$4,499,000 - 429 Walmer Road Unit 504, Forest Hill
Condo for Sale in Forest Hill
158 days on market- MLS Number
- C12520690
- Property Type
- Condo
- Status
- active
- Days on Site
- 158
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- HAZELTON REAL ESTATE INC.
This is 429 Walmer, a new icon of luxury in Forest Hill. With captivating architecture by Arcadis, sumptuous interiors by U31 and around the clock services by Forest Hill Kipling, this exclusive boutique address offers just 48 meticulously appointed residences. Residence 504 features direct elevator entry leading into nearly 2,600 SF of elegant living overlooking a tranquil waterfall spa terrace and the leafy tree canopy of historic Forest Hill. Superb design details like soaring 10 foot ceilings without bulkheads, a gas fireplace, gallery sized walls, massive expanses of floor to ceiling glass and walkouts to a 10 foot deep balcony fitted with a gas BBQ line, are just the beginning. An astounding 18,000 SF of indoor and outdoor social and wellness amenities complete with an array of therapy spaces and even a Wimbledon style indoor pickleball court, are all here. And of course, total peace of mind is assured whether at home or abroad, thanks to Avante's leading edge security technologies. Simply no detail overlooked. This is 429 Walmer, where a beautiful new life awaits. Welcome home.
Estimate your monthly payments for this property
Estimated Payment
$19,900.59/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 / Deer Park
Forest Hill / Deer Park 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 / Deer Park
- •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 / Deer Park 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.
429 Walmer Road Unit 504, 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 $1800/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.
Negotiation Opportunity
At 158 days on site, this property has exceeded the typical selling timeline for Forest Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $18,746 (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.