403-707 Eglinton Avenue, Toronto, ON

Forest Hill South, Toronto · MLS® C13142276

$398,000
For Sale
Listed 66 days ago
1Bedrooms
1Bathrooms
0Parking
700-799Sq Ft

About this home

Step into serenity at " The Roycroft," a landmark vintage New York-style Art Deco building in Forest Hill. Designed by prominent architect John Edward Hoare, this prime south-east corner suite beautifully blends contemporary and vintage styles, while natural light pours in throughout the day. This serene corner suite features oak strip hardwood floors throughout, along with a separate windowed contemporary kitchen. The 2017 renovation includes white lacquer cabinetry, grey stone countertops, and luxury stainless steel appliances by Bosch, LG, and Samsung. Enjoy spectacular south- and east-facing open treetop views overlooking the picturesque Forest Hill skyline. Step right back into the city action with the newly completed Eglinton LRT, and with the Chaplin underground station, you are just one stop from the Yonge subway line. Co-ownership monthly fee covers all utilities, including cable/internet, as well as property taxes!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13142276
Bedrooms
1
Bathrooms
1
Size
700-799
Cross streets
Eglinton Avenue West and Vesta Drive
Parking
0 parking
Basement
None
Heating
Radiant
A/C
Window Unit(s)
Exterior
Brick
Maintenance
$996/mo
Exposure
South East
Days on market
66
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

BedroomFlat4.85 × 3.26 m

ceiling fan(s) · hardwood floor · window

Family RoomFlat5.18 × 3.96 m

hardwood floor · window

BathroomFlat1.82 × 1.47 m

4 Pc Ensuite

KitchenFlat2.45 × 1.96 m

Window

FoyerFlat1.95 × 1.16 m

Hardwood Floor

Dining RoomFlat3.22 × 2.44 m

hardwood floor · window

Our TakeTeam Asgarian · Broker
Below comparables
$590Kest. value

Listed at $398,000, and my independent estimate is about 33% below comparable homes, worth a close look.

In Forest Hill South lately, sellers get about 96% of asking; homes sell in ~36 days.

List price
$398KGreat deal$654KOverpriced

Total price vs nearby homes. Fair value about $590K, median of 60 comparables.

How this estimate is builtthe short version

I take the 60 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can 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
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

Based on 60 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$431kavg asking

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

423-50 Thomas Riley Road$410k417-160 Vanderhoof Avenue$378k711-5 Frith Road$295k817-33 Frederick Todd Way$509k404-500 St Clair Avenue$565k

The 5 closest active listings nearby.

See all comparable homes
398kThis home410k378k295k509k565kThis home vs active comparables
Live market pulseActive comparables in Forest Hill South · median list $565K
$531this home / sqft
5active listings nearby
66days on market
100sold nearby · 90 days
$657Kmedian sold price
96%of asking, on average

This home lists 39% below the area average of $876/sqft.

65 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.

Nearby neighbourhoods

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

Mount Pleasant West
$685K
Annex
$2.03M
Church-Yonge Corridor
$551K
Waterfront Communities C1
$624K
Moss Park
$742K

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 · 2.0 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
$1,814/mo
$100KIncome needed
4.0×Price ÷ income
$419Weekly 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.

59%mortgage
Mortgage $1,814Property tax $249Condo fee $996Total carry $3,059

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,699per month

Mortgage amount $318,400 · 4.14% over 25 years

$79,600Down payment (20.0%)
$318,400Loan before insurance
$0CMHC premium
$2,944Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,699
Property tax
$249
Condo / maintenance fees
$996
Heating
$0
Estimated monthly cost
$2,944

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

One-time closing costs

Ontario land transfer tax
$4,445
Toronto municipal land transfer tax
$4,445
Estimated closing costs
$8,890

Plus your down payment of $79,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,064/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

$191,330Total interest paid
$509,730Total of all payments
Principal $318,400 Interest $191,330
YearPrincipalInterestBalance
1$7,459$12,930$310,941
2$7,771$12,618$303,170
3$8,096$12,293$295,074
4$8,435$11,954$286,639
5$8,788$11,602$277,852
6$9,155$11,234$268,697
7$9,538$10,851$259,159
8$9,937$10,452$249,222
9$10,353$10,037$238,869
10$10,786$9,604$228,083
11$11,237$9,152$216,846
12$11,707$8,682$205,140
13$12,197$8,193$192,943
14$12,707$7,683$180,236
15$13,238$7,151$166,998
16$13,792$6,597$153,206
17$14,369$6,020$138,837
18$14,970$5,419$123,868
19$15,596$4,793$108,272
20$16,248$4,141$92,023
21$16,928$3,461$75,095
22$17,636$2,753$57,459
23$18,374$2,015$39,085
24$19,142$1,247$19,943
25$19,943$446$0

At the end of your 5-year term

Total paid over the term
$101,946
Principal paid down
$40,548
Interest paid
$61,398
Balance remaining
$277,852

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$2,400/mo
$28,800Gross annual rent
2.6%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.

7.2%
Gross yield
− Property tax $2,786− Condo fees $11,953− Insurance $600− Vacancy & upkeep $3,168Net operating income $10,293

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

CallRequest a showing