604 - 707 Eglinton Avenue W
Forest Hill South, Toronto
$799,000
Bedrooms: 2
Bathrooms: 1
Living Area: 1,000 sqft
Price Per Sqft: $799.00
About this Condo
in Forest Hill South, Toronto
WELCOME TO THE ROYCROFT (circa 1939) a rare Art Deco gem designed by prominent architect John Edward Hoare, The Roycroft is a New York-style co-ownership building located at coveted Eglinton & Old Forest Hill Rd. From the moment you step into the lobby-and operate the charming period elevator-you know this is no ordinary residence. This treasured Art Deco Penthouse is one of only four PH suites and offers nearly 1,200 sq ft of interior living space plus an extraordinary 653 sq ft private terrace. As a corner suite, it boasts oversized windows, abundant natural light, and breathtaking views over the tree canopy of Forest Hill, nearby parks, and the city skyline. The expansive open-concept living and dining area flows seamlessly to the terrace, perfect for entertaining or quiet sunset moments. The separate kitchen is tucked to one side and filled with light from a picturesque skylight (see rendered photos for potential open-concept redesign). The oversized primary bedroom features a large window with serene elevated views. The second bedroom is generously sized with a wall-to-wall closet and has been thoughtfully used as a dual-purpose home office/bedroom with many built-in bookshelves. Unbeatable location: a short walk to the shops, services, and restaurants of The Eglinton Way, a 5-minute walk to the upcoming Chaplin subway station, plus a bus right at the front door. Monthly fees include all utilities, cable/internet, and property taxes. Parking and locker included. Financing is more readily available for co-ownerships than co-ops (see attached reference material). These large Penthouse suites in The Roycroft rarely come to market. Renovate to enhance while preserving its Art Deco charm, or create a fully custom vision.
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
| Asking Price: | Interest Rate (%): | ||
| Amortization: | |||
| Percent Down: | |||
| Down Payment: | |||
| First Mortgage: | |||
| CMHC Prem.: | |||
| Total Financing: | |||
| Monthly P&I: | |||
| * This material is for informational purposes only. | |||
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