503-350 Lonsdale Road, Toronto, ON
Forest Hill South, Toronto · MLS® C13495748
About this home
Nestled on the 5th floor, with just over the treetop views, overlooking a park, Cedarvale Ravine and the homes of Forest Hill, this 1,523 square foot, artfully finished, 2 bedroom plus office (can convert to 3rd Bedroom) unit has a long list of outstanding features. The open-concept floor plan with floor-to-ceiling windows provides lots of natural light. There are built-ins in every room, plus a walk-in pantry and a 10x5 foot storage room insuite. The lightly stained 7 inch plank hardwood floors are complemented by 2x4 foot stone slab flooring in the Kitchen and Bathrooms. Motorized blinds cover each window, with blackouts in each of the bedrooms. The Primary Bedroom has wall-to-wall custom closets, oversized windows, a 5-piece ensuite bathroom with pocket door and a floating vanity with His and Hers sinks. The washer and dryer are full-sized, with a sink and pocket door. The panelled refrigerator/freezer is Subzero. Miele provides the range, cooktop and built-in dishwasher. The Lonsdale House, an 84 unit boutique building was built in 1970. Fabulous amenities include 24-hour concierge, indoor pool, rooftop terrace, gym, party room and plenty of visitors' parking. It's super close to shops, restaurants, banks, both public and private schools, Forest Hill Village and a short stroll to the subway.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13495748
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1400-1599
- Cross streets
- N/O St. Clair W/O Spadina
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Radiant
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $2,487/mo
- Exposure
- North
- Property tax
- $6,438 / 2026
- Days on market
- 21
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
hardwood floor · open concept · combined w/living
hardwood floor · b/i shelves · open concept
double doors · hardwood floor · double closet
w/o to balcony · combined w/dining · b/i shelves
4 pc ensuite · w/w closet · walk-in closet(s)
centre island · custom backsplash · walk-in closet(s)
pocket doors · pot lights · tile floor
w/w closet · hardwood floor · north view
Listed at $1,695,000, this home is within the range of comparable homes, on the higher side. 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 $1.32M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $1.05M
- Bedrooms +$30K
- Adjusts to $1.08M
That comparable adjusts to $1.08M; the $1.43M 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 Lonsdale Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.43M, 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Worth verifying
- Weigh carefully
- 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 7% above the area average of $1,053/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 Lonsdale Rd, about 150 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
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 17, 2026); conventional rates run a little higher.
Mortgage amount $1,356,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,236
- Property tax
- $537
- Condo / maintenance fees
- $2,487
- Heating
- $0
- Estimated monthly cost
- $10,260
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,375
- Toronto municipal land transfer tax
- $30,375
- Estimated closing costs
- $60,750
Plus your down payment of $339,000. 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
- $434,167
- Principal paid down
- $172,687
- Interest paid
- $261,480
- Balance remaining
- $1,183,313
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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.