About Leaside Park Terrace
Leaside Park Terrace is a 7-storey mid-rise residential building developed by Invar Building Corporation and completed in 1998. Located in the heart of Leaside at M4H 1R1, this 144-unit building offers a stable presence in one of Toronto's most sought-after residential neighbourhoods. With one unit currently for sale and another available to rent at around $3,300 per month, the building remains active in both the ownership and rental markets.
Leaside Park Terrace sits in a neighbourhood known for tree-lined streets, excellent schools, and easy access to the Leaside shopping district. The area has good transit connections via the 54 and 41 streetcars, and you're within walking distance of Laird Drive's restaurants and services. This location appeals to families and professionals seeking a quieter residential setting while staying connected to central Toronto.
Frequently asked questions
What type of building is Leaside Park Terrace?
Leaside Park Terrace is a 7-storey mid-rise condominium building completed in 1998 by Invar Building Corporation. The building contains 144 units in total, making it a substantial but human-scaled presence in the Leaside neighbourhood. Built in the late 1990s, it reflects the design sensibilities of that era while offering the durability of a well-maintained concrete structure. The mid-rise format provides a good balance between density and neighbourhood character, fitting naturally into Leaside's predominantly low-rise residential fabric. Units range around 1,050 square feet on average, with two-bedroom configurations being typical for the building.
What's the neighbourhood like around Leaside Park Terrace?
Leaside is one of Toronto's most established residential neighbourhoods, known for mature trees, heritage homes, and strong community cohesion. Leaside Park Terrace sits within walking distance of Laird Drive, where you'll find independent shops, cafes, and services that give the area a local feel. Transit access is solid: the 54 and 41 streetcars connect you to the Yonge Street corridor and broader TTC network, while Bayview Avenue provides another transit artery. The neighbourhood has excellent schools, parks including Leaside Park itself, and proximity to the Don Valley. It's a quieter, more established part of Toronto without being remote from downtown or employment centres.
What should buyers and renters know about living in Leaside Park Terrace?
Units in this building average around 1,050 square feet and typically feature two bedrooms, making them suitable for small families, couples, or professionals. Current rental rates sit around $3,300 per month, reflecting the area's desirability. Before purchasing or leasing, ask about current maintenance fees, which are standard in a 1998-era mid-rise, and inquire about the building's recent capital investments and reserve fund status. Pet policies vary and should be confirmed directly with the building. Given the building's age and mid-rise format, ask about parking availability, locker storage, and whether amenities like a fitness centre or common space exist. The Leaside location itself is a strong draw for those who want walkability to neighbourhood shops and schools without the intensity of downtown living.