CondoListed today

25 Neighbourhood Lane #507, Toronto

Name: 25 Neighbourhood Lane, Unit 507
SKU: W14170174
Price: 539900 CAD
Availability: InStock

Toronto, ON · M8Y 0C4 · MLS® W14170174Updated November 11, 2026

$539,900Est. $2,652/mo mortgage

Bedrooms: 2
Bathrooms: 2
Living space: 800–899sq ft
Parking spaces: 1

Type Condo
Garage Yes
Basement None

What you should know

25 Neighbourhood Lane #507 is a 2-bedroom, 2-bathroom condo in Toronto, listed for $539,900. It has 800-899 sq ft of living space.

Bright, Spacious & Move-In Ready 2 Bedroom + Den, 2 Bathroom Condo with Stunning Unobstructed Views!
The stylish contemporary kitchen boasts stainless steel appliances, a sleek backsplash, elegant Caesarstone countertops, and ample workspace.
The bright and airy living and dining area extends to a private balcony, offering stunning unobstructed views and an abundance of natural light.

Ask Zara:

2 Bed, 2 Bath Condo in Toronto

Unit 507 at 25 Neighbourhood Lane

Bright, Spacious & Move-In Ready 2 Bedroom + Den, 2 Bathroom Condo with Stunning Unobstructed Views! Welcome to this beautifully designed, sun-filled condo offering the perfect blend of modern elegance, comfort, and everyday convenience. Featuring a spacious open-concept layout, this inviting residence is ideal for comfortable living and effortless entertaining. The stylish contemporary kitchen boasts stainless steel appliances, a sleek backsplash, elegant Caesarstone countertops, and ample workspace. The bright and airy living and dining area extends to a private balcony, offering stunning unobstructed views and an abundance of natural light. With two generously sized bedrooms, two bathrooms, and a versatile den ideal for a home office or additional living space, this thoughtfully designed suite offers flexibility to suit your lifestyle. Enjoy an impressive selection of building amenities, including a fully equipped fitness centre, guest suites, party room, bike storage, rooftop terrace, and ample visitor parking. Ideally situated just steps from the scenic Humber River, beautiful parks, and picturesque walking trails, this exceptional location puts everyday essentials within easy reach. Enjoy convenient access to schools, shopping, restaurants, grocery stores, and major highways, including the QEW, making commuting and daily errands a breeze. Whether you're a first-time buyer, downsizer, or investor, this move-in-ready condo offers an exceptional opportunity to enjoy modern urban living surrounded by nature. Experience the perfect combination of space, style, breathtaking views, and unbeatable convenience. A wonderful place to call home! Also included is unit 36, level d, unit 84, level d, toronto standard condominium plan no. 2983

2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $675 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.

Inside 25 Neighbourhood Lane #507

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 800-899 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

25 Neighbourhood Lane #507 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 11, 2026For saleListedThis listingMLS® W14170174$539,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 25 Neighbourhood Lane #507 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 16,149 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,085,195
Average days on market: 32
Homes sold: 9,266

Closed sales on the TRREB MLS®.

Full Toronto market report

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 507 — 25 Neighbourhood Lane 2 bd · 2 ba · 800 sqft	$539,900asking	$675	—	—
10 Inn On The Park Drive 3 bd · 2 ba · 1,800 sqft
50 Brian Harrison Way 1 bd · 1 ba · 600 sqft
15 Windermere Avenue 2 bd · 2 ba · 900 sqft
195 Redpath Avenue 2 bd · 2 ba · 600 sqft
130 River Street 3 bd · 2 ba · 1,000 sqft
35 Saranac Boulevard 1 bd · 1 ba · 600 sqft

10 Inn On The Park Drive
3 bd · 2 ba · 1,800 sqft
50 Brian Harrison Way
1 bd · 1 ba · 600 sqft
15 Windermere Avenue
2 bd · 2 ba · 900 sqft
195 Redpath Avenue
2 bd · 2 ba · 600 sqft
130 River Street
3 bd · 2 ba · 1,000 sqft
35 Saranac Boulevard
1 bd · 1 ba · 600 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 25 Neighbourhood Lane #507

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,652; 20% down · 25 years · 5.5% assumed
Property tax: $297; 0.66% mill rate · ON
Total per month: $2,949; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Mortgage payments

Mortgage financingPowered by

Lock in a low rate before you offer

Compare today's rates across lenders, lock yours in, and get pre-qualified in about 2 minutes.

Lock in my rate

Call now

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

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,652

/mo

based on the purchase price of $539,900

Down payment20%

$107,980 cash

Amortization25 yr

$431,920 financed

Rate5.50%

$363,790 total interest

Principal54%$431,920

Interest46%$363,790

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

For homeowners nearby

Own a home on Neighbourhood Lane? See what yours is worth

Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.

Free · No obligation · Backed by Coldwell Banker

Book a tour of 25 Neighbourhood Lane #507 with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 25 Neighbourhood Lane #507 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

Listing brokerage: RE/MAX EXCELLENCE REAL ESTATE, BrokerageMLS® W14170174 · Listing data last updated November 11, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Nov 10· $675/sq ft

Estimated monthly mortgage$2,652/moMortgage only · 20% down · 5.5% assumed

Adjust

Talk to a Real Estate Advisor · (905) 553-8500(main line)

Ask a question about this home

Get pre-approved for this home Run your scenario →

Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.

Price alert

We'll email you if this price drops.

5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

Similar homes for sale nearby in Toronto

Other 1–3 bed homes for sale in Toronto around $540K.

See all 2-bedroom apartments for sale in Toronto

Homes for sale in Toronto

Every active Toronto MLS® listing, updated all day.

Toronto real estate