530 St Clair Avenue Unit 1505, Toronto C03

Price: $445,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C12760832

530 St Clair Ave W. 98 WALKING SCORE! Daily errands do not require a car! Everything is at your door! Imagine Your Life Living In This Metropolitan Jewel. You Will Discover That This Spectacular Sun-Filled Suite, Located Steps To The Best Of Everything, Is Perfect For You! The Layout Is Ideal For Entertaining And Relaxing In Style. The Moment You Step Inside, You Will Realize That You Are Home. 588 sq ft. With a large Southeast facing Terrace-Balcony. TTC, Streetcar, Buses, St Clair West Subway, Loblaws, Shoppers Drugmart, Excellent Restaurants, Cafes, Fast Food, Small Independent Shops, All At Your Door! Residents Can Take Advantage Of The Many Amenities This Building Offers, Among Them The Distinguished "530 Club", A Two-Storey Recreation, Entertainment And Fitness Centre That Houses A Multimedia Room, Guest Suites, A Library, A Boardroom, An Indoor Pool And A Party Room. Seeking A Taste Of The Outdoors This Upscale Building Is A Heartbeat Away From The Playgrounds, Tennis Courts, Running Paths, Picnic Spots And Other Outdoor Recreational Facilities Found In Cedarvale Park.

530 St Clair Avenue Unit 1505 - Condo photo 1 of 30 in Forest Hill / Deer Park, Ontario
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$445,000 - 530 St Clair Avenue Unit 1505, Forest Hill

Condo for Sale in Forest Hill

126 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
C12760832
Property Type
Condo
Status
active
Days on Site
126
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Forest Hill / Deer Park
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

530 St Clair Ave W. 98 WALKING SCORE! Daily errands do not require a car! Everything is at your door! Imagine Your Life Living In This Metropolitan Jewel. You Will Discover That This Spectacular Sun-Filled Suite, Located Steps To The Best Of Everything, Is Perfect For You! The Layout Is Ideal For Entertaining And Relaxing In Style. The Moment You Step Inside, You Will Realize That You Are Home. 588 sq ft. With a large Southeast facing Terrace-Balcony. TTC, Streetcar, Buses, St Clair West Subway, Loblaws, Shoppers Drugmart, Excellent Restaurants, Cafes, Fast Food, Small Independent Shops, All At Your Door! Residents Can Take Advantage Of The Many Amenities This Building Offers, Among Them The Distinguished "530 Club", A Two-Storey Recreation, Entertainment And Fitness Centre That Houses A Multimedia Room, Guest Suites, A Library, A Boardroom, An Indoor Pool And A Party Room. Seeking A Taste Of The Outdoors This Upscale Building Is A Heartbeat Away From The Playgrounds, Tennis Courts, Running Paths, Picnic Spots And Other Outdoor Recreational Facilities Found In Cedarvale Park.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,283.08/mo

Includes CMHC insurance ($12,416)

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5-yr fixed avg.

Principal: $400,500Interest: $272,009
Mortgage Amount$412,916
Total Interest$272,009
Est. Property Tax$315/mo
Total Cost$684,924

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 / Deer Park

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

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 / 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.

70
Walk Score
Varies
Price Range

530 St Clair Avenue Unit 1505, 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)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$315
Insurance (est.)-$93
Net Cash Flow+$1,067

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

Fair Market Value

At $890/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.

Negotiation Opportunity

At 126 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.

Efficient Living

At 500 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.

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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    530 St Clair Avenue Unit 1505 | $445,000 | Battaglia Team