307-260 Heath Street, Toronto, ON
Forest Hill South, Toronto · MLS® C14094956
About this home
In short
- Discover an exceptional opportunity at Village Terraces, a beloved Forest Hill residence celebrated for its distinctive architecture, wonderful sense of community and...
- This expansive southwest-facing 3-bedroom, 2-bathroom suite offers approximately 1,363 sq. ft. of beautifully proportioned living space, plus a 106 sq. ft. balcony...
- The oversized primary bedroom features generous closet space and a private 4-piece ensuite.
- Village Terraces is renowned for its striking red brick architecture, signature rounded balconies and exceptional lifestyle amenities, including a 24-hour concierge...
- Enjoy Cedarvale Ravine's scenic trails, the charm of Forest Hill Village, neighbourhood cafés, shops and restaurants, all just steps from your door.
Discover an exceptional opportunity at Village Terraces, a beloved Forest Hill residence celebrated for its distinctive architecture, wonderful sense of community and unbeatable midtown location! This expansive southwest-facing 3-bedroom, 2-bathroom suite offers approximately 1,363 sq. ft. of beautifully proportioned living space, plus a 106 sq. ft. balcony overlooking the city. A welcoming foyer introduces an impressive living room with a walkout to the balcony, perfect for enjoying fresh air and city views. The generously sized separate dining room is ideal for entertaining, while the adjoining kitchen offers ample cabinetry and workspace. An excellent floor plan provides a wonderful balance of spacious principal rooms and private bedroom retreats. The oversized primary bedroom features generous closet space and a private 4-piece ensuite. Two additional bedrooms offer versatility for family, guests or a home office, complemented by a second 4-piece bathroom. Ensuite laundry, underground parking and an exclusive-use locker complete this inviting home. Village Terraces is renowned for its striking red brick architecture, signature rounded balconies and exceptional lifestyle amenities, including a 24-hour concierge, outdoor swimming pool, exercise room, party room, community BBQ area and visitor parking. Maintenance fees include heat, hydro, water, central air conditioning, cable TV and parking. The location is simply outstanding! Enjoy Cedarvale Ravine's scenic trails, the charm of Forest Hill Village, neighbourhood cafés, shops and restaurants, all just steps from your door. St. Clair West subway station, parks and places of worship are also within easy reach. A rare opportunity to enjoy generous living space, an established community and the very best of Forest Hill living! Note: Non-smoking building.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C14094956
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Spadina Road
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,835/mo
- Exposure
- South West
- Property tax
- $4,903 / 2026
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
window floor to ceiling · hardwood floor · w/o to balcony
double closet · hardwood floor · 4 pc ensuite
double closet · hardwood floor
balcony · sw view
open concept · hardwood floor
pass through · tile floor · backsplash
double closet · hardwood floor · picture window
double closet · hardwood floor · 4 pc bath
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
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 $944/sqft; this home lists at $843/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Forest Hill South, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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
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 $876,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,844
- Property tax
- $409
- Condo / maintenance fees
- $1,835
- Heating
- $0
- Estimated monthly cost
- $7,087
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,375
- Toronto municipal land transfer tax
- $18,375
- Estimated closing costs
- $36,750
Plus your down payment of $219,000. 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
- $290,613
- Principal paid down
- $107,031
- Interest paid
- $183,582
- Balance remaining
- $768,969
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 SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.