405-342 Spadina Road, Toronto, ON
Forest Hill South, Toronto · MLS® C13032724
About this home
Start with the light. Three exposures. Floor-to-ceiling windows. Nine-foot ceilings. Downtown Toronto in the distance, treetops in the foreground. Everything else follows from there.Suite 405 is 2,534 square feet of evidence that someone refused to compromise. In 2022, this residence was taken back to concrete. Not renovated. Rebuilt. And that distinction matters.The open-concept living area features sculpted ceilings and coves with indirect Lutron-controlled LED lighting, an acoustic demising wall, a slab-quartz feature wall with an Evonik frameless three-sided fireplace, floating rift-cut oak shelves, a built-in bar and wine fridge, concealed AV components, and effortless dining for twelve or more.The kitchen bears scrutiny. Custom-painted and rift-cut oak cabinetry. A 10-foot island. Book-matched Italian quartz counters and backsplash. A full suite of top-of-the-line integrated Jenn-Air appliances: twin fridge and freezer columns, induction cooktop, dual convection ovens, and an under-counter dual-temperature wine fridge. A Bosch ultra-quiet dishwasher. Recessed under-cabinet LED task lighting. Exterior-vented downdraft. The photographer didn't make this kitchen beautiful. The designer did.The primary suite offers north-facing treetop views, blackout drapes, a walkout to the enclosed sunroom, and a custom walk-in closet. The ensuite: Bain Ultra freestanding soaker tub, Schluter heated floors, porcelain-slab shower with Diamon-Fusion glass, and Kohler Purist polished-nickel fixtures throughout. Others talk of spa-like retreats. This unit delivers.The guest bedroom is finished with identical conviction: expansive windows, direct ensuite access, and a three-piece bath with large-format porcelain tile applied to the floors and shower enclosure, and a custom floating vanity with a porcelain slab counter. Cont...
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13032724
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 2500-2749
- Cross streets
- Spadina Rd/St Clair Ave West
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $3,450/mo
- Exposure
- North East
- Property tax
- $8,099 / 2025
- Days on market
- 92
- Listing brokerage
- FOX MARIN ASSOCIATES LTD.
Rooms
enclosed · ceramic floor · window floor to ceiling
hardwood floor · closet · 3 pc bath
dropped ceiling · hardwood floor · walk-in closet(s)
pot lights · hardwood floor · w/o to sunroom
window floor to ceiling · walk-in closet(s) · 5 pc ensuite
combined w/dining · fireplace · window floor to ceiling
combined w/living · hardwood floor · window floor to ceiling
quartz counter · porcelain floor · laundry sink
stone counters · b/i appliances · centre island
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairIts public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
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 13% above the area average of $1,007/sqft.
On the market now.
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 $2,398,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,799
- Property tax
- $675
- Condo / maintenance fees
- $3,450
- Heating
- $0
- Estimated monthly cost
- $16,924
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $61,425
- Toronto municipal land transfer tax
- $61,425
- Estimated closing costs
- $122,850
Plus your down payment of $599,600. 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
- $767,925
- Principal paid down
- $305,437
- Interest paid
- $462,488
- Balance remaining
- $2,092,963
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 FOX MARIN ASSOCIATES LTD.. MLS®/PropTx.