a♥ıly
a♥ıly
Property photo 1
Property photo 2

3 Photos Available

Register for free to view the complete photo gallery and property details

Showing 2 of 3 photos

Unit 502 at Backyard Condos

Sold

1 Neighbourhood Lane 502, Toronto, ON M8Y 0C2

MLS #W11953389

$485,000

Sold on April 13, 2025

April 13, 2025

Originally listed at $499,900 10 days on market

About This Property

Step into luxury at the highly sought-after 'Backyard Condos.' This boutique building is just steps from the scenic Humber Trail, trendy shops, restaurants, TTC and highway access - with downtown only minutes away. Enjoy a beautiful light-filled suite with a stunning west-facing exposure. The open-concept, modern kitchen is beautifully upgraded, and the suite boasts soaring 9' ceilings and wide plank flooring. 525 sq ft. The versatile den with built-in coffee bar can be used as an office, dining room, extra living etc. Beautiful and spacious balcony. Take advantage of the building's exceptional amenities, including a rooftop terrace with a fire pit, concierge service, a guest suite, visitor parking and more.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($501/mo) and property tax ($1,899/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$909/sqft
Stonegate-Queensway
$757/sqft+20.1%
Toronto W07
$757/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 550 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

500-599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2805
MLS Size500-599
Listed OnFeb 2, 2025
Maintenance Fees$501/month
Property Tax$1,899/year

Property Details Available

Register for free to view complete property details and access exclusive sold data

Free account • No credit card required

Rooms

NameSize (m)Size (ft)Features
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Living Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Dining Room(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Kitchen(Main)3.38 x 3.5311.1 x 11.6-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Den(Main)2.9 x 1.799.5 x 5.9-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-
Bedroom(Main)2.92 x 2.769.6 x 9.1-

Room Dimensions Available

Register for free to view complete room dimensions and access exclusive sold data

Free account • No credit card required

Unit 502 History

Complete transaction history for this unit

Terminated

Listed: Nov 26, 2024

$519,900

• 68 days on market• Sale
View Property Details →

2 More Transactions Available

Register free to see the complete unit history

Transaction History Available

Register for free to view complete transaction history and access exclusive sold data

Free account • No credit card required

Price History

Original List Price

$499,900

Listed on Feb 2, 2025

Sold Price

$485,000

Sold on Apr 13, 2025

-$14,900

-3.0%

10 days on market

Price History Available

Register for free to view complete price history and access exclusive sold data

Free account • No credit card required

Similar Sold Units in This Building

Unit 306 - Photo 1
Sold

$521,000

2bed|1bath|596sqft
1 parking|1 locker

Unit 306

1 Neighbourhood Lane 306, Toronto, ON M8Y 0C2

Residential Condo & Other|$561 fees|$2139 tax

MLS #W11822407

View complete sale history and details

Unit 512 - Photo 1
Sold

$617,000

2bed|2bath|744sqft
1 parking|1 locker

Unit 512

1 Neighbourhood Lane 512, Toronto, ON M8Y 0C2

Residential Condo & Other|$703 fees|$2941 tax

MLS #W12712988

View complete sale history and details

Unit 214 - Photo 1
Sold

$650,000

2bed|2bath|836sqft
1 parking|1 locker

Unit 214

1 Neighbourhood Lane 214, Toronto, ON M8Y 0C2

Residential Condo & Other|$753 fees|$3069 tax

MLS #W10188952

View complete sale history and details

Unit 407 - Photo 1
Sold

$635,000

2bed|2bath|600-699sqft
1 parking|1 locker

Unit 407

1 Neighbourhood Lane 407, Toronto, ON M8Y 0C2

Residential Condo & Other|$626 fees|$2597 tax

MLS #W9343654

View complete sale history and details

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

yourcondorealtor@gmail.com+1416-224-2166View My Portfolio
a♥ıly
Get Your AI Real Estate Plan
Ask aily about Backyard Condos
Estimator

Get your sale estimate

See the comparable sold, tax-matched, and currently-competing listings for Backyard Condos.

Price Estimate Available

Register for free to view complete price estimate and access exclusive sold data

Free account • No credit card required

Building Information

Building NameBackyard Condos
Address1 Neighbourhood Lane, Toronto W07
Parking TypeUnderground

Own a Similar Unit?

Contact OVAIS QASSIM

About Unit 502 at Backyard Condos

Unit 502 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 500-599 square feet located at Backyard Condos, 1 Neighbourhood Lane, Toronto W07. This unit is currently sold (sold for $485K).

About Backyard Condos

Backyard Condos is located at 1 Neighbourhood Lane, Toronto W07. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Stonegate-Queensway Neighbourhood

This unit is located in Stonegate-Queensway, part of Toronto W07 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Backyard Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 502 Backyard Condos Toronto W07

Unit 502 Backyard Condos,1 Neighbourhood Lane 502, Toronto, ON M8Y 0C2 for sale, 2 bedroom residential condo & other Toronto W07, Backyard Condos condos, Toronto W07 residential condo & other sold, 1 Neighbourhood Lane, Toronto W07 real estate

✦