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Buying a condo in Rosedale

What more can a prospective buyer want than curvy, tree-lined streets, a ravine system, and a handful of local celebrities as neighbours? While the condos for sale in Rosedale may not suit those with tight budgets, this is one of the most desirable neighbourhoods in Toronto.

Not only is Rosedale posh as far as Toronto neighbourhoods go, but it also happens to be one of the wealthiest neighbourhoods in the country. The average income is over $200,000 in Rosedale – one of the highest in the entire city.

Named for wild roses that once grew in the area, Rosedale is still filled with a greater-than-average amount of flora and fauna. Thanks to the three ravines that intersect the Rosedale neighbourhood and its curved, dead-end streets, through traffic is also kept to a minimum. Plus the abundance of trees in the neighbourhood provides a natural insulation for noise, making Rosedale a quiet and serene place to live.

Geographically speaking, Rosedale is a sizeable — and largely residential — neighbourhood situated northeast of Yorkville and west of the Don River. The neighbourhood reaches to the CPR railway line to the north, Rosedale Valley Road to the south, Yonge Street to the west, and Bayview to the east.

In addition to its notable residents, Rosedale is also home to some noteworthy architecture. Many of the Georgian, Tudor, Victorian, and Edwardian single-family homes in the neighbourhood date back to early 20th century, while some farmhouses were even built back in 19th century. The White House of Toronto — the residence of the president of the University of Toronto — is one of the area’s most notorious homes, as 93 Highland contains 32 rooms and sits on a plot of land that spans 3.5 acres.

Then there’s the Integral House at 194 Roxborough Drive, a home so illustrious a documentary was made to highlight its unique architectural features. Built by mathematician and violinist James Stewart, the design of the home was influenced by his love for both music and math, and has since been the recipient of many awards.

Even the LCBO on Yonge Street is an architectural treasure. While other locations are placed in ordinary-looking edifices, this LCBO is resides within the former North Toronto Station, which was once used by the Canadian Pacific Railway. The building is hard to miss, with its Beaux Arts-style façade, and complete with a clocktower, although not all customers are aware of the building’s history. Last but not least is the Studio Building, a heritage building constructed in 1914. The Studio Building was formerly used as a studio by members of the Group of Seven, including Lawren Harris, A.Y. Jackson, and Tom Thompson, to name a few.

Condo Life in Rosedale

Although the single-family homes in the neighbourhood can be particularly large, those interested in condos for sale in Rosedale will quickly find that some of the most desirable buildings are the tiniest. A unique feature of Rosedale is the abundance of boutique condos – some of which contain as few as four units. The Capt Samuel Crangle House at 35 Rosedale Road is basically a single-family home that acts like a condo, with only four suites inside.

Just six homes comprise The Fudger Mansion at 40 Maple Avenue, a Queen Anne revival-style estate that once housed only one family. The estate was originally built by H.H. Fudger in 1897, only for the property to be purchased by the city after Fudger’s death. 40 Maple Avenue has changed hands a few times since its construction, but most recently it was given contemporary updates — including the addition of underground parking and central air — and transformed into luxury condos in the early 2000s.

Alternatively, there are plenty of condos for sale in Rosedale for those who want to live as close as possible to the subway. For example, Two Roxborough East is situated right at Roxborough and Yonge, and contains suites that range from around 800 to 2,500 square feet. With only 35 units in the building, however, those tempted by Two Roxborough East’s elegant use of marble, granite, and hardwood will have to act fast, should a unit appear on the market.

Transportation

With Yonge and Bloor acting as two of the neighbourhood’s borders, residents living in Toronto condos for sale here can get around the city with ease — even without a car. Those living closer to Yonge can hop onto northbound or southbound trains at Summerhill or Rosedale Station, from which they can reach the downtown core in no time. Bloor-Yonge, Sherbourne, and Castle Frank Stations are all close at hand as well, allowing passengers to travel east and west along the Bloor-Danforth line.

Those who prefer to drive, on the other hand, also can’t go wrong with purchasing a condo for sale in Rosedale. Bayview and Jarvis are great options for zipping down to the south end of the city, while those heading north may want to use Mount Pleasant or even the Don Valley Parkway.

Rosedale Overview

The Locals: Wealthier than most.

Code of Conduct: Zooming down Rosedale Valley Road in a sports car is a perfectly acceptable way to enjoy the neighbourhood’s natural landscape.

What You’ll Find: Picturesque, winding roads.

What You Won’t Find: Noise pollution.

The Homes: Impressive, to say the least.

Sealing the Deal: The chance to live in one of the most desirable neighbourhoods in the country.