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    Forest Hill Lofts
    by 1001 Roselawn Avenue Inc

    1001 Roselawn Avenue

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    4
    Number of Units:
    137
    Condo Completion:
    2003
    Condo Demand:
    High
    Unit Size Range:
    696 - 2,200 SQFT
    Unit Availability:
    Medium
    Property Management:
    ICC Property Management Toronto

    Listing History for Forest Hill Lofts

    Amenities

    Gym Room
    Rooftop Deck
    Visitor Parking
    Party Room
    BBQ
    Rec Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1001 Roselawn AvenueForest Hill Lofts

    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.

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    Nearby Amenities

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

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

    Population
    14,584
    Average Individual Income
    $57,553
    Average Household Size
    0 persons
    Average Age
    4
    Average Household Income
    $87,839
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    69%
    Detached
    18%
    Semi Detached
    5%
    Low Rise Apartment
    4%
    Duplex
    2%
    Marital Status
    Commute
    Languages
    Mandarin
    11%
    Cantonese
    8%
    Tamil
    2%
    English
    33%
    Indigenous Language
    34%
    Other
    12%
    Education
    High School
    22%
    Apprenticeship
    2%
    University and Above
    42%
    College
    15%
    University Below Batchelor
    3%
    None
    13%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    11%
    Architecture & Engineering
    18%
    Humanities
    5%
    Physical Sciences
    4%
    Math & Computer Sciences
    11%
    Social Sciences
    10%
    Education
    3%
    Visual & Performing Arts
    2%
    Business Management
    28%

    Price Trends

    Building Trends At Forest Hill Lofts

    Days on Strata

    Units at Forest Hill Lofts spend an average of
    12
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    6%
    above
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.4
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 8 condos in the Briar Hill | Belgravia area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Forest Hill Lofts offers the
    ?
    best value out of 8 condos in the Briar Hill | Belgravia neighbourhood

    Appreciation Rank

    Forest Hill Lofts has the
    ?
    highest ROI out of 8 condos in the Briar Hill | Belgravia neighbourhood

    Rental Yield

    Forest Hill Lofts yields the
    ?
    highest rent prices out of 8 condos in the Briar Hill | Belgravia neighbourhood

    High Demand

    Forest Hill Lofts is the
    ?
    most popular building out of 8 condos in the Briar Hill | Belgravia neighbourhood

    Transaction Insights at 1001 Roselawn Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$800,000$890,000$780,000 - $900,000$875,000No Data
    Avg. Cost Per Sqft$727$960$835$795No Data
    Avg. Wait for Unit Availability500 Days368 Days61 Days313 DaysNo Data
    Ratio of Units in Building9%9%72%9%1%

    Maintenance Fees

    Forest Hill Lofts vs The Briar Hill | Belgravia Area

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