Nestled in Toronto's Downsview neighborhood, Westmount Condos at 2737 Keele St offers a blend of urban convenience and community living. This mid-rise development, completed in 2006, has become a stable residential option for those seeking a balance between city life and suburban comfort. With its range of amenities and strategic location, Westmount Condos presents an intriguing prospect for potential homeowners and investors alike. However, as with any property investment, there are various factors to evaluate beyond the surface appeal. What lies beneath the facade of this established condominium complex, and how does it truly measure up in Toronto's competitive real estate market?

Key Facts

The Westmount Condos stand as a prominent mid-rise development in North York, Toronto. Completed in 2006, this 10-story building offers 238 units, catering to a diverse range of residents seeking modern urban living. Located at 2737 Keele Street, Westmount Condos combines affordability with desirable amenities and a convenient location.

The property features a wide array of suite sizes, ranging from compact 405 square foot units to spacious 1699 square foot residences. With an average price per square foot of $540.73, Westmount Condos represents one of the most cost-effective options in the North York area, making it an attractive choice for first-time buyers and investors alike.

Monthly maintenance fees at Westmount Condos are set at $567, which covers essential services including common elements, heat, hydro, building insurance, and water. This all-encompassing fee structure helps residents manage their living expenses more effectively.

The building boasts an impressive selection of amenities designed to enhance residents' quality of life. These include a well-equipped gym for fitness enthusiasts, an indoor pool for year-round swimming, a relaxing sauna, a party room for social gatherings, guest suites for visiting friends and family, and 24-hour security services for peace of mind.

Westmount Condos' location is another significant advantage, offering easy access to public transportation, grocery stores, restaurants, and green spaces. This proximity to essential services and recreational areas contributes to a vibrant community lifestyle, allowing residents to enjoy the best of urban living while maintaining a sense of neighborhood connectivity.

Building Overview

Westmount Condos, a mid-rise development completed in 2006, stands as a notable residential option in North York's Downsview neighborhood. Located at 2737 Keele Street, this 10-story building offers 238 residential units, catering to a diverse range of living preferences. The structure's design and amenities reflect a commitment to modern urban living, providing residents with a comfortable and convenient lifestyle.

The building's suite sizes vary considerably, ranging from 405 to 1,699 square feet. This diversity allows the Westmount Condos to accommodate various living situations, from singles and couples to small families. The monthly maintenance fee of $567 covers essential services, including:

  1. Common element maintenance
  2. Utilities (heat, hydro, and water)
  3. Building insurance
  4. 24-hour security services

Residents of Westmount Condos enjoy access to a range of on-site amenities designed to enhance their quality of life. The building features a fully-equipped gym for fitness enthusiasts, an indoor pool for year-round swimming, and a sauna for relaxation. Additionally, a party room is available for social gatherings and events, fostering a sense of community within the building.

The Westmount Condos' location in the Downsview neighborhood offers considerable advantages for commuters. With convenient access to public transportation and nearby highways, residents can easily navigate the city for work or leisure. This strategic positioning, combined with the building's modern amenities and varied suite options, makes Westmount Condos an attractive choice for those seeking a well-rounded urban living experience in North York.

Building Amenities

With a focus on enhancing residents' quality of life, Westmount Condos offers an extensive suite of amenities designed to cater to various lifestyle needs. The building features a well-equipped gym and exercise room, providing residents with convenient access to maintain their fitness routines without the need for external gym memberships.

For those who enjoy aquatic activities, the indoor pool offers a perfect environment for relaxation and exercise, regardless of weather conditions. The property also boasts a party room designed for social gatherings, allowing residents to host events and connect with their neighbors in a dedicated space.

Westmount Condos goes above and beyond by providing guest suites, ensuring visitors have comfortable accommodations during their stay. A meeting room is available for professional or personal use, offering a versatile space for various purposes. The inclusion of a parking garage adds to the convenience, providing secure parking for residents and their guests.

Safety is a top priority at Westmount Condos, with security features such as a security guard and an enter phone system in place. These measures contribute to the overall peace of mind and well-being of all residents.

