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    The Somerset
    0for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    3
    Number of Units:
    33
    Condo Completion:
    1972
    Condo Demand:
    High
    Unit Size Range:
    400 - 3,700 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for The Somerset

    Receive listing updates for Rosedale - Midtown

    Amenities

    Visitor Parking
    Rec Room
    Bike Storage
    Security System
    Party Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 1A Dale AvenueThe Somerset

    Rosedale - Midtown is an eminent neighbourhood in general, filled with many dignified private residences, and the charming Somerset Condos is no exception. Sitting right next to where the Glen Road Pedestrian Bridge crosses over the Rosedale Ravine, the condos at 1A Dale Avenue are enjoyed by their residents, although the building is under the radar compared to some of the more contemporary homes in the city.

    Built in 1972 by Guildwood Village Limited, the solid structure known as the Somerset Condos stands at 3 storeys tall. A wide driveway on the west side of the property is about as grand as it gets — 1A Dale is more of an understated edifice than a striking structure.

    Featuring a red brick exterior and generous sets of wide windows throughout, the Somerset Condos’ most distinctive features are the green walls that adorn each bright white balcony. These perfectly complement the thriving natural landscapes behind the building and the gardens around its grounds. Although this boutique residence doesn’t contain an extensive list of amenities, residents can host their friends and family in its posh party room, while ample on-site parking means one less thing to worry about when planning a soirée.

    The Suites

    Although the exterior is understated, the 33 suites inside are quite opulent. Ranging in size from approximately 550 to 3,750 square feet, floor plans vary from modest one bedroom units to expansive three bedroom, two level homes. What’s more, many of the Toronto condos for sale in the building also boast private balconies.

    The most of lavish of 1A Dale’s living spaces features spectacular spiral staircases. As a result this particular suite feels like a stately countryside manor combined with a condo. Regardless of which unit one lives in, the ambience throughout the Somerset Condos is elegant, especially since Rosedale residents have had plenty of time to customize and upgrade their homes over the years.

    The Neighbourhood

    A short walk over the neighbouring pedestrian bridge leads right to downtown Toronto, however 1A Dale can often feel like an escape away from the city. The trees lining Dale Street are impressive, especially around Hawthorn and Maple Avenue and leading toward the Don Valley. This route leads to a recreational path running alongside Bayview Avenue. On weekends or days off, outdoorsy types living here can use this to travel along the Don River to the Evergreen Brickworks.

    Alternatively, the Brickworks is about a ten-minute bike ride from the building. After revitalization of the former site of the Don Quarry, the site is now home to a community centre and a public park set in the valley. The Evergreen Organization also hosts renowned arts and cultural programs focused on the environment and sustainability. Living so close to this captivating complex also means residents can easily enjoy its many diverse events, exhibitions and markets that occur throughout the year.

    Transportation

    Venturing throughout the city is easy for those living in the Somerset Condos — even without a car. The pedestrian bridge next to 1A Dale is conveniently close to the entrance to Sherbourne Station on Bloor East. About a five-minute walk from the building, Sherbourne Station is situated on the Bloor-Danforth line. Travelers can also connect to the Yonge-University-Spadina line at Bloor-Yonge Station, the first stop to the west of Sherbourne.

    And for those who drive often, Bloor Street serves them well. A major east-west arterial road, Bloor also happens to be free of streetcars thanks to the subway line running underneath it. And right around where Bloor becomes Danforth Avenue to the east, drivers can find a nearby onramp for the Don Valley Parkway — usually taking less than five minutes to reach from the Somerset Condos.

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    Explore Rosedale - Midtown

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    30,715
    Average Individual Income
    $65,523
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $111,438
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    23%
    65+
    22%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    24%
    $60,000+
    12%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    48%
    Semi Detached
    24%
    Low Rise Apartment
    9%
    High Rise Apartment
    9%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    57%
    Mandarin
    14%
    Cantonese
    14%
    Other
    11%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    31%
    High School
    28%
    None
    17%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    The Somerset vs The Rosedale - Midtown Area

    Days on Strata

    Units at The Somerset spend an average of
    11
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Rosedale - Midtown

    Turnover of Units

    On average, each unit is owned for
    23.3
    YEARS before being sold again

    Property Value

    24%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 26 condos in the Rosedale - Midtown area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    The Somerset offers the
    ?
    best value out of 26 condos in the Rosedale - Midtown neighbourhood

    Appreciation Rank

    The Somerset has the
    ?
    highest ROI out of 26 condos in the Rosedale - Midtown neighbourhood

    Rental Yield

    The Somerset yields the
    ?
    highest rent prices out of 26 condos in the Rosedale - Midtown neighbourhood

    High Demand

    The Somerset is the
    ?
    most popular building out of 26 condos in the Rosedale - Midtown neighbourhood

    Transaction Insights at 1A Dale Avenue

    Studio1 Bed2 Bed3 Bed
    Price Range$434,000No Data$879,000No Data
    Avg. Cost Per Sqft$1,122No Data$1,034No Data
    Avg. Wait for Unit Availability3209 DaysNo Data328 DaysNo Data
    Ratio of Units in Building13%5%80%5%

    Unit Sales vs Inventory

    Total number of units listed and sold in Rosedale - Midtown