ARBOUR GLEN / ROSEDALE
ARBOUR GLEN CO-OPERATIVE / 16 ROSEDALE ROAD
What residential typology in Toronto will provide everything that is essential?
These buyers chose the no compromise route: great location, bright space, just the number of square feet they were after, at a price that allowed for the custom architectural renovation that ensued.
They accomplished this by entertaining the least understood, relatively under valued housing form in Toronto: the co-op. Many buyers rule this housing form out for good reason - financing them can be difficult. With ownership in the form of co-op shares as oppose to the physical suite itself, banks require much more cash down than usual.
That said, if you are an all-cash buyer who plans to reside in your property (and doesn't mind socializing while doing laundry in a common area), be sure to keep the co-op in mind. Pound for pound, it is the best housing value this city has to offer.
FOR A POST RENOVATION VIEW: