$549,000 - 23 Glebe Road Unit 802, Forest Hill
Condo for Sale in Forest Hill
New — Listed yesterdayNeighbourhood: Yonge-Eglinton
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- MLS Number
- C13868364
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Taxes (2025)
- $3,258
- Maintenance Fees
- $599/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- KELLER WILLIAMS PORTFOLIO REALTY
Set within the sought-after Yonge & Davisville community, this bright and inviting suite at the Allure offers an easy balance of comfort, convenience, and low-maintenance living. Generous 10-foot ceilings and west-facing exposure fill the unit with natural light, creating a welcoming setting. The kitchen connects easily to the open living and dining spaces, keeping the home feeling bright and connected. From the living area, a private west-facing balcony offers sunset views and a peaceful place to enjoy an evening or unwind at the end of the day, with no neighbouring balcony on either side of you. The primary bedroom offers a comfortable retreat with organized closet storage. In-suite laundry and a practical layout further support a lifestyle that feels simple and easy to maintain. With its natural light, private balcony, and low-maintenance layout, this suite is well suited to first-time buyers, rightsizers, or anyone seeking a comfortable home in a walkable, connected neighbourhood, complete with one underground parking spot & locker. Exceptional building amenities include 24-hour concierge, rooftop terrace with BBQ area, impressive party room with patio, lounge, private theatre, billiards, sauna, fully equipped fitness centre, underground visitors parking and guest suites. Just minutes from Davisville subway station, Yonge Street shops and cafés, June Rowlands Park, Mount Pleasant Cemetery trails, and the vibrant Yonge & Eglinton core, this is a community with everything you need close to home.
Estimate your monthly payments for this property
Estimated Payment
$2,816.65/mo
Includes CMHC insurance ($15,317)
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 Yonge-Eglinton
Yonge-Eglinton 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 Yonge-Eglinton
- •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
Yonge-Eglinton 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.
23 Glebe Road Unit 802, Forest Hill / Deer Park
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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 $915/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. The $599/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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 Yonge-Eglinton
I know Yonge-Eglinton 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 $2,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.