404-800 Spadina Road, Toronto, ON

Forest Hill South, Toronto · MLS® C13789798

$535,000
For Sale
Listed 33 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to Suite 404 at 800 Spadina Road, a beautifully finished two bedroom, two bathroomresidence offering approximately 870 ft. of refined living space in the...
  • Bathed in natural light with desirable self exposure, this elegant suite offers toJuliette balconies, hardwood flooring, a well appointed kitchen with granite...
  • Thisspacious primary bedroom offers a walk-in closet and private en suite, while the second bedroomprovides flexibility for guests, family, or a sophisticated home...

Welcome to Suite 404 at 800 Spadina Road, a beautifully finished two bedroom, two bathroomresidence offering approximately 870 ft. of refined living space in the heart of prestigiousForest Hill. Bathed in natural light with desirable self exposure, this elegant suite offers toJuliette balconies, hardwood flooring, a well appointed kitchen with granite countertops, andthoughtfully designed custom built-in that provide exceptional storage and functionality. Thisspacious primary bedroom offers a walk-in closet and private en suite, while the second bedroomprovides flexibility for guests, family, or a sophisticated home office. Set within an intimate boutique building, residents enjoy a rooftop terrace with barbecue,fitness facilities, visitor parking and convenient underground parking. Steps from TTC andclose to the shops, cafés, and restaurants of Forest Hill Village, the Beltline Trail, parks,and everyday conveniences, this is an exceptional opportunity to enjoy a beautifully appointedhome in one of Toronto's most established neighbourhoods

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13789798
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Spadina Rd. & Eglinton Ave. W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,679/mo
Exposure
South
Property tax
$3,284 / 2026
Days on market
33
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Living RoomFlat5.48 × 4.80 m

hardwood floor · balcony · fireplace

Dining RoomFlat5.48 × 4.80 m

hardwood floor · open concept · b/i shelves

Primary BedroomFlat4.27 × 3.05 m

hardwood floor · walk-in closet(s) · balcony

Bedroom 2Flat3.60 × 2.55 m

hardwood floor · b/i bookcase · large closet

KitchenFlat2.40 × 2.35 m

granite counters · open concept · granite floor

Our TakeTeam Asgarian · Broker
A discount is typical here
$513Klikely sale price

Listed at $535,000. Going by how homes in Forest Hill South and the wider GTA have actually closed against their asking prices (about 96%, 8 local closings in 90 days), the likely sale price is near $513K, if it sells. A realistic range is $483K to $555K.

Independent value check: $670K. Without looking at the asking price, our model values the home itself about 25% above the ask (homes like it typically land between $623K and $704K).

Why $670K. The typical condo sold in Forest Hill South over the past year went for about $1.20M (48 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,284 a year; the typical home sold here pays about $5,400.
  • ▼ Lowers it stronglyIt is 800 to 899 sq ft; the typical home sold here is 1,400 to 1,599.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIts maintenance fee is $1,679 a month; the typical unit sold here pays about $2,020.
List price
$483KBelow recent closings$555KAbove recent closings

Total price vs nearby homes. Likely closing about $513K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$1.59Mmedian sold price
92%of asking, on average
+51%prices vs a year ago
~25 dayshomes like this take to sell
33days on market so far
$3,227/moest. rent · 5 leases
7.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 5 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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $630/sqft against an area asking average of $1,154/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $654K. Condition and finishes remain an in-person call.

What the listing highlights2 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
  • 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.

What sellers nearby are askingCurrently listed nearby in Forest Hill South · asking prices
$737kavg 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 $670K, which is where my estimate comes from.

Per square foot, these ask about $926/sqft; this home lists at $630/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
535kThis home612k399k1.20MThis 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

Forest Hill South, 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.

Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Little Portugal
$549K
Church-Yonge Corridor
$876K

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 Holy Rosary
89%
Holy RosaryCatholic · Elementary · 2.0 km awayHigher-rated than most nearby · 89% meet the provincial standard
Forest Hill Junior and Senior Public SchoolEQAO results not published
Forest Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
Forest Hill Collegiate Institute · Public secondary0.2 km · 76% at standard
North Preparatory Junior Public School · Public elementary0.4 km · 71% at standard
Oriole Park Junior Public School · Public elementary0.8 km · 100% at standard
Forest Hill Junior and Senior Public School · Public elementary0.9 km · 82% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.0 km · 74% at standard
Allenby Junior Public School · Public elementary1.0 km · 78% at standard
West Preparatory Junior Public School · Public elementary1.1 km · 77% at standard
Cedarvale Community School · Public elementary1.1 km · 85% at standard
J R Wilcox Community School · Public elementary1.6 km · 72% at standard
Glen Park Public School · Public elementary1.8 km · 54% at standard
Humewood Community School · Public elementary1.9 km · 75% at standard
Our Lady of the Assumption Catholic School · Catholic elementary1.9 km · 54% at standard

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

Affordability & Mortgage

Affordability
$2,438/mo
$137KIncome needed
3.9×Price ÷ income
$563Weekly cost
$14,350Land 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.

56%mortgage
Mortgage $2,438Property tax $274Condo fee $1,679Total carry $4,391

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)
$2,366per month

Mortgage amount $428,000 · 4.49% over 25 years

$107,000Down payment (20.0%)
$428,000Loan before insurance
$0CMHC premium
$4,319Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,366
Property tax
$274
Condo / maintenance fees
$1,679
Heating
$0
Estimated monthly cost
$4,319

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

One-time closing costs

Ontario land transfer tax
$7,175
Toronto municipal land transfer tax
$7,175
Estimated closing costs
$14,350

Plus your down payment of $107,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,864/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

$281,946Total interest paid
$709,946Total of all payments
Principal $428,000 Interest $281,946
YearPrincipalInterestBalance
1$9,551$18,847$418,449
2$9,985$18,413$408,464
3$10,438$17,960$398,026
4$10,912$17,486$387,114
5$11,408$16,990$375,706
6$11,925$16,472$363,781
7$12,467$15,931$351,314
8$13,033$15,365$338,281
9$13,625$14,773$324,656
10$14,243$14,154$310,413
11$14,890$13,508$295,523
12$15,566$12,832$279,957
13$16,273$12,125$263,684
14$17,012$11,386$246,672
15$17,784$10,614$228,888
16$18,592$9,806$210,296
17$19,436$8,962$190,860
18$20,318$8,080$170,542
19$21,241$7,157$149,301
20$22,205$6,193$127,096
21$23,213$5,184$103,883
22$24,267$4,130$79,615
23$25,369$3,029$54,246
24$26,521$1,877$27,725
25$27,725$673$0

At the end of your 5-year term

Total paid over the term
$141,989
Principal paid down
$52,294
Interest paid
$89,695
Balance remaining
$375,706

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 5 whole-home leases in Forest Hill South$3,227/mo
$38,724Gross annual rent
2.0%Cap rate after taxes and upkeep
$2,840 to $3,614Typical rent range
~22 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 5 whole-home leases in Forest Hill South signed at a median of $3,105 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,227. 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.

7.2%
Gross yield
− Property tax $3,284− Condo fees $20,146− Insurance $600− Vacancy & upkeep $4,260Net operating income $10,434

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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