311-2 Forest Hill Road, Toronto, ON

Casa Loma, Toronto · MLS® C13718072

$2,590,900
For Sale
Listed 53 days agoNo offer date statedSitting longer than typical
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2+1Bedrooms
2Bathrooms
1Garage
1600-1799Sq ft

About this home

In short

  • Experience elevated living in The Rosehill suite at Forest Hill Private Residences, where modern sophistication meets effortless scale.
  • Spanning a total of 1,874 sq. ft., this extensive residence features 1,671 sq. ft. of interior luxury complemented by 203 sq. ft. across a private terrace and balcony.
  • A welcoming foyer with ample storage transitions into a grand open-concept living and dining hall, anchored by a sleek gas fireplace.
  • Nearby, the designer kitchen showcases high-end integrated appliances, custom millwork, a walk-in pantry, and a expansive center island perfect for hosting.
  • Onsite amenities include an indoor pool, health club, yoga studio, dry and wet saunas, and a private dining suite equipped with a commercial catering kitchen, wine...

Experience elevated living in The Rosehill suite at Forest Hill Private Residences, where modern sophistication meets effortless scale. Spanning a total of 1,874 sq. ft., this extensive residence features 1,671 sq. ft. of interior luxury complemented by 203 sq. ft. across a private terrace and balcony. A welcoming foyer with ample storage transitions into a grand open-concept living and dining hall, anchored by a sleek gas fireplace. Nearby, the designer kitchen showcases high-end integrated appliances, custom millwork, a walk-in pantry, and a expansive center island perfect for hosting. Step through floor-to-ceiling glass doors onto your private terrace, complete with a built-in gas line hookup for outdoor barbecue dining. A dedicated den provides a quiet retreat for a home office or media room, adding valuable versatility to the floor plan. Set away from the main living area, the primary bedroom suite serves as a quiet retreat, complete with a private balcony, a walk-in closet, and a 5-piece ensuite with a deep soaking tub, glass shower, and double sink vanity. The well-proportioned second bedroom enjoys easy access to the secondary 3-piece bathroom, while a separate utility room handles in-suite laundry needs with ease. Building residents benefit from executive-level services and lifestyle facilities, starting with a 24-hour valet service and grand porte-cochère entry. Onsite amenities include an indoor pool, health club, yoga studio, dry and wet saunas, and a private dining suite equipped with a commercial catering kitchen, wine storage, and direct access to landscaped gardens. Positioned in prestigious Forest Hill, the location offers immediate proximity to top institutions including Upper Canada College and The Bishop Strachan School, the leafy paths of the Beltline Trail, and the upscale shops, cafés, and restaurants along Spadina Road, all just minutes from Yorkville and Midtown Toronto.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13718072
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1600-1799 sq ft
Cross streets
ST CLAIR AVE W & AVENUE RD
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$2,450/mo
Exposure
North
Days on market
53
Listing brokerage
P2 REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$2.52Mlikely sale price

Listed at $2,590,900 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $2.52M, typically $2.37M to $2.72M. Comparable closings on their own put this home around $1.56M, about 40% below the ask.

Longer on the market than typical. 53 days on the market against about 34 for homes like it here, and asking 66% above where comparable closings put it.

List price
$2.37MBelow recent closings$2.72MAbove recent closings

Total price vs nearby homes. Likely closing about $2.52M, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$819Kmedian sold price
97%of asking, on average
−27%prices vs a year ago
~25 dayshomes like this take to sell
53days on market so far
$7,470/moest. rent · 21 leases
3.5%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.4 months of inventory: 34 condo apartment homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,525/sqft against an area asking average of $1,265/sqft.

How this estimate is builtthe short version

I take the 16 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 highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Casa Loma, so I widened the search to the surrounding area.

Based on 16 comparable homes that sold in Casa Loma over the past two years, from 107 closings there.

What sellers nearby are askingCurrently listed nearby in Casa Loma · asking prices
$2.49Mavg asking

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 $1.93M, which is where my estimate comes from.

