704-260 Heath Street, Toronto, ON
Forest Hill South, Toronto · MLS® C13789780
About this home
In short
- This spectacular, sun-drenched terraced suite offers 1,800 sq. ft. of elegantly appointed living space plus nearly 1,000 sq. ft. of landscaped terrace with...
- A coveted corner location fills the home with natural light throughout the day, while the flexible open-concept layout flows seamlessly to a remarkable 40' x 25'...
- A welcoming foyer with granite floors leads to thoughtfully renovated interiors.
- Designed by renowned architect Jack Diamond, Village Terraces is prized for its location on the cusp of Forest Hill Village, welcoming community atmosphere and...
- Adjacent to Cedarvale Ravine, with access to parks, the Beltway Trail, dog parks, playing fields and abundant green space.
Forest Hill South. This spectacular, sun-drenched terraced suite offers 1,800 sq. ft. of elegantly appointed living space plus nearly 1,000 sq. ft. of landscaped terrace with unobstructed Cedarvale Ravine views. A coveted corner location fills the home with natural light throughout the day, while the flexible open-concept layout flows seamlessly to a remarkable 40' x 25' west-facing terrace with breathtaking sunset views in every season. A welcoming foyer with granite floors leads to thoughtfully renovated interiors. The elegant kitchen features solid wood cabinetry, granite floors, counters and backsplash, built-in appliances, wine rack, glass display cabinetry and built-in desk. Expansive principal rooms showcase engineered hardwood floors, track lighting and custom granite steps with artisan-crafted railing extending to the terrace. A truly one-of-a-kind outdoor retreat, the terrace includes built-in and freestanding planters, irrigation, a large storage locker and exceptional privacy. The spacious primary suite offers a built-in wall unit, four large closets, dressing area and sophisticated marble bath with Jacuzzi tub. The second bedroom features a double closet, built-in wardrobes and desk, plus a picture window. The elegant main bath includes a granite shower. A bright den with wall-to-wall terrace views, electric fireplace and built-in bookcase provides an ideal private home office or cozy retreat. Designed by renowned architect Jack Diamond, Village Terraces is prized for its location on the cusp of Forest Hill Village, welcoming community atmosphere and exceptional amenities, including 24-hour concierge, outdoor pool and BBQ area, gym, sauna, party room and ample visitor parking. Steps to St. Clair West subway, Forest Hill Village shops and restaurants, and St. Clair's vibrant shopping and dining. Adjacent to Cedarvale Ravine, with access to parks, the Beltway Trail, dog parks, playing fields and abundant green space.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13789780
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1800-1999 sq ft
- Cross streets
- Spadina - Heath W.
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $2,655/mo
- Exposure
- West
- Property tax
- $7,420 / 2026
- Days on market
- 33
- Listing brokerage
- ROYAL LEPAGE REALTY PLUS
Rooms
4 pc ensuite · his and hers closets · hardwood floor
hardwood floor · double closet · picture window
renovated · b/i appliances · granite floor
hardwood floor · open concept · combined w/living
hardwood floor · w/o to terrace · track lighting
balcony · west view · overlooks ravine
granite floor · double closet
overlook patio · electric fireplace · b/i bookcase
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
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For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.
Per square foot, these ask about $950/sqft; this home lists at $1,173/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Forest Hill South, Toronto, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,782,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,855
- Property tax
- $618
- Condo / maintenance fees
- $2,655
- Heating
- $0
- Estimated monthly cost
- $13,129
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $42,175
- Toronto municipal land transfer tax
- $42,175
- Estimated closing costs
- $84,350
Plus your down payment of $445,600. 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
- $591,312
- Principal paid down
- $217,776
- Interest paid
- $373,535
- Balance remaining
- $1,564,624
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 ROYAL LEPAGE REALTY PLUS. MLS®/PropTx.