The property's location is another significant advantage, with easy access to public transportation and nearby highways. This accessibility simplifies commuting for residents, whether they rely on public transit or prefer to drive.

Maintenance Fees

Transparency in financial obligations is vital for potential and current residents of Westmount Condos. At 2737 Keele St, the monthly maintenance fee is set at $567, which covers a thorough range of essential services. This fee encompasses common element maintenance, heat, hydro, building insurance, and water, ensuring that residents can enjoy a worry-free living experience.

It's important to note that maintenance fees can vary based on the size and type of the condo unit. However, given the amenities offered, the current fee structure is considered competitive compared to other condos in the North York area. This competitive pricing, coupled with the range of services provided, makes Westmount Condos an attractive option for those seeking value for their investment.

The average ownership duration of approximately 6.1 years for units in the building indicates a stable living environment. This stability can be attributed to several factors, including:

  1. Thorough coverage of essential services
  2. Competitive pricing of maintenance fees
  3. Well-maintained common elements and building infrastructure
  4. Efficient management of resources and services

For prospective buyers and current owners alike, understanding the breakdown of maintenance fees is vital for financial planning. The transparency in fee structure and the competitive pricing contribute to the overall appeal of Westmount Condos. By providing a clear outline of what the maintenance fees cover, residents can make informed decisions about their living arrangements and long-term financial commitments. This approach to financial management helps foster a sense of community and trust among residents, contributing to the overall stability and satisfaction within the building.

Explore Neighborhood

The neighborhood surrounding Westmount Condos at 2737 Keele Street offers a unique blend of convenience, accessibility, and natural beauty. Residents can enjoy a variety of dining options within a short walking distance, including popular chains like Swiss Chalet and Pizza Pizza, as well as local bars such as Peter Gs Bar And Grill. For everyday grocery needs, Metro and Btrust Supermarket are conveniently located nearby, ensuring that residents have easy access to essential amenities.

In addition to these conveniences, the area is also home to several educational institutions, including Madonna Catholic Secondary School and Downsview Secondary School. This makes the neighborhood particularly appealing for families seeking a balanced lifestyle that includes access to quality education and outdoor activities. Speaking of outdoor activities, residents can enjoy green spaces like Downsview Memorial Parkette and Dubray Parkette, which provide ample opportunities for relaxation and recreation.

Public transit in the area is robust, with over 10 bus routes at the Keele and Wilson intersection. This facilitates connectivity to subway stations and major highways, making it easier for residents to commute and navigate the city. Overall, the neighborhood surrounding Westmount Condos offers a harmonious mix of urban amenities and natural spaces, making it an attractive choice for a variety of lifestyles.

Neighborhood Age Distribution

The population of Westmount, Quebec, is approximately 19,658 residents as of the 2021 Canadian census. The neighborhood exhibits a diverse age distribution, with a significant number of residents likely being young professionals and families. The housing market is characterized by a mix of ownership and tenancy, with 42.4% of owner households having a mortgage and an average monthly shelter cost of $3,156 for owned dwellings.

Population

Understanding the population demographics of Westmount is essential for gauging the vibrancy and lifestyle of the neighborhood. The area surrounding 2737 Keele St, located in Downsview-Roding-CFB, is home to approximately 16,153 residents. This demographic profile reveals a mix of families and individuals, contributing to a diverse and culturally rich environment.

  1. Population Size: The neighborhood has a population of approximately 16,153 residents.
  2. Average Individual Income: Residents in the area have an average individual income of $58,419.
  3. Household Size: The average household size is 2.5 individuals, reflecting a mix of families and single dwellers.
  4. Ownership Duration: Residents typically experience a stable living situation, with an average ownership duration of 6.1 years for units in the building.

These statistics provide a snapshot of the community's composition and stability, making Westmount Condos an attractive option for those seeking a balanced and diverse living environment.

