Victoria Boscariol, Toronto Real Estate agent

30 Elm Avenue Suite 208
Just Listed For Sale SOLD

Rosedale Court Toronto Co-ownership

30 Elm Avenue Rosedale Court Toronto Co-Ownership Victoria Boscariol Chestnut Park Real Estate

Rosedale low-rise boutique building of only 38 suites. Charming 2 bedroom unit with balcony & tree-top views. Approximately 875 square feet.  Large master bedroom (currently used as an office) with dressing area & built-in closet. Reasonable maintenance fees include taxes. Steps to Sherbourne Subway, Bloor Street & Branksome Hall private school for girls.

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30 Elm Avenue Unit 208 Living Room With Walk-Out To Balcony Rosedale Toronto Victoria Boscariol Chestnut Park Real Estate
30 Elm Avenue Apartment 208 Living Room Rosedale Toronto Co-Ownerships Victoria Boscariol Chestnut Park Real Estate
30 Elm Avenue Suite 208 Dining Room Rosedale Toronto Co-Ownerships Victoria Boscariol Chestnut Park Real Estate
30 Elm Avenue Suite 208 Kitchen Overlooks Dining Room Rosedale Toronto Victoria Boscariol Chestnut Park Real Estate
30 Elm Avenue Unit 208 Kitchen Rosedale Co-Ownerships Toronto Victoria Boscariol Chestnut Park Real Estate
30 Elm Avenue Rosedale Toronto Co-Ownerships Suite 208 Master Bedroom Victoria Boscariol Chestnut Park Real Estate
30 Elm Avenue Apartment 208 Second Bedroom Rosedale Toronto Victoria Boscariol Chestnut Park Real Estate
30 Elm Avenue Unit 208 Bathroom Rosedale Court Toronto Co-Ownerships Victoria Boscariol Chestnut Park Real Estate

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Monthly maintenance fee: $709.03 covers taxes, heat, hydro, water, common elements, building insurance and parking.

Inclusions: Fridge, stove, washer, microwave, window coverings, electric light fixtures, parking & locker. Bookcases in living room. 2 mirrors & bookcases in foyer.

Approximate dimensions of locker: 4' wide X 4' deep X 8' tall


30 Elm Avenue Suite 208 Floor Plan
30 Elm Avenue Unit 208 Floor Plan Rosedale Toronto Co-ownership Apartments Victoria Boscariol Chestnut Park Real Estate

 

Features of Rosedale Court 30 Elm Avenue

30 Elm Avenue Rosedale Court Toronto Co-Ownership Apartments Victoria Boscariol Chestnut Park Real Estate

  • Low-rise building of three levels with thirty-eight suites
  • Building security system
  • Gas water heating
  • Laundry facilities located on lower level with new machines installed in 2011
  • Taxes are included in maintenance fees
  • Pets are permitted
  • Underground parking garage
  • Outdoor patio area at north east corner of building
  • Easy access to TTC with bus stop in front of building & steps to subway station

30 Elm Avenue Building Lobby Rosedale Toronto Co-Ownerships Victoria Boscariol Chestnut Park Real Estate

 

Alert me when units come up for sale at 30 Elm Avenue that meet my requirements

Find out more about the building Rosedale Court at 30 Elm Avenue

SEE MAP OF CONDOS & CO-OPS CURRENTLY AVAILABLE FOR SALE IN ROSEDALE

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SOLD 30 Elm Avenue 3 Bedroom Penthouse

I'd like to book a showing to view 30 Elm Avenue Suite 208


Understanding Co-Ownerships

A co-ownership is a form of home ownership in which several unit owners come together as registered co-owners of an undivided percentage of the whole property. Each co-owner has shared rights of the common elements of the property and the exclusive right to occupy a particular unit or suite.

Unlike a condominium, where a buyer obtains ownership to a unit by way of a deed registered on title, in a co-ownership, a buyer acquires an undivided percentage ownership in the property by way of a deed registered on title but does not own his or her unit. The buyer has exclusive occupancy rights to a specific unit as outlined in the provisions of the Co-ownership agreement.

Also, unlike a condo, a mortgage cannot be obtained on a co-ownership unit however it may be possible for a buyer to obtain financing offered through specific lenders with a minimum down payment of 35%-40%.

Like condos, the buyer or co-owner of unit is assessed their share of the common expenses paid as a monthly maintenance fee which will also includes the taxes. Co-ownerships are also governed by a Board of Directors whose members consist of co-owners but co-ownerships do not fall under the Condominium Act as they have their own by-laws, rules and articles of incorporation.

The main advantage of co-ownerships is they are often more affordable than comparable condominium units located in the same neighbourhood.

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