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    1401 O'Connor Drive

    The Lanes Condos
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    7
    Number of Units:
    142
    Condo Completion:
    2020
    Condo Demand:
    Medium
    Unit Size Range:
    436 - 1,072 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for The Lanes Condos

    Receive listing updates for O'Connor - Parkview

    Amenities

    Party Room
    Visitor Parking
    Concierge
    Gym Room
    Media Room
    Guest Suites

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 1401 O'Connor DriveThe Lanes Condos

    The Lanes Condos is a Toronto condo located at 1401 O'Connor Drive in the O'Connor - Parkview neighbourhood. The condo was completed in 2020 and features 142 units over 7 storeys. Toronto condo for sale here range from 436 square feet, up to 1072 square feet.

    This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 79. Maintenance fees at 1401 O'Connor Drive are $0.91 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    On average, units at 1401 O'Connor Drive sell 2.48% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $820 and units sell with 25 days on market on average. Over the past 12 months, 10 have sold and 8 have have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Swiss Chalet Rotisserie & Grill, Papa John's Pizza and Black Bear Pub are all within 5 minutes walking distance from 1401 O'Connor Drive. There’s always time for coffee with Culture coffee, Tim Hortons and Proud Cleaning a short 12-minute walk away.

    There are a number of grocery stores within a short drive, including Saks Fine Foods, Great Food Supermarket and Fresh Choice Store.

    Planning for your future is easy with Scotiabank in the area.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Willis Blair Parkette, Topham Park and Parma Park are less than 14 minutes walking distance from 1401 O'Connor Drive.

    Like to shop? Everything you need is close by when you live at 1401 O'Connor Drive, including M E N B, Todays Sports Wear and Eglinton Square which are only 3 away.

    Art and culture seekers can enjoy amazing attractions nearby like Sandra Ainsley Gallery and Toronto Art Expo, less than 15 minutes walking distance from here. Cineplex Odeon Eglinton Town Centre Cinemas is just a short drive away for movie nights.

    With O'Connor Public School, Selwyn Public School and Victoria Park Public School in the neighbourhood, you'll always have excellent choices that ensure your children get the best education while nearby. If you're open to commuting, a quick transit ride offers even more options, including Gordon A Brown Middle School, SATEC @ W. A. Porter Collegiate Institute and D A Morrison Middle School.

    Transportation

    Residents have transit options in the O'Connor - Parkview neighbourhood; A light transit stop at Oconnor Dr At Yardley Ave East Side can carry you to your destination in no time at all. Warden isn’t within a close walking distance, but you can drive there in about 6 minutes.

    There are several similar condos in the area, such as 45 Sunrise Avenue, 25 Sunrise Avenue and 30 Sunrise Avenue — all worth checking out.

    Reviews for The Lanes Condos

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    2

    Listings For Sale

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    Explore O'Connor - Parkview

    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!'

    Similar condos

    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    18%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    55%
    $30,000+
    25%
    $60,000+
    11%
    $90,000+
    5%
    $125,000+
    2%
    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%

    Maintenance Fees

    The Lanes Condos vs The O'Connor - Parkview Area

    Days on Strata

    Units at The Lanes Condos spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in O'Connor - Parkview

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 7 condos in the O'Connor - Parkview area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    The Lanes Condos offers the
    ?
    best value out of 7 condos in the O'Connor - Parkview neighbourhood

    Appreciation Rank

    The Lanes Condos has the
    ?
    highest ROI out of 7 condos in the O'Connor - Parkview neighbourhood

    Rental Yield

    The Lanes Condos yields the
    ?
    highest rent prices out of 7 condos in the O'Connor - Parkview neighbourhood

    High Demand

    The Lanes Condos is the
    ?
    most popular building out of 7 condos in the O'Connor - Parkview neighbourhood

    Transaction Insights at 1401 O'Connor Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$560,000$500,000 - $610,000$598,800 - $608,000No Data
    Avg. Cost Per SqftNo Data$1,091$797$870No Data
    Avg. Wait for Unit AvailabilityNo Data151 Days50 Days69 Days177 Days
    Ratio of Units in Building2%15%52%22%11%

    Unit Sales vs Inventory

    Total number of units listed and sold in O'Connor - Parkview