MLS® listing
5 Lakeview Avenue 416: condo apartment for sale
$429,990
From the listing brokerage
Brand-new and never occupied, this thoughtfully designed Junior 1-bedroom suite at The Twelve Hundred offers approximately 400 sq. ft. of stylish interior living space plus an impressive 88 sq. ft. private balcony with stunning views of the city skyline. The bright, open-concept layout maximizes every square foot, featuring expansive windows that flood the home with natural light. The contemporary kitchen is equipped with integrated appliances, sleek cabinetry, and modern finishes, creating a clean and functional space for everyday living. The comfortable bedroom includes generous closet storage, while the elegant bathroom showcases a refined, modern design. Step outside to your oversized private balcony-an ideal extension of the living space, perfect for morning coffee, relaxing outdoors, or taking in the vibrant city views. Located in the heart of Trinity-Bellwoods, steps from Ossington's renowned restaurants, cafes, shops, nightlife, and transit, this is an exceptional opportunity to own in one of Toronto's most sought-after neighbourhoods.**Eligible for New Home HST Rebate; net price after rebate, if eligible, is $404,308.47**
Facts on the listing
| Square feet | 0-499 |
|---|---|
| Approximate age | New |
| Style | Apartment |
| Basement | None |
| Parking spaces | 0 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $347 |
| Property tax | |
| Tax year | 2025 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | East |
| Fee includes | Common Elements Included, Building Insurance Included |
| Building amenities | Bike Storage, Gym, Party Room/Meeting Room, Recreation Room, Rooftop Deck/Garden, Media Room |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Parking | Underground |
| Interior features | Carpet Free, Built-In Oven |
| Features | Public Transit, Park, Clear View |
| View | City, Downtown, Skyline |
| Floor | 4 |
Listing courtesy of RE/MAX EXCEL TITAN. MLS® C13835514.
About this condo apartment
5 Lakeview Avenue 416 is a 1 bedroom condo apartment in TRREB's Trinity-Bellwoods community in Toronto, listed for sale at $429,990. The listing shows 1 bathroom and 0-499 square feet. The style is given as apartment. The unit faces east. It comes with an underground garage according to the listing. The nearest main intersection given is Dundas St W / Ossington Ave. The age is listed as New years.
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.
Building amenities on the listing: bike storage, gym, party room/meeting room, recreation room, rooftop deck/garden and media room.
What it costs to buy 5 Lakeview Avenue 416
At the asking price of $429,990, 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 | $429,990 |
|---|---|
| Ontario land transfer tax | $5,075 |
| Toronto municipal land transfer tax | $5,075 |
| Both taxes | $10,150 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $21,500 |
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 | $347 a month |
|---|
The listing says the maintenance fee includes common elements and building insurance. 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.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $429,990, which is $120,010 below that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
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. Ask whether a space or a locker comes with the unit and whether one can be rented in the building.
- 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 5 Lakeview Avenue 416
How much is land transfer tax on 5 Lakeview Avenue 416?
At the asking price of $429,990 the Ontario tax is $5,075 and the Toronto tax is $5,075, $10,150 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 5 Lakeview Avenue 416?
$21,500 at the asking price of $429,990, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 5 Lakeview Avenue 416?
The listing shows $347 a month, including common elements and building insurance. Check the current fee in the status certificate.
Is 5 Lakeview Avenue 416 priced above or below the median?
It is listed at $429,990. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $120,010 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 5 Lakeview Avenue 416?
Use the form on this page or call us. Quote MLS® C13835514. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 5 Lakeview Avenue 416 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.
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