
    2 Bath
    1 Parking
    652 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $696/mth

    Taxes:

    $2,303 (2024)

    Cost Per Sqft:

    $882/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    North West

    Possession Date:

    Flexible

    Amenities

    Visitor Parking
    Rec Room
    Party Room
    Bike Storage
    Media Room
    Rooftop Deck
    Guest Suites
    Gym
    Concierge

    About this Listing

    Beautiful and functional 1+1 unit that easily converts into a true 2-bedroom, each with its own full bathroom. This efficient layout wastes no space and features an open-concept kitchen, living, and dining area, ensuite laundry, and walk-out to a private balcony. Includes parking and a same-level storage unit.Floor-to-ceiling windows fill the unit with natural light. The pet-friendly building offers top-tier amenities: a gym, rooftop terrace with BBQs, yoga room, party/meeting room with billiards, guest suite, visitor parking, and more. Maintenance fees cover heat, water, and high-speed internet.Unbeatable locationsteps to everyday essentials and major plazas like SmartCentres, Golden Mile Plaza, and Eglinton Town Centre (with Cineplex). Food lovers will enjoy nearby restaurants and cafés, including the award-winning Circles & Squares Bakery Café. Bonus for cookie fans: the scent of freshly baked goods from Peek Freans Bakery just across the street.Plenty of local activities nearbyToronto Climbing Academy, East York Gymnastics Club, OConnor Community Centre, Resilience Fitness, and parks with trails like Topham Park (just a minute away) and Don Valley Park. TTC at your doorstep makes commuting easy.

    ExtrasFridge, Stove, Microwave Dishwasher, Washer/Dryer

    exp realtyMLS® #E12087830

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Parking
    Not Included
    Hydro
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Bedroom

    12.01 x 10.11ft

    Kitchen

    14.01 x 11.81ft

    Living

    10.01 x 10.01ft

    Den

    3 Piece Bath

    6.5 x 12.01ft

    Bathroom

    3 Piece Ensuite

    6.92 x 8.01ft

    Bathroom

    4 Piece Bath

    4.99 x 8.01ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore O'Connor - Parkview


    Commute Calculator

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    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Mortgage Calculator


    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    8,685
    Average Individual Income
    $57,459
    Average Household Size
    2 persons
    Average Age
    0
    Average Household Income
    $102,796
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    18%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    55%
    $30,000+
    25%
    $60,000+
    11%
    $90,000+
    5%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    40%
    High Rise Apartment
    28%
    Semi Detached
    20%
    Low Rise Apartment
    5%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    49%
    Mandarin
    16%
    Cantonese
    16%
    Other
    12%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Education
    High School
    30%
    University and Above
    28%
    None
    17%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%


    Days on Strata

    Units at The Lanes Condos spend an average of
    44
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in O'Connor - Parkview

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 8 condos in the O'Connor - Parkview area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    The Lanes Condos offers the
    ?
    best value out of 8 condos in the O'Connor - Parkview neighbourhood

    Appreciation Rank

    The Lanes Condos has the
    ?
    highest ROI out of 8 condos in the O'Connor - Parkview neighbourhood

    Rental Yield

    The Lanes Condos yields the
    ?
    highest rent prices out of 8 condos in the O'Connor - Parkview neighbourhood

    High Demand

    The Lanes Condos is the
    ?
    most popular building out of 8 condos in the O'Connor - Parkview neighbourhood

    Market Insights

    Transaction Insights at The Lanes Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$405,000$474,000 - $560,000$485,000 - $540,000$598,800 - $608,000$610,000 - $620,000
    Avg. Cost Per Sqft$958$994$749$888$757
    Avg. Wait for Unit Availability846 Days155 Days52 Days69 Days250 Days
    Ratio of Units in Building2%15%52%23%11%

    Market Inventory

    Total number of units listed and sold in O'Connor - Parkview


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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