101-2 Forest Hill Road, Toronto, ON

Forest Hill South, Toronto · MLS® C13834730

$999,000
For Sale
Listed 21 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • A rarely offered ground-floor suite with East exposure onto quiet Forest Hill Road, creating a distinctive townhome feel.
  • This exceptional 2-bedroom plus den, 2-bathroom suite offers 1,174 sq. ft. of living space with soaring 11-foot ceilings, an abundance of natural light, and a...

A rarely offered ground-floor suite with East exposure onto quiet Forest Hill Road, creating a distinctive townhome feel. This exceptional 2-bedroom plus den, 2-bathroom suite offers 1,174 sq. ft. of living space with soaring 11-foot ceilings, an abundance of natural light, and a thoughtfully designed layout. Upgraded finishes include a statement fireplace, upgraded kitchen countertops and backsplash, premium appliances, and high-quality finishes throughout. The versatile den offers an ideal space for a home office, additional living area, or guest accommodations. Gas outlet located on the terrace. Residents enjoy white-glove concierge and security services and an exceptional collection of luxury amenities, all ideally located near Forest Hill Village, Avenue Road, St. Clair Avenue West, premier schools, parks, shops, and transit. One parking space and one locker are included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13834730
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Avenue Rd / St Clair Ave W
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete, Stone
Maintenance
$1,779/mo
Exposure
East
Property tax
$10,463 / 2026
Days on market
21
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

DenFlat2.74 × 2.23 m

hardwood floor · separate room

BedroomFlat4.19 × 3.58 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Bedroom 2Flat2.82 × 2.96 m

hardwood floor · large closet

Living RoomFlat5.17 × 3.38 m

hardwood floor · east view · w/o to porch

Dining RoomFlat2.57 × 3.58 m

hardwood floor · gas fireplace · large window

KitchenFlat4.80 × 3.00 m

hardwood floor · centre island · overlooks living

Our TakeTeam Asgarian · Broker
A small discount is typical
$970Klikely sale price

Listed at $999,000. Going by how homes in Casa Loma and the wider GTA have actually closed against their asking prices (about 97%, 16 local closings in 90 days), the likely sale price is near $970K, if it sells. A realistic range is $914K to $1.05M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% above the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: the home's condition, or an asking price set as a starting point for offers.

List price
$914KBelow recent closings$1.05MAbove recent closings

Total price vs nearby homes. Likely closing about $970K, 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
21days on market so far
$4,119/moest. rent · 109 leases
4.9%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 $909/sqft against an area asking average of $1,209/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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $939K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
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.

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
Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K
Moss Park
$549K
Waterfront Communities C1
$625K

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
$4,553/mo
$241KIncome needed
4.2×Price ÷ income
$1,051Weekly cost
$32,910Land 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.

63%mortgage
Mortgage $4,553Property tax $872Condo fee $1,779Total carry $7,204

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)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$7,070Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$872
Condo / maintenance fees
$1,779
Heating
$0
Estimated monthly cost
$7,070

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

One-time closing costs

Ontario land transfer tax
$16,455
Toronto municipal land transfer tax
$16,455
Estimated closing costs
$32,910

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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 109 whole-home leases in Casa Loma$4,119/mo
$49,428Gross annual rent
1.2%Cap rate after taxes and upkeep
$3,891 to $4,971Typical 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 109 whole-home leases in Casa Loma signed at a median of $3,735 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,119. 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.

4.9%
Gross yield
− Property tax $10,463− Condo fees $21,353− Insurance $600− Vacancy & upkeep $5,437Net operating income $11,574

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.

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