301-342 Spadina Road, Toronto, ON
Forest Hill South, Toronto · MLS® C12984956
About this home
Nestled in a boutique residence of only 20 suites in prestigious Forest Hill Village is this meticulously renovated 1,750 SF corner suite. This turnkey residence showcases 2 spacious bedrooms & 2 bathrooms, boasting bespoke finishes that elevate everyday living. Bathed in natural light, the suite features floor-to-ceiling glass creating a bright and airy atmosphere. The sumptuous light wood floors add a sophisticated touch to every room. A striking fireplace with custom built-ins & integrated lighting, serves as the anchor of the main living space. The thoughtfully designed split floor plan offers a seamless flow ideal for entertaining. The chef's kitchen is equipped with high-end Miele appliances, a stunning quartz center island with overhead hood fan & ample cabinetry. Breathtaking views of the surrounding tree canopy. Retreat to the gracious primary suite, featuring custom built-in cabinetry & a spa-like ensuite, complete with double sinks, a spacious walk-in shower with bench, heated floors & heated towel rack & exquisite finishes that exude opulence. The generous second bedroom is the epitome of comfort & style, while the additional bathroom boasts a luxurious soaker tub, heated floors & towel rack. This impressive suite also includes a full laundry room with sink and extra storage. Completing the package are 2 parking spaces & large locker. Situated just steps away from The Village, Loblaws, boutique shops & fine dining options, as well as Winston Churchill Park & scenic ravines. Public transit is conveniently around the corner. This exceptional residence harmonizes exquisite design with an unbeatable location, setting the stage for an enviable lifestyle in one of Toronto's most sought-after neighbourhoods.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C12984956
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1600-1799
- Cross streets
- Spadina Rd / St. Clair Ave
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $2,174/mo
- Exposure
- South West
- Property tax
- $5,475 / 2025
- Days on market
- 103
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
hardwood floor · b/i closet · window floor to ceiling
hardwood floor · b/i closet · 4 pc ensuite
hardwood floor · combined w/living · pot lights
hardwood floor · centre island · window floor to ceiling
hardwood floor · double closet · pot lights
hardwood floor · open concept · fireplace
ceramic floor · b/i shelves · laundry sink
hardwood floor · overlooks living · pantry
Listed at $1,795,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In Forest Hill South lately, sellers have been getting about 95% of asking and homes sell in about 40 days.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.15M, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $1.70M
- Size difference +$82K
- Bedrooms −$46K
- Adjusts to $1.73M
That comparable adjusts to $1.73M; the $1.50M estimate above is the median of all 6 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.
Its public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $1.50M, median of 6 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 18% above the area average of $895/sqft.
102 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Forest Hill South, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,436,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,663
- Property tax
- $456
- Condo / maintenance fees
- $2,174
- Heating
- $0
- Estimated monthly cost
- $10,293
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,375
- Toronto municipal land transfer tax
- $32,375
- Estimated closing costs
- $64,750
Plus your down payment of $359,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $459,782
- Principal paid down
- $182,875
- Interest paid
- $276,907
- Balance remaining
- $1,253,125
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.