$735,000 - 1603 Eglinton Avenue Unit 705, Forest Hill
Condo for Sale in Forest Hill
New — Listed 4 days agoNeighbourhood: Oakwood Village
- MLS Number
- C13521096
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Locker
- Owned
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Experience refined urban living in this exceptional executive corner suite with a massive wrap around terrace at Empire Midtown Condos, where style, space, and skyline views come together effortlessly. This beautifully appointed 2-bedroom plus den residence is filled with natural light and showcases unobstructed south-west views stretching to the iconic CN Tower and Lake Ontario. Designed for both everyday comfort and entertaining, the suite features an expansive wrap-around terrace that extends your living space outdoors-perfect for relaxing, hosting, or enjoying the city's sunsets. Inside, the open-concept layout is anchored by a sleek modern kitchen with stainless steel appliances, flowing into spacious living and dining areas. Two stylish bathrooms and a versatile den offer flexibility for a home office, guest space, or creative use, while well-proportioned principal rooms enhance the overall sense of comfort and livability.Ideally located in a rapidly evolving Midtown neighbourhood, this residence offers unmatched connectivity with the newly opened Oakwood LRT Station at your doorstep and just minutes to Eglinton West subway on the University line. Enjoy easy access to the vibrant Oakwood and Eglinton West corridor, known for its diverse dining, cafes, bakeries, local shops, parks, schools, and everyday conveniences that continue to elevate the area's appeal.Residents of Empire Midtown enjoy premium amenities including a 24-hour concierge, fitness and yoga studios, a party lounge with fireplace and a rooftop terrace with BBQs and lounge areas. Guest suites, pet wash/bath room and a bike repair room add further convenience and functionality for residents and visitors alike. Includes one underground parking space (near the elevators) and a locker. A rare opportunity to own in one of Midtown Toronto's most connected and dynamic communities, offering an ideal blend of lifestyle, comfort, and long-term value in a growing urban hub. Some rooms virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$3,770.93/mo
Includes CMHC insurance ($20,507)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Oakwood Village
Oakwood Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Oakwood Village
- •Convenient location in Forest Hill / Deer Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Oakwood Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1603 Eglinton Avenue Unit 705, Forest Hill / Deer Park
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $919/sqft, this property is priced in line with current Forest Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Forest Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Oakwood Village
I know Oakwood Village well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Forest Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.