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New4 hours ago

1502 - 260 Heath Street W

Forest Hill South, Toronto

$938,900

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

Rarely Available High-Floor Suite In Prestigious Forest Hill! Welcome to Suite 1502 at the iconic Village Terraces. This beautiful 2-bedroom residence offers a functional layout with large principal rooms and an abundance of natural light. Enjoy a separate, well-appointed galley kitchen featuring a breakfast area, perfect for meals and your morning coffee. The generous living and dining areas flow effortlessly, making it ideal for both relaxed living and upscale entertaining. The primary bedroom features ample closet space and easy access to a full 4-piece bathroom, while a convenient 2-piece powder room serves as the perfect guest bathroom. 1502 features en-suite laundry, large picture windows, a private thermostat, and walkout to your large South West facing balcony. Situated in a premium building with many amenities including a 24-hour concierge, outdoor swimming pool, exercise room, sauna, outdoor BBQ and dining area, library, large party room and visitor parking. All utilities are included in your maintenance fee! Building management and security are top-notch! Unbeatable location just steps from the charm of Forest Hill Village, local cafés and restaurants, the St. Clair West subway station, excellent schools and places of worship, and the scenic trails of Cedarvale Ravine & Park. Perfect for first-time buyers, down-sizers or investors! This is an incredible opportunity to enjoy an established and vibrant community and the very best of midtown Toronto luxury living!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,635
LockerExclusive
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,374
mls© NumberC14107180
Listed ByRE/MAX REALTRON REALTY INC.
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.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,806
Property tax
$364
Heat allowance
$150
Condo fees, half counted
$818
Housing costs
$6,138 / mo

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

Down payment20% · $187,780
25-yr amortization

Income needed

$189,000

gross annual household income

Payment at 4%
$3,951 / mo
Cash down
$187,780

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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