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New2 hours ago

704 - 260 Heath Street W

Forest Hill South, Toronto

$2,228,000

Condo Apartment |
2 | 2 | 2 | 1
About this home

Forest Hill South. This spectacular, sun-drenched terraced suite offers 1,800 sq. ft. of elegantly appointed living space plus nearly 1,000 sq. ft. of landscaped terrace with unobstructed Cedarvale Ravine views. A coveted corner location fills the home with natural light throughout the day, while the flexible open-concept layout flows seamlessly to a remarkable 40' x 25' west-facing terrace with breathtaking sunset views in every season. A welcoming foyer with granite floors leads to thoughtfully renovated interiors. The elegant kitchen features solid wood cabinetry, granite floors, counters and backsplash, built-in appliances, wine rack, glass display cabinetry and built-in desk. Expansive principal rooms showcase engineered hardwood floors, track lighting and custom granite steps with artisan-crafted railing extending to the terrace. A truly one-of-a-kind outdoor retreat, the terrace includes built-in and freestanding planters, irrigation, a large storage locker and exceptional privacy. The spacious primary suite offers a built-in wall unit, four large closets, dressing area and sophisticated marble bath with Jacuzzi tub. The second bedroom features a double closet, built-in wardrobes and desk, plus a picture window. The elegant main bath includes a granite shower. A bright den with wall-to-wall terrace views, electric fireplace and built-in bookcase provides an ideal private home office or cozy retreat. Designed by renowned architect Jack Diamond, Village Terraces is prized for its location on the cusp of Forest Hill Village, welcoming community atmosphere and exceptional amenities, including 24-hour concierge, outdoor pool and BBQ area, gym, sauna, party room and ample visitor parking. Steps to St. Clair West subway, Forest Hill Village shops and restaurants, and St. Clair's vibrant shopping and dining. Adjacent to Cedarvale Ravine, with access to parks, the Beltway Trail, dog parks, playing fields and abundant green space.

Extras

No extras listed.

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1800-1999 sq. ft.
Maintenance Fees$2,655
LockerExclusive
BalconyTerrace
ExposureWest
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$7,420
mls© NumberC13789780
Listed ByROYAL LEPAGE REALTY PLUS
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,404
Property tax
$618
Heat allowance
$150
Condo fees, half counted
$1,328
Housing costs
$13,500 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $445,600
25-yr amortization

Income needed

$415,000

gross annual household income

Payment at 4%
$9,376 / mo
Cash down
$445,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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