240 Heath Street Unit 903, Toronto C03

Price: $1,675,000

2 bedrooms, 2 bathrooms

1,800 sqft

Property Type: Condo

MLS#: C13813932

A blank canvas in Forest Hill - Scale, Light and City Views. Consider this rare opportunity at Village Park, to combine generous square footage with a layout ready for personalization. Suite 903 offers nearly 1,940 sq.ft. of bright, abundant space with great bones. Bring your design vision to life! A double-door entry sets the tone, opening into a generous open-concept living and dining area with skyline views from floor to ceiling windows. The layout also includes an enclosed 3-season sunroom which provides a unique architectural feature ready for your custom styling, a large eat-in kitchen, a primary suite with walk-through closets and an ensuite bath, a flexible 2nd bedroom (currently used as a den), a secondary updated bathroom, and a dedicated laundry/storage room. Includes 1 owned parking spot & 1 exclusive-use locker. Village Park is a tranquil, highly private residence with only four suites per floor. Dedicated long-term staff & luxurious amenities include 24 hour concierge, indoor pool & sauna with an upcoming spa-inspired renovation already funded by the reserve fund, exercise room, facilities for meetings or gatherings, a library lounge, recently landscaped large side garden for residents to enjoy peaceful sitting and sunshine, a roof terrace & plenty of guest parking. This prime Forest Hill location allows you to enjoy ultimate walkability just steps from Forest Hill Village on Spadina Road and St. Clair West. Stroll to boutiques, groceries, dining, ravine trails, and the subway. If education is a priority, the building is in the catchment area for Forest Hill Jr & Sr PS and Forest Hill Collegiate Institute and in close proximity to private schools - St. Michael's College School, Upper Canada College and Bishop Strachan School. Bring your favourite designer and reimagine suite 903 into an elegant and refined sanctuary at Village Park in Forest Hill. The suite life awaits you!

240 Heath Street Unit 903 - Condo photo 1 of 29 in Forest Hill / Deer Park, Ontario
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active

$1,675,000 - 240 Heath Street Unit 903, Forest Hill

Condo for Sale in Forest Hill

Popular Listing

Neighbourhood: Forest Hill South

2Beds
2Baths
1,800Sq Ft
Condo

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Property Details
MLS Number
C13813932
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
2
Bathrooms
2
Square Feet
1,800 sqft
Neighbourhood
Forest Hill / Deer Park
Taxes (2026)
$6,361
Maintenance Fees
$2,598/mo
Locker
Exclusive
Exposure
North East
Balcony
Enclosed
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

A blank canvas in Forest Hill - Scale, Light and City Views. Consider this rare opportunity at Village Park, to combine generous square footage with a layout ready for personalization. Suite 903 offers nearly 1,940 sq.ft. of bright, abundant space with great bones. Bring your design vision to life! A double-door entry sets the tone, opening into a generous open-concept living and dining area with skyline views from floor to ceiling windows. The layout also includes an enclosed 3-season sunroom which provides a unique architectural feature ready for your custom styling, a large eat-in kitchen, a primary suite with walk-through closets and an ensuite bath, a flexible 2nd bedroom (currently used as a den), a secondary updated bathroom, and a dedicated laundry/storage room. Includes 1 owned parking spot & 1 exclusive-use locker. Village Park is a tranquil, highly private residence with only four suites per floor. Dedicated long-term staff & luxurious amenities include 24 hour concierge, indoor pool & sauna with an upcoming spa-inspired renovation already funded by the reserve fund, exercise room, facilities for meetings or gatherings, a library lounge, recently landscaped large side garden for residents to enjoy peaceful sitting and sunshine, a roof terrace & plenty of guest parking. This prime Forest Hill location allows you to enjoy ultimate walkability just steps from Forest Hill Village on Spadina Road and St. Clair West. Stroll to boutiques, groceries, dining, ravine trails, and the subway. If education is a priority, the building is in the catchment area for Forest Hill Jr & Sr PS and Forest Hill Collegiate Institute and in close proximity to private schools - St. Michael's College School, Upper Canada College and Bishop Strachan School. Bring your favourite designer and reimagine suite 903 into an elegant and refined sanctuary at Village Park in Forest Hill. The suite life awaits you!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,409.09/mo

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5-yr fixed avg.

Principal: $1,340,000Interest: $882,727
Mortgage Amount$1,340,000
Total Interest$882,727
Est. Property Tax$1,186/mo
Total Cost$2,222,727

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.

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Neighbourhood Guide: Forest Hill South

Discover Forest Hill South

Forest Hill South 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 Forest Hill South

  • •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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Forest Hill South 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.

70
Walk Score
Varies
Price Range

240 Heath Street Unit 903, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,000/mo
Range: $2,550 - $3,450
Cap Rate (ROI)
-0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,000
Maintenance Fees-$2,598
Property Tax (est.)-$1,186
Insurance (est.)-$349
Net Cash Flow-$1,133

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $931/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.

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 $2598/month fees should cover building insurance, common elements, and reserve contributions.

About Forest Hill South

I know Forest Hill South 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 $6,979 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    240 Heath Street Unit 903 | $1,675,000 | Battaglia Team