1625-89 Montclair Avenue, Toronto, ON

Forest Hill South, Toronto · MLS® C13882714

$999,999
For Sale
Listed 10 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Brand new, never lived in, southwest-corner suite at the brand new South Forest Hill Condos in the heart of Forest Hill Village- one of Toronto's most desirable pockets.
  • Natural light fills the space throughout the day, enhanced by floor to ceiling windows, nine-foot smooth ceilings, and premium engineered hardwood floors.
  • The open-concept design creates an easy flow between living and dining areas-comfortable for daily life yet well suited for hosting.
  • At the centre of the unit, a gourmet kitchen features sleek integrated appliances and a stylish island that works equally well for casual meals and entertaining.
  • A short walk to TTC and subway making the rest of the city easily accessible. Some photographs have been virtually staged with digital furniture and décor for...

Brand new, never lived in, southwest-corner suite at the brand new South Forest Hill Condos in the heart of Forest Hill Village- one of Toronto's most desirable pockets. The residence spans more than 700 square feet and includes two bedrooms, two full bathrooms, and one underground parking space. Natural light fills the space throughout the day, enhanced by floor to ceiling windows, nine-foot smooth ceilings, and premium engineered hardwood floors. The open-concept design creates an easy flow between living and dining areas-comfortable for daily life yet well suited for hosting. At the centre of the unit, a gourmet kitchen features sleek integrated appliances and a stylish island that works equally well for casual meals and entertaining.The oversized primary bedroom is completed with a luxurious three-piece ensuite with high end finishes throughout. The second bedroom is versatile to serve as a 2nd bedroom or home office depending on your needs. Outside, a cozy private balcony with south west views, ideal for evening sunsets. Steps away from Forest Hill Village, including restaurants such as Cafe Landwer, What A Bagel, with a mix of boutique shops. A short walk to TTC and subway making the rest of the city easily accessible. *Some photographs have been virtually staged with digital furniture and décor for illustrative purposes*

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13882714
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
St. Clair and Spadina
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$649/mo
Exposure
South West
Property tax
$6,231 / 2026
Days on market
10
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

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.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Forest Hill South · asking prices
$951kavg asking

Nothing 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 $1,262/sqft; this home lists at $1,334/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1000kThis home1.20M1.35M1.06M535k612kThis home vs active comparables

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
Church-Yonge Corridor
$529K
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 Holy Rosary
89%
Holy RosaryCatholic · Elementary · 0.3 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 Junior and Senior Public School · Public elementary0.9 km · 82% at standard
Hillcrest Community School · Public elementary0.9 km · 85% at standard
Humewood Community School · Public elementary1.1 km · 75% at standard
Brown Junior Public School · Public elementary1.1 km · 86% at standard
St Alphonsus Catholic School · Catholic elementary1.5 km · 74% at standard
Cedarvale Community School · Public elementary1.6 km · 85% at standard
McMurrich Junior Public School · Public elementary1.7 km · 81% at standard
Cottingham Junior Public School · Public elementary1.7 km · 100% at standard
Winona Drive Senior Public School · Public elementary1.7 km
Oriole Park Junior Public School · Public elementary1.8 km · 100% at standard
Forest Hill Collegiate Institute · Public secondary1.8 km · 76% at standard
St Bruno/St. Raymond Catholic School · Catholic elementary1.9 km · 56% at standard

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

Affordability & Mortgage

Affordability
$4,558/mo
$206KIncome needed
4.8×Price ÷ income
$1,052Weekly cost
$32,950Land 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.

80%mortgage
Mortgage $4,558Property tax $519Condo fee $649Total carry $5,726

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)
$4,423per month

Mortgage amount $799,999 · 4.49% over 25 years

$200,000Down payment (20.0%)
$799,999Loan before insurance
$0CMHC premium
$5,592Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,423
Property tax
$519
Condo / maintenance fees
$649
Heating
$0
Estimated monthly cost
$5,592

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

One-time closing costs

Ontario land transfer tax
$16,475
Toronto municipal land transfer tax
$16,475
Estimated closing costs
$32,950

Plus your down payment of $200,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,354/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

$527,001Total interest paid
$1,327,000Total of all payments
Principal $799,999 Interest $527,001
YearPrincipalInterestBalance
1$17,853$35,227$782,147
2$18,663$34,417$763,483
3$19,511$33,569$743,973
4$20,396$32,684$723,577
5$21,322$31,758$702,254
6$22,291$30,789$679,963
7$23,303$29,777$656,661
8$24,361$28,719$632,300
9$25,467$27,613$606,833
10$26,623$26,457$580,210
11$27,832$25,248$552,378
12$29,096$23,984$523,283
13$30,417$22,663$492,866
14$31,798$21,282$461,069
15$33,241$19,839$427,827
16$34,751$18,329$393,076
17$36,328$16,751$356,748
18$37,978$15,102$318,770
19$39,702$13,378$279,068
20$41,505$11,575$237,563
21$43,389$9,691$194,173
22$45,359$7,720$148,814
23$47,419$5,661$101,395
24$49,572$3,508$51,823
25$51,823$1,257$0

At the end of your 5-year term

Total paid over the term
$265,400
Principal paid down
$97,745
Interest paid
$167,655
Balance remaining
$702,254

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
Estimate$2,400/mo
$28,800Gross annual rent
1.1%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

2.9%
Gross yield
− Property tax $6,231− Condo fees $7,790− Insurance $600− Vacancy & upkeep $3,168Net operating income $11,011

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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