Legacy at Herons Hill stands as a prominent fixture in Toronto's Henry Farm neighborhood, offering modern condominium living with a range of attractive amenities. This 25-storey development, completed in 2011, has quickly become a sought-after address for those seeking urban convenience coupled with a sense of community. While its location and features are certainly appealing, there's more to this property than meets the eye. As we explore the intricacies of Legacy at Herons Hill, we'll uncover the factors that make it a unique residential option and examine how it fits into the broader context of Toronto's evolving real estate landscape.
Key Facts
Legacy at Herons Hill stands as a prominent 25-storey condominium in North York, Ontario. Located at 30 Herons Hill Way, this residential development was completed in 2011 by Monarch, offering a total of 330 units to the community. The building caters to diverse living preferences with suite sizes ranging from compact 402 square feet units to more spacious 991 square feet apartments.
Current market trends indicate a dynamic real estate landscape within Legacy at Herons Hill. Sale listings in the building span from $489,999 to $699,000, providing options for various budgets. For those interested in renting, monthly rates fluctuate between $2,575 and $3,200, reflecting the property's desirability and location. The average price per square foot stands at $857, though it's worth noting a year-over-year value change of -6.6%, which potential buyers and investors should consider.
Legacy at Herons Hill distinguishes itself through an extensive array of amenities designed to enhance residents' lifestyles. The building features a well-equipped gym for fitness enthusiasts, an indoor pool for year-round swimming, and a dedicated concierge service to assist with daily needs. Social gatherings are facilitated by a party room, while guest suites offer convenient accommodations for visitors. These amenities contribute to the building's appeal, fostering a sense of community and comfort for its residents. The combination of varied unit sizes, competitive pricing, and robust amenities positions Legacy at Herons Hill as a notable option in North York's condominium market.
Building Overview
Towering above North York's skyline, the Legacy at Herons Hill stands as a prominent 25-storey condominium at 30 Herons Hill Way. Completed in 2011 by Monarch, this high-rise residential development offers a total of 330 units, catering to a diverse range of homeowners and investors.
The building's suite sizes vary from compact 402 square foot units to more spacious 991 square foot residences, accommodating different lifestyle needs and preferences. This variety in unit sizes allows for a mix of residents, from young professionals to small families.
Legacy at Herons Hill boasts an impressive array of amenities designed to enhance residents' quality of life. The property features a well-equipped gym for fitness enthusiasts, an indoor pool for year-round swimming, and a hot tub and sauna for relaxation. Social gatherings are facilitated by a party room, while a meeting room caters to professional needs. The 24-hour concierge service adds an extra layer of convenience and security for residents.
Maintenance fees at Legacy at Herons Hill average $0.92 per square foot, which is higher than the Toronto city average of $0.67. While this may impact monthly living costs, it reflects the extensive amenities and services provided to residents.
The condominium's location offers excellent connectivity, with convenient access to public transportation and major highways. Nearby shopping centers, including Fairview Mall, provide residents with easy access to retail, dining, and entertainment options. This combination of on-site amenities and strategic location makes Legacy at Herons Hill an attractive option for those seeking a modern urban lifestyle in North York.
Building Amenities
Five key amenities stand out at Legacy at Herons Hill, each designed to enhance residents' quality of life. The fully-equipped fitness centre is a cornerstone of the building's commitment to promoting an active lifestyle. Residents have access to state-of-the-art exercise equipment, allowing them to maintain their fitness routines without leaving the comfort of their home environment.
The indoor pool serves as a versatile amenity, catering to both leisure and exercise needs. Its year-round availability guarantees that residents can enjoy swimming regardless of the season, making it an invaluable feature for those who prioritize aquatic activities in their fitness regimen or simply enjoy recreational swimming.
For relaxation and wellness, the Legacy at Herons Hill offers a hot tub and sauna. These facilities provide an excellent opportunity for residents to unwind, relieve stress, and promote overall well-being. The combination of these amenities creates a spa-like atmosphere within the building, contributing to a balanced lifestyle.
