$398,000 - 707 Eglinton Avenue Unit 403, Forest Hill
Condo for Sale in Forest Hill
- MLS Number
- C13142276
- Property Type
- Condo
- Status
- active
- Days on Site
- 22
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Step into serenity at " The Roycroft," a landmark vintage New York-style Art Deco building in Forest Hill. Designed by prominent architect John Edward Hoare, this prime south-east corner suite beautifully blends contemporary and vintage styles, while natural light pours in throughout the day. This serene corner suite features oak strip hardwood floors throughout, along with a separate windowed contemporary kitchen. The 2017 renovation includes white lacquer cabinetry, grey stone countertops, and luxury stainless steel appliances by Bosch, LG, and Samsung. Enjoy spectacular south- and east-facing open treetop views overlooking the picturesque Forest Hill skyline. Step right back into the city action with the newly completed Eglinton LRT, and with the Chaplin underground station, you are just one stop from the Yonge subway line. Co-ownership monthly fee covers all utilities, including cable/internet, as well as property taxes!
Estimate your monthly payments for this property
Estimated Payment
$2,041.95/mo
Includes CMHC insurance ($11,104)
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.
707 Eglinton Avenue Unit 403, Forest Hill / Deer Park
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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
Competitive Pricing
At $569/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.
Market Position
At 22 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 700 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.