704-840 St Clair Avenue, Toronto, ON
Oakwood Village, Toronto · MLS® C13590084
About this home
Rare Penthouse-Style Boutique Living in Oakwood Village!Welcome to Suite 704 at the highly coveted Eight Forty Residences. Tucked into one of midtown's most vibrant communities, this exceptional low-rise building places you mere steps from incredible family-run trattorias, local artisan bakeries, and lively cafes of the vibrant StClair West neighborhood. This impeccably renovated, north-facing 2-bedroom, 2-bathroom residence showcases an expansive1,118 sq. ft. of customized interior luxury. The open concept floor plan features striking high ceilings, plank engineered hardwood flooring, and tailored window treatments throughout.Aspiring chefs will love the open-concept gourmet kitchen, completely outfitted with solid quartz countertops, a matching full-slab backdrop, premium under-cabinet lighting, and full-size stainless & panelled appliances.The primary retreat serves as a peaceful sanctuary, offering a massive walk-in closet complete with bespoke built-in organizers, expansive windows, and a spa-inspired ensuite featuring custom tile work and a double vanity. The second full bathroom mirrors the elevated quartz surfaces and includes a sleek walk-in glass shower.Floor-to-ceiling glass walls frame the living space and open onto an extraordinary, private open-air terrace. Overlooking a serene, mature tree canopy, this sprawling outdoor oasis is an entertainer's dream, complete with a dedicated gas line for effortless summer BBQs.Unmatched Convenience: The St. Clair dedicated streetcar is right at your doorstep, connecting you to St. Clair West Station in just minutes. Includes ensuite laundry, 2 rare side-by-side parking spaces, and a locker conveniently located right next to your spots. Turn-key and flawless-welcome to boutique city living at its absolute finest!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13590084
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1000-1199
- Cross streets
- St Clair Ave W & Christie
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Metal/Steel Siding, Stone
- Maintenance
- $1,222/mo
- Exposure
- North
- Property tax
- $6,169 / 2026
- Days on market
- 1
- Listing brokerage
- SAGE REAL ESTATE LIMITED
Rooms
hardwood floor · open concept · w/o to terrace
hardwood floor · b/i shelves · combined w/living
hardwood floor · open concept · centre island
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · window · 3 pc bath
hardwood floor · pantry · combined w/laundry
Listed at $999,000, this home is about 19% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($909/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 8 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 8 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.12M, higher than the comparables and worth a second look.
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, sold for $877K
- Bedrooms −$23K
- Adjusts to $854K
That comparable adjusts to $854K; the $837K estimate above is the median of all 8 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Total price vs nearby homes. Fair value about $837K, median of 8 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 8% below the area average of $985/sqft.
0 days faster than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Oakwood Village, Toronto, ON
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) →
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 22, 2026); conventional rates run a little higher.
Mortgage amount $799,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,265
- Property tax
- $514
- Condo / maintenance fees
- $1,222
- Heating
- $0
- Estimated monthly cost
- $6,001
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Toronto municipal land transfer tax
- $16,455
- Estimated closing costs
- $32,910
Plus your down payment of $199,800. 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
- $255,890
- Principal paid down
- $101,778
- Interest paid
- $154,111
- Balance remaining
- $697,422
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 SAGE REAL ESTATE LIMITED. MLS®/PropTx.