Social interaction is facilitated through the inclusion of a party room and meeting room. These spaces are ideal for hosting gatherings, celebrations, and community events, fostering a sense of connection among residents. The versatility of these rooms allows for a wide range of activities, from formal meetings to casual get-togethers.
Confirming round-the-clock security and assistance, the Legacy at Herons Hill provides a 24-hour concierge service. This amenity offers peace of mind to residents, knowing that help is always available should they need it. The concierge can assist with various tasks, from receiving packages to addressing security concerns, contributing to a safe and comfortable living environment.
Maintenance Fees
Understanding the maintenance fees at Legacy at Herons Hill is essential for potential residents and investors. The condominium's fees range from $513 to $863 per month, varying based on the size of the suite. This equates to an average of approximately $0.92 per square foot, which is significantly higher than the city average of $0.67 per square foot.
These maintenance fees cover a range of amenities and services provided to residents. Included are access to the building's gym and pool, concierge services, and the upkeep of common areas. The higher-than-average fees reflect the thorough nature of these offerings and the quality of maintenance provided.
It's important for residents to be aware that maintenance fees may be subject to yearly increases or adjustments. These changes are typically based on the operating costs of the condominium, which can fluctuate over time. To gain a clearer understanding of how these fees are allocated and what future adjustments might be expected, residents are encouraged to review the condominium's financial statements.
These documents provide a detailed breakdown of maintenance fee expenditures and often include projections for future costs. By examining this information, residents can make informed decisions about their long-term financial commitments to the property. Potential buyers should factor these fees into their overall cost calculations when considering a purchase at Legacy at Herons Hill, as they represent a significant ongoing expense in addition to mortgage payments and property taxes.
Explore Neighborhood
The neighborhood surrounding Legacy at Herons Hill offers a blend of convenience, entertainment, and natural spaces, making it an attractive location for residents. Located in the Henry Farm neighborhood, this area is known for its accessibility to public transit and major highways, making commuting easy for residents. The vicinity is also dotted with essential amenities such as grocery stores, coffee shops, and restaurants, ensuring that daily needs are met with ease. For instance, Foodland and Mercator Euro Mini Mart are just a short walk away, providing residents with convenient shopping options.
For those seeking entertainment, the area offers diverse leisure activities. The Harold Green Jewish Theatre Co and Cineplex Cinemas are nearby, catering to various interests. Additionally, green spaces like Old Sheppard Park and Manor Park are within walking distance, providing residents with recreational areas for outdoor activities. This balance of urban convenience and natural spaces contributes to the neighborhood's appeal.
Key Neighborhood Highlights:
- Public Transit and Highways: Easy access to public transit and major highways facilitates commuting.
- Local Amenities: Grocery stores, coffee shops, and restaurants are readily available.
- Entertainment Options: Theaters and cinemas offer diverse leisure activities.
- Educational Institutions: Muirhead Elementary and Brian Elementary are nearby, contributing to the family-friendly environment.
Age Distribution of Residents
The Legacy at Herons Hill neighborhood in Henry Farm has a diverse age distribution, with a mix of young professionals and families. The population consists of approximately 9,098 residents, with an average household size of 2.5 individuals, indicating a blend of family units and single residents. The average individual income in the area is around $56,893, reflecting a stable and economically diverse community.
Population
You are trained on data up to October 2023. The population in the Henry Farm neighborhood, where Legacy at Herons Hill is located, is approximately 9,098 residents. This demographic snapshot provides insight into the community's characteristics.
The average individual income in the area is around $56,893, suggesting a middle-income demographic. This income level supports a diverse range of residents, from young professionals to families. The average household size in Henry Farm is 2.5, indicating a mix of families and individuals. This blend contributes to a vibrant community atmosphere.
Key population statistics include:
- Population Size: Approximately 9,098 residents.
- Average Individual Income: Around $56,893.
- Average Household Size: 2.5, reflecting a mix of families and individuals.
- Age Distribution: A significant proportion of residents are in the working-age group.
