18 Lower Village Gate Unit 602, Toronto C03

Price: $1,695,000

2 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Condo

MLS#: C13413598

Rarely available corner suite in one of the area's most sought-after buildings. Offering over 2,000 square feet of beautifully proportioned living space plus a private balcony, this expansive residence is among the largest units in the building. Enjoy spectacular sunset views from the desirable north-west exposure, filling the home with natural light throughout the day. The generous floor plan features two spacious bedrooms, two full bathrooms, and large principal rooms ideal for both everyday living and entertaining. Additional highlights include two parking spaces, an oversized locker, and exceptional storage throughout. A unique opportunity to own a substantial, light-filled suite with impressive views and outstanding convenience in a premier location.

18 Lower Village Gate Unit 602 - Condo photo 1 of 24 in Forest Hill / Deer Park, Ontario
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New Listing
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$1,695,000 - 18 Lower Village Gate Unit 602, Forest Hill

Condo for Sale in Forest Hill

New — Listed 2 days ago
2Beds
2Baths
2,000 - 2,499Sq Ft
Condo
Property Details
MLS Number
C13413598
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Forest Hill / Deer Park
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Rarely available corner suite in one of the area's most sought-after buildings. Offering over 2,000 square feet of beautifully proportioned living space plus a private balcony, this expansive residence is among the largest units in the building. Enjoy spectacular sunset views from the desirable north-west exposure, filling the home with natural light throughout the day. The generous floor plan features two spacious bedrooms, two full bathrooms, and large principal rooms ideal for both everyday living and entertaining. Additional highlights include two parking spaces, an oversized locker, and exceptional storage throughout. A unique opportunity to own a substantial, light-filled suite with impressive views and outstanding convenience in a premier location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,497.56/mo

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5-yr fixed avg.

Principal: $1,356,000Interest: $893,267
Mortgage Amount$1,356,000
Total Interest$893,267
Est. Property Tax$1,201/mo
Total Cost$2,249,267

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.

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Neighbourhood Guide: Forest Hill / Deer Park

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

18 Lower Village Gate Unit 602, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$1,300
Property Tax (est.)-$1,201
Insurance (est.)-$353
Net Cash Flow+$306

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $848/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Forest Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $7,063 (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.

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    18 Lower Village Gate Unit 60… — $1,695,000 | Battaglia Team