$848,000 - 480 Oriole Parkway Unit 303, Forest Hill
Condo for Sale in Forest Hill
Neighbourhood: Yonge-Eglinton
- MLS Number
- C13463026
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,200 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Welcome to Suite 303 at 480 Oriole Parkway, a lovely updated corner suite on the top floor facing south and East. Offering approximately 1,270 sq. ft. of bright, functional living space in one of Midtown Toronto's most desirable neighbourhoods. Freshly painted and filled with natural light, this three-bedroom condo features hardwood floors throughout, a spacious open-concept living and dining area, and an oversized kitchen with stainless steel appliances, abundant counter space, and a breakfast bar overlooking the dining and living area. Three generous bedrooms, each with its own closet, plus the convenience of an ensuite laundry, make this an ideal home for families and professionals alike. Located in the sought-after Oriole Park JPS and North Toronto CI school districts and close to many of Toronto's top private schools. Enjoy an unbeatable location just steps to Eglinton Park, North Toronto hockey Arena and Community Centre with an indoor and outdoor pool. Yonge & Eglinton, shopping and dining, TTC transit, and the new Eglinton LRT. Quiet, well-managed building with low maintenance fees, current owners rent a garage for $100/month or easy street permit parking for $26.08/month. Buyer to confirm availability with City of Toronto, and one locker included. Exceptional value in a prime Midtown location.
Estimate your monthly payments for this property
Estimated Payment
$4,350.68/mo
Includes CMHC insurance ($23,659)
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.
480 Oriole Parkway Unit 303, Forest Hill / Deer Park
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Competitive Pricing
At $707/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 19 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. 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 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 $3,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.