These statistics highlight the stability and diversity of the Henry Farm neighborhood, making Legacy at Herons Hill an attractive residential option.
Tenancy and Property Type
Understanding the population demographics of Henry Farm provides a solid foundation for examining the tenancy and property types within Legacy at Herons Hill. The area has a population of 9,098 with an average household size of 2.5 people, indicating a mix of families and individuals residing in the community. This demographic profile influences the tenancy and property types within the condominium.
Legacy at Herons Hill consists of 330 units spread over 25 storeys, ranging in size from 401 square feet to 991 square feet. The majority of these units are 11-15 years old, reflecting a relatively established community. The average ownership duration for residents is approximately 5.3 years, indicating a moderate turnover rate. This suggests that while there is some movement within the building, many residents choose to stay for an extended period. The community has a strong rental demand, supported by consistent rental prices, which indicates a significant proportion of tenants among the residents. This blend of long-term residents and tenants contributes to the dynamic tenancy and property types within Legacy at Herons Hill.
Average Income
Legacy at Herons Hill's residents exhibit a diverse income profile, with the average individual income in the Henry Farm neighborhood standing at approximately $56,893. This figure reflects the economic stability and financial health of the community, which is further supported by the demographic data.
- Demographic Data: The Henry Farm neighborhood has a population of 9,098 residents, contributing to a diverse community atmosphere.
- Household Size: The average household size in the neighborhood is 2.5, suggesting a mix of families and individuals residing in the area.
- Ownership Duration: The average ownership duration in the neighborhood is 5.3 years, indicating that many residents tend to stay long-term, fostering community stability.
- Age Distribution: The neighborhood's average age distribution reflects a mix of young professionals and families, contributing to a vibrant community atmosphere.
These factors collectively contribute to the financial resilience and stability of the residents in Legacy at Herons Hill, making it an attractive place for both families and individuals.
Nearby Schools
The area surrounding Legacy at Herons Hill offers a range of educational institutions that cater to different age groups and educational needs. Muirhead Public School is one of the nearest schools, with a GreatSchools rating of 3.5. Another nearby option is Brian Elementary School, which boasts a higher rating of 8.2. For secondary education, Cestar High School is also located in the vicinity, providing families with an extensive educational pathway for their children.
While the immediate area may not have highly-rated schools within walking distance, there are still options available for families. Local community centers and resources may also offer additional support for families seeking educational opportunities for their children. This is particularly important given the average household size in the neighborhood is 2.5, indicating a potential demand for family-friendly educational facilities.
Despite the limited number of highly-rated schools nearby, the area still provides a variety of educational choices. Families can explore these options to find the best fit for their children's needs. The presence of schools such as Muirhead Public School and Cestar High School guarantees that families have access to a range of educational institutions, making the area around Legacy at Herons Hill a viable option for those prioritizing education.
Legacy's Unique Architectural Design
High-rise living meets modern design at Legacy at Herons Hill, where a striking 25-storey tower is complemented by an attached 5-storey low-rise residential building, creating a dynamic architectural silhouette in the North York skyline. This development, completed in 2011 by Monarch, showcases modern designs with suite sizes ranging from 402 to 991 sqft, catering to a variety of lifestyle needs.
The ground level of the development is designed to incorporate retail shops, enhancing the community feel and convenience for residents. Each suite within the building is designed with high-quality finishes and energy-efficient layouts, reflecting contemporary living standards. The architectural layout of the Legacy emphasizes both aesthetic appeal and functionality, providing residents with amenities like a fitness center, indoor pool, and 24-hour concierge service.
Key features of Legacy at Herons Hill's unique architectural design include:
- Modern High-Rise Design: A 25-storey tower that stands out in the North York skyline.
- Attached Low-Rise Building: A 5-storey low-rise residential building that complements the high-rise tower.
- Suite Sizes and Finishes: Suites range from 402 to 991 sqft, featuring high-quality finishes and energy-efficient layouts.
- Ground-Level Retail and Amenities: Retail shops at the ground level and amenities such as a fitness center, indoor pool, and 24-hour concierge service enhance the living experience.