60 Montclair Avenue Unit 603, Toronto C03

Price: $749,000

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13235844

Tucked away on a quiet cul-de-sac in prime Forest Hill, Suite 603 represents the golden ratio of design, privacy and nature. This two-bedroom sub-penthouse occupies the southeast corner, offering over 1,100 square feet of living space, where every detail has been thoughtfully selected during an extensive renovation. Clean lines and rich character define the space, from the flooring, cabinetry and countertops to the colour selection and tile work. Natural light pours in from multiple exposures through the nearby treetops, enhancing the calm, elevated atmosphere. The bedrooms are generous in size with ample closet space and are connected by a hallway lined with custom storage solutions and a large LG washer dryer. Dimmable designer light fixtures, California shutters and remote-controlled blinds add to the ease of modern living. Steps to Forest Hill Village and surrounded by top-tier schools including UCC, St. Michael's, Bishop Strachan and Forest Hill Collegiate, this is a home that balances quiet luxury with everyday convenience.60 Montclair is one of the most sought-after boutique co-ownership buildings in Toronto, with only 48 suites across 7 floors. Co-ownership sits between a condominium and a co-operative, where you own a percentage of the building while enjoying exclusive use of a particular suite. Unlike a co-op, a co-ownership does not require approval from a Board and offers greater flexibility. Even better-the monthly maintenance fee covers all utilities and property taxes!

60 Montclair Avenue Unit 603 - Condo photo 1 of 18 in Forest Hill / Deer Park, Ontario
60 Montclair Avenue Unit 603 - Condo photo 2 of 18 in Forest Hill / Deer Park, Ontario
60 Montclair Avenue Unit 603 - Condo photo 3 of 18 in Forest Hill / Deer Park, Ontario
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New Listing
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$749,000 - 60 Montclair Avenue Unit 603, Forest Hill

Condo for Sale in Forest Hill

New — Listed 2 days ago
2Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C13235844
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Forest Hill / Deer Park
Locker
Exclusive
Exposure
South East
Balcony
Enclosed
Listing Brokerage
NEST SEEKERS INTERNATIONAL REAL ESTATE
Description

Tucked away on a quiet cul-de-sac in prime Forest Hill, Suite 603 represents the golden ratio of design, privacy and nature. This two-bedroom sub-penthouse occupies the southeast corner, offering over 1,100 square feet of living space, where every detail has been thoughtfully selected during an extensive renovation. Clean lines and rich character define the space, from the flooring, cabinetry and countertops to the colour selection and tile work. Natural light pours in from multiple exposures through the nearby treetops, enhancing the calm, elevated atmosphere. The bedrooms are generous in size with ample closet space and are connected by a hallway lined with custom storage solutions and a large LG washer dryer. Dimmable designer light fixtures, California shutters and remote-controlled blinds add to the ease of modern living. Steps to Forest Hill Village and surrounded by top-tier schools including UCC, St. Michael's, Bishop Strachan and Forest Hill Collegiate, this is a home that balances quiet luxury with everyday convenience.60 Montclair is one of the most sought-after boutique co-ownership buildings in Toronto, with only 48 suites across 7 floors. Co-ownership sits between a condominium and a co-operative, where you own a percentage of the building while enjoying exclusive use of a particular suite. Unlike a co-op, a co-ownership does not require approval from a Board and offers greater flexibility. Even better-the monthly maintenance fee covers all utilities and property taxes!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

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5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

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

60 Montclair Avenue Unit 603, 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$1,023

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

Competitive Pricing

At $749/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Forest Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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