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$938,900
DOM1dayVillage Terraces · 260 Heath Street · Toronto · Ontario M5P 3L6
1 day on market
Rarely Available High-Floor Suite In Prestigious Forest Hill! Welcome to Suite 1502 at the iconic Village Terraces. This beautiful 2-bedroom residence offers a functional layout with large principal rooms and an abundance of natural light. Enjoy a separate, well-appointed galley kitchen featuring a breakfast area, perfect for meals and your morning coffee. The generous living and dining areas flow effortlessly, making it ideal for both relaxed living and upscale entertaining. The primary bedroom…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RE/MAX REALTRON REALTY INC.
Source: TRREB/PROPTX · MLS® C14107180
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20%+ down — no CMHC premium
≈ $0.13/ft² × ~1,100 ft² · incl. electric heat
Electric heat — no gas service · see hydro
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $42,743 | $3,562/mo |
| Government & taxes | ||
| Property tax | $4,374 | $364/mo |
| Land transfer tax(closing) | $15,253 | $1,271/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $9,389 | $782/mo |
| Condo fees | ||
| Condo / HOA fees | $19,624 | $1,635/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $100,543 | $8,379/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.