530 St Clair Avenue Unit 1404, Toronto C03

Price: $395,900

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: C13845308

A Smart First Step Into Toronto Homeownership. Tired Of Renting And Ready To Make The Move To Owning? Welcome To 530 St. Clair Ave W, Where A Freshly Painted, Turn-Key 1-Bedroom, 1-Bathroom Suite Offers An Exciting Opportunity To Enter The Toronto Market. Bright, Comfortable And Easy To Move Into, This Unit Features Ensuite Laundry And A Private Balcony, Giving You The Space And Convenience You Need For Everyday Living. There's No Renovation List Waiting For You, Simply Unpack And Make It Your Own. The Location Puts You Right In The Heart Of St. Clair West, Close To Bathurst, Steps From St. Clair West Subway Station, Sir Winston Churchill Park, Wychwood Barns, Cedarvale And Charming Forest Hill Village. Enjoy An Abundance Of Cafés, Restaurants, Shops And Everyday Conveniences, With Transit Right At Your Doorstep And The Best Of Toronto Within Easy Reach. If You've Been Waiting For The Right Opportunity To Stop Renting And Start Owning, This Could Be Your Moment.

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active
New Listing
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$395,900 - 530 St Clair Avenue Unit 1404, Forest Hill

Condo for Sale in Forest Hill

New — Listed 4 days ago

Neighbourhood: Humewood-Cedarvale

1Beds
1Baths
600Sq Ft
Condo

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
C13845308
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Forest Hill / Deer Park
Taxes (2026)
$2,762
Maintenance Fees
$671/mo
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

A Smart First Step Into Toronto Homeownership. Tired Of Renting And Ready To Make The Move To Owning? Welcome To 530 St. Clair Ave W, Where A Freshly Painted, Turn-Key 1-Bedroom, 1-Bathroom Suite Offers An Exciting Opportunity To Enter The Toronto Market. Bright, Comfortable And Easy To Move Into, This Unit Features Ensuite Laundry And A Private Balcony, Giving You The Space And Convenience You Need For Everyday Living. There's No Renovation List Waiting For You, Simply Unpack And Make It Your Own. The Location Puts You Right In The Heart Of St. Clair West, Close To Bathurst, Steps From St. Clair West Subway Station, Sir Winston Churchill Park, Wychwood Barns, Cedarvale And Charming Forest Hill Village. Enjoy An Abundance Of Cafés, Restaurants, Shops And Everyday Conveniences, With Transit Right At Your Doorstep And The Best Of Toronto Within Easy Reach. If You've Been Waiting For The Right Opportunity To Stop Renting And Start Owning, This Could Be Your Moment.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,031.17/mo

Includes CMHC insurance ($11,046)

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5%10%50%

5-yr fixed avg.

Principal: $356,310Interest: $241,996
Mortgage Amount$367,356
Total Interest$241,996
Est. Property Tax$280/mo
Total Cost$609,352

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: Humewood-Cedarvale

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

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

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.

70
Walk Score
Varies
Price Range

530 St Clair Avenue Unit 1404, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$671
Property Tax (est.)-$280
Insurance (est.)-$82
Net Cash Flow+$767

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

Competitive Pricing

At $660/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.

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. The $671/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 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.

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.

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