206-447 Walmer Road, Toronto, ON
Forest Hill South, Toronto · MLS® C13247672
About this home
Welcome to Suite 206 at Heathside Place, a truly rare offering in the heart of prestigious Forest Hill South. This expansive 1500 sqft corner residence delivers an exceptional blend of space, privacy, and natural light, all within an intimate boutique setting. The only unit on the mezzanine level in the entire building (71 units), enjoy a level of exclusivity that feels more like a private home than a condo. Thoughtfully designed for both everyday living and elegant entertaining, this 2-bedroom, 2-bathroom suite features beautiful, well-maintained flooring throughout and floor-to-ceiling windows that bathe the space in natural light. The open living and dining areas flow seamlessly into a well-appointed kitchen complete with full-sized S/S appliances, loads of counter space, and a breakfast bar. Both bedrooms are generously sized, offering exceptional comfort. The primary bedroom features a large walk-in closet and a private ensuite. A rare highlight, this suite offers both a private outdoor patio and a Juliet balcony, perfect for enjoying quiet mornings with a coffee in hand or the evening air with a glass of wine. Meticulously maintained by the same owner for 13 years, pride of ownership is immediately felt right as you walk through the front door. The expansive layout rivals that of many Toronto bungalows, making this an ideal option for discerning downsizers or those seeking space and comfort without compromise / the hassle of yard work. Additional features include 2 parking spaces and an oversized locker, conveniently located directly behind one of the parking spots. Residents enjoy access to a private gym, 24/7 concierge, steam room, sauna, and a rooftop terrace with sweeping views of the city and Sir Winston Churchill Park. Ideally located just steps to the TTC, St. Clair West subway station & surrounded by charming cafes, fine dining, boutique shops and top rated private and public schools. Sophisticated. Spacious. This is Forest Hill living at its finest.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13247672
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1400-1599
- Cross streets
- Walmer / St Clair Ave W
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $2,006/mo
- Exposure
- South East
- Property tax
- $6,425 / 2025
- Days on market
- 42
- Listing brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Rooms
stainless steel appl · breakfast bar · overlooks dining
marble floor · large closet · 3 pc bath
window floor to ceiling · w/o to balcony · laminate
walk-in closet(s) · ensuite bath · large window
large closet · large window · laminate
laminate · open concept · combined w/living
Listed at $1,050,000, this home is about 34% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.38M, a bit lower.
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
- Bedrooms −$30K
- Adjusts to $1.67M
That comparable adjusts to $1.67M; the $1.58M estimate above is the median of all 7 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 very walkable address with everyday errands close by. Spadina Rd at Heath St West is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.58M, median of 7 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.
- Primary suite: a key comfort and resale feature.
- 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 38% below the area average of $1,124/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.
Getting around
Very WalkableA 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Spadina Rd at Heath St West, about 99 m away
Within a 15-minute (1.5 km) walk.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $840,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,483
- Property tax
- $535
- Condo / maintenance fees
- $2,006
- Heating
- $0
- Estimated monthly cost
- $7,024
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,475
- Toronto municipal land transfer tax
- $17,475
- Estimated closing costs
- $34,950
Plus your down payment of $210,000. 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
- $268,953
- Principal paid down
- $106,974
- Interest paid
- $161,979
- Balance remaining
- $733,026
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 COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.