$939,000 - 70 Montclair Avenue Unit 405, Forest Hill
Condo for Sale in Forest Hill
61 days on market- MLS Number
- C13095156
- Property Type
- Condo
- Status
- active
- Days on Site
- 61
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Locker
- Exclusive
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Set within a discreet Forest Hill Village enclave, 70 Montclair offers a rare opportunity to enjoy the ease of boutique living in one of the city's most established and sought-after neighbourhoods. Recently updated and exceptionally well maintained, the building is nestled on a quiet cul-de-sac just one block from Forest Hill Village's shops, restaurants, parks, ravine trails, bus, and subway, combining remarkable convenience with a peaceful residential setting. This 1630 square-foot suite offers incredible value and remarkable flexibility, easily functioning as a generous three-bedroom home or as a two-bedroom with separate dining room or den. Additional spaces, including an office, solarium and private balcony, extend the living space and create inviting areas for reading, working, entertaining, or quiet retreat throughout the seasons. The building has undergone major improvements, including new boiler, windows, and balconies, with further enhancements planned such as ensuite laundry, updated hallways, and a guest suite.The new lobby and professional landscaping, completed in 2019, and a beautifully redesigned rooftop terrace in 2025 -- with barbecues, dining, and lounge areas -- add to the sense of thoughtful care throughout the property. Residents enjoy the comfort of a well-managed community with a live-in superintendent, fitness room, visitor parking, and enhanced security. An exceptional offering for those seeking space, versatility, and a refined lifestyle in the heart of Forest Hill Village.
Estimate your monthly payments for this property
Estimated Payment
$4,817.56/mo
Includes CMHC insurance ($26,198)
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.
70 Montclair Avenue Unit 405, Forest Hill / Deer Park
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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 $587/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.
Negotiation Opportunity
At 61 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.
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 $3,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.