1401-240 Heath Street, Toronto, ON
Forest Hill South, Toronto · MLS® C14026782
About this home
In short
- Downsizing Doesn't Have To Feel Like Downsizing In Forest Hill.
- Completely Reimagined And Designed By Renowned Interior Designer Rosen+Co., This Sophisticated 2-Bedroom, 2-Bathroom Residence Combines The Space And Comfort Of A...
- The Expansive Open-Concept Living And Dining Areas Are Ideal For Everyday Living And Entertaining, Featuring Extensive Custom Built-Ins, Exceptional Closet And...
- The Designer Kitchen Is A Showpiece With A Waterfall Stone Island, Premium Miele Appliances, Integrated Fridge/Freezer And Built-In Wine/Beverage Fridge.
- The Generous Primary Suite Features Extensive Custom Storage And A Spa-Inspired Ensuite With Heated Floors, Double Shower, Built-In Bench And Large Vanity Counter.
Downsizing Doesn't Have To Feel Like Downsizing In Forest Hill. Welcome To Over 1,700 Sq. Ft. Of Exceptional, Turnkey Luxury Living In The Heart Of Forest Hill Village. Completely Reimagined And Designed By Renowned Interior Designer Rosen+Co., This Sophisticated 2-Bedroom, 2-Bathroom Residence Combines The Space And Comfort Of A Home With The Ease Of Condo Living.A Coveted Southwest Exposure And Massive Windows Flood The Suite With Natural Light, Creating A Bright And Airy Feel Throughout. The Expansive Open-Concept Living And Dining Areas Are Ideal For Everyday Living And Entertaining, Featuring Extensive Custom Built-Ins, Exceptional Closet And Storage Space, Motorized Hunter Douglas Blinds And A Striking Electric Steam Fireplace.The Designer Kitchen Is A Showpiece With A Waterfall Stone Island, Premium Miele Appliances, Integrated Fridge/Freezer And Built-In Wine/Beverage Fridge.The Generous Primary Suite Features Extensive Custom Storage And A Spa-Inspired Ensuite With Heated Floors, Double Shower, Built-In Bench And Large Vanity Counter. A Spacious Second Bedroom And Beautifully Finished Second Bathroom Provide Flexibility For Guests, Family Or A Home Office.Step Outside To The Large Open Balcony, Extending The Living Space And Providing The Perfect Spot To Enjoy The Southwest Exposure. Parking with EV charger And Locker Complete This Truly Turnkey Offering. All Of This Just Steps From The Shops, Cafes And Restaurants Of Forest Hill Village, With Convenient Access To The Subway, The St. Clair Streetcar, Parks And Everything Midtown Toronto Has To Offer. Beyond The Suite, The Building Offers A Welcoming Atmosphere And A Strong Sense Of Community-A Place Where Neighbours Know Neighbours And It Truly Feels Like Home. Over 1,700 Sq. Ft. Of High-End Luxury Living. Exceptional Design. Incredible Natural Light. Outstanding Storage. Bonus, Universal EV Charger installed in Parking Stall. A Wonderful Sense Of Community. Simply Move In And Enjoy.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C14026782
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1600-1799 sq ft
- Cross streets
- Spadina Rd. and St. Clair Ave. W
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $2,590/mo
- Exposure
- South West
- Property tax
- $6,191 / 2025
- Days on market
- 6
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
combined w/dining · gas fireplace · hardwood floor
stone counters · breakfast bar · w/o to balcony
double closet · hardwood floor
walk-in closet(s) · 3 pc ensuite · b/i shelves
b/i shelves · hardwood floor · his and hers closets
combined w/living · hardwood floor · bay window
laundry sink · tile floor · b/i shelves
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.
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For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $921/sqft; this home lists at $1,315/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Forest Hill South, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,788,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,886
- Property tax
- $516
- Condo / maintenance fees
- $2,590
- Heating
- $0
- Estimated monthly cost
- $12,992
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $42,350
- Toronto municipal land transfer tax
- $42,350
- Estimated closing costs
- $84,700
Plus your down payment of $447,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $593,170
- Principal paid down
- $218,461
- Interest paid
- $374,709
- Balance remaining
- $1,569,539
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.