- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,400–1,599sq ft
- Per sq ft
- $667at the range’s middle
- Tax a year
- $5,7162026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 503-260 Heath St
503-260 Heath St is a 2-bedroom, 2-bathroom condo in Forest Hill South, Toronto, listed for sale at an asking price of $999,900 (MLS® C13815574).
With just over 1,400 sq. ft. of generous living space in the heart of Forest Hill South, this is a property that could make sense for so many different stages of life. This 2 bedroom, 2 bathroom suite has the kind of proportions that are increasingly hard to find, with large principal rooms, plenty of storage, two lockers and space to truly spread out. The living and dining areas are made for both comfortable everyday living and hosting family and friends, while the kitchen offers room to sit down and enjoy your morning coffee. Wood flooring throughout and two updated bathrooms add to the appeal, while the private balcony gives you your own outdoor space. Village Terraces is an established, well managed condominium with 24 hour security, an outdoor pool, BBQ area and plenty of visitor parking. And when we say easy living, we mean it: ALL utilities are included in the maintenance fees, even cable and internet. And then there's the neighbourhood. Forest Hill Village is just around the corner, putting coffee shops, restaurants, groceries, boutiques and everyday essentials within an easy walk. When you want to trade the city for the trees, Cedarvale Ravine and its trails are close by. And when you need to get somewhere, St. Clair West subway station is literally steps from your front door. Space to live and a neighbourhood to love.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$4,586/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 31 condos with 2 bedrooms for lease in Forest Hill South right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $5,716 / 2026
- MLS® number
- C13815574
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1400-1599 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Forest Hill South
- Municipality
- Toronto
Building
- Size
- 1400-1599 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 2 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All existing appliances including fridge, b/i dishwasher, clothers washer & dryer, elf's and window coverings.
- Condo maint.
- $1,998
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 0.0 × 0.0 m | Open Concept, Parquet Floor, W/O To Balcony | Main |
| Dining | 0.0 × 0.0 m | Open Concept, Parquet Floor, W/O To Balcony | Main |
| Kitchen | 0.0 × 0.0 m | Eat-In Kitchen, Separate Rm, Tile Floor | Main |
| Primary | 0.0 × 0.0 m | Large Window, Double Closet, Ensuite Bath | Main |
| 2nd Br | 0.0 × 0.0 m | — | Main |
Listing history
Buy/sell history for 503-260 Heath St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $999,900 | N/A | For Sale | C13815574 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $199,980
- Total mortgage amount
- $799,920
- Total interest payment
- $568,680
- Total purchase cost
- $1,568,580
- Mortgage payment
- $4,562/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$7,036- Rent $2,450
- Shortfall $4,586
Rental income opens at $2,450, the median asking rent of 31 comparable homes for lease in Forest Hill South. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $16,473
- Toronto municipal land transfer tax
- $16,473
- Total land transfer tax
- $32,946
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $24,471
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $999,900
- $11,998
- Ontario total
- $16,473
Toronto’s municipal tax uses the same brackets at this price, so it adds another $16,473.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m21 test or monitoring holes also recorded.250 m
- Groundwater recorded about 10.1 m below ground nearbyThe middle water level in the well records within 500 m (304 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 31 building permits issued within 250 m in the last 2 years250 m
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 6.0 km6 km
- Mapped parcel: about 62,250 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RA (u132) (x508)By-law
569-2013Municipality
Toronto1 u132
Unit count: at most 132 dwelling units.
2 x508
Site-specific exception 508: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 15, section 15.10 of By-law 569-2013 · Exception 900.7.10(508)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
13 building permits cleared at this address in the City’s file.
Garage Repair/ReconstructionExaminer's Notice Sent
Proposed localized garage roof expansion joint re-waterproofing including underlying localized concrete repairs at delaminated ledge beam.
Applied September 10, 2026
Garage Repair/ReconstructionCancelled
Proposed localized garage roof expansion joint re-waterproofing including underlying localized concrete repairs at delaminated ledge beam.
Completed August 14, 2026
Garage Repair/ReconstructionInspection
Proposed local waterproofing, concrete repairs and replacement of topping vehicular ramp.
Issued March 3, 2025
Interior AlterationsClosed
Proposal for interior alterations to existing apartment building unit 310
Issued February 26, 2021
Balcony/Guard RepairsPermit Issued
Replacement of brick (64) balcony guards and localized wall and balcony slab repairs to existing apartment building. permit fee added - see attachment
Issued August 2, 2013
Garage Repair/ReconstructionPermit Issued
Permit for parking garage repairs to existing condo building - Please use stamped drawings seperate from the spec book that are stamped- see condo board letter under correspondence.
Issued August 15, 2012
Backflow Prevention Devices (Water only)Permit Issued
Proposal to install one back flow device to existing condominium.
Issued February 14, 2011
Retaining WallClosed - Dormant
Replace portion(s) of existing brick retaining wall flanking public right of way.
Issued March 20, 2007
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
429 WALMER RDSite planUnder Review
May 2023 resubmission: The application has been revised as follows: A 73.5 metre (19-storey inclusive of mechanical penthouse) mixed-use building is proposed with 17,930 square metres of gross floor area of which 200 square metres is non-residential. 98 residential units and 139 parking spaces are proposed.See the related Rezoning application: 22 192578 STE 12 OZ The rezoning application proposes a 19-storey mixed-use building, including 87 residential units with commercial space at grade. The proposed building has an overall height of 68.4 metres (75.9 metres including mechanical penthouse), with a total gross floor area of 18,450 square metres.
230 m away1 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
380 m away3 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
380 m away7 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
390 m away5 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
390 m away9 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
400 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Forest Hill South right now
- For sale now
- 24
- Median asking price
- $1.05M
- New in 7 days
- 4
- Price cuts
- 13%
Middle half: $866K to $1.39M
11 in 28 days
3 listings
This home is asking 5% below the median.
See all homes in Forest Hill SouthAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Clair West Station | TTC subway: Line 1 Yonge-University | 300 m |
| Dupont Station | TTC subway: Line 1 Yonge-University | 1.5 km |
| St Clair Station | TTC subway: Line 1 Yonge-University | 1.8 km |
| Forest Hill Station | TTC light rail: Line 5 Eglinton | 1.8 km |
| Bloor GO | GO Transit train: KitchenerUP Express train | 4.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Holy Rosary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 200 m | 82%Grade 6 average |
| Hillcrest Community SchoolToronto DSB | Public · grades JK–6 | 850 m | 83%Grade 6 average |
| Forest Hill Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 · French Immersion | 1 km | 93%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.3 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Forest Hill Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.9 km | 60%Grade 9 math |
| Oakwood Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 1.9 km | 44%Grade 9 math |
| Marshall McLuhan Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 2.4 km | 59%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 4 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Forest Hill South are shown to signed-in members.