40 Glen Road – 2 Bedroom Rosedale Co-op Apartment for Sale

 

40 Glen Road Unit 307

Listed at $309,900

This spacious, 2 bedroom, 2 bathroom unit with huge balcony is located in Rosedale.  The balconies have just been redone.  Close to the subway and downtown, this unit is great value for the location! Click on the link below for the Google Map:
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This unit is located on the top floor, and is a bright sunny corner unit overlooking the Rosedale Valley Ravine and Gardens.

Living Room

Dining Room

Kitchen

With large principal rooms, this is an established, quiet building.  This unit has been recently updated and has 2 Bedrooms, a galley kitchen, hardwood parquet floors & 2 Bathrooms. 

Bedroom 1

Second Bedroom

Ensuite

Main Bathroom

One block to Bloor Subway station, laundry facilities outside the door of the unit – for owners use at no charge.

This is a co-op unit, and as such it has different requirements to purchase than a condo.  There is a larger down payment required, and any purchaser needs approval from the board of directors. 

What is a co-op?  When you purchase a condo, you’re buying the unit itself and sharing the common facilities with all the other owners.  Your maintenance fee will include upkeep for the common areas and may or may not include your utilities.  There is a condo board which makes decisions on things like upgrades and security, and makes sure the condo meets all of the requirements of the condominium act.

When you purchase a co-op, you are buying shares in the building for the right to occupy a unit.  As a member of the co-op, you have voting rights regarding the building’s operation.   If you’d like more details, you can find them at:

Information on Co-Ops from CMHC

Have more questions?  Call us at 416-465-4545!