The Courtyards of Upper Forest Hill | $749,000 | Sold

Close your eyes for a moment and imagine a time when buying a property in Toronto was affordable—living in a spacious abode when two-bedroom apartments were legitimately two bedrooms, not a half bedroom and a nook for a something called a Murphy Bed or a 90s Futon.

Open your eyes, and look forward. Let the media headline go, and you can truly buy a livable space in one of Toronto’s finest neighbourhoods, Forrest Hill.

This is co-ownership, not fractional ownership; you get this wonderful 1200 square feet unto yourself. Step out onto the balcony and take in the wonderful tree-lined street views.

Want to really capitalize on your future? Convert the co-ownership into a condo corporation – this will unlock the baked-in value literally overnight.

Opportunity awaits. Welcome your future. Just say yes.

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.

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.

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.