311-2 Forest Hill Road, Toronto, ON

Casa Loma, Toronto · MLS® C13094408

$2,845,900
For Sale
Listed 76 days ago
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3Bedrooms
2Bathrooms
1Garage
1600-1799Sq Ft

About this home

Impressive and spacious 2 bedroom plus den suite with 2 bathrooms and nearly 1,900 sq ft of living space. The layout offers a wide open living and dining area that feels bright and inviting, with plenty of room to entertain or relax. The kitchen is thoughtfully designed with a large island that makes cooking and hosting easy, all while keeping a seamless flow through the main living space. The primary bedroom features a walk-in closet and a private ensuite, creating a comfortable and private retreat. The second bedroom is generously sized and well positioned, while the den adds extra flexibility for a home office, reading space, or additional bedroom. Step outside to enjoy a large terrace and balcony space, perfect for outdoor dining, relaxing, or entertaining guests. White Glove service can be expected by the top rated Forest Hill Group Concierge and Property management team. Convenient Valet and Porter services are included. Located in the highly sought-after Forest Hill neighbourhood, close to top-rated schools, parks, and local shops. Easy access to transit including the Eglinton Crosstown LRT, along with nearby restaurants, cafes, and everyday conveniences. A rare opportunity to enjoy expansive living space in one of Toronto's most desirable communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13094408
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1600-1799
Cross streets
ST CLAIR AVE W & AVENUE RD
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$2,261/mo
Exposure
North
Days on market
76
Listing brokerage
P2 REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

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.

Its public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Casa Loma · asking prices
$2.70Mavg asking

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

511-2 Forest Hill Road$2.81M411-2 Forest Hill$2.90M208-2 Forest Hill Road$2.38M

The 3 closest active listings nearby.

See all comparable homes
2.85MThis home2.81M2.90M2.38MThis home vs active comparables
Live market pulseActive comparables in Casa Loma · median list $3.25M
$1,675this home / sqft
6active listings nearby
76days on market
100sold nearby · 90 days
$690Kmedian sold price
96%of asking, on average

This home lists 9% below the area average of $1,849/sqft.

75 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

Casa Loma, 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.

Nearby neighbourhoods

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

Church-Yonge Corridor
$669K
Bay Street Corridor
$471K
Waterfront Communities C1
$652K
Moss Park
$519K
Waterfront Communities C8
$719K

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 Brown Junior Public School
86%
Brown Junior Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$12,971/mo
$599KIncome needed
4.7×Price ÷ income
$2,993Weekly 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.

76%mortgage
Mortgage $12,971Property tax $1,779Condo fee $2,261Total carry $17,010

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,149per month

Mortgage amount $2,276,720 · 4.14% over 25 years

$569,180Down payment (20.0%)
$2,276,720Loan before insurance
$0CMHC premium
$16,189Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,149
Property tax
$1,779
Condo / maintenance fees
$2,261
Heating
$0
Estimated monthly cost
$16,189

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

One-time closing costs

Ontario land transfer tax
$57,623
Toronto municipal land transfer tax
$57,623
Estimated closing costs
$115,245

Plus your down payment of $569,180. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,757/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

$1,368,107Total interest paid
$3,644,827Total of all payments
Principal $2,276,720 Interest $1,368,107
YearPrincipalInterestBalance
1$53,336$92,457$2,223,384
2$55,567$90,226$2,167,818
3$57,891$87,902$2,109,927
4$60,312$85,481$2,049,614
5$62,835$82,958$1,986,779
6$65,463$80,330$1,921,316
7$68,202$77,591$1,853,114
8$71,054$74,739$1,782,059
9$74,027$71,766$1,708,033
10$77,123$68,670$1,630,910
11$80,349$65,444$1,550,561
12$83,710$62,083$1,466,851
13$87,211$58,582$1,379,640
14$90,859$54,934$1,288,781
15$94,660$51,133$1,194,121
16$98,619$47,174$1,095,502
17$102,744$43,049$992,757
18$107,042$38,751$885,716
19$111,519$34,274$774,196
20$116,184$29,609$658,012
21$121,044$24,749$536,968
22$126,107$19,686$410,862
23$131,382$14,411$279,480
24$136,877$8,916$142,603
25$142,603$3,190$0

At the end of your 5-year term

Total paid over the term
$728,965
Principal paid down
$289,941
Interest paid
$439,025
Balance remaining
$1,986,779

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$5,450/mo
$65,400Gross annual rent
0.4%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.

2.3%
Gross yield
− Property tax $19,921− Condo fees $27,127− Insurance $600− Vacancy & upkeep $7,194Net operating income $10,557

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of P2 REALTY INC.. MLS®/PropTx.

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