$799,000 - 1603 Eglinton Avenue Unit 1109, Forest Hill
Condo for Sale in Forest Hill
- MLS Number
- C13151944
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
REFINED LUXURY LIVING IN AWARD-WINNING EMPIRE MIDTOWN! Stunning two bedroom plus den corner suite with an expansive wrap-around balcony (approximately 350 square feet) showcasing spectacular unobstructed views of the CN Tower and Toronto skyline! Offering nearly 1,000 square feet of upscale open concept living space, this elegant boutique-style condominium features 9' ceilings, floor-to-ceiling windows, and premium finishes throughout. Designed for both everyday living and entertaining, the chef-inspired kitchen is equipped with polished granite countertops, upgraded stainless steel appliances, a breakfast bar with seating for four, and lots of storage space. The functional layout also includes a versatile den ideal for a home office, spa-inspired bathrooms, and in-suite laundry with a full-size washer and dryer. One underground parking space and a storage locker complete the package. Residents enjoy access to outstanding amenities including a 24-hour concierge, state-of-the-art fitness centre, yoga studio, party room with catering kitchen, guest suites, pet wash, bicycle repair room, and a rooftop terrace with BBQs. Ideally situated with the Eglinton LRT at your doorstep and convenient access to Eglinton West subway station, commuting throughout the city is effortless. Surrounded by neighbourhood shops, cafes, parks, schools, and everyday conveniences, and just minutes to Yorkdale Shopping Centre plus Highways 401 and 400. Exceptional location, breathtaking views, and refined modern living come together in this stunning Empire Midtown residence! (certain images have been digitally enhanced)
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Forest Hill / Deer Park
Forest Hill / Deer Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Forest Hill / Deer Park
- •Convenient location in Forest Hill / Deer Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Forest Hill / Deer Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1603 Eglinton Avenue Unit 1109, Forest Hill / Deer Park
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $888/sqft, this property is priced in line with current Forest Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Forest Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.