B-34 Coulson Avenue, Toronto, ON

Forest Hill South, Toronto · MLS® C12838352

$2,699,000
For Sale
Listed 137 days ago
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4Bedrooms
4Bathrooms
1Garage · 3 parking
2750-2999Sq Ft

About this home

An exceptionally rare offering in a boutique two-residence property in the heart of Toronto's prestigious Forest Hill Village. Designed with a distinct New York ultra-chic loft aesthetic, this 4-bedroom, 4-bathroom home blends architectural edge with refined comfort.A bold façade with oversized black casement windows sets the tone. Inside, soaring ceilings, expansive glazing, and an open-concept layout create dramatic volume and natural light throughout. Wide-plank hardwood floors, clean lines, and curated high-end finishes deliver a true downtown loft feel - sophisticated, modern, and warm.The main living level is a showpiece where kitchen, living, and dining flow seamlessly in a bright, airy expanse ideal for entertaining. The chef-inspired kitchen features built-in stainless steel appliances, quartz countertops, and a substantial island designed for gathering. It offers the energy of a Tribeca-style loft with the functionality required for everyday family living.The upper level includes a private primary retreat along with additional living space, thoughtfully integrated to balance openness with privacy. The primary suite is serene and spacious, complete with a spa-like ensuite featuring a double vanity and sleek glass shower.Generously sized additional bedrooms make this home equally compelling for downsizers seeking turnkey luxury without compromise, or for larger families who appreciate design-forward living with flexibility.The lower level provides a comfortable rec room, sauna, and versatile space for media, fitness, or guests.Outdoors, the landscaped backyard oasis offers year-round enjoyment with a hot tub, seating areas, and lush greenery - anchored by the commissioned mural Creative Chaos (August 2023) by world-renowned Brazilian artist Elvis Mourao, dramatically bottom-lit against brick.Private parking completes this rare lifestyle opportunity steps from top schools, boutique shops, and the charm of Forest Hill Village.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
C12838352
Bedrooms
4
Bathrooms
4 (1 half)
Size
2750-2999
Cross streets
Spadina / Coulson
Parking
1 garage · 3 parking (detached)
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$625/mo
Exposure
North West
Property tax
$15,919 / 2026
Days on market
137
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Dining RoomUpper4.88 × 5.61 m

open concept · wood · pot lights

Bedroom 2Main3.60 × 3.72 m

4 pc ensuite · pot lights · walk-in closet(s)

KitchenUpper2.76 × 4.88 m

centre island · pantry · walk-out

Game RoomMain6.89 × 3.29 m

cathedral ceiling(s) · large window · pot lights

Living RoomUpper4.88 × 5.61 m

2 pc bath · gas fireplace

Bedroom 4Main2.23 × 3.02 m

hardwood floor · closet · pot lights

Primary BedroomUpper7.23 × 5.27 m

walk-in closet(s) · 6 pc ensuite · pot lights

Bedroom 3Main3.29 × 3.72 m

hardwood floor · walk-in closet(s) · large window

LaundryMain2.23 × 3.29 m

hardwood floor · laundry sink · window

Moe’s TakeTeam Asgarian · Broker
In the wider range
$2.72Mest. value

Listed at $2,699,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.29M, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $3.00M
  • Size difference +$227K
  • Bedrooms +$30K
  • Bathrooms +$30K
  • Adjusts to $3.29M

That comparable adjusts to $3.29M; the $2.72M estimate above is the median of all 16 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$2.48MGreat deal$2.95MOverpriced

Total price vs nearby homes. Fair value about $2.72M, median of 16 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Worth verifying
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Forest Hill South · asking prices
$3.00Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

405-342 Spadina Road$3.00M

The 1 closest active listing nearby.

See all comparable homes
2.70MThis home3.00MThis home vs active comparables
Live market pulseActive comparables in Forest Hill South · median list $1.05M
$939this home / sqft
16active listings nearby
137days on market

This home lists 2% below the area average of $961/sqft.

136 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Forest Hill South, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Annex
$929K
Church-Yonge Corridor
$672K
Waterfront Communities C1
$777K
Willowdale East
$489K
Willowdale West
$770K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Holy Rosary
89%
Holy RosaryCatholic · Elementary · 0.6 km awayHigher-rated than most nearby · 89% meet the provincial standard
Forest Hill Junior and Senior Public SchoolEQAO results not published
Forest Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$12,301/mo
$527KIncome needed
5.1×Price ÷ income
$2,839Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

86%mortgage
Mortgage $12,301Property tax $1,327Condo fee $625Total carry $14,253

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,522per month

Mortgage amount $2,159,200 · 4.14% over 25 years

$539,800Down payment (20.0%)
$2,159,200Loan before insurance
$0CMHC premium
$13,474Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,522
Property tax
$1,327
Condo / maintenance fees
$625
Heating
$0
Estimated monthly cost
$13,474

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$53,950
Toronto municipal land transfer tax
$53,950
Estimated closing costs
$107,900

Plus your down payment of $539,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13,995/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,297,488Total interest paid
$3,456,688Total of all payments
Principal $2,159,200 Interest $1,297,488
YearPrincipalInterestBalance
1$50,583$87,685$2,108,617
2$52,698$85,569$2,055,919
3$54,903$83,365$2,001,016
4$57,199$81,068$1,943,817
5$59,592$78,676$1,884,225
6$62,084$76,183$1,822,141
7$64,681$73,586$1,757,460
8$67,387$70,881$1,690,073
9$70,205$68,062$1,619,867
10$73,142$65,125$1,546,725
11$76,201$62,066$1,470,524
12$79,389$58,879$1,391,135
13$82,710$55,558$1,308,425
14$86,169$52,098$1,222,256
15$89,774$48,494$1,132,483
16$93,529$44,739$1,038,954
17$97,441$40,827$941,513
18$101,517$36,751$839,997
19$105,763$32,505$734,234
20$110,187$28,081$624,047
21$114,796$23,472$509,251
22$119,597$18,670$389,654
23$124,600$13,667$265,054
24$129,812$8,456$135,242
25$135,242$3,026$0

At the end of your 5-year term

Total paid over the term
$691,338
Principal paid down
$274,975
Interest paid
$416,363
Balance remaining
$1,884,225

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$9,350/mo
$112,200Gross annual rent
2.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.2%
Gross yield
− Property tax $15,919− Condo fees $7,500− Insurance $600− Vacancy & upkeep $12,342Net operating income $75,839

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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