$1,128,000 - 58 Orchard View Boulevard Unit TH7, Forest Hill
Condo for Sale in Forest Hill
160 days on market- MLS Number
- C12673112
- Property Type
- Condo
- Status
- active
- Days on Site
- 160
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Locker
- Owned
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- HOMELIFE NEW WORLD REALTY INC.
Absolutely Fabulous 2Storey Townhouse 1355 Sf In Prime Midtown Location Of Yonge/Eglinton For Active Professionals. Features 2+1Bedrooms And 3Washrooms, Modern Kitchen W/Centre Island & Pantry, Quartz Countertop, Tile Backsplash, S/S Appliances. Powered and Black-Out Blinds. It Feel Like A Real Home Featuring Understated Elegant Living Spaces With Quality Finishes. Designed For Entertaining As Well As Comfort, Every Detail Has Been Attended To In This Loft. Walk-Out To A Garden, Floor To Ceiling Windows, 24 Hr Concierge, Gym W/Yoga Studio, Guest Suite, Theater Room, Modern Party Lounge And Rooftop Deck W/Bbq Area. Stylish building just steps from the subway, Shopping Center, Restaurants, and all that Yonge & Eglinton has to offer! The Seller Is Willing To Negotiate The Furniture If Any Buyer Interested. **TWO PARKING SPOT SIDE BY SIDE EQUIPED WITH ELECTRIC CHARGER STATION**
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Estimated Payment
$4,989.52/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.
58 Orchard View Boulevard Unit TH7, 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 $940/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 160 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.
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.
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 $4,700 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.