Maintenance Fees
The Lanes Condos vs The O'Connor - Parkview Area
515 - 1401 O'connor Dr
$2,5251 bd2 ba1 pk650 sqft
For RentThe Lanes Condos
1 Day on Strata
$2,525/mth
1 Bed + 1
2 Bath
1 Parking
650 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
To Be Arranged
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North West
Locker:
None
Amenities
Party Room
Bike Storage
Gym
Visitor Parking
Concierge
Rec Room
Guest Suites
Media Room
Rooftop Deck
About this Listing
Welcome to your urban oasis! This stunning new condo offers contemporary design and panoramic views from its northwest-facing balcony, showcasing breathtaking sunsets and cityscapes. Flooded with ample natural light, the spacious living areas and modern amenities epitomize urban living at its finest.The primary bedroom features a 3-piece ensuite with illuminated and heated bathroom mirrors, while the large den offers versatility as office space or a second bedroom area. Ensuite laundry adds convenience to the mix.The convenient location provides easy access to shopping, restaurants, entertainment, parks, and transit options.Take advantage of the amazing rooftop entertaining area equipped with BBQs and dining tables for hosting guests on sunny summer days. Enjoy stunning city views while working out in the rooftop gym or practicing yoga in the studio. Indulge in leisure time with the games room featuring a pool table and a spacious party room with a dining area. Guest suites available.
ExtrasSee Schedule B attached.
royal lepage signature susan gucci realtyMLS® #E12084803
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Parking
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Balcony, Window, Laminate
0 x 0ft
Kitchen
Eat-In Kitchen, O/Looks Living, Laminate
0 x 0ft
Den
4 Piece Ensuite, Laminate
0 x 0ft
Bedroom
3 Piece Ensuite, Picture Window, Double Closet
0 x 0ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
Explore O'Connor - Parkview
Commute Calculator
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7/10
Walkability
You’re in stride with amenities—most of your needs are just a playlist away.
6/10
Transit
You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
5/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Mortgage Calculator
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
8,685
Average Individual Income
$57,459
Average Household Size
2 persons
Average Age
0
Average Household Income
$102,796
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
40%
High Rise Apartment
28%
Semi Detached
20%
Low Rise Apartment
5%
Duplex
5%
Marital Status
Commute
Languages (Primary Language)
English
49%
Mandarin
16%
Cantonese
16%
Other
12%
Tamil
3%
Tagalog
2%
Arabic
1%
Spanish
1%
Education
High School
30%
University and Above
28%
None
17%
College
16%
Apprenticeship
3%
University Below Batchelor
2%
Major Field of Study
Business Management
28%
Architecture & Engineering
18%
Health & Related Fields
12%
Social Sciences
10%
Math & Computer Sciences
8%
Humanities
5%
Physical Sciences
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
2%
Building Trends At The Lanes Condos
Days on Strata
Units at The Lanes Condos spend an average of
44
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in O'Connor - Parkview
Turnover of Units
On average, each unit is owned for
5
YEARS before being sold againProperty Value
-1%
Decrease in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 8 condos in the O'Connor - Parkview area
Sold Units
10
Units were Sold over the past twelve months
Rented Units
7
Units were Rented over the past twelve months
Best Value Rank
The Lanes Condos offers the best value out of 8 condos in the O'Connor - Parkview neighbourhood
?
Appreciation Rank
The Lanes Condos has the highest ROI out of 8 condos in the O'Connor - Parkview neighbourhood
?
Rental Yield
The Lanes Condos yields the highest rent prices out of 8 condos in the O'Connor - Parkview neighbourhood
?
High Demand
The Lanes Condos is the most popular building out of 8 condos in the O'Connor - Parkview neighbourhood
?
Market Insights
Transaction Insights at The Lanes Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | $405,000 | $474,000 - $560,000 | $485,000 - $540,000 | $598,800 - $608,000 | $610,000 - $620,000 |
| Avg. Cost Per Sqft | $958 | $994 | $793 | $888 | $757 |
| Price Range | No Data | $2,250 - $2,350 | $2,500 - $2,550 | $2,750 | $2,800 |
| Avg. Wait for Unit Availability | 846 Days | 155 Days | 52 Days | 69 Days | 250 Days |
| Avg. Wait for Unit Availability | No Data | 149 Days | 42 Days | 172 Days | 291 Days |
| Ratio of Units in Building | 2% | 15% | 52% | 23% | 11% |
Market Inventory
Total number of units listed and leased in O'Connor - Parkview