Tenancy and Property Type

Westmount's tenancy and property type are characterized by a diverse age distribution. The neighborhood is home to a significant portion of young professionals and families, contributing to a vibrant community atmosphere. With an average individual income of $58,419, the demographic reflects a mix of middle-income earners, which is typical of suburban neighborhoods in North York.

The Westmount condo building at 2737 Keele St, completed in 2006, is a relatively modern property in the area. The building consists of 238 units, ranging in size from 405 square feet to 1699 square feet, spread over 10 stories. The average ownership duration for units in the building is about 6.1 years, indicating a stable community with potential for long-term tenants. This stability is further supported by the amenities provided, including an indoor pool, fitness center, sauna, party room, meeting room, concierge, security guard, and parking garage. The diverse age distribution and stable community make Westmount condos an attractive option for both young professionals and families seeking a long-term residence.

Average Income

While some areas may have a homogeneous population, others, like the neighborhood surrounding Westmount Condos, exhibit a diverse age distribution, reflecting a mix of young professionals and families. This diversity contributes to a vibrant community with a wide range of needs and preferences, influencing the demand for various amenities and services.

The economic landscape of the area is characterized by a blend of working professionals and families, which impacts local market dynamics and property demand. Key statistics that highlight the economic profile of the neighborhood include:

  1. Average Individual Income: The average individual income in the neighborhood is approximately $58,419.
  2. Population: The population in the area consists of around 16,153 residents, contributing to a diverse demographic profile.
  3. Average Household Size: The average household size in the neighborhood is 2.5 individuals, indicating a mix of family structures and living arrangements.
  4. Age Distribution: Age distribution data highlights the presence of various age groups, which influences community services and amenities.

Nearby Schools

The Westmount Condos are situated in close proximity to several reputable educational institutions. This strategic location offers residents easy access to a range of schools, catering to various age groups and educational needs.

One of the notable institutions nearby is Downsview Secondary School, a public school for Grades 9-12, located just 0.47 km away from the condos. Similarly, Madonna Catholic Secondary School, also serving Grades 9-12, is situated 0.49 km from the property. These secondary schools provide convenient options for families with older children.

For younger students, Downsview Public School, which caters to Grades JK-5, is located 0.61 km away. Additionally, St. Raphael Catholic School, offering education for Grades JK-8, is within a 0.79 km radius of the condos. These schools guarantee that residents have access to quality education for their children from an early age.

Furthermore, Pierre Laporte Middle School, which serves Grades 6-8, is approximately 0.89 km from the Westmount Condos. This middle school bridges the gap between elementary and secondary education, providing a thorough educational pathway for students in the area.

Vibrant Keele Street Community

Keele Street pulses with energy, offering residents of Westmount Condos a vibrant and diverse community experience. The neighborhood boasts an array of dining options, catering to various tastes and preferences. Swiss Chalet, Pizza Pizza, and Peter Gs Bar And Grill are all within a short distance from the condos, providing convenient choices for meals and social gatherings.

The Keele Street community is not just about urban amenities; it also embraces nature and outdoor activities. Residents can enjoy green spaces such as Downsview Memorial Parkette and Rainbow Park, which contribute to the area's lively atmosphere and provide opportunities for relaxation and recreation.

One of the key advantages of living in this community is the excellent public transportation network. With over 10 bus routes connecting to subway stations, residents can easily commute to other parts of Toronto, making the location ideal for both work and leisure.

The neighborhood caters to residents' daily needs with local grocery stores like Metro and Btrust Supermarket within walking distance. This convenience guarantees that essential amenities are always close at hand, enhancing the quality of life for Westmount Condos residents.

Four aspects that make the Keele Street community vibrant:

  1. Diverse dining options
  2. Accessible green spaces
  3. Extensive public transportation network
  4. Convenient local amenities

The presence of educational institutions such as Madonna Catholic Secondary School and Downsview Secondary School further adds to the community's appeal, making it an attractive choice for families. This mix of amenities, green spaces, transportation options, and educational facilities creates a well-rounded and dynamic neighborhood that caters to a variety of lifestyles and preferences.

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