240 Heath Street, Unit 03, Toronto, ON

$2,299,000
MLS#:C13647226
Evaluating your home's equity?Sold Guarantee*
2 beds
2 baths
1800-1999 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on August 10, 2026. This listing is for reference purposes only. to view the sold price.

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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $2,299,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1800-1999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 240 Heath Street West-a beautifully renovated penthouse offering refined, open-concept living in the heart of prestigious Forest Hill. Filled with natural light and showcasing unobstructed views of the downtown skyline, this move-in-ready, spacious 2-bedroom residence features generously sized bedrooms, premium Miele stainless steel appliances, an exceptional layout, parking and a locker. Located in a meticulously maintained full-service building, just steps to transit, shopping, dining, and parks. An additional 197 sq. ft. enclosed balcony offers the perfect space for a sunroom, home office, or year-round retreat. Boutique Residence Offers Visitor Parking, 24Hr Security, Rec Room, Sauna, Indoor Pool

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Property Summary

This condo apartment located at 240 Heath Street, Toronto is currently for sale and has been available on SousaSells for 4 days. This property is listed at $2,299,000 with an estimated mortgage of $7,653* per month. It has 2 beds, 2 bathrooms, and is 1800-1999 square feet. 240 Heath Street, Toronto is in the Forest Hill South neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Forest Hill South, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1800-1999 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1800-1999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold Conditional
Sold price information is available to members only
Listed Date8/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$6,274

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Built-In Oven
  • Carpet Free

Security Features

  • Concierge/Security

Community Features

None listed

Frequently Asked Questions about 240 Heath Street, Unit 03, Toronto, ON

Q.What is the asking price for 240 Heath Street, Unit 03, Toronto, ON ?

The current listing price for 240 Heath Street, Unit 03, Toronto, ON in Forest Hill South, Toronto is $2,299,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 1800-1999 sqft.

Q.What property type and architectural style is 240 Heath Street, Unit 03, Toronto, ON ?

240 Heath Street, Unit 03, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Carpet Free.

Q.What security features are installed at 240 Heath Street, Unit 03, Toronto, ON ?

Security features include: Concierge/Security.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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240 Heath Street, Unit 03, Toronto, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 240 Heath Street W Ph3, Toronto, ON M5P 3L5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$689,700 (30.0%)
* Minimum Canadian down payment required for this price is $459,800.
Amortization Period30 Years
Estimated Monthly Payment$7,653Based on a loan of $1,609,300 over 30 years.
Purchase Price$2,299,000
Loan Amount$1,609,300
Provincial Land Transfer Tax:$43,950
Toronto Municipal Land Transfer Tax:$43,950
Total Estimated Closing Taxes:$87,900

About Purchasing a Home in Toronto, ON

For a property listed at $2,299,000 in Toronto, the legal minimum down payment is $459,800 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 $43,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $43,950 also applies, bringing the total estimated land transfer taxes to $87,900.

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Forest Hill South, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Forest Hill South, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$5,373,148

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Forest Hill South, Toronto

Elementary Schools

Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3
Holy Rosary
Public354 St. Clair Avenue West, Toronto, Ontario, M5P 2Y1
8.6
North Preparatory
Public1100 Spadina Road, Toronto, Ontario, M5N 2M6
6.3
Hillcrest
Public44 Hilton Avenue, Toronto, Ontario, M5R 3E6
7.8
Davisville
Public529 Vaughan Road, York, Toronto, Ontario, M4S 1J6
6.2

Secondary Schools

Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4

Forest Hill South, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.