5 Lakeview Ave #406, Toronto

Name: 5 Lakeview Avenue, Unit 406
SKU: C13823034
Price: 499900 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Toronto

Unit 406 at 5 Lakeview Avenue

Welcome to The Twelve Hundred, where urban convenience meets contemporary living. Ideally situated just steps from some of the city's best restaurants, cafes, boutiques, and nightlife, this sought-after residence offers the vibrant energy of Dundas Street and the residential charm of Lakeview Avenue. Located in the heart of Toronto's west end, you'll enjoy easy access to Ossington, Dundas West, West Queen West, and Trinity Bellwoods Park. Residents can take advantage of an impressive collection of amenities, including a fully equipped fitness centre, rooftop conference rooms, a cozy fireplace lounge, and a stylish rooftop party room with an outdoor terrace equipped with BBQ's perfect for entertaining. This suite also features a rare and highly desirable private balcony, offering your own peaceful outdoor retreat in the middle of the city.

1 bedroom, 1 bathroom, 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 5 Lakeview Ave #406

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 0-499 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

5 Lakeview Ave #406 Price & Sale History

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

Sep 24, 2026For saleListedThis listingMLS® C13823034$499,900
LeasedPreviously listedMLS® C12125019View listing (opens in a new tab)

See what it sold for, free. Board rules need a free account before we can show sold and past prices.

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

What's it worth?

How 5 Lakeview Ave #406 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

Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.

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: $844,000
Average sold price: $1,085,878
Average days on market: 32
Homes sold: 9,129

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$844,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5192.3%On average, homes sold at or above asking.
Active listings12,483Homes for sale here right now.
Median vs prior 90 days+0.5%Compared with May 11 – Aug 9, 2026: prices up.

Based on 9,129 sales from Aug 9 – Nov 7, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

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 406 — 5 Lakeview Avenue 1 bd · 1 ba	$499,900asking	—	—	—
39 Queens Quay 1 bd · 2 ba · 700 sqft
150 Logan Avenue 3 bd · 2 ba · 1,000 sqft
100 Dalhousie Street 2 bd · 2 ba · 800 sqft
27 Bathurst Street 2 bd · 2 ba · 600 sqft
85 Skymark Drive 1 bd · 1 ba · 1,400 sqft
399 Spring Garden Avenue 1 bd · 1 ba · 500 sqft

39 Queens Quay
1 bd · 2 ba · 700 sqft
150 Logan Avenue
3 bd · 2 ba · 1,000 sqft
100 Dalhousie Street
2 bd · 2 ba · 800 sqft
27 Bathurst Street
2 bd · 2 ba · 600 sqft
85 Skymark Drive
1 bd · 1 ba · 1,400 sqft
399 Spring Garden Avenue
1 bd · 1 ba · 500 sqft

More in this building

3 for sale · 2 for rent at 5 Lakeview Ave — plus its sale and lease history.

See all of 5 Lakeview Ave

Living in Toronto: Location & Amenities

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

Transit nearby

Stations and stops, straight-line distance

Ossington StationLine 21.4 km18 min walk
Exhibition GO StationLakeshore West GO1.5 km19 min walk
Dufferin StationLine 21.6 km20 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Ossington Station (Line 2)18 min walk
Exhibition GO Station (Lakeshore West GO)19 min walk
Dufferin Station (Line 2)20 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Ossington Station
1.4 km18 minClosest· Line 2
Homes near Ossington Station
Exhibition GO Station
1.5 km19 min· Lakeshore West GO
Homes near Exhibition GO Station
Dufferin Station
1.6 km20 min· Line 2
Homes near Dufferin Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 5 Lakeview Ave #406. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 5 Lakeview Ave #406

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

Mortgage: $2,456; 20% down · 25 years · 5.5% assumed
Property tax: $275; 0.66% mill rate · ON
Total per month: $2,731; 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.

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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

$2,456

/mo

based on the purchase price of $499,900

Down payment20%

$99,980 cash

Amortization25 yr

$399,920 financed

Rate5.50%

$336,838 total interest

Principal54%$399,920

Interest46%$336,838

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.

Book a tour of 5 Lakeview Ave #406 with a licensed buyer's agent

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Questions About 5 Lakeview Ave #406

How much is 5 Lakeview Ave #406 listed for?

5 Lakeview Ave #406 is listed at $499,900 (MLS® C13823034). Summitly updates the price as soon as the MLS® record changes.

Has the price of 5 Lakeview Ave #406 changed?

No — 5 Lakeview Ave #406 is still listed at its original asking price of $499,900.

How many bedrooms and bathrooms does 5 Lakeview Ave #406 have?

5 Lakeview Ave #406 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Toronto.

Is 5 Lakeview Ave #406 close to transit?

The nearest rapid-transit station is Ossington Station (Line 2), about 1.4 km (about a 18-minute walk) in a straight line. Exhibition GO Station is about 1.5 km (about a 19-minute walk), and Dufferin Station is about 1.6 km (about a 20-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 5 Lakeview Ave #406?

About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), 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 5 Lakeview Ave #406 compare with other homes in Toronto?

Its asking price of $499,900 is about 41% below the median sold price in Toronto over the last 90 days, $844,000, across 9,129 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 5 Lakeview Ave #406 been sold before?

Yes — Summitly has 1 earlier MLS® listing of 5 Lakeview Ave #406 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.

Where is 5 Lakeview Ave #406?

5 Lakeview Ave #406 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 5 Lakeview Ave #406 been on the market?

44 days — 5 Lakeview Ave #406 was listed on September 24, 2026.

What is the price per square foot of 5 Lakeview Ave #406?

About $1,002 per square foot: the asking price of $499,900 over the 0–499 sq ft the listing gives.

Does 5 Lakeview Ave #406 have parking or a garage?

Garage: Yes.

Does 5 Lakeview Ave #406 have a basement, and is it finished?

The listing says 5 Lakeview Ave #406 has no basement.

What you should know