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    PH7 - 18 Lower Village Gate

    For SaleVillage Gate
    $1,599,000
    2 Beds
    2 Bath
    2 Parking
    1,535 SQFT
    2 Days on Strata
    Est Sell Timeframe
    43 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $2,212/mth
    Taxes:
    $6,459 (2024)
    Cost Per Sqft:
    $1,042/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    30 days/TBA
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Skylight, Hardwood Floor, Pot Lights
    10.99 x 8.01ft
    Living
    Fireplace, Hardwood Floor, Walkout To Balcony
    21.65 x 11.32ft
    Dining
    Open Concept, Hardwood Floor, Walkout To Balcony
    13.16 x 11.09ft

    About this Listing

    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!

    ExtrasWell-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.

    sotheby`s international realty canadaMLS® #C11909951


    Amenities

    Indoor Parking
    Visitor Parking
    Rec Room
    Outdoor Pool
    Party Room
    Sauna

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,192
    Average Individual Income
    $60,292
    Average Household Size
    3 persons
    Average Age
    40
    Average Household Income
    $111,861
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    17%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    49%
    Low Rise Apartment
    15%
    High Rise Apartment
    15%
    Semi Detached
    12%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    57%
    Mandarin
    14%
    Cantonese
    11%
    Other
    10%
    Tagalog
    3%
    Tamil
    3%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    18%
    College
    17%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Humanities
    7%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Village Gate vs The Forest Hill South Area

    Days on Strata

    Units at Village Gate spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Forest Hill South

    Turnover of Units

    On average, each unit is owned for
    17.6
    YEARS before being sold again

    Property Value

    10%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 23 condos in the Forest Hill South area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Village Gate offers the
    ?
    best value out of 23 condos in the Forest Hill South neighbourhood

    Appreciation Rank

    Village Gate has the
    ?
    highest ROI out of 23 condos in the Forest Hill South neighbourhood

    Rental Yield

    Village Gate yields the
    ?
    highest rent prices out of 23 condos in the Forest Hill South neighbourhood

    High Demand

    Village Gate is the
    ?
    most popular building out of 23 condos in the Forest Hill South neighbourhood

    Transaction Insights at 18 Lower Village Gate

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$1,275,018 - $1,475,000$1,749,000
    Avg. Cost Per SqftNo DataNo Data$937$994
    Avg. Wait for Unit AvailabilityNo DataNo Data126 Days540 Days
    Ratio of Units in Building4%4%79%16%

    Transactions vs Inventory

    Total number of units listed and sold in Forest Hill South