$2,235,000

For sale

#1401 240 Heath Street West, Toronto (Forest Hill South) - Single Family for Sale

#1401 240 Heath Street West, Toronto (Forest Hill South), Ontario, M5P3L5

2 beds2 baths1 parking1,700 ft²$2,590/mo condo feeListed 22 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,700 sq ft of space. It has been on the market 22 days, fresher than the Toronto average of 58 days.

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Description

Downsizing Doesn't Have To Feel Like Downsizing In Forest Hill. Welcome To Over 1,700 Sq. Ft. Of Exceptional, Turnkey Luxury Living In The Heart Of Forest Hill Village. Completely Reimagined And Designed By Renowned Interior Designer Rosen+Co., This Sophisticated 2-Bedroom, 2-Bathroom Residence Combines The Space And Comfort Of A Home With The Ease Of Condo Living.A Coveted Southwest Exposure And Massive Windows Flood The Suite With Natural Light, Creating A Bright And Airy Feel Throughout. The Expansive Open-Concept Living And Dining Areas Are Ideal For Everyday Living And Entertaining, Featuring Extensive Custom Built-Ins, Exceptional Closet And Storage Space, Motorized Hunter Douglas Blinds And A Striking Electric Steam Fireplace.The Designer Kitchen Is A Showpiece With A Waterfall Stone Island, Premium Miele Appliances, Integrated Fridge/Freezer And Built-In Wine/Beverage Fridge.The Generous Primary Suite Features Extensive Custom Storage And A Spa-Inspired Ensuite With Heated Floors, Double Shower, Built-In Bench And Large Vanity Counter. A Spacious Second Bedroom And Beautifully Finished Second Bathroom Provide Flexibility For Guests, Family Or A Home Office.Step Outside To The Large Open Balcony, Extending The Living Space And Providing The Perfect Spot To Enjoy The Southwest Exposure. Parking with EV charger And Locker Complete This Truly Turnkey Offering. All Of This Just Steps From The Shops, Cafes And Restaurants Of Forest Hill Village, With Convenient Access To The Subway, The St. Clair Streetcar, Parks And Everything Midtown Toronto Has To Offer. Beyond The Suite, The Building Offers A Welcoming Atmosphere And A Strong Sense Of Community-A Place Where Neighbours Know Neighbours And It Truly Feels Like Home. Over 1,700 Sq. Ft. Of High-End Luxury Living. Exceptional Design. Incredible Natural Light. Outstanding Storage. Bonus, Universal EV Charger installed in Parking Stall. A Wonderful Sense Of Community. Simply Move In And Enjoy. (id:66096)

Property Details

MLS®: C14026782
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,700 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Pool: Yes
Condo Fee: $2,590/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $6,191/yr

Rooms

Flat

Foyer: 2.42 x 2.91 meters
Living room: 3.4 x 7.25 meters
Dining room: 5.9 x 5.83 meters
Kitchen: 6.21 x 2.94 meters
Primary Bedroom: 3.94 x 5.4 meters
Bedroom 2: 6.09 x 3.14 meters
Laundry room: 1.63 x 3.39 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, Central Vacuum, Wine Fridge, Stove, Dryer, Freezer, Window Coverings
Flooring: Tile, Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Toronto (Forest Hill South) listings, avg age

58d

Price / ft²

$1,315

List price

$2.23M

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 2-bed single family in Toronto (Forest Hill South) has been listed for 22 days, which is 36 days fresher than the city average of 58. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · MARK ARNSTEIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5P)

This home lists at $2,235,000, about 22.6× the local median household income of $99,000.

Carrying it typically needs a household income of about $436,574 (20% down, 25-yr amortization, stress-tested) — roughly 341% above the area median.

Median household income: $99,000
Population: 19,791
Median age: 43.2
Owner / renter: 39% / 61%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M5P)

$2,235,000· $1,315/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $447,000

Min 20%50%

Mortgage payment$9,532/mo

Property tax (est.)$516/mo

Condo fee$2,590/mo

Total monthly$12,638

Cash Needed to Close

Down payment (20%)$447,000

Land transfer tax$84,700

Est. closing costs$9,205

Total cash needed$540,905

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice