604 - 707 Eglinton Avenue W
Forest Hill South, Toronto
$849,000
Bedrooms: 2
Bathrooms: 1
Living Area: 1,800 sqft
Price Per Sqft: $471.67
About this Condo
in Forest Hill South, Toronto
WELCOME TO THE ROYCROFT! In the last years of the Art Deco period, prominent Architect John Edward Hoare designed The Roycroft (1939). A New York style co-ownership Art Deco building at Eglinton & Old Forest Hill Rd. The minute you step into the lobby you know this isn't just any building. The elevator requires you to "open the door when the light comes on". This Art Deco treasured Penthouse is a corner suite (only 4 per flr) nearly 1200 SF interior living space with an expansive open concept living & dining area, oversized windows & walk-out to a splendid 653 SF terrace overlooking a canopy of Forest Hill homes, parks and our City's skyline, it's breathtaking! The separate kitchen is tucked to one side with lots of natural light thx to the skylight & a swinging door to the dining area. A true testament to Art Deco of the 20s & 30s! The oversized primary bdrm boasts a large window w/beautiful north view and a walk/in closet. The 2nd bdrm is also a good size with wall-to-wall closets and a window. This room was used as dual purpose home office/bdrm and includes built-in bookshelves. The Roycroft is a short walk to the shops, services & restos of "theeglintonway.com". The soon to be Chaplin subway station is a 5 min walk & there's a bus right at the front door. Financing is more readily available for co-ownerships than co-ops see attached reference material. The monthly maintenance fees cover all utilities including cable/internet and property taxes. This suite comes with parking & locker. These large PH suites rarely come on the market and the buyer for this incredible part of history may want to renovate it while maintaining the integrity of its art deco charm or go with a custom decor. A similar sized PH was totally renovated and sold in its sister building The Crofton for just under $2.5M in 2022!
Listed by BOSLEY REAL ESTATE LTD..
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
|
| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| Amortization: | |||
| Percent Down: | |||
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| First Mortgage: | |||
| CMHC Prem.: | |||
| Total Financing: | |||
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| * This material is for informational purposes only. | |||
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