2603 Bathurst Street | $749,000 | Sold
Imagine for a moment that you could invest in a boutique and rarely offered building in a fantastic neighbourhood for a value that is far superior to that of the neighbourhood. This 2 bedroom + 2 bath space is your answer—a perfect layout with a flow that suits any gathering of friends and family. This 1227 Sqft, main floor unit is easily accessible with no elevators necessary. The location is superb and will only improve as the LRT is completed (any day now, right!?) This is an excellent long-term investment at an acquisition price not often seen. This garden suite is set back with a view of the property and neighbourhood. Fire up the BBQ and enjoy an evening with your closest friends.
Co-Ownership. Co-Ownership apartments are rare in Toronto. In fact, there are only a few dozen – which makes them all the more unique. No board approval is needed. Amenities: Guest Suites, Gym, Media Room, Party Room, Steam Room and Sauna. Close to Beltline. Walk Score of 97%.
This garden suite is set back with a view of the property and neighbourhood. Fire up the BBQ and enjoy an evening with your closest friends.
What Do You Need To Know About Co-Ownership?
You own the percentage share of the space – so you mortgage your apartment if you wish.
An Estoppel Certificate is reviewed, just as a Status Certificate is reviewed for a condo.
You can get financing typically with 20-40% as a downpayment.
We have a list of the whos-who of co-ownership financing below.
Excellent value in Toronto. You cannot find this much square footage for the price in our city.
The great opportunity for co-ownership holders: get on the board and have everyone agree to convert the building to a condo. It will increase the value of your unit overnight by roughly 10-20%. Yes, you read that correctly.
Luminus Financial (Elsa Mueller firstname.lastname@example.org)
DUCA Financial (Alison Mason 416-485-0789 email@example.com)
TD Bank (Patti Forster firstname.lastname@example.org)
Parama Credit Union (John Moretto 416-207-1809)
About the Neighbourhood | Forest Hill
There are plenty of shops, mainly independent boutiques, that line the main shopping streets in Forest Hill. Most people go to Spadina, Lonsdale and Eglinton to satisfy their shopping needs. Though there are a number of small boutique shops, one can find less expensive stores as well. These streets are also lined with many restaurants with tastes from all over the world and other food shops.