Spacious and bright 2 bedroom, 2 bathroom condo in The Lanes, offering over 650 sqft of thoughtfully designed living space. Features include full size appliances, one parking space and one locker. The den has been enclosed and can be used as a second bedroom, office, or additional living space, with condo board approval. Enjoy an impressive selection of building amenities, including a large party room, resident lounge, yoga room, gym, and a beautifully maintained rooftop terrace with BBQs. Conveniently located close to schools, restaurants, shopping, and everyday amenities, with easy access to major highways and TTC service right at your doorstep. A fantastic opportunity for first time home buyers!
2 bedrooms, 2 bathrooms, about 600 sq ft, works out to roughly $808 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.Ask Zara a follow-up
Inside 1401 O'Connor Dr #217
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
1401 O'Connor Dr #217 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13608258$484,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1401 O'Connor Dr #217 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,383
/mo
based on the purchase price of $484,999
$97,000 cash
$387,999 financed
$326,797 total interest
Principal54%$387,999
Interest46%$326,797
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1-bed homes for sale in Toronto around $485K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4872.5%On average, homes sold at or above asking.
Active listings12,133Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 15 – Jul 14, 2026: prices up.
Based on 9,741 sales from Jul 14 – Oct 12, 2026 (6,558 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1401 O'Connor Dr #217 is listed at $484,999 (MLS® E13608258). Summitly updates the price as soon as the MLS® record changes.
Is $484,999 a good price for 1401 O'Connor Dr #217?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1401 O'Connor Dr #217 changed?
No — 1401 O'Connor Dr #217 is still listed at its original asking price of $484,999.
How many bedrooms and bathrooms does 1401 O'Connor Dr #217 have?
1401 O'Connor Dr #217 has 2 bedrooms and 2 bathrooms, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 1401 O'Connor Dr #217 close to transit?
The nearest rapid-transit station is O'Connor Station (Line 5), about 1.4 km (about a 17-minute walk) in a straight line. Sloane Station is about 1.5 km (about a 19-minute walk), and Pharmacy Station is about 1.7 km (about a 21-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1401 O'Connor Dr #217?
About $2,383 a month — principal and interest on $484,999 with 20% down ($97,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1401 O'Connor Dr #217 compare with other homes in Toronto?
Its asking price of $484,999 is about 43% below the median sold price in Toronto over the last 90 days, $849,000, across 9,741 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1401 O'Connor Dr #217 been sold before?
Summitly has no earlier MLS® sale or lease of 1401 O'Connor Dr #217 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1401 O'Connor Dr #217?
1401 O'Connor Dr #217 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1401 O'Connor Dr #217 been on the market?
77 days — 1401 O'Connor Dr #217 was listed on July 27, 2026.
What is the price per square foot of 1401 O'Connor Dr #217?
About $694 to $808 per square foot: the asking price of $484,999 over the 600–699 sq ft the listing gives as its size range.
Does 1401 O'Connor Dr #217 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
