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    602 - 19 Lower Village Gate

    For SaleVillage Gate II Condos
    $2,400,000
    2 Beds
    2 Bath
    2 Parking
    2,000 SQFT
    57 Days on Strata
    Est Sell Timeframe
    22 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $2,632/mth
    Taxes:
    $7,129 (2024)
    Cost Per Sqft:
    $1,200/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South West
    Possession Date:
    September 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Living
    Hardwood Floor
    25 x 19.59ft
    Dining
    Hardwood Floor, Walkout To Terrace
    14.99 x 12.01ft
    Kitchen
    Hardwood Floor, Walkout To Terrace
    12.99 x 9.68ft

    About this Listing

    Once In A Lifetime Opportunity To Purchase Probably The Most Desirable Layout And Location Unit In Lower Village Gate, A Highly Sought After Gated Community Located At The Heart Of Vibrant Lower Forest Hill Village, That Enjoys Easy Access To The Highway Network And Is Just Steps From The TTC On Lonsdale. At Just Over 2,000 Square Feet, With Uninterrupted Views Over The Ravine, This Recently Updated, And Designer Decorated 2 Beds, 2 Bath Unit Offers Highly Flexible Accommodation That Includes Kitchen/Family Rooms, Dining Room And Sitting Room, All Accessed Through A Gallery Hallway. Primary Bedroom & A New 4pc En-Suite Bath, With Extensive Built-In Storage Units, Fitted Walk-In Closet, And California Shutters. Second Bed With Fitted Closet And California Shutters. Separate 3pc Bath Show Stopping Living Room, With Wide Open Views Across Both The Ravine And The Courtyard, With Recessed Lighting Built-Ins And Automated Blinds. 2 Parking Spaces And A Massive Storage Locker.

    psrMLS® #C9295703


    Amenities

    Security System
    Visitor Parking
    Indoor Parking
    Gym Room
    Concierge
    Party Room

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

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    Demographics

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

    Population
    7,192
    Average Individual Income
    $60,292
    Average Household Size
    3 persons
    Average Age
    40
    Average Household Income
    $111,861
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    17%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    49%
    Low Rise Apartment
    15%
    High Rise Apartment
    15%
    Semi Detached
    12%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    57%
    Mandarin
    14%
    Cantonese
    11%
    Other
    10%
    Tagalog
    3%
    Tamil
    3%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    18%
    College
    17%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Humanities
    7%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Village Gate II Condos vs The Forest Hill South Area

    Days on Strata

    Units at Village Gate II Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Forest Hill South

    Turnover of Units

    On average, each unit is owned for
    19.3
    YEARS before being sold again

    Property Value

    -23%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 23 condos in the Forest Hill South area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Village Gate II Condos offers the
    ?
    best value out of 23 condos in the Forest Hill South neighbourhood

    Appreciation Rank

    Village Gate II Condos has the
    ?
    highest ROI out of 23 condos in the Forest Hill South neighbourhood

    Rental Yield

    Village Gate II Condos yields the
    ?
    highest rent prices out of 23 condos in the Forest Hill South neighbourhood

    High Demand

    Village Gate II Condos is the
    ?
    most popular building out of 23 condos in the Forest Hill South neighbourhood

    Transaction Insights at 19 Lower Village Gate

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$971,500$1,650,000No Data
    Avg. Cost Per SqftNo Data$939$1,015No Data
    Avg. Wait for Unit AvailabilityNo DataNo Data161 DaysNo Data
    Ratio of Units in Building4%2%87%8%

    Transactions vs Inventory

    Total number of units listed and sold in Forest Hill South