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    Toronto / East York / O'Connor - Parkview

    208 - 1401 O'connor Dr

    For SaleThe Lanes Condos
    $499,900
    2 Beds
    2 Bath
    1 Parking
    712 SQFT
    29 Days on Strata
    Est Sell Timeframe
    24 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $720/mth
    Taxes:
    $2,200 (2024)
    Cost Per Sqft:
    $702/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Built-in Dishwasher
    10.01 x 8.79ft
    Dining
    Combined with Living
    11.58 x 8.79ft
    Living
    Combined with Dining
    11.58 x 8.79ft

    About this Listing

    EXCELLENT CONDO OPPORTUNITY! This premium 712 sq. ft. corner unit features an open balcony with STUNNING VIEWS, including breathtaking sights of the CN TOWER. The unit offers 2 full bedrooms and 2 modern bathrooms, complete with 1 parking spot and 1 locker. Inside, you'll find a stackable washer/dryer, sleek quartz countertops, and bathrooms equipped with lit/heated mirrors for added luxury. The modern kitchen with an island is perfect for entertaining, and the primary bedroom boasts a spacious walk-in closet. The building offers resort-style amenities, including a Skyview Fitness Center, Sky Deck Lounge, and 24/7 concierge services. Conveniently located with TTC at your doorstep and just a short drive to the LRT (within 2 km), this condo is perfect for first-time homebuyers or investors looking for a prime location. DONT MISS OUT ON THIS FANTASTIC OPPORTUNITY!

    royal lepage terra realtyMLS® #E11953748

    Amenities

    Visitor Parking
    Bike Storage
    Media Room
    Rec Room
    Gym Room
    Concierge

    Explore Neighbourhood

    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!'

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    The Lanes Condos vs The O'Connor - Parkview Area

    Building Trends At The Lanes Condos

    Days on Strata

    Units at The Lanes Condos spend an average of
    20
    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
    4.8
    YEARS before being sold again

    Property Value

    5%
    Increase 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

    9
    Units were Sold over the past twelve months

    Rented Units

    8
    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

    Transaction Insights at 1401 O'Connor Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$474,000 - $560,000$485,000 - $598,800$600,000 - $608,000No Data
    Avg. Cost Per SqftNo Data$994$831$866No Data
    Avg. Wait for Unit AvailabilityNo Data155 Days48 Days70 Days177 Days
    Ratio of Units in Building2%15%53%22%11%

    Transactions vs Inventory

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