350 Lonsdale Road Unit 503, Toronto C03

Price: $1,695,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: C13495748

Nestled on the 5th floor, with just over the treetop views, overlooking a park, Cedarvale Ravine and the homes of Forest Hill, this 1,523 square foot, artfully finished, 2 bedroom plus office (can convert to 3rd Bedroom) unit has a long list of outstanding features. The open-concept floor plan with floor-to-ceiling windows provides lots of natural light. There are built-ins in every room, plus a walk-in pantry and a 10x5 foot storage room insuite. The lightly stained 7 inch plank hardwood floors are complemented by 2x4 foot stone slab flooring in the Kitchen and Bathrooms. Motorized blinds cover each window, with blackouts in each of the bedrooms. The Primary Bedroom has wall-to-wall custom closets, oversized windows, a 5-piece ensuite bathroom with pocket door and a floating vanity with His and Hers sinks. The washer and dryer are full-sized, with a sink and pocket door. The panelled refrigerator/freezer is Subzero. Miele provides the range, cooktop and built-in dishwasher. The Lonsdale House, an 84 unit boutique building was built in 1970. Fabulous amenities include 24-hour concierge, indoor pool, rooftop terrace, gym, party room and plenty of visitors' parking. It's super close to shops, restaurants, banks, both public and private schools, Forest Hill Village and a short stroll to the subway.

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New Listing
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$1,695,000 - 350 Lonsdale Road Unit 503, Forest Hill

Condo for Sale in Forest Hill

New — Listed 6 days ago

Neighbourhood: Forest Hill South

3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
C13495748
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Forest Hill / Deer Park
Locker
Exclusive
Exposure
North
Balcony
Open
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

Nestled on the 5th floor, with just over the treetop views, overlooking a park, Cedarvale Ravine and the homes of Forest Hill, this 1,523 square foot, artfully finished, 2 bedroom plus office (can convert to 3rd Bedroom) unit has a long list of outstanding features. The open-concept floor plan with floor-to-ceiling windows provides lots of natural light. There are built-ins in every room, plus a walk-in pantry and a 10x5 foot storage room insuite. The lightly stained 7 inch plank hardwood floors are complemented by 2x4 foot stone slab flooring in the Kitchen and Bathrooms. Motorized blinds cover each window, with blackouts in each of the bedrooms. The Primary Bedroom has wall-to-wall custom closets, oversized windows, a 5-piece ensuite bathroom with pocket door and a floating vanity with His and Hers sinks. The washer and dryer are full-sized, with a sink and pocket door. The panelled refrigerator/freezer is Subzero. Miele provides the range, cooktop and built-in dishwasher. The Lonsdale House, an 84 unit boutique building was built in 1970. Fabulous amenities include 24-hour concierge, indoor pool, rooftop terrace, gym, party room and plenty of visitors' parking. It's super close to shops, restaurants, banks, both public and private schools, Forest Hill Village and a short stroll to the subway.

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Estimated Payment

$7,497.56/mo

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5-yr fixed avg.

Principal: $1,356,000Interest: $893,267
Mortgage Amount$1,356,000
Total Interest$893,267
Est. Property Tax$1,201/mo
Total Cost$2,249,267

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

350 Lonsdale Road Unit 503, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$1,201
Insurance (est.)-$353
Net Cash Flow+$616

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

Premium Pricing

At $1211/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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $7,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    350 Lonsdale Road Unit 503 | $1,695,000 | Battaglia Team