MLS® listing
55 Neptune Drive 305: co-op apartment for sale
$250,000
From the listing brokerage
The property ladder starts here! Great opportunity for wise buyer! Bright spacious 1 bedroom co-op apartment in the highly desirable Bathurst & 401 neighbourhood. Large living room open todining room L-shaped. Modern kitchen cabinets. Steps to transit and shopping. Well maintained by fastidious owner. Recently painted. Quality laminate floors throughout. Modernized bath withnewer toilet and vanity. 3rd floor walk up. Rental parking available at $15/surface of is available $25 in shared garage. Co-ops offer the lowest priced home ownership available. Low maintenance fees include Heat, Water, Insurance and Property tax
Facts on the listing
| Square feet | 600-699 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Built-In |
| Heating | Radiant |
| Cooling | Window Unit(s) |
| Kitchens | 1 |
| Maintenance fee | $457 |
| Property tax | |
| Tax year | 2025 |
| Locker | Common |
| Pets | Yes-with Restrictions |
| Exposure | East |
| Fee includes | Heat Included, Common Elements Included, Building Insurance Included, Water Included |
| Balcony | None |
| Laundry | Coin Operated, In Basement |
| Parking | Reserved/Assigned, Surface |
| Interior features | None |
| Features | Public Transit |
| Floor | 3 |
Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS® C13699772.
About this co-op apartment
55 Neptune Drive 305 is a 1 bedroom co-op apartment in TRREB's Englemount-Lawrence community in Toronto, listed for sale at $250,000. The listing shows 1 bathroom and 600-699 square feet. The style is given as apartment. The unit faces east. It comes with 1 parking space, a built-in garage and a locker (common) according to the listing. The nearest main intersection given is Bathurst and Wilson.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 55 Neptune Drive 305
At the asking price of $250,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $250,000 |
|---|---|
| Ontario land transfer tax | $2,225 |
| Toronto municipal land transfer tax | $2,225 |
| Both taxes | $4,450 |
| First-time buyer relief, if you qualify | up to $4,450 |
| Minimum down payment | $12,500 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $457 a month |
|---|
The listing says the maintenance fee includes heat, common elements, building insurance and water. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 55 Neptune Drive 305
How much is land transfer tax on 55 Neptune Drive 305?
At the asking price of $250,000 the Ontario tax is $2,225 and the Toronto tax is $2,225, $4,450 in total. A first-time buyer who qualifies can get up to $4,450 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 55 Neptune Drive 305?
$12,500 at the asking price of $250,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 55 Neptune Drive 305?
The listing shows $457 a month, including heat, common elements, building insurance and water. Check the current fee in the status certificate.
How do I book a showing for 55 Neptune Drive 305?
Use the form on this page or call us. Quote MLS® C13699772. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 55 Neptune Drive 305 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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