18 Lower Village Gate PH7
Forest Hill South, Toronto, M5P 3M1
FOR SALE
$1,599,000

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Property Description
Welcome to this exquisite Penthouse suite at prestigious Village Gate! This beautifully updated suite boasts approximately 1,535 sq. ft. of luxurious living space adorned with gleaming herringbone hardwood floors. A spacious and inviting foyer with skylight welcomes you into a bright and elegant living area. The living room features a charming wood-burning fireplace and seamlessly flows into the open-concept dining room. Both spaces enjoy walk-outs to an open balcony, offering serene east-facing views.The updated kitchen is a chef's delight, showcasing granite countertops, custom white cabinetry with ample storage, and a convenient eating counter. The primary bedroom is a true retreat, featuring a large picture window, two walk-in closets, and a modernized 4-piece ensuite washroom. The well-appointed second bedroom is equally impressive with two double closets and easy access to the updated main 3-piece washroom. For added convenience, the suite includes an ensuite laundry room, two side-by-side underground parking spaces, and an out-of-suite locker. Located in a vibrant neighbourhood, you will love the proximity to Forest Hill Village with an array of nearby restaurants and shops, as well as St. Clair subway and Cedarvale Park which is a haven for nature enthusiasts. This penthouse suite offers a perfect blend of luxury, comfort, and lifestyle. Don' t miss your chance to call this stunning space home! **EXTRAS** Well-Managed Building w/Excellent Amenities: 24hr Gatehouse, Outdoor Pool, Gym, Party Rm, & Visitor Pkg. Plus, St. Clair West Subway, trails, Loblaws, LCBO, & Forest Hill Village Shops Are Just Mins Away For Added Convenience.
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Nearby Intersections
St Clair & Bathurst (31)
Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$6,459 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (Lvl A/38)
Parking 2
Owned (Lvl A/38)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Flat | 8.01' x 10.99' | Skylight, Hardwood Floor, Pot Lights |
Living | Flat | 11.32' x 21.65' | Fireplace, Hardwood Floor, W/O To Balcony |
Dining | Flat | 11.09' x 13.16' | Open Concept, Hardwood Floor, W/O To Balcony |
Kitchen | Flat | 9.15' x 13.68' | Granite Counter, Hardwood Floor, Breakfast Bar |
Prim Bdrm | Flat | 12.76' x 15.68' | W/I Closet, Hardwood Floor, 4 Pc Ensuite |
2nd Br | Flat | 11.68' x 15.68' | Double Closet, Hardwood Floor, 3 Pc Bath |
Other | Flat | 8.60' x 11.52' | Balcony, East View |
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Toronto Market Statistics
Toronto Price Trend
18 Lower Village Gate PH7 is a 2-bedroom 2-bathroom condo listed for sale at $1,599,000, which is $842,399 (111.3%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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