Residences on Keewatin Park, 200 Keewatin Ave: Low-Rise for Downsizers

Residences on Keewatin Park is not really a condo in the way most people picture one. It is a four-storey building of large suites on a residential street north of Eglinton, built by Freed Developments, where nearly every plan has a terrace, a backyard or a rooftop. It is aimed squarely at people leaving a house, and it is priced that way. I’m Jatin Dua, RE/MAX Quantum Realty.

Four storeys on a residential street

Keewatin Avenue is a street of houses, just outside the Yonge-Eglinton growth area. The site previously held eight detached homes, and the building that replaced them is deliberately modest: four storeys, facing the street, sized to sit alongside its neighbours rather than above them. UrbanToronto’s project thread puts the height at about 14.75 metres.

The name comes from the parkland nearby, and the developer’s pitch leaned on Sherwood Park, the Mount Pleasant shops and the redeveloped Yonge and Eglinton core. Freed describes the exterior as contemporary but designed to reflect the area’s character. In practice that means a low, clean-lined building that does not pretend to be a house.

It took a long time to get here. Freed first proposed a much denser scheme of about 80 stacked townhouses for this site. What was built is a single four-storey building with fewer, larger suites, and that history is why the suites look the way they do.

Big suites, and outdoor space for almost everyone

The selling point is space. Freed’s sales material said each suite has a private terrace, a backyard or a rooftop, and the final suites were marketed at 1,500 to 2,500 square feet. Condos.ca shows a wider range, from about 812 to 2,087 square feet. I have not been able to reconcile the two, so measure or get the floor plan for any suite you look at.

The two suites listed when I checked were both two-bedroom-plus-two-den plans, which tells you who this building was designed for: couples who want a guest room and an office, or a downsizer who still needs room for family to stay. A ground-floor suite with a backyard is about as close to a house as a condo gets.

Ask about ceiling heights, the heating and cooling system, and whether the outdoor space is part of your unit or exclusive-use common element. That last point decides who pays to repair a terrace membrane, and on a building where every suite has outdoor space, it matters.

A different kind of fee

Condos.ca lists only a few amenities: an outdoor patio, storage, a dining room and on-site laundry facilities. There is no concierge listed, no gym and no pool. That keeps the shared costs down, but the fee is still not low, because large suites carry large shares of insurance, roofing and garage costs.

The two current listings showed fees from about $949 to about $1,098 a month. Condos.ca does not list what is included, so ask whether heat, water, parking and a locker are covered. In a low-rise like this, mechanical systems are sometimes in each suite rather than central, which shifts costs from the fee to your own bills.

The corporation registered in August 2025. That means a short budget history, a first reserve fund study that may be very recent, and a board made up of a small number of owners. In a small building, one owner’s opinion carries a lot of weight, for better or worse.

Daily life north of Eglinton

The shops on Mount Pleasant Road are the everyday street here, and the Yonge and Eglinton core with its new towers and the Crosstown is a walk to the west. The data panel on this page has the transit, school and walkability details.

The contrast is the attraction. You are a few minutes from one of the densest parts of midtown, but your own street is houses and trees. Expect continued construction in the Yonge-Eglinton area for years; Keewatin itself is unlikely to change much.

Two practical points for downsizers. First, a four-storey building has fewer elevators than a tower, so ask how many there are and what the plan is when one is out of service, especially if you are on the top floor. Second, think about deliveries and guests. Without a staffed lobby, parcels and visitor parking work differently than in a concierge building, and it is worth seeing the arrangement before you commit.

Finally, consider how you will sell. The buyer for a $2-million-plus suite with a yard is a narrow pool, mostly people like you who are leaving a house nearby. That pool is steady in North Toronto, but it is not fast, so plan to hold for the long term.

What Residences on Keewatin Park costs

Condos.ca puts the building average at about $1,197 per square foot. That is a new-construction price for very large suites, and it sits well above the older midtown condo stock and in line with other new boutique buildings in the area.

When I checked, two suites were listed for sale, asking from about $2.4 million to about $2.8 million. At those prices your real comparison is not other condos. It is a renovated semi or a smaller detached house in North Toronto, with the maintenance and stairs that come with it.

The developer marketed the building from about $2 million. With so few suites, there will be little resale data for some time, so ask me for the recent sold report and be prepared to justify value against freehold sales nearby.

Building specifications

Amenities at Residences on Keewatin Park

Amenities are minimal by design. The real amenity is the suite itself and its outdoor space; if you want a gym, a concierge or a pool, this is the wrong building. The upside is a shorter list of shared systems that will eventually need replacing.

Jatin’s honest take on Residences on Keewatin Park

Residences on Keewatin Park — frequently asked questions

Looking at Yonge & Eglinton, Davisville and North Toronto more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.