409-2 Forest Hill Road, Toronto, ON

Casa Loma, Toronto · MLS® C13718166

$1,344,900
For Sale
Listed 53 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Unveiling a refined 1-bedroom plus den sanctuary at Forest Hill Private Residences an architectural masterclass in luxury urban living.
  • Offering a total footprint of 1,027 sq. ft., this suite pairs 967 sq. ft. of interior elegance with a 60 sq. ft. private outdoor balcony.
  • A distinct extended gallery foyer with a built-in closet leads past a full secondary 3-piece bathroom into an expansive open-concept layout anchored by a modern gas...
  • Tucked away for optimal privacy, the primary bedroom suite features a massive walk-in closet, a dedicated in-suite laundry nook, and a spa-worthy 5-piece ensuite...
  • High-end building features include an indoor lap pool, thermal saunas, private treatment rooms, a fully equipped gym, a yoga studio, and an exclusive social lounge...

Unveiling a refined 1-bedroom plus den sanctuary at Forest Hill Private Residences an architectural masterclass in luxury urban living. Offering a total footprint of 1,027 sq. ft., this suite pairs 967 sq. ft. of interior elegance with a 60 sq. ft. private outdoor balcony. A distinct extended gallery foyer with a built-in closet leads past a full secondary 3-piece bathroom into an expansive open-concept layout anchored by a modern gas fireplace. The culinary zone comes outfitted with top-tier integrated appliances, sleek custom cabinetry, and a dedicated dining space that flows into the bright main living room before stepping out onto the fresh-air balcony. What sets this design apart is its versatile, quiet den space that easily functions as an executive home office, reading room, or guest area. Tucked away for optimal privacy, the primary bedroom suite features a massive walk-in closet, a dedicated in-suite laundry nook, and a spa-worthy 5-piece ensuite complete with double sinks, a frameless glass shower, and a deep soaking tub. Living at 2 Forest Hill Road grants access to five-star residential services, highlighted by a grand covered entrance with 24-hour valet and full concierge staff. High-end building features include an indoor lap pool, thermal saunas, private treatment rooms, a fully equipped gym, a yoga studio, and an exclusive social lounge featuring a private wine room, a 20-person formal dining room, and an outdoor terrace with fireside seating. Set in the heart of Forest Hill, the address is surrounded by top academic institutions like Upper Canada College and The Bishop Strachan School, green spaces like the Kay Gardner Beltline Trail, and the upscale coffee shops and boutiques of Forest Hill Village, all with rapid transit access to Yorkville and Downtown.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13718166
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
900-999 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
$1,500/mo
Exposure
South
Days on market
53
Listing brokerage
P2 REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.31Mlikely sale price

Listed at $1,344,900 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $1.31M, typically $1.23M to $1.41M. Comparable closings on their own put this home around $752K, about 44% below the ask.

Longer on the market than typical. 53 days on the market against about 34 for homes like it here, and asking 79% above where comparable closings put it.

List price
$1.23MBelow recent closings$1.41MAbove recent closings

Total price vs nearby homes. Likely closing about $1.31M, 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
$3,538/moest. rent · 149 leases
3.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 13 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 $1,416/sqft against an area asking average of $1,160/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 highlights3 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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.

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
$1.50Mavg asking

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

Per square foot, these ask about $1,363/sqft; this home lists at $1,416/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.34MThis home1.46M1.47M1.48M1.58MThis 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
$876K
Moss Park
$549K

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
$6,130/mo
$293KIncome needed
4.6×Price ÷ income
$1,415Weekly cost
$46,746Land 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.

72%mortgage
Mortgage $6,130Estimated property tax $841Condo fee $1,500Total carry $8,470

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,949per month

Mortgage amount $1,075,920 · 4.49% over 25 years

$268,980Down payment (20.0%)
$1,075,920Loan before insurance
$0CMHC premium
$8,290Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,949
Estimated property tax
$841
Condo / maintenance fees
$1,500
Heating
$0
Estimated monthly cost
$8,290

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

One-time closing costs

Ontario land transfer tax
$23,373
Toronto municipal land transfer tax
$23,373
Estimated closing costs
$46,746

Plus your down payment of $268,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,200/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

$708,764Total interest paid
$1,784,684Total of all payments
Principal $1,075,920 Interest $708,764
YearPrincipalInterestBalance
1$24,010$47,377$1,051,910
2$25,100$46,287$1,026,810
3$26,240$45,148$1,000,570
4$27,431$43,956$973,139
5$28,677$42,711$944,462
6$29,979$41,409$914,484
7$31,340$40,048$883,144
8$32,763$38,625$850,381
9$34,250$37,137$816,131
10$35,805$35,582$780,325
11$37,431$33,956$742,894
12$39,131$32,257$703,764
13$40,907$30,480$662,856
14$42,765$28,623$620,092
15$44,706$26,681$575,385
16$46,736$24,651$528,649
17$48,858$22,529$479,791
18$51,077$20,311$428,714
19$53,396$17,992$375,319
20$55,820$15,567$319,498
21$58,355$13,033$261,144
22$61,004$10,383$200,140
23$63,774$7,613$136,366
24$66,669$4,718$69,697
25$69,697$1,691$0

At the end of your 5-year term

Total paid over the term
$356,937
Principal paid down
$131,458
Interest paid
$225,479
Balance remaining
$944,462

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 149 whole-home leases in Casa Loma$3,538/mo
$42,456Gross annual rent
0.7%Cap rate after taxes and upkeep
$3,341 to $3,896Typical 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 149 whole-home leases in Casa Loma signed at a median of $3,200 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,538. 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.

3.2%
Gross yield
− Property tax $9,414− Condo fees $18,000− Insurance $600− Vacancy & upkeep $4,670Net operating income $9,772

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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