303-335 Lonsdale Road, Toronto, ON

Forest Hill South, Toronto · MLS® C13441474

$549,000
For Sale
Listed 34 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Life is lovely on Lonsdale! Nestled in the heart of coveted Forest Hill Village, this 2 bedroom, 2 bathroom suite combines an unparalleled location, fantastic space, and a ton of potential. The bright, open concept living and dining area can easily scale from intimate gatherings to holiday hosting. Each of the two bedrooms is well-proportioned, has hardwood flooring, and enjoys large windows and closet. The primary bedroom also features a 3 piece ensuite. Steps to transit, schools, and the restaurants, cafes, and shops of Forest Hill Village, this family-friendly but quiet building also offers the serenity of a cul de sac and easy access to parks and the gorgeous hiking trail along Cedarvale Ravine. Monthly maintenance fees include heat, water, and hydro, making budgeting a breeze. A locker and parking spot are included, and residents can enjoy soaking up some rays or sunset views on the rooftop patio. In an area where city conveniences and village life beautifully collide, this one is packed with potential and not to be missed! Some rooms have been virtually staged for ideas on how to make this lovely space your own.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13441474
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Spadina Road & St.Clair Avenue
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Brick
Maintenance
$1,249/mo
Exposure
North
Property tax
$3,000 / 2026
Days on market
34
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Living RoomMain3.27 × 3.71 m

hardwood floor · combined w/dining · large window

Bedroom 2Main3.62 × 2.80 m

hardwood floor · large closet · large window

KitchenMain2.19 × 2.25 m

tile floor · stainless steel appl · backsplash

Primary BedroomMain4.22 × 3.42 m

hardwood floor · 3 pc ensuite · large window

Dining RoomMain2.70 × 6.07 m

hardwood floor · combined w/living · large window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$760Kest. value

Listed at $549,000, this home is about 28% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $624K, 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 $549K
  • Adjusts to $549K

That comparable adjusts to $549K; the $760K estimate above is the median of all 5 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 Lonsdale Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$549KGreat deal$824KOverpriced

Total price vs nearby homes. Fair value about $760K, median of 5 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Forest Hill South · asking prices
$755kavg asking

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

307-447 Walmer Road$549k1607-500 St Clair Avenue$850k313-6 Parkwood Avenue$865k

The 3 closest active listings nearby.

See all comparable homes
549kThis home549k850k865kThis home vs active comparables
Live market pulseActive comparables in Forest Hill South · median list $850K
$646this home / sqft
6active listings nearby
34days on market

This home lists 39% below the area average of $1,065/sqft.

On the market now.

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.

Getting around

81/ 100

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 Lonsdale Rd, about 80 m away

20+ transit stops3 grocery20+ dining20+ parks15 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C1
$694K
Waterfront Communities C8
$998K
Banbury-Don Mills
$500K

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 · 0.4 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
$2,502/mo
$130KIncome needed
4.2×Price ÷ income
$577Weekly 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.

63%mortgage
Mortgage $2,502Property tax $250Condo fee $1,249Total carry $4,001

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,344per month

Mortgage amount $439,200 · 4.14% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$3,843Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$250
Condo / maintenance fees
$1,249
Heating
$0
Estimated monthly cost
$3,843

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

One-time closing costs

Ontario land transfer tax
$7,455
Toronto municipal land transfer tax
$7,455
Estimated closing costs
$14,910

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,847/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

$263,920Total interest paid
$703,120Total of all payments
Principal $439,200 Interest $263,920
YearPrincipalInterestBalance
1$10,289$17,836$428,911
2$10,719$17,405$418,192
3$11,168$16,957$407,024
4$11,635$16,490$395,389
5$12,121$16,003$383,268
6$12,629$15,496$370,639
7$13,157$14,968$357,483
8$13,707$14,418$343,775
9$14,280$13,844$329,495
10$14,878$13,247$314,617
11$15,500$12,625$299,117
12$16,148$11,976$282,969
13$16,824$11,301$266,145
14$17,528$10,597$248,618
15$18,261$9,864$230,357
16$19,025$9,100$211,332
17$19,820$8,305$191,512
18$20,649$7,475$170,863
19$21,513$6,612$149,349
20$22,413$5,712$126,937
21$23,350$4,774$103,586
22$24,327$3,798$79,259
23$25,345$2,780$53,914
24$26,405$1,720$27,509
25$27,509$615$0

At the end of your 5-year term

Total paid over the term
$140,624
Principal paid down
$55,932
Interest paid
$84,692
Balance remaining
$383,268

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$2,700/mo
$32,400Gross annual rent
1.9%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.

5.9%
Gross yield
− Property tax $3,000− Condo fees $14,983− Insurance $600− Vacancy & upkeep $3,564Net operating income $10,253

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

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