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Welcome to this remarkable Apartment co-ownership apartment located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $749,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
WELCOME TO THE ROYCROFT (circa 1939) a rare Art Deco gem designed by prominent architect John Edward Hoare, The Roycroft is a New York-style co-ownership building located at coveted Eglinton & Old Forest Hill Rd. From the moment you step into the lobby-and operate the charming period elevator-you know this is no ordinary residence. This treasured Art Deco Penthouse is one of only four PH suites and offers nearly 1,200 sq ft of interior living space plus an extraordinary 653 sq ft private terrace. As a corner suite, it boasts oversized windows, abundant natural light, and breathtaking views over the tree canopy of Forest Hill, nearby parks, and the city skyline. The expansive open-concept living and dining area flows seamlessly to the terrace, perfect for entertaining or quiet sunset moments. The separate kitchen is tucked to one side and filled with light from a picturesque skylight (see rendered photos for potential open-concept redesign). The oversized primary bedroom features a large window with serene elevated views. The second bedroom is generously sized with a wall-to-wall closet and has been thoughtfully used as a dual-purpose home office/bedroom with many built-in bookshelves. Unbeatable location a short walk to the shops, services & restos of "theeglintonway.com". Steps from the Beltline Trail, a shady urban oasis for walkers and cyclists, which connects to city bike routes and the Don Valley trail system. The new Chaplin LRT underground station is a 5 min walk & there's the bus right at your door. As in all co-ownerships, the monthly fee covers all utilities including cable/internet as well as property taxes. Parking and locker included. These large Penthouse suites in The Roycroft rarely come to market. Renovate to enhance while preserving its Art Deco charm, or create a fully custom vision. NOTE: Board approval is required to install ensuite laundry. Ensuite laundry is possible with the appropriate setup.
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Data-driven valuation for 707 Eglinton Avenue W 604, Toronto C03, ON M5N 1C8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $749,000 in Toronto, the legal minimum down payment is $49,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,455 also applies, bringing the total estimated land transfer taxes to $22,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.