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    1601 - 240 Heath St W

    For SaleVillage Park
    $1,995,000
    2 Beds
    2 Bath
    2 Parking
    1,650 SQFT
    7 Days on Strata
    Est Sell Timeframe
    32 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $2,332/mth
    Taxes:
    $5,980 (2024)
    Cost Per Sqft:
    $1,209/sqft
    Locker:
    Owned
    Outdoor Space:
    Enclosed/Solarium
    Exposure:
    West
    Possession Date:
    TBD - Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Marble Floor, Pot Lights
    8.99 x 9.51ft
    Living
    Combined with Dining, Wood Floor
    27.99 x 24.48ft
    Dining
    Combined with Living, Wood Floor
    27.99 x 24.48ft

    About this Listing

    Welcome to 240 Heath Street West in Forest Hill Village. Suite 1601, is a 1650 Sq ft + enclosed Balcony/Solarium, with unobstructed South West views. (Only 4 spacious Suites Per Floor)The Elegant Front Hall Entrance, with marble floor and glass/stainless steel handrail, leads you into the the Large, Open Concept, Living/Dining Room with custom wooden flooring, lighting and window coverings. The Eat-In Kitchen has all built-in Stainless Steel Appliances, custom cabinetry leading to a light filled, tiled Balcony/Solarium. A Large South Facing Primary Bedroom has a custom 5-Pc Ensuite Bathroom and Built in Closets. The 2nd Bedroom and Office are divided by Sliding Glass Doors allowing for an abundance of light in both areas. A Custom Guest Bathroom and a Laundry/Storage Room add to the comfort of this Beautiful Home. This Suite comes with 2 Parking Spaces. (***A deposit for an EV Charger outlet has been paid) plus a large Private Locker on the SB Level. Village Park Condos is a Well Managed Building with 24 Hr Concierge Services, an Indoor Pool + Saunas, and recently renovated Hallways, Lobby, Exercise & Large Party/Meeting Room.(Pet Restrictions: 1 Small Dog or 2 Cats.) Easy Walk to Forest Hill Village's Shops and Restaurants, Loblaws and LCBO, Parks, Ravines and the TTC.

    ExtrasApprox $100/mo extra for central heating. Custom wood flooring throughout.

    forest hill real estate inc.MLS® #C11904435


    Amenities

    Visitor Parking
    Party Room
    Indoor Parking
    Bike Storage
    Rec Room
    Concierge

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,192
    Average Individual Income
    $60,292
    Average Household Size
    3 persons
    Average Age
    40
    Average Household Income
    $111,861
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    17%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    49%
    Low Rise Apartment
    15%
    High Rise Apartment
    15%
    Semi Detached
    12%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    57%
    Mandarin
    14%
    Cantonese
    11%
    Other
    10%
    Tagalog
    3%
    Tamil
    3%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    18%
    College
    17%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Humanities
    7%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at Village Park spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Forest Hill South

    Turnover of Units

    On average, each unit is owned for
    22.9
    YEARS before being sold again

    Property Value

    -54%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 23 condos in the Forest Hill South area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Village Park offers the
    ?
    best value out of 23 condos in the Forest Hill South neighbourhood

    Appreciation Rank

    Village Park has the
    ?
    highest ROI out of 23 condos in the Forest Hill South neighbourhood

    Rental Yield

    Village Park yields the
    ?
    highest rent prices out of 23 condos in the Forest Hill South neighbourhood

    High Demand

    Village Park is the
    ?
    most popular building out of 23 condos in the Forest Hill South neighbourhood

    Transaction Insights at 240 Heath Street W

    2 Bed2 Bed + Den
    Price Range$1,450,000 - $1,535,000No Data
    Avg. Cost Per Sqft$902No Data
    Avg. Wait for Unit Availability97 DaysNo Data
    Ratio of Units in Building99%2%

    Transactions vs Inventory

    Total number of units listed and sold in Forest Hill South