58 Orchard View Boulevard Unit 1508, Toronto C03

Price: $398,800

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13164420

One of the best opportunities for first-time buyers to own in prime Yonge & Eglinton! Welcome to Neon Condos by renowned builder Pemberton Group, a well-managed boutique-style building in the heart of Midtown Toronto. This freshly painted south-facing 1-bedroom suite offers approximately 490 sq. ft. + 60 sq. ft. balcony, perfect for enjoying natural light and urban views. Bright floor-to-ceiling windows, an efficient open-concept layout, stone countertops, quality appliances, and a functional living/dining space create comfortable everyday living. Includes 1 locker. Exceptional location just steps to TTC subway Line 1 & Eglinton LRT, restaurants, cafes, shopping, library, parks, and all the conveniences of vibrant Yonge & Eglinton. Building amenities include 24 Hr Concierge, Rooftop Terrace With Bbq And Dining Area, Party Lounge, Theatre Room, Gym With Yoga Studio, Guest Suites, Much More! A fantastic opportunity to enter the Toronto market in one of the city's most connected neighbourhoods. Vacant and move-in ready.

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$398,800 - 58 Orchard View Boulevard Unit 1508, Forest Hill

Condo for Sale in Forest Hill

1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13164420
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Forest Hill / Deer Park
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX CONDOS PLUS CORPORATION
Description

One of the best opportunities for first-time buyers to own in prime Yonge & Eglinton! Welcome to Neon Condos by renowned builder Pemberton Group, a well-managed boutique-style building in the heart of Midtown Toronto. This freshly painted south-facing 1-bedroom suite offers approximately 490 sq. ft. + 60 sq. ft. balcony, perfect for enjoying natural light and urban views. Bright floor-to-ceiling windows, an efficient open-concept layout, stone countertops, quality appliances, and a functional living/dining space create comfortable everyday living. Includes 1 locker. Exceptional location just steps to TTC subway Line 1 & Eglinton LRT, restaurants, cafes, shopping, library, parks, and all the conveniences of vibrant Yonge & Eglinton. Building amenities include 24 Hr Concierge, Rooftop Terrace With Bbq And Dining Area, Party Lounge, Theatre Room, Gym With Yoga Studio, Guest Suites, Much More! A fantastic opportunity to enter the Toronto market in one of the city's most connected neighbourhoods. Vacant and move-in ready.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,046.05/mo

Includes CMHC insurance ($11,127)

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5-yr fixed avg.

Principal: $358,920Interest: $243,769
Mortgage Amount$370,047
Total Interest$243,769
Est. Property Tax$282/mo
Total Cost$613,815

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.

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Neighbourhood Guide: Forest Hill / Deer Park

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

58 Orchard View Boulevard Unit 1508, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$282
Insurance (est.)-$83
Net Cash Flow+$1,020

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Market Position

At 19 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 0 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    58 Orchard View Boulevard Unit… — $398,800 | Battaglia Team