406-2 Forest Hill Road, Toronto, ON
Casa Loma, Toronto · MLS® C13750638
About this home
In short
- Welcome to The Parkwood at Forest Hill Private Residences, a masterfully designed suite offering 1,248 square feet of total luxury living with a 1,065 square foot...
- This meticulously planned one-bedroom plus den, two-bathroom sanctuary features an expansive open-concept living and dining area designed for seamless entertaining...
- The primary suite serves as a private oasis, complete with an oversized walk-in closet, a sumptuous five-piece spa-inspired ensuite bathroom with double vanity and...
- Nestled in one of Toronto's most coveted enclaves, residents are just steps from the lush trails of Nordheimer Ravine, Winston Churchill Park, and Sir Winston...
- Clair West station nearby offering swift access to Yorkville and Downtown Toronto, this landmark address combines high-end designer finishes with exceptional...
Welcome to The Parkwood at Forest Hill Private Residences, a masterfully designed suite offering 1,248 square feet of total luxury living with a 1,065 square foot interior and an expansive 183 square foot private balcony. Experience sophisticated urban living in prestigious Forest Hill. This meticulously planned one-bedroom plus den, two-bathroom sanctuary features an expansive open-concept living and dining area designed for seamless entertaining, complemented by a gourmet chef's kitchen that integrates effortlessly into the main living space. A formal welcoming foyer with a full secondary bathroom sets an elegant tone upon entry. The primary suite serves as a private oasis, complete with an oversized walk-in closet, a sumptuous five-piece spa-inspired ensuite bathroom with double vanity and soaking tub, and direct access to an expansive private balcony extending the width of the main living area. The versatile enclosed den provides the ideal setting for an executive home office, guest suite, or private media room. Nestled in one of Toronto's most coveted enclaves, residents are just steps from the lush trails of Nordheimer Ravine, Winston Churchill Park, and Sir Winston Churchill Park Tennis Club. The property is surrounded by Canada's most prestigious private institutions, including Upper Canada College and The Bishop Strachan School, while being within easy walking distance to the upscale boutiques, cozy cafes, and fine dining of Forest Hill Village. With St. Clair West station nearby offering swift access to Yorkville and Downtown Toronto, this landmark address combines high-end designer finishes with exceptional full-service building amenities, including a 24-hour concierge, grand lobby lounge, state-of-the-art fitness centre, indoor pool and spa, private dining room, and outdoor garden terrace.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13750638
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 2
- Size
- 1000-1199 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
- $1,438/mo
- Exposure
- South
- Days on market
- 42
- Listing brokerage
- P2 REALTY INC.
Listed at $1,480,900 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $1.44M, typically $1.35M to $1.56M. Comparable closings on their own put this home around $900K, about 39% below the ask.
Total price vs nearby homes. Likely closing about $1.44M, from 16 recent closings in this pocket.
The market behind the math:
About 2.6 months of inventory: 14 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.
Price per square foot: this home lists at $1,347/sqft against an area asking average of $1,199/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- 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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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.
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 $1,380/sqft; this home lists at $1,347/sqft. Size is part of the price story, not just the sticker.
The 4 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
Casa Loma, 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 20, 2026); conventional rates run a little higher.
Mortgage amount $1,184,720 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,551
- Estimated property tax
- $926
- Condo / maintenance fees
- $1,438
- Heating
- $0
- Estimated monthly cost
- $8,914
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,093
- Toronto municipal land transfer tax
- $26,093
- Estimated closing costs
- $52,186
Plus your down payment of $296,180. 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
- $393,031
- Principal paid down
- $144,751
- Interest paid
- $248,280
- Balance remaining
- $1,039,969
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 104 whole-home leases in Casa Loma signed at a median of $3,439 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,894. 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 P2 REALTY INC.. MLS®/PropTx.