Roehampton Townhomes, 365–377 Roehampton Ave: 15 Condo Towns by Eglinton

Roehampton Townhomes at 365 to 377 Roehampton Avenue is the kind of building most midtown buyers never see listed: 15 condominium townhouses from 2011, on a residential street north of Eglinton. You get a house-like home with a very lean condo fee, but you also take on most of the running costs yourself. Here is how I would think about it. I’m Jatin Dua, RE/MAX Quantum Realty.

Fifteen homes, not a condo building

With only 15 homes, this is a very small condominium. Day to day it will feel more like a row of houses than a condo: no lobby, no concierge, and neighbours you will know by name. Condos.ca lists an underground parking garage and visitor parking, which is unusual for a project this size and a real advantage on a midtown street.

Address records do not quite agree. Condos.ca groups the homes under 365 to 377 Roehampton, other sites use 359 to 377, and individual homes have been listed with lettered addresses such as 365A. When you look at a specific home, check its legal description on the status certificate rather than relying on the street number.

Condos.ca names Roehampton Birch Properties as the developer and builder. I could not find much public information about the company or about the architect, so I would not lean on the builder’s reputation either way. Judge the homes on their own condition and the corporation’s records.

A corporation this small is also run by very few people. Often a handful of owners sit on the board, and decisions about repairs, fees and rules come down to how well those neighbours work together. Ask the manager for the last two years of board minutes and the most recent annual general meeting notes, which will show you how the corporation is run.

What a lean fee means here

The fee covers common elements and water, and condos.ca lists nothing else. In practice that means each owner pays for their own heat, hydro, internet and suite insurance, as you would in a freehold house. The fee should therefore be much lower than in a midtown tower, and the comparison only makes sense on total monthly cost.

A small fee is not automatically a good sign. In a 15-home corporation, the shared items, such as the underground garage, roofs, walkways, landscaping and any common mechanical systems, are paid for by very few owners. If the fee has been kept artificially low, the reserve fund can fall behind, and catching up later costs more.

That is why I would read the reserve fund study here as closely as the floor plan. Look for when the garage membrane, roofs and exterior work are due, and whether the reserve fund contributions match the plan. The declaration will also tell you which parts of each home the owner is responsible for, such as windows, doors, furnaces or air conditioners.

What to expect inside

I could not confirm the layouts of these homes from public sources, including how many levels they have, how big they are, or whether they include private terraces. Condos.ca does not record a size range, and with so few homes, sales are rare. Ask for the floor plan, a measured size and a description of the outdoor space for any home you are considering.

Homes from 2011 are new enough that you should not expect the problems of a 1970s building, but old enough that original appliances, flooring and some mechanical equipment may be near the end of their life. Price that in, and have a home inspection done, as you would with a house. In a townhouse condo, an inspection is more useful than in a high-rise suite because more of the home is yours to maintain.

Roehampton, north of Eglinton

Roehampton Avenue runs east from Yonge Street a short distance north of Eglinton. The western end, near Yonge, is now a wall of tall condo towers, and several more have been proposed along the street. Farther east, around this block, it is mainly low-rise housing, which is part of what makes a townhouse enclave like this one appealing.

You are within reach of the shops and restaurants along Mount Pleasant Road and Yonge Street, and close to the Eglinton Crosstown corridor, which has changed the area a great deal over the past decade. Expect continuing construction and density on and around Roehampton for years. The data panel on this page covers transit, schools and walkability.

How to price a home here

Condos.ca does not publish a building average price per square foot for this enclave, and there were no homes listed when I checked. With 15 homes, a year can pass without a sale, so there is no deep pool of comparables in the building itself.

In practice, I price a home here against three groups: past sales in this enclave, other condo townhouses in midtown, and small freehold homes nearby, adjusting for the underground parking and the fee. A condo townhouse with a garage spot and a low fee often competes more with freehold semis than with tower suites, and buyers will compare it that way.

Because the fee covers so little, include your expected heat, hydro and insurance costs when comparing a home here with a high-rise suite. For recent closed results, use the sold data on this page or ask me for a building sold report.

Building specifications

Amenities at Roehampton Townhomes

There is no gym, party room or concierge, and that is the point: the fee is not paying for amenities you might not use. The underground garage and visitor parking are the features that matter most on a busy midtown street.

Jatin’s honest take on Roehampton Townhomes

Roehampton Townhomes — 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.