Done Deals: Large Forest Hill Condo Sells Quickly

350 Lonsdale Rd., No. 612                                               
ASKING PRICE: $838,000
SELLING PRICE: $838,000
PREVIOUS SELLING PRICE: $581,000 (2008)
TAXES: $4,056 (2014)
DAYS ON THE MARKET: Two
LISTING AGENT: Elli Davis, Royal LePage Real Estate Services Ltd.

Published in the Globe and Mail July 16, 2015

The Action: Forest Hill condominiums were a hot commodity this spring with local downsizers, so this designer’s own suite at The Lonsdale residence sold quickly after 10 showings.

What They Got: In 2008, key areas of this 1,407-square-foot space were remodelled, including the two bathrooms and a kitchen with an island, glass tile backsplashes and hardwood floors.

One of three carpeted bedrooms was opened up to create a den off a dining area and entertaining space along a wall of windows and sliding balcony doors.

A locker and parking round out the package. Monthly fees of $1,507 pays for utilities and cable, and common areas such as a rooftop deck and indoor pool.

The Agent’s Take: “That was a two-bedroom and den, originally a three-bedroom, which are increasingly hard to find in the city,” says agent Elli Davis. “It had also been renovated beautifully by the owner.”

The 44-year-old mid-rise – which Ms. Davis once resided in with her parents in the 1970s – also has a solid reputation.

“A lot of people like the older buildings because they’re well managed, have good reserve funds and space, which is key compared to the little matchboxes they’re building today,” she says.

“It’s right near Forest Hill Village, the subway, it’s a very high demand area, and it has a big party room on the main floor, 24-hour security, so it really has all the facilities someone would want.”


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