$2,228,000 - 260 Heath Street Unit 704, Forest Hill
Condo for Sale in Forest Hill
Neighbourhood: Forest Hill South
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- MLS Number
- C13789780
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,800 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Taxes (2026)
- $7,420
- Maintenance Fees
- $2,655/mo
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE REALTY PLUS
Forest Hill South. This spectacular, sun-drenched terraced suite offers 1,800 sq. ft. of elegantly appointed living space plus nearly 1,000 sq. ft. of landscaped terrace with unobstructed Cedarvale Ravine views. A coveted corner location fills the home with natural light throughout the day, while the flexible open-concept layout flows seamlessly to a remarkable 40' x 25' west-facing terrace with breathtaking sunset views in every season. A welcoming foyer with granite floors leads to thoughtfully renovated interiors. The elegant kitchen features solid wood cabinetry, granite floors, counters and backsplash, built-in appliances, wine rack, glass display cabinetry and built-in desk. Expansive principal rooms showcase engineered hardwood floors, track lighting and custom granite steps with artisan-crafted railing extending to the terrace. A truly one-of-a-kind outdoor retreat, the terrace includes built-in and freestanding planters, irrigation, a large storage locker and exceptional privacy. The spacious primary suite offers a built-in wall unit, four large closets, dressing area and sophisticated marble bath with Jacuzzi tub. The second bedroom features a double closet, built-in wardrobes and desk, plus a picture window. The elegant main bath includes a granite shower. A bright den with wall-to-wall terrace views, electric fireplace and built-in bookcase provides an ideal private home office or cozy retreat. Designed by renowned architect Jack Diamond, Village Terraces is prized for its location on the cusp of Forest Hill Village, welcoming community atmosphere and exceptional amenities, including 24-hour concierge, outdoor pool and BBQ area, gym, sauna, party room and ample visitor parking. Steps to St. Clair West subway, Forest Hill Village shops and restaurants, and St. Clair's vibrant shopping and dining. Adjacent to Cedarvale Ravine, with access to parks, the Beltway Trail, dog parks, playing fields and abundant green space.
Estimate your monthly payments for this property
Estimated Payment
$9,855.20/mo
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 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
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.
260 Heath Street Unit 704, 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
Premium Pricing
At $1238/sqft, this property is priced above the Forest Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $2655/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 $9,283 (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.