823-91 Montclair Avenue, Toronto, ON
Forest Hill South, Toronto · MLS® C13712138
About this home
In short
- Welcome to South Forest Hill Condos, situated near Spadina Rd and St Clair Ave West, one of city's most sought-after neighbourhoods.
- This 2 bedrooms and 2 bathrooms south-east corner suite offers abundant natural light throughout.
- Engineered hardwood flooring throughout, 9foot smooth ceilings.
- Open concept living/dining living space.
- The primary bedroom features a private 3-piece ensuite bathroom.
Welcome to South Forest Hill Condos, situated near Spadina Rd and St Clair Ave West, one of city's most sought-after neighbourhoods. This 2 bedrooms and 2 bathrooms south-east corner suite offers abundant natural light throughout. Engineered hardwood flooring throughout, 9foot smooth ceilings. Open concept living/dining living space. Modern Kitchen With B/I Appliances and centre island for easy hosting. The primary bedroom features a private 3-piece ensuite bathroom. Enjoy your own private balcony. Convenient Location, steps to Forest Hill Village, public transportation, bars, restaurants, shopping and much more. Close to All Other Daily Essentials
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13712138
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-799 sq ft
- Cross streets
- Spadina Rd and St. Clair Ave West
- Parking
- 1 parking
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $550/mo
- Exposure
- East
- Days on market
- 55
- Listing brokerage
- REALBIZ REALTY INC.
Rooms
Listed at $1,199,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $1.15M, typically $1.08M to $1.24M. Comparable closings on their own put this home around $635K, about 47% below the ask.
Longer on the market than typical. 55 days on the market against about 35 for homes like it here, and asking 89% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.15M, from 8 recent closings in this pocket.
The market behind the math:
About 2.3 months of inventory: 6 condo apartment homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,600/sqft against an area asking average of $1,112/sqft.
How this estimate is builtthe short version
I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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 highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Based on 8 comparable homes that sold in Forest Hill South over the past two years, from 67 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $635K, which is where my estimate comes from.
Per square foot, these ask about $931/sqft; this home lists at $1,600/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $589K | 1052 |
| November 2025 | $569K | 834 |
| December 2025 | $545K | 659 |
| January 2026 | $565K | 593 |
| February 2026 | $575K | 722 |
| March 2026 | $565K | 974 |
| April 2026 | $565K | 1042 |
| May 2026 | $560K | 1011 |
| June 2026 | $558K | 1120 |
| July 2026 | $560K | 1030 |
| August 2026 | $548K | 882 |
| September 2026 | $540K | 885 |
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.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $959,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,304
- Estimated property tax
- $749
- Condo / maintenance fees
- $550
- Heating
- $0
- Estimated monthly cost
- $6,603
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,455
- Toronto municipal land transfer tax
- $20,455
- Estimated closing costs
- $40,910
Plus your down payment of $239,800. 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
- $318,215
- Principal paid down
- $117,197
- Interest paid
- $201,018
- Balance remaining
- $842,003
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 numbersThe last 51 whole-home leases in Forest Hill South signed at a median of $2,434 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,847. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REALBIZ REALTY INC.. MLS®/PropTx.