Townhouse for sale in Toronto, Beaches area ($700K)

Almost new townhouse in Toronto, Beaches area.

Location
Address: 1898 Lake Shore Blvd East, Toronto, Ontario
Major intersection: Queen St East/ Woodbine.
MLS area - E02.


Price
$698,000.
So townhouse still doesn't cost a million dollars... so world is not crashed completely yet :)

Size
Approximately 2300 sq.ft. (230 sq.m.) together with finished basement.


House Age
8-10 years.

Property Type
3-storey townhouse.
You can see Ontario Lake from a bedroom at the third floor.


Lot size
15 x 117 feet (4.5 х 35 metres).
Townhouse like a typical townhouse.
Pretty regular size - high'n'narrow.

Kitchen and appliances
The kitchen is beautiful and I have no question to it.
Fridge, stove, dishwasher, microwave oven.
No air conditioned though.


Main rooms
The rooms are scattered on the floors.
The wall colors are pleasant.
The common feeling of a new house.
There is a hardwood on the first floor, carpet on the second and third ones.


Bedrooms
Master bedroom is on the second floor.
There are two smaller bedroom on the third floor.


Basement
The basement is finished and looks livable.

I'm sure it's been decorated by a professional designer so even details look stylish.


Driveway
What driveway you are talking about? The new construction doesn't care about those details.
The house front faced directly to Lakeshore so entrance to the house is from a walkway.

Backyard
The backyard is located between the house and its garage.
The garage is for two cars.

There is some landscaping on the backyard but honestly I wasn't impressed by it.

Area
The heart of the Beaches. The beach is located across the street.
I think it is the major advantage of this townhouse.

Schools
Everything is near by.
There are few children playgrounds withing 5-10 minutes of walking.

Park
The main park is located across the street.

Shopping
Everything required for a life can be found near-by.
For all the rest feel free to drive to the nearest Walmart or Loblaws.

Public Transit
No problems with public transit so you can live here even without a car.
Because after purchasing this townhouse you may have no money for a car :)


Property Tax
$4500.00 for year of 2008.

Pros
Location.

Cons
All the rest.

Resume and Conclusion
I still cannot understand who is the target audience for this property.

The most of young families cannot afford it because of its price.
It can be not so attractive for a serious businessman/executive because of neighbors behind the walls.
And lack of some matter-of-course features like an air conditioner honestly a bit depresses.
My personal mark - 3 out of 10.


Technical Details
Living room: 5.41 m x 4.19 m
Kitchen: 4.50 m x 4.19 m
Family room: 7.54 m x 3.05 m
Office: 3.98 m x 2.18 m
Laundry room: 1.85 m x 1.73 m
Master bedroom on the 2nd floor: 4.19 m x 4.01 m
Bedroom 2 on the 3rd floor: 3.71 m x 3.43 m
Bedroom 3 on the 3rd floor: 3.35 m x 3 m