7 Forbes Avenue, Toronto, ON
Keelesdale-Eglinton West, Toronto · MLS® W13483342
About this home
Tucked within one of Toronto's most promising west-end communities, 7 Forbes Avenue offers something that has become increasingly difficult to find: space, privacy, and exceptional value in a market where buyers are often forced to compromise. This rarely offered corner residence spans 1,239 square feet across two thoughtfully designed levels and lives more like a semi-detached home than a traditional townhouse. With only one adjoining neighbour, a private street-level entrance, and windows on multiple sides, it offers a level of privacy, natural light, and separation that is rarely found within condominium living. The open-concept main floor is designed for modern living, seamlessly connecting the kitchen, dining, and living spaces to create an environment that feels both inviting and effortless. Upstairs, two generously sized bedrooms are complemented by two full bathrooms, including a private ensuite in the primary retreat, while a walk-in closet in the second bedroom offers additional flexibility for growing families, guests, or a dedicated home office. Built in 2020, this move-in-ready home also features second-floor laundry, dedicated parking, Cat6 Ethernet wiring throughout, an upgraded 200-amp electrical panel, and a carpet-free interior. Southwest exposure fills the home with natural sunlight throughout the day, enhancing the sense of openness and creating a bright, airy atmosphere rarely found at this price point. Perfectly positioned moments from the Eglinton Crosstown LRT, Mount Dennis Transit Hub, parks, schools, recreation facilities, shopping, and major highways, this is the kind of opportunity buyers wait for: a turnkey home offering the comfort and functionality of a traditional residence, the convenience of condo living, and a value proposition that is becoming increasingly rare within the city. For those seeking more home for their money without sacrificing location, lifestyle, or future potential, 7 Forbes Avenue stands in a category of its own.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- W13483342
- Bedrooms
- 2
- Bathrooms
- 3 (1 half)
- Size
- 1200-1399
- Cross streets
- Rogers Rd. & Weston Rd.
- Parking
- 1 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Maintenance
- $658/mo
- Exposure
- South West
- Property tax
- $3,268 / 2025
- Days on market
- 23
- Listing brokerage
- PROPERTY.CA INC.
Rooms
casement windows · laminate
2 pc bath · ceramic floor
casement windows · open concept · laminate
4 pc ensuite · ceramic floor
open concept · stainless steel appl · laminate
open concept · laminate
casement windows · laminate
4 pc bath · ceramic floor
Listed at $681,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Keelesdale-Eglinton West, so I widened the search to the surrounding area.
Based on 23 similar homes nearby, adjusted for size, beds, and baths.Median of 23 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $751K, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $738K
- Bedrooms −$30K
- Adjusts to $708K
That comparable adjusts to $708K; the $713K estimate above is the median of all 23 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is Silverthorn Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Rogers Rd at Bicknell Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $713K, median of 23 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 11% below the area average of $590/sqft.
20 days longer than the Toronto average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Keelesdale-Eglinton West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Rogers Rd at Bicknell Ave, about 78 m away
Within a 15-minute (1.5 km) walk.
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.
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 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $544,800 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,907
- Property tax
- $272
- Condo / maintenance fees
- $658
- Heating
- $0
- Estimated monthly cost
- $3,838
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,095
- Toronto municipal land transfer tax
- $10,095
- Estimated closing costs
- $20,190
Plus your down payment of $136,200. 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
- $174,435
- Principal paid down
- $69,380
- Interest paid
- $105,055
- Balance remaining
- $475,420
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 PROPERTY.CA INC.. MLS®/PropTx.