$638,000 - 530 St Clair Avenue Unit 1401, Forest Hill
Condo for Sale in Forest Hill
Neighbourhood: Humewood-Cedarvale
- MLS Number
- C13437650
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to elevated midtown living at 530 St. Clair Avenue West, where thoughtful design, generous proportions, and everyday convenience come together in one beautifully appointed home.This spacious one bedroom plus den features a versatile layout, with a large den that functions perfectly as a dining room, home office, or additional living space. The oversized kitchen is designed for everyday living, offering full size appliances, large front hall closet, ensuite laundry, abundant cabinetry, and exceptional prep space.An expansive balcony and west facing windows fill the suite with natural light and showcase stunning sunset views. The generously sized primary bedroom includes two closets, one of which is a walk-in, providing storage rarely found in condo living. A three piece bathroom, one underground parking space, and a large locker complete the package.Residents enjoy 24-hour concierge service and premium amenities, including an indoor pool, fitness centre, meeting room, visitor parking, and beautifully maintained common spaces.Located just steps from the St. Clair streetcar and St. Clair West subway station, this home offers effortless access to downtown while placing cafés, restaurants, boutiques, grocery stores, and everyday essentials right outside your door.Bright, functional, and exceptionally well designed, this is turnkey midtown living in one of Toronto's most connected and desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,273.27/mo
Includes CMHC insurance ($17,800)
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 Humewood-Cedarvale
Humewood-Cedarvale 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 Humewood-Cedarvale
- •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
Humewood-Cedarvale 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.
530 St Clair Avenue Unit 1401, Forest Hill / Deer Park
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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
Fair Market Value
At $911/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.
Market Position
At 25 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Humewood-Cedarvale
I know Humewood-Cedarvale 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 $2,658 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.