306 - 1387 BAYVIEW AVENUE, Toronto (Leaside), Ontario, M4G3A5

Property Description

Welcome to SAHIL (Stay At Home In Leaside). Completed in 1999, this unique boutique building with only 18 units is a Life Lease (also known as a Life Tenure) for retiring seniors. Buyers must be over 60 years of age and looking for a peaceful building. Exceptional 1+1 unit, South facing with a walkout to a private terrace. Move right into this lovely unit and enjoy a quiet lifestyle surrounded by exceptional like-minded neighbours. The kitchen boasts lots of cupboard space and a large pantry. The main living area is open concept with tons of natural light throughout and access to the terrace with a view of the Leaside homes & rooftops. The laundry room is a good size and serves as a small storage room in the unit in addition to a separate locker. The primary bdrm boasts a very large double sliding door closet & a large south facing window. The den is a great at home office space or hobby room. And there's a linen closet too. The 4 PC bathroom has a walk-in shower stall separate from the tub for your convenience. The amenities include a lounge room, an outdoor patio, communal BBQ, craftroom/workshop, TV. SAHIL is a short walk to Bayview cafes, restaurants, shops and day to day services with a TTC bus stop conveniently located at the door. NOTE: Land Transfer Tax does not apply to Life Leases which is a substantial savings. Life Lease is home ownership where a corporation owns the apartment units but leases them for the lifetime of the Buyer. Buyers purchase the right to occupy the unit until they sell. Buyer pays a monthly fee (much lower than a condo) to the corporation. This unit is well below market value and is a great deal! (id:64974)

Quick Facts

• Property Type: Other (Condo)
• Bedrooms: 2 (1 above, 1 below)
• Bathrooms: 1
• Ownership: Condo/Strata
• Parking: 1 space (Garage, Underground)

Costs

• Annual Taxes: $1,690.08
• Condo/HOA Fee: $577.10 / monthly
• Corp: Berkley Property Mgmt
• Includes: Common Area Maintenance, Water, Insurance, Parking

Listing Provided by: BOSLEY REAL ESTATE LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.