What is the price of this residential condo & other in Toronto?

This residential condo & other is currently listed for sale. Contact SousaSells.ca for the most up-to-date pricing information and to schedule a viewing.

What is the square footage of this property?

The living area is approximately 500-599.

When was this property built?

Year built information is available upon request. Contact SousaSells.ca for complete property details.

How can I schedule a viewing of this property?

You can schedule a viewing by contacting SousaSells.ca directly through our website or by phone. Our experienced agents will arrange a convenient time for you to tour the property.

What type of property is this?

This is a residential condo & other located in Toronto.

1 Neighbourhood Lane, Unit 505, Toronto, ON

$389,000

MLS#:W13714222

1 beds

1 baths

500-599 sqft

1.0 parking

Residential Condo & Other

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Added:Aug 26, 2026(1 day ago)

•

Updated:Aug 26, 2026(1 day ago)

Last Checked:7 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Stonegate-Queensway. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $389,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

1 Bedroom and 1 Bathroom
Generous living space spanning 500-599 sqft
1.0 total parking spaces available with a convenient underground configuration
Notable attributes: Carpet Free
equipped with central air central cooling and highly efficient forced air heating via electric

Description

Lowest price ever- priced for action. This exceptional and boutique "Backyard Condos" building is just steps from the scenic Humber Trail, with trendy shops, restaurants, TTC and highway access - downtown only minutes away. The open concept suite with a stunning west facing exposure, boasting 9' ceilings - take advantage and enjoy the building's exceptional and state of the art facilities/amenities with it's splendid rooftop terrace with fire pit, concierge service and guest suites and much, much more!

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This condo apartment located at 1 Neighbourhood Lane, Toronto is currently for sale and has been available on SousaSells for 1 day. This property is listed at $389,000 with an estimated mortgage of $1,295* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 1 Neighbourhood Lane, Toronto is in the Stonegate-Queensway neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Stonegate-Queensway, Toronto.

Great for Small Household / Couples

What We Love About This Home

•1 spacious bedroom layout offering versatile living space
•1 well-appointed bathroom
•500-599 sqft of generous functional square footage

Standout Features & Layout

Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms

Bathrooms

Kitchens

Living Area

500-599 sqft

Property Type

Residential Condo & Other

Additional Details

StatusActive

AddedAug 26, 2026 (1 day ago)

UpdatedAug 26, 2026 (1 day ago)

Last Checked7 minutes ago

Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment

Architectural StyleApartment

ConstructionBrick, Concrete

BasementNone

CountyToronto

Annual Tax$1,898

Parking & Garage

Parking Total1.0

Parking Space1

Garage TypeUnderground

Heating & Cooling

Heat SourceElectric

Heat TypeForced Air

CoolingCentral Air

Features

Property Features

Beach
Public Transit

Interior Features

Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1 Neighbourhood Lane, Unit 505, Toronto, ON

Q.What is the asking price for 1 Neighbourhood Lane, Unit 505, Toronto, ON ?

The current listing price for 1 Neighbourhood Lane, Unit 505, Toronto, ON in Stonegate-Queensway, Toronto is $389,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.

Q.What property type and architectural style is 1 Neighbourhood Lane, Unit 505, Toronto, ON ?

1 Neighbourhood Lane, Unit 505, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 1 Neighbourhood Lane, Unit 505, Toronto, ON offer?

Key property features include: Beach, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

Virtual Tour & 3D Walkthrough

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Location

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1 Neighbourhood Lane, Unit 505, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Stonegate-Queensway, Toronto

SAFETY RATING8.8 / 10

Low Incident Area

Total Annual Incidents381 incidents / yr

Average Per Month31.8 incidents / mo

Population Benchmark29,422 residents

Personal Safety

Moderate

139 assaults (474.5/100k)

Property Security

Moderate

89 B&E (303.8/100k)

Auto Theft Risk

Elevated

83 thefts (283.3/100k)

1-Year Trend

▼ 22.1%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data

Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1 Neighbourhood Lane 505, Toronto, ON M8Y 0C7

Estimated Sales Range

$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed

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Properties in this area are selling at a steady pace.

Market Trend

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%

Down Payment$116,700 (30.0%)

* Minimum Canadian down payment required for this price is $19,450.

Amortization Period30 Years

Estimated Monthly Payment$1,295Based on a loan of $272,300 over 30 years.

Purchase Price$389,000

Loan Amount$272,300

Provincial Land Transfer Tax:$4,310

Toronto Municipal Land Transfer Tax:$4,310

Total Estimated Closing Taxes:$8,620

About Purchasing a Home in Toronto, ON

For a property listed at $389,000 in Toronto, the legal minimum down payment is $19,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,310 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,310 also applies, bringing the total estimated land transfer taxes to $8,620.

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Stonegate-Queensway, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Stonegate-Queensway, Toronto.

Verified Local Data

City Population2,794,356

City Median Age39.2 Yrs

City Ownership48% Owners

Avg Area List Price$1,727,110

People & Families

Age Distribution

Household Composition

One-person households

32%

Families with children

36%

Couples without children

24%

Other households

Top Ethnic Origins

Chinese11%

English9%

Canadian8%

East Indian8%

Best Schools in Stonegate-Queensway, Toronto

Elementary Schools

Sainte-Marguerite-d'Youville

Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3

Rank

480

7.7

St Mark

Public45 Cloverhill Road, Etobicoke, Toronto, Ontario, M8Y 1T4

Rank

2090

5.2

St Louis

Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7

Rank

532

7.6

Our Lady of Sorrows

Public3053 Bloor Street West, Etobicoke, Toronto, Ontario, M8X 1C4

Rank

126

8.9

Swansea

Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9

Rank

480

7.7

Secondary Schools

Bishop Allen

Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3

Rank

8.7

Etobicoke-Arts

Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1

Rank

8.2

Western

Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3

Rank

254

6.8

Ursula Franklin

Public146 Glendonwynne Road, Toronto, Ontario, M6P 3J7

Rank

9.7

Runnymede

Public569 Jane Street, York, Toronto, Ontario, M6S 4A3

Rank

654

4.0

Stonegate-Queensway, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%

Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.