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MLS® C13732322For SaleCondominium

1525-89 Montclair Ave

Forest Hill South, Toronto, Ontario M5P 0B1

Map
1 / 25
1525-89 Montclair Ave, Toronto, photo 1
Asking$1,350,000
Bedrooms
2
Bathrooms
2
Size
700–799sq ft
Per sq ft
$1,801at the range’s middle
Parking
11 underground
Days on market
Members

The brief

About 1525-89 Montclair Ave

1525-89 Montclair Ave is a 2-bedroom, 2-bathroom condo in Forest Hill South, Toronto, listed for sale at an asking price of $1,350,000 (MLS® C13732322).

Welcome to South Forest Hill Condos - Elevated Living in One of Toronto's Most Coveted Neighbourhoods. Discover refined urban living in this exceptional south-west corner suite, ideally situated near Spadina Road and St. Clair Avenue West in prestigious South Forest Hill. Bathed in natural light, this beautifully appointed residence offers over 700 sq. ft. of thoughtfully designed living space, featuring 2 bedrooms, 2 full bathrooms, and 1 underground parking space. The sophisticated open-concept layout is enhanced by 9-foot smooth ceilings and premium engineered hardwood flooring, creating an inviting sense of space and understated elegance. The sun-filled living and dining areas provide the perfect setting for both relaxed everyday living and effortless entertaining. At the heart of the home, the gourmet kitchen showcases sleek integrated built-in appliances and a stylish centre island, perfectly suited for casual dining, morning coffee, or hosting guests. The spacious primary suite offers a private retreat, complete with a luxurious 3-piece ensuite bathroom, while the second bedroom provides excellent flexibility for guests, a home office, or additional living needs. Step outside to your private balcony and enjoy your own outdoor escape with view of Lake Ontario - perfect for a quiet morning coffee or an evening unwind. Beyond your door, an enviable lifestyle awaits. Stroll to the charming Forest Hill Village, with its boutique shops, acclaimed restaurants, cafes, parks, and everyday conveniences. Excellent TTC and subway access place the best of Toronto effortlessly within reach. Elegant. Sun-filled. Exceptionally located. Move-in ready - this is Forest Hill living at its finest. LA to confirm taxes and condo fees

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$3,709/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. This record states no property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

MLS® number
C13732322
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
700-799 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: KELLER WILLIAMS REFERRED URBAN REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
1 Storey/Apt
Community
Forest Hill South
Municipality
Toronto

Building

Size
700-799 sqft
Construction
Concrete

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
2 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Heat Pump

Additional

Fireplace
No
Den
No
Family room
No

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 1525-89 Montclair Ave, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,350,000N/AFor SaleC13732322

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $270,000

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
$270,000
Total mortgage amount
$1,080,000
Total interest payment
$767,700
Total purchase cost
$2,117,700
Mortgage payment
$6,159/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

68%

Monthly carrying cost

$6,159
−$3,709per month
  • Rent $2,450
  • Shortfall $3,709

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
$23,475
Toronto municipal land transfer tax
$23,475
Total land transfer tax
$46,950
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$38,475
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 $1,350,000
$19,000
Ontario total
$23,475

Toronto’s municipal tax uses the same brackets at this price, so it adds another $23,475.

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 Yossi Kaplan, MBA, Salesperson 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.

16 records · 8 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 10.4 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 2,780 sq ft37 building permits issued within 250 m in the last 2 yearsNearest airport: 6.0 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 40 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

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 m35 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 10.4 m below ground nearbyThe middle water level in the well records within 500 m (214 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 activity4

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 37 building permits issued within 250 m in the last 2 years250 m
  • Nearest airport: 6.0 km6 km
  • Mapped parcel: about 2,780 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 · 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 (x177)

By-law

569-2013

Municipality

Toronto
Residential Apartment zone (RA)
  1. 1 x177

    Site-specific exception 177: this site has rules of its own, written in the by-law.

  2. 2 Where this is written

    Chapter 15, section 15.10 of By-law 569-2013 · Exception 900.7.10(177)

  3. 3 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

1 building permit cleared at this address in the City’s file.

  • DemolitionClosed

    Demolish single-family residential unit and associated garage in preparation for a new 18 & 19 storey building and underground parking garage see: 22 201613 BLD 00 NB.

    Issued August 15, 2023

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

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.


    260 m away

  • 1 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.


    300 m away

  • 3 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.


    310 m away

  • 7 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.


    320 m away

  • 5 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.


    320 m away

  • 9 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.


    320 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

Middle half: $866K to $1.39M

New in 7 days
4

11 in 28 days

Price cuts
13%

3 listings

This home is asking 29% above the median.

See all homes in Forest Hill South

Asking 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

StationLinesDistance
St Clair West StationTTC subway: Line 1 Yonge-University350 m
Dupont StationTTC subway: Line 1 Yonge-University1.5 km
Forest Hill StationTTC light rail: Line 5 Eglinton1.8 km
St Clair StationTTC subway: Line 1 Yonge-University1.8 km
Bloor GOGO Transit train: KitchenerUP Express train4.4 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

ElementaryTypeDistanceEQAO average 2024–25
Holy Rosary Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion250 m82%Grade 6 average
Hillcrest Community SchoolToronto DSBPublic · grades JK–6900 m83%Grade 6 average
Forest Hill Junior and Senior Public SchoolToronto DSBPublic · grades JK–8 · French Immersion900 m93%Grade 6 average
ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–62.3 km60%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Forest Hill Collegiate InstituteToronto DSBPublic · grades 9–121.9 km60%Grade 9 math
Oakwood Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion2 km44%Grade 9 math
Marshall McLuhan Catholic Secondary SchoolToronto CDSBCatholic · grades 9–122.3 km59%Grade 9 math
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–124.1 km86%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.

Email Yossi Kaplan, MBA, Salesperson