pin_buy1001 Roselawn Ave
1Listing for Salefor Sale
1Listing for Rentfor Rent
building_buyForest Hill Lofts
pin_buy1001 Roselawn Aveexpand addresses list
    building_buyForest Hill Lofts
    1Listing for Salefor Sale
    1Listing for Rentfor Rent
    Walkability
    6/10
    Transit
    9/10
    Bikeability
    7/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    Average
    Property Type
    Hard Loft
    Developer
    1001 Roselawn Avenue Inc
    Condo Completion
    2003
    Property Management
    ICC Property Management Toronto
    Unit Size Range
    696 - 2200 SQFT
    Number of Units
    137
    Number of Storeys
    4

    1001 Roselawn Ave, Toronto

    About this loft

    Loft Overview

    Art Deco may have reached its peak popularity in the 1920s and 30s, however, today buildings that embrace this style are desirable for their scarcity and uniqueness. With much of Toronto’s industrial architecture reflecting techniques from the Victorian era, the rarity of this type of aesthetic is just one element that draws buyers to the Forest Hill Lofts.

    Yet another enticing aspect is the location of these hard lofts. If Art Deco industrial architecture is rare in Toronto, hard lofts in midtown Toronto are in even shorter supply. Located in the Briar Hill & Belgravia neighbourhood, nearby to where the Allen meets Eglinton Avenue West, these homes stand out amongst their single-family home neighbours.

    Initially a textile factory, this authentic conversion was repurposed in 2003 before its 137 homeowners could move in. From the exterior alone, one can imagine the building at 1001 Roselawn Avenue serving its former purpose. Groups of 16 horizontally oriented windowpanes make up the majority of the façade, today hinting at the sunlit homes that lie within.

    The building dates back to 1932, constructed for Coats Paton and their textile-making endeavours. Up until 1999—long after many industrial buildings in the downtown core had closed or moved to the suburbs — the mid-rise structure operated as a factory. So what happened during the four-year gap before the structure’s industrial-to-residential reincarnation? Residents will be happy to show you, as they point out their building during movie night.

    Due to its size, developers were able to make room for common amenities in the building. While many hard loft owners make due without any extras, residents of the Forest Hill Lofts can enjoy a workout in their gym, a rest on the rooftop terrace, and even a chance to play host in the party room. What’s more, those living at 1001 Roselawn will find ample parking spaces for themselves as well as their guests.

    The Suites

    Within the 5-storey, L-shaped structure at 1001 Roselawn Avenue, the units are prototypical of any authentic loft. Unlike their neighbours, the homes show off industrial elements with pride. Exposed ductwork and concrete columns and floors are illuminated by bright sunlight beaming through expansive windows.

    The sizes of the Toronto lofts for sale at the Forest Hill Lofts may not be shocking, however they are impressive compared to their price (thanks again to their mid-town location). Floor plans range from approximately 650 to 1,100 square feet, with certain lofts comprising two levels. These multi-storey lofts feature metal staircases to enhance the industrial vibe further.

    One more advantage of the building’s former use is the need for high ceilings in factories. While room for machinery and storage was created in the early 20th century, millennial buyers living at 1001 Roselawn can now enjoy an added sense of opulence and spaciousness.

    As for outdoor areas, most residents will congregate on the shared rooftop terrace. However, a couple of lucky ones living amongst the upper storeys are granted with private rooftop spaces of their own.

    The Neighbourhood

    The Briar Hill & Belgravia neighbourhood is one in transition: it has been growing for some time now and shows no signs of slowing. With the Eglinton light-rail on its way, plus the recent surge of contemporary housing, families, older cohorts, and young professionals alike have all been gravitating toward the area in recent years.

    Those in south facing units can attest to the close proximity of the Forest Hill Lofts to sufficient green space. In fact, anyone living at 1001 Roselawn knows this to be true, as a few steps will land residents at Walter Saunders Memorial Park and the York Beltline Trail.

    Along Eglinton West, a range of businesses are prepared to suit any need. Just west of the Allen is the York-Eglinton BIA, host to an array of Latin, Caribbean, and Italian restaurants and shops. To the east, residents of the Forest Hill Lofts can find anything from casual pubs to sushi, bagels, salons, markets, and more.

    Transportation

    With the Allen right next door, car-owning residents can access the 401 in no time. From here, Pearson International Airport, the Don Valley Parkway, and neighbouring cities and towns are within reach.

    Even those without a vehicle of their own are in good shape. In just over 10 minutes, residents can walk to Eglinton West station on the University-Spadina line. And in about 20 minutes on the subway, passengers can find themselves at Union Station.

    As well, the Eglinton Crosstown LRT line is slated for completion in 2021. This route will travel both underground and aboveground, offering an ideal east-west route for those living at the Forest Hill Lofts.

    1

    Listings For Sale

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    1

    Listings For Rent

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    Amenities

    Visitor Parking
    Rooftop Deck/Garden
    Recreation Room
    Party/Meeting Room
    Security System
    BBQ
    Gym

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Forest Hill Lofts vs The Briar Hill | Belgravia Area

    $153.00
    More Expensive
    per SQFT compared to the neighbourhood average
    Forest Hill Lofts's Avg
    price per SQFT
    $909
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $756
    / SQFT

    Building Trends At Forest Hill Lofts

    Days on Market

    Units at Forest Hill Lofts spend an average of
    4
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    8%
    above
    the list price.

    Offer Competition

    Lofts in this building have a

    HIGH
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.3
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 6 condos in the Briar Hill | Belgravia area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value

    Forest Hill Lofts offers the
    ?
    best value out of 6 condos in the Briar Hill | Belgravia neighbourhood

    Return on Investment

    Forest Hill Lofts has the
    ?
    highest ROI out of 6 condos in the Briar Hill | Belgravia neighbourhood

    Rental Yield

    Forest Hill Lofts yields the
    ?
    highest rent prices out of 6 condos in the Briar Hill | Belgravia neighbourhood

    High Demand

    Forest Hill Lofts is the
    ?
    most popular building out of 6 condos in the Briar Hill | Belgravia neighbourhood

    Sales vs Rental Values For This Loft

    2 Bed930 - 1112 SQFT
    Average Cost Per Sqft$823
    Sales Price Range$814,150 - $1,000,000
    Rental Price Range$2,700 - $3,000
    2 Bed + Den1000 - 1000 SQFT
    Average Cost Per Sqft$799
    Sales Price Range$920,000 - $920,000
    Rental Price Range
    N/A

    How Often Are Units Listed?

    1 Bed696 - 1030 SQFT
    Average Sales Availability
    Every462Days
    Average Rental Availability
    Every1271Days
    Ratio of Unit Type in Building11%
    1 Bed + Den708 - 950 SQFT
    Average Sales Availability
    Every538Days
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building9%
    2 Bed874 - 1185 SQFT
    Average Sales Availability
    Every56Days
    Average Rental Availability
    Every167Days
    Ratio of Unit Type in Building72%
    2 Bed + Den980 - 1250 SQFT
    Average Sales Availability
    Every318Days
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building9%
    3 Bed
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building1%

    Maintenance Fees
    Forest Hill Lofts vs The Briar Hill | Belgravia Area

    $0.07
    Less Expensive
    per SQFT compared to the neighbourhood average
    Forest Hill Lofts's Avg
    monthly maintenance
    fee per SQFT
    $0.64
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.71
    / SQFT

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