402-500 St Clair Avenue, Toronto, ON

Humewood-Cedarvale, Toronto · MLS® C13857534

$899,000
For Sale
Listed 18 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Rarely Offered Penthouse-Style Oasis in Forest Hill.
  • Renovated at Over $100,000, Every Room is Bathed in Natural Light.
  • Step Outside to Your Expansive Outdoor Oasis to Enjoy Breathtaking Sunrise & Sunset Views.
  • The Dining Area Features a Custom Caesarstone Island with Built-In Cupboards & Seating for 6, Adjacent to a Chef's Kitchen with Granite Countertops & Stainless Steel...
  • Full Building Amenities Include 24-Hour Concierge, Indoor Pool, Sauna, Gym, Guest Suites, Media Room, Party Room, & Visitor Parking.

Rarely Offered Penthouse-Style Oasis in Forest Hill! Feel Right At Home in This Custom-Designed 2-Bedroom, 2-Bathroom Sanctuary by Renowned Celebrity Interior Designer Amanda Forrest. This Bright Sun Filled Suite Offers Over 2,500 Sq Ft of Combined Indoor/Outdoor Living (~905 Sq Ft Interior + Rare Up To 1,600 Sq Ft Private Exclusive Use Southwest Entertainment Terrace).Renovated at Over $100,000, Every Room is Bathed in Natural Light. This Corner Unit Offers Floor-to-Ceiling Windows Across the Living Room & Both Bedrooms. Step Outside to Your Expansive Outdoor Oasis to Enjoy Breathtaking Sunrise & Sunset Views! Direct Terrace Access from the Living Area, 2nd Bedroom, AND Primary Bedroom via a Dedicated Private Walkout Connecting to the Main Terrace. The Dining Area Features a Custom Caesarstone Island with Built-In Cupboards & Seating for 6, Adjacent to a Chef's Kitchen with Granite Countertops & Stainless Steel Appliances.The Primary Suite Boasts Floor-to-Ceiling Windows, Walk-In Closet with Custom Built-Ins, & 3-Piece Ensuite Featuring a Glass Shower, Wraparound Countertop, & Mirrored Cabinet. The Versatile 2nd Bedroom Functions as an Executive Office/Flex Space with Custom Queen Murphy Bed Wall Unit. Complete Peace of Mind with BOTH HVAC Heat Pumps Recently Replaced!Full Building Amenities Include 24-Hour Concierge, Indoor Pool, Sauna, Gym, Guest Suites, Media Room, Party Room, & Visitor Parking. Prime St. Clair West Location Steps to Forest Hill Village With its Boutique Shops, High-end Cafes, Specialty Bakeries, St Clair West Dining & Market District Offering Upscale Grocery Markets, Artisanal Coffee Shops, Fitness Studios, and Local Dining Spots. Cedarvale Park, Wychwood Barns, Sir Winston Churchill Park, & Nordheimer Ravine Trails. Conveniently Located Close to Loblaws, Shoppers Drug Mart and the St. Clair Streetcar Outside the Building with the St. Clair West Subway Minutes Away. Status Certificate Ordered!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13857534
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
St. Clair Ave W / Bathurst St
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$938/mo
Exposure
South West
Property tax
$4,934 / 2026
Days on market
18
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Dining RoomMain3.05 × 3.05 m

hardwood floor · breakfast bar

Bedroom 2Main3.05 × 2.74 m

murphy bed · hardwood floor · w/o to terrace

Living RoomMain4.27 × 3.05 m

hardwood floor · window floor to ceiling · w/o to terrace

Primary BedroomMain4.27 × 3.05 m

hardwood floor · ensuite bath · walk-in closet(s)

KitchenMain2.44 × 2.44 m

granite counters · hardwood floor · backsplash

Our TakeTeam Asgarian · Broker
A small discount is typical
$879Klikely sale price

Listed at $899,000. Going by how homes in Wychwood and the wider GTA have actually closed against their asking prices (about 98%, 6 local closings in 90 days), the likely sale price is near $879K, if it sells. A realistic range is $828K to $951K.

Independent value check: $888K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $826K and $933K).

Why $888K. The typical condo sold in Wychwood over the past year went for about $432K (31 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,934 a year; the typical home sold here pays about $3,200.
  • ▲ Raises it stronglyIt is 900 to 999 sq ft; the typical home sold here is 500 to 599.
  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$828KBelow recent closings$951KAbove recent closings

Total price vs nearby homes. Likely closing about $879K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$580Kmedian sold price
99%of asking, on average
−26%prices vs a year ago
~18 dayshomes like this take to sell
18days on market so far
$3,303/moest. rent · 19 leases
4.4%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $947/sqft against an area asking average of $864/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

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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $852K. Condition and finishes remain an 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • 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
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Oakwood Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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 8 homes sold in this building over the past two years, from 58 closings in Wychwood.

What sellers nearby are askingCurrently listed nearby · asking prices
$855kavg 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 $888K, which is where my estimate comes from.

Per square foot, these ask about $939/sqft; this home lists at $947/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
899kThis home525k1.09M468k1.75M439kThis 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 10,805 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$540K886

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.

Mount Pleasant West
$639K
Bay Street Corridor
$479K
Yorkdale-Glen Park
$631K
Church-Yonge Corridor
$613K
Niagara
$619K

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 Oakwood Collegiate Institute
66%
Oakwood Collegiate InstitutePublic · Secondary · 1.5 km awayBelow the GTA average · 66% meet the provincial standard
Hillcrest Community SchoolEQAO results not published
Winona Drive Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Hillcrest Community School · Public elementary0.5 km · 85% at standard
Humewood Community School · Public elementary0.8 km · 75% at standard
St Alphonsus Catholic School · Catholic elementary1.0 km · 74% at standard
McMurrich Junior Public School · Public elementary1.2 km · 81% at standard
St Bruno/St. Raymond Catholic School · Catholic elementary1.3 km · 56% at standard
Forest Hill Junior and Senior Public School · Public elementary1.4 km · 82% at standard
Brown Junior Public School · Public elementary1.4 km · 86% at standard
Palmerston Avenue Junior Public School · Public elementary1.6 km · 80% at standard
Cedarvale Community School · Public elementary1.7 km · 85% at standard
Rawlinson Community School · Public elementary1.7 km · 63% at standard
Essex Junior and Senior Public School · Public elementary1.7 km · 64% at standard
Hawthorne II Bilingual Alternative Junior School · Public elementary1.7 km · 74% at standard

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

Affordability & Mortgage

Affordability
$4,097/mo
$190KIncome needed
4.7×Price ÷ income
$946Weekly cost
$28,910Land 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.

75%mortgage
Mortgage $4,097Property tax $411Condo fee $938Total carry $5,447

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$5,326Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$411
Condo / maintenance fees
$938
Heating
$0
Estimated monthly cost
$5,326

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

One-time closing costs

Ontario land transfer tax
$14,455
Toronto municipal land transfer tax
$14,455
Estimated closing costs
$28,910

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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 19 whole-home leases in Wychwood$3,303/mo
$39,636Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,138 to $3,468Typical 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 19 whole-home leases in Wychwood signed at a median of $2,993 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,303. 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.

4.4%
Gross yield
− Property tax $4,934− Condo fees $11,260− Insurance $600− Vacancy & upkeep $4,360Net operating income $18,482

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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