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    1205 - 1485 Lakeshore Rd E

    For SaleLakewood on the Park Condos
    $799,000
    Price Cut: $839,000
    2 Beds + 1
    2 Bath
    3 Parking
    1,300 SQFT
    14 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,094/mth
    Taxes:
    $3,297 (2023)
    Cost Per Sqft:
    $615/sqft
    Locker:
    Ensuite+Exclusive
    Outdoor Space:
    None
    Exposure:
    South West
    Possession Date:
    Immediately
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Double Closet, Combined with Laundry
    8.17 x 8.01ft
    Living
    Combined with Dining, South View, L-Shaped Room
    17.91 x 10.34ft
    Dining
    Open Concept, West View, Overlooks Golf Course
    10.66 x 10.5ft

    About this Listing

    Welcome to the Penthouse, Suite 1205 of Lakewood on the Park. Stepping into this 1300+ square foot suite for the first time, you will recognize that nearly every surface of the home has been renovated, giving the space a fresh and untouched feel. With an almost 270-degree view, you will have multiple angles to view a sunrise or sunset from the comfort of your own space. Enjoy view of a lush canopy of trees, Marie Curtis Park, the Lake and city skyline. Whether it be from your open concept living dining room, or the corner-built solarium, perfect for a home office, unobstructed views of the outside are rarely missed. Building amenities make this suite that much more attractive, offering a tennis court, rooftop deck, family spa, gym complete with saunas, and a great deal of visitor parking. Did we mention it comes with three reserved parking spaces, as well? This suite is perfect for homeowners looking to downsize from a larger home, or upsize from a smaller condo, into a space that feels open, inviting, and well accommodating.

    ExtrasLocation puts this residence a walkable distance to Long Branch GO, and provides easy access to Pearson International, and the Gardiner to downtown. "Other" is large walk-in storage room.

    keller williams portfolio realtyMLS® #W9377971


    Amenities

    Tennis Court
    Rec Room
    Concierge
    Rooftop Deck
    Party Room
    Sauna

    Explore Neighbourhood

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

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

    Population
    21,014
    Average Individual Income
    $59,079
    Average Household Size
    2 persons
    Average Age
    41
    Average Household Income
    $108,994
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    42%
    Semi Detached
    28%
    High Rise Apartment
    13%
    Low Rise Apartment
    8%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    77%
    Other
    9%
    Punjabi
    7%
    Spanish
    2%
    Mandarin
    2%
    Tagalog
    1%
    Hindi
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    24%
    College
    21%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    2%

    Maintenance Fees

    Lakewood on the Park Condos vs The Lakeview Area

    Days on Strata

    Units at Lakewood on the Park Condos spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Lakeview

    Turnover of Units

    On average, each unit is owned for
    8.4
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 22 condos in the Lakeview area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Lakewood on the Park Condos offers the
    ?
    best value out of 22 condos in the Lakeview neighbourhood

    Appreciation Rank

    Lakewood on the Park Condos has the
    ?
    highest ROI out of 22 condos in the Lakeview neighbourhood

    Rental Yield

    Lakewood on the Park Condos yields the
    ?
    highest rent prices out of 22 condos in the Lakeview neighbourhood

    High Demand

    Lakewood on the Park Condos is the
    ?
    most popular building out of 22 condos in the Lakeview neighbourhood

    Transaction Insights at 1485 Lakeshore Road E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$460,000 - $490,000$555,000 - $589,000$565,000 - $620,000$571,100 - $720,000No Data
    Avg. Cost Per Sqft$684$685$520$554No Data
    Avg. Wait for Unit Availability192 Days144 Days123 Days104 Days416 Days
    Ratio of Units in Building11%26%25%39%1%

    Transactions vs Inventory

    Total number of units listed and sold in Lakeview