A Rare Opportunity to Co-Own a Home in the Beaches

59 Columbine is located in the heart of the Beaches, providing easy access to beautiful parks, shops, restaurants, transit and of course – the beach!

With three self-contained apartments, each with its own hydro meter and separate entrance, this is the perfect opportunity for individuals and groups looking for an affordable, private and comfortable home to co-own.

The flexibility of 59 Columbine is one of its most appealing features. The property can be acquired in many creative ways. For instance:

1. To a single co-ownership group: If you're already part of a group of people looking for three separate apartments, you can purchase the entire property together. This option allows you to share the costs of ownership and enjoy the benefits of living in a community with like-minded individuals.
2. To individual buyers: If you're interested in purchasing a single unit and are open to finding a group of co-owners, you may choose to buy just one of the available units. This option gives you the flexibility to choose the unit that best suits your needs and budget, while still enjoying the benefits of co-ownership.

Regardless of your needs, you'll be investing in a valuable property in a highly desirable neighborhood.

Recent upgrades to the property include a new roof, skylights, a comprehensive termite treatment, and a full renovation of Unit 1. Efficient heat pumps have been installed, and city gas hookup is scheduled for November 2024. Additionally, there's potential for future conversion into a four-plex.

Here's a breakdown of the available units:

Unit 1: $845,000 for 47% Equity

Located on the main and lower level, this bright two-floor unit offers a spacious living area and kitchen with a primary bedroom large enough for a king-size bed, two additional bedrooms, a private backyard and parking.

Unit 2: $525,000 for 29% Equity

Just over 525 sq feet, the second floor unit of this triplex is the perfect place to call home. A large one bedroom (big enough for a king-size bed), with lots of natural light and a closet, exudes character you cannot find in traditional condo buildings. The well appointed living room opens up to a private south facing patio with great views. And the kitchen has lots of prep area, storage and a snacking ledge.

Unit 3: $424,000 for 24% Equity

Almost 500 sq feet, unit 3 occupies the top floor. Enjoy a large one bedroom, cozy living room bathed in natural light from the skylight and private south facing patio. And, a practical kitchen layout with ample counter space and a perfect snacking ledge for two.

To view the fractional listing of each unit at 59 Columbine, download the Husmates App and browse our exclusive fractional listings.

If you're interested in learning more about the unique opportunities available at 59 Columbine or want to book a viewing, please contact us: info@husmates.com.