507-170 Chiltern Hill Road, Toronto, ON

Humewood-Cedarvale, Toronto · MLS® C13827920

$390,000
For Sale
Listed 24 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Parking
500-599Sq ft

About this home

Welcome to The Hill, ideally positioned at the edge of Forest Hill and Cedarvale in one of Toronto's most desirable neighbourhoods. Thoughtfully designed to make excellent use of every square foot, this stylish suite offers a functional layout complemented by sophisticated, high-end finishes throughout. The living space extends to a large private balcony, providing a comfortable outdoor retreat for relaxing or entertaining. Enjoy an exceptionally connected location with the subway, parks, restaurants, cafés, shops, and everyday conveniences just steps from your door. With Cedarvale's green spaces and the amenities of Forest Hill close at hand, this is an excellent opportunity to enjoy contemporary condo living in a sought-after central Toronto community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13827920
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Bathurst & Eglinton
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$777/mo
Exposure
North
Property tax
$2,888 / 2025
Days on market
24
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

BedroomFlat2.93 × 3.40 m

wood · separate room

Living RoomFlat4.75 × 5.21 m

wood · combined w/kitchen

KitchenFlat4.75 × 5.21 m

wood · w/o to patio · b/i appliances

Our TakeTeam Asgarian · Broker
Below what recent sales support
$421Kautomated estimate, from recent sales

Listed at $390,000, about 7% below our estimate of $421K (homes like it typically land between $391K and $442K).

Why $421K. The typical condo sold in Humewood-Cedarvale over the past year went for about $432K (31 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,888 a year; the typical home sold here pays about $3,200.
  • ▼ Lowers it slightlyIts maintenance fee is $777 a month; the typical unit sold here pays about $680.
List price
$390KBelow our range$442KAbove our range

Total price vs nearby homes. Fair value about $421K, learned from recent GTA sales.

The market behind the math:

24days on market so far
$2,116/moest. rent · 8 leases
6.5%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $710/sqft against an area asking average of $1,067/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $431K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

On schools, this address is zoned for Cedarvale Community School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

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

There were not many closely comparable homes right in Humewood-Cedarvale, so I widened the search to the surrounding area.

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Humewood-Cedarvale, from 42 closings in Humewood-Cedarvale.

What sellers nearby are askingCurrently listed nearby in Humewood-Cedarvale · asking prices
$446kavg 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 $686/sqft; this home lists at $710/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
390kThis home439k479k419kThis 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

Humewood-Cedarvale, 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
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 Cedarvale Community School
85%
Cedarvale Community SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 85% meet the provincial standard
Forest Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
West Preparatory Junior Public School · Public elementary0.5 km · 77% at standard
Forest Hill Collegiate Institute · Public secondary0.6 km · 76% at standard
North Preparatory Junior Public School · Public elementary0.9 km · 71% at standard
J R Wilcox Community School · Public elementary0.9 km · 72% at standard
Forest Hill Junior and Senior Public School · Public elementary1.2 km · 82% at standard
St Thomas Aquinas Catholic School · Catholic elementary1.5 km · 74% at standard
D'Arcy McGee Catholic School · Catholic elementary1.5 km · 48% at standard
Oriole Park Junior Public School · Public elementary1.5 km · 100% at standard
Humewood Community School · Public elementary1.5 km · 75% at standard
Sts Cosmas and Damian Catholic School · Catholic elementary1.5 km · 84% at standard
Allenby Junior Public School · Public elementary1.6 km · 78% at standard
Glen Park Public School · Public elementary1.6 km · 54% at standard

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

Affordability & Mortgage

Affordability
$1,777/mo
$94KIncome needed
4.1×Price ÷ income
$410Weekly cost
$8,650Land 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.

64%mortgage
Mortgage $1,777Property tax $241Condo fee $777Total carry $2,795

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)
$1,725per month

Mortgage amount $312,000 · 4.49% over 25 years

$78,000Down payment (20.0%)
$312,000Loan before insurance
$0CMHC premium
$2,743Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,725
Property tax
$241
Condo / maintenance fees
$777
Heating
$0
Estimated monthly cost
$2,743

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

One-time closing costs

Ontario land transfer tax
$4,325
Toronto municipal land transfer tax
$4,325
Estimated closing costs
$8,650

Plus your down payment of $78,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,088/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

$205,530Total interest paid
$517,530Total of all payments
Principal $312,000 Interest $205,530
YearPrincipalInterestBalance
1$6,963$13,739$305,037
2$7,279$13,423$297,759
3$7,609$13,092$290,150
4$7,955$12,747$282,195
5$8,316$12,385$273,879
6$8,693$12,008$265,186
7$9,088$11,613$256,098
8$9,501$11,201$246,597
9$9,932$10,769$236,665
10$10,383$10,318$226,282
11$10,854$9,847$215,428
12$11,347$9,354$204,080
13$11,862$8,839$192,218
14$12,401$8,300$179,817
15$12,964$7,737$166,853
16$13,553$7,148$153,300
17$14,168$6,533$139,132
18$14,811$5,890$124,320
19$15,484$5,217$108,837
20$16,187$4,514$92,650
21$16,922$3,779$75,728
22$17,690$3,011$58,037
23$18,493$2,208$39,544
24$19,333$1,368$20,211
25$20,211$490$0

At the end of your 5-year term

Total paid over the term
$103,506
Principal paid down
$38,121
Interest paid
$65,385
Balance remaining
$273,879

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 8 whole-home leases in Humewood-Cedarvale$2,116/mo
$25,392Gross annual rent
2.5%Cap rate after taxes and upkeep
$1,947 to $2,285Typical rent range
~24 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 8 whole-home leases in Humewood-Cedarvale signed at a median of $2,248 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,116. 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.

6.5%
Gross yield
− Property tax $2,888− Condo fees $9,319− Insurance $600− Vacancy & upkeep $2,793Net operating income $9,792

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

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