$1,295,000 - 18 Lower Village Gate Unit 108, Forest Hill
Condo for Sale in Forest Hill
41 days on market- MLS Number
- C13102862
- Property Type
- Condo
- Status
- active
- Days on Site
- 41
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Welcome to 18 Lower Village Gate. A community like none other where you want to live. Rarely Offered Ground Floor 2 Bedroom, 2 Bath East facing Suite With Oversized Principal Rooms, Eat-In Renovated Kitchen, Walk/Out To Private Exclusive Garden + Covered Patio Oasis Over 200 Sq. Ft. (BBQ allowed). This beautifully upgraded unit offers a perfect blend of style and comfort, featuring brand -new silhouette window blinds and sleek bathroom vanities. Every detail has been thoughtfully enhanced- This exquisite contemporary Village Gate residence offers 200+ Sq. Ft. of exclusive usage outdoor space in addition to approximately 1430 Sq. Ft. for Elegant Everyday Living. Spacious Gourmet Kitchen with top of the line stainless steel appliances and a granite island that seats 5. Incredible attention to detail. The living room is flooded w/natural light through floor-to-ceiling windows & leads to the serene patio with cedars for ultimate privacy. This is one you don't want to miss. Beautiful Space Conveys A Feeling Of Living In Your Own Luxurious Bungalow. Great Amenities Include: 24 Hr. Gatehouse Security, Outdoor Pool, Exercise Rm, Party Rm, Loads of Visitor Parking. Steps To The Subway, Forest Hill Village Shops & Restaurants, Cedarvale Ravine and Parks. Maintenance Includes ALL Utilities, Internet & Cable TV. Simply move in and start enjoying sophisticated turnkey living.
Estimate your monthly payments for this property
Estimated Payment
$5,728.22/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Forest Hill / Deer Park
Forest Hill / Deer Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Forest Hill / Deer Park
- •Convenient location in Forest Hill / Deer Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Forest Hill / Deer Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
18 Lower Village Gate Unit 108, Forest Hill / Deer Park
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $925/sqft, this property is priced in line with current Forest Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Investment Perspective
Looking at this as an investment: Forest Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.