Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Casa Loma. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $2,480,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Just refreshed,, so see it again for the first time! 150 Heath St W is a refined luxury condominium property in mid-town Toronto. It is located in a walkable, desirable & affluent area where the neighbourhoods of Forest Hill South & Casa Loma meet, just a block south of Upper Canada College (UCC) and just a 4 block walk to Bishop Strachan School (BSS), 2 very prominent private boys' and girls' schools. Bus transit to the Bloor St Subway is out front, or it's about a 10-15 minute walk to the Yonge Street Subway at St. Clair Ave. It's also about a 10 minute walk to the shops & cafes of Forest Hill Village. Recently, the building underwent thorough improvements and upgrades inside & out, including extensive new landscaping. There are views to the South, West, & North in 603/604, so there is light in this apartment; lots of light! A Reserve Fund Assessment to be assumed by Buyer.and some needed bathroom upgrades have been figured into the pricing. An onsite Building Manager can make a substantial difference in day-to-day living in a condominium building, and at 150 Heath there is a reliable, dedicated, and experienced Building Manager who provides very good service and takes very good care. The living room is 625 sq ft so it could be a living rm / dining rm combination, leaving the dining room to be a family room.
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Data-driven valuation for 150 Heath Street W 603/604, Toronto C02, ON M4V 2Y4
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,480,000 in Toronto, the legal minimum down payment is $496,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $48,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,475 also applies, bringing the total estimated land transfer taxes to $96,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.