5 Lakeview Ave #704, Toronto

Name: 5 Lakeview Avenue, Unit 704
SKU: C14092642
Price: 699000 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Toronto

Unit 704 at 5 Lakeview Avenue

Welcome To This Bright And Beautifully Appointed 2-Bedroom, 2-Bathroom Condo At The Twelve Hundred Building. Offering Approximately 628 Sq. Ft (+ 74 Sq. Ft Balcony) Of Thoughtfully Designed Living Space, This Modern Suite Features An Open-Concept Layout, Laminate Flooring Throughout, And An Abundance Of Natural Light. The Upgraded European Style Kitchen Showcases Contemporary Cabinetry, Stone Countertops And Stainless Steel Appliances Making It Both Stylish And Functional. The Spacious Primary Bedroom Offers The Convenience Of A Private 3 Piece Ensuite Bathroom, While Both Bedrooms Provide Generous Closet Space. Enjoy Ensuite Laundry And A Private Balcony With Impressive City And Conservation Views-An Ideal Spot For Morning Coffee Or Evening Relaxation. One Parking Space Is Included. Residents Enjoy An Impressive Selection Of Amenities, Including A Fitness Centre, Lobby Lounge, Party Room, Rooftop Deck Area And Bicycle Storage. Virtual Concierge. High Speed Internet Is Included In The Maintenance Fee. Currently Rented On A Month To Month Basis For $2,950 Plus Utilities. Great Tenants That Are Willing To Stay If Buyer Is Looking For An Investment Unit. Ideally Situated In Toronto's Vibrant Trinity-Bellwoods Area, Walk To Parks, Cafes, Restaurants, Shops And Public Transit. A Wonderful Chance For Those Seeking Contemporary Condo Living In A Dynamic West-End Neighbourhood. Don't Miss This Opportunity!

2 bedrooms, 2 bathrooms, about 600 sq ft, works out to roughly $1,165 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 5 Lakeview Ave #704

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

5 Lakeview Ave #704 Price & Sale History

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

Oct 19, 2026For saleListedThis listingMLS® C14092642$699,000

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

What's it worth?

How 5 Lakeview Ave #704 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

Well Above Market· based on 15,688 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: $845,000
Average sold price: $1,080,552
Average days on market: 32
Homes sold: 9,303

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$845,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5097.1%On average, homes sold at or above asking.
Active listings12,671Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 25 – Jul 24, 2026: prices up.

Based on 9,303 sales from Jul 24 – Oct 22, 2026 (6,811 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 704 — 5 Lakeview Avenue 2 bd · 2 ba · 600 sqft	$699,000asking	$1,165	—	—
5 Valhalla Inn Road 1 bd · 1 ba · 700 sqft
199 Richmond Street 1 bd · 1 ba · 500 sqft
23 Hollywood Avenue 2 bd · 2 ba · 1,000 sqft
88 Harbour Street 1 bd · 1 ba · 500 sqft
280 Simcoe Street 2 bd · 2 ba · 1,400 sqft
2A Church Street 2 bd · 2 ba · 700 sqft

5 Valhalla Inn Road
1 bd · 1 ba · 700 sqft
199 Richmond Street
1 bd · 1 ba · 500 sqft
23 Hollywood Avenue
2 bd · 2 ba · 1,000 sqft
88 Harbour Street
1 bd · 1 ba · 500 sqft
280 Simcoe Street
2 bd · 2 ba · 1,400 sqft
2A Church Street
2 bd · 2 ba · 700 sqft

More in this building

3 for sale · 3 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 #704. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 5 Lakeview Ave #704

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

Mortgage: $3,434; 20% down · 25 years · 5.5% assumed
Property tax: $384; 0.66% mill rate · ON
Total per month: $3,818; 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

$3,434

/mo

based on the purchase price of $699,000

Down payment20%

$139,800 cash

Amortization25 yr

$559,200 financed

Rate5.50%

$470,993 total interest

Principal54%$559,200

Interest46%$470,993

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.

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Questions About 5 Lakeview Ave #704

How much is 5 Lakeview Ave #704 listed for?

5 Lakeview Ave #704 is listed at $699,000 (MLS® C14092642). Summitly updates the price as soon as the MLS® record changes.

Is $699,000 a good price for 5 Lakeview Ave #704?

Summitly rates it Well Above Market: the asking price is 15% or more above 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 5 Lakeview Ave #704 changed?

No — 5 Lakeview Ave #704 is still listed at its original asking price of $699,000.

How many bedrooms and bathrooms does 5 Lakeview Ave #704 have?

5 Lakeview Ave #704 has 2 bedrooms and 2 bathrooms, with about 600–699 square feet of living space. It is a condo in Toronto.

Is 5 Lakeview Ave #704 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 #704?

About $3,434 a month — principal and interest on $699,000 with 20% down ($139,800), 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 #704 compare with other homes in Toronto?

Its asking price of $699,000 is about 17% below the median sold price in Toronto over the last 90 days, $845,000, across 9,303 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 #704 been sold before?

Summitly has no earlier MLS® sale or lease of 5 Lakeview Ave #704 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 5 Lakeview Ave #704?

5 Lakeview Ave #704 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 5 Lakeview Ave #704 been on the market?

3 days — 5 Lakeview Ave #704 was listed on October 19, 2026.

What is the price per square foot of 5 Lakeview Ave #704?

About $1,000 to $1,165 per square foot: the asking price of $699,000 over the 600–699 sq ft the listing gives as its size range.

Does 5 Lakeview Ave #704 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know