Per square foot, these ask about $1,453/sqft; this home lists at $1,525/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.59MThis home2.66M2.66M2.75M1.55M2.83MThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

Neighbourhood & location

Casa Loma, 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.

Nearby neighbourhoods

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

North St. James Town
$765K
Dovercourt-Wallace Emerson-Junction
$640K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Waterfront Communities C1
$610K

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 Brown Junior Public School
86%
Brown Junior Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 86% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cottingham Junior Public School · Public elementary0.9 km · 100% at standard
Forest Hill Junior and Senior Public School · Public elementary1.3 km · 82% at standard
Hillcrest Community School · Public elementary1.3 km · 85% at standard
Davisville Junior Public School · Public elementary1.6 km · 86% at standard
Spectrum Alternative Senior School · Public elementary1.6 km
Our Lady of Perpetual Help Catholic School · Catholic elementary1.6 km · 88% at standard
Jesse Ketchum Junior and Senior Public School · Public elementary1.8 km · 87% at standard
Huron Street Junior Public School · Public elementary1.8 km · 74% at standard
Oriole Park Junior Public School · Public elementary1.8 km · 100% at standard
Humewood Community School · Public elementary2.0 km · 75% at standard
Rosedale Junior Public School · Public elementary2.0 km · 94% at standard
Whitney Junior Public School · Public elementary2.0 km · 94% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$11,808/mo
$553KIncome needed
4.7×Price ÷ income
$2,725Weekly cost
$102,495Land transfer tax, one-time (Ontario + Toronto)
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.

74%mortgage
Mortgage $11,808Estimated property tax $1,619Condo fee $2,450Total carry $15,878

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,460per month

Mortgage amount $2,072,720 · 4.49% over 25 years

$518,180Down payment (20.0%)
$2,072,720Loan before insurance
$0CMHC premium
$15,530Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,460
Estimated property tax
$1,619
Condo / maintenance fees
$2,450
Heating
$0
Estimated monthly cost
$15,530

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

One-time closing costs

Ontario land transfer tax
$51,248
Toronto municipal land transfer tax
$51,248
Estimated closing costs
$102,495

Plus your down payment of $518,180. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,871/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

$1,365,407Total interest paid
$3,438,127Total of all payments
Principal $2,072,720 Interest $1,365,407
YearPrincipalInterestBalance
1$46,254$91,271$2,026,466
2$48,354$89,171$1,978,111
3$50,550$86,975$1,927,561
4$52,845$84,680$1,874,716
5$55,244$82,281$1,819,472
6$57,753$79,772$1,761,719
7$60,375$77,150$1,701,344
8$63,116$74,409$1,638,228
9$65,982$71,543$1,572,246
10$68,978$68,547$1,503,268
11$72,110$65,415$1,431,158
12$75,384$62,141$1,355,775
13$78,806$58,719$1,276,968
14$82,385$55,140$1,194,584
15$86,125$51,400$1,108,458
16$90,036$47,489$1,018,423
17$94,124$43,401$924,299
18$98,397$39,128$825,902
19$102,865$34,660$723,037
20$107,535$29,990$615,502
21$112,418$25,107$503,084
22$117,522$20,003$385,562
23$122,858$14,667$262,704
24$128,436$9,089$134,268
25$134,268$3,257$0

At the end of your 5-year term

Total paid over the term
$687,625
Principal paid down
$253,248
Interest paid
$434,377
Balance remaining
$1,819,472

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
From 21 whole-home leases in Casa Loma$7,470/mo
$89,640Gross annual rent
1.2%Cap rate after taxes and upkeep
$6,421 to $8,684Typical rent range
~17 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 21 whole-home leases in Casa Loma signed at a median of $7,108 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,470. 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.

3.5%
Gross yield
− Property tax $18,136− Condo fees $29,400− Insurance $600− Vacancy & upkeep $9,860Net operating income $31,643

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of P2 REALTY INC.. MLS®/PropTx.

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