ASSIGNMENT EXCLUSIVE - ASKING $850,000
2 BEDROOMS 1 BATHROOM
Leaside Commons - A Rare Assignment Opportunity!
Leaside Common by award winning developer, Gairloch, is a 9-storey 196-unit boutique condo that is going to be on the south-west side Bayview and Eglinton, right across the street from the new LRT station, with expected occupancy in 2025. Suite sizes range from mid 300sqft – 2253 sqft, with a select number of two-storey penthouse units.
At Gairloch, design and thoughtful execution are fundamental to their award-winning approach. They’ve received awards such as BILD’s project of the year as well as Toronto Urban Design Award of Excellence. The founder and president of Gairloch is Bill Gairdner. Prior to founding Gairloch, he spent six years at Freed Developments where he played a key role in a series of mid-rise, city-core projects that won accolades and awards for their innovative style and quality construction.
Additional information
Possession | Projected Occupancy Fall 2025
Property Taxes | Approx 1% of purchasing price. Subject to adjustments.
Size | 744 sq ft + 43 sq ft balcony
Maintenance Fees | $0.64/sqft (Exclude hydro & water) + smart home feature and high speed wifi $48.95/m
Parking & Locker | None
Mechanics | Central AC and Gas Heating
Inclusions | Includes s/s fridge, dishwasher, stove, washer, & dryer. All Light Fixtures.
Exclusions | None.
The Math
Original Purchase Price | $977,900 CAD
Asking Price | $850,000 CAD
Deposit Paid To Builder | $293,370
Deposit Due On Occupancy 5% | $42,375
Capped Development Charges | $17,900
Co-op | 2.5% + HST
COLOUR SELECTION
About the Neighbourhood | Mount Pleasant East
Mount Pleasant East has a consistent population, and is popular with highly educated people, families with kids under 5, families with kids aged 5 to 9, people in their 30s, people in their 40s, and people in their 50s. Mount Pleasant East is located in midtown Toronto north of Mount Pleasant Cemetery. Most of the homes in the area were built during the first half of the 20th century, but in recent years, the area has seen an increasing amount of new development. Residents enjoy quick access to the many amenities and services located near Yonge and Eglinton.
1734 Bayview Avenue
Walker’s Paradise
