$1,799,000

For sale

#101 2 Forest Hill Road, Toronto (Forest Hill South) - Single Family for Sale

#101 2 Forest Hill Road, Toronto (Forest Hill South), Ontario, M4V2L3

3 beds2 baths1 parking1,100 ft²$1,779/mo condo feeListed 38 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 38 days, fresher than the Toronto average of 58 days.

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Description

A rarely offered ground-floor suite with East exposure onto quiet Forest Hill Road, creating a distinctive townhome feel. This exceptional 2-bedroom plus den, 2-bathroom suite offers 1,174 sq. ft. of living space with soaring 11-foot ceilings, an abundance of natural light, and a thoughtfully designed layout. Upgraded finishes include a statement fireplace, upgraded kitchen countertops and backsplash, premium appliances, and high-quality finishes throughout. The versatile den offers an ideal space for a home office, additional living area, or guest accommodations. Gas outlet located on the terrace. Residents enjoy white-glove concierge and security services and an exceptional collection of luxury amenities, all ideally located near Forest Hill Village, Avenue Road, St. Clair Avenue West, premier schools, parks, shops, and transit. One parking space and one locker are included. (id:66096)

Property Details

MLS®: C13834730
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Electric, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $1,779/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $10,463.17/yr
Listed: 38 days ago

Rooms

Flat

Living room: 5.17 x 3.38 meters
Dining room: 2.57 x 3.58 meters
Kitchen: 4.8 x 3 meters
Bedroom: 4.19 x 3.58 meters
Bedroom 2: 2.82 x 2.96 meters
Den: 2.74 x 2.23 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Wine Fridge, Stove, Oven, Dryer, Microwave, Cooktop, Window Coverings
Flooring: Hardwood
Exterior: Concrete, Stone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Toronto (Forest Hill South) listings, avg age

58d

Price / ft²

$1,636

List price

$1.80M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Forest Hill South) has been listed for 38 days, which is 20 days fresher than the city average of 58. Act while there is still low competition.

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Listed by CHESTNUT PARK REAL ESTATE LIMITED · JASON WILSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4V)

This home lists at $1,799,000, about 18.2× the local median household income of $99,000.

Carrying it typically needs a household income of about $351,408 (20% down, 25-yr amortization, stress-tested) — roughly 255% above the area median.

Median household income: $99,000
Population: 19,273
Median age: 45.2
Owner / renter: 44% / 56%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4V)

$1,799,000· $1,636/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $359,800

Min 20%50%

Mortgage payment$7,672/mo

Property tax (est.)$872/mo

Condo fee$1,779/mo

Total monthly$10,324

Cash Needed to Close

Down payment (20%)$359,800

Land transfer tax$64,910

Est. closing costs$7,897

Total cash needed$432,607

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