MLS® listing
260 Heath Street W 704: condo apartment for sale
$2,228,000
From the listing brokerage
Forest Hill South. This spectacular, sun-drenched terraced suite offers 1,800 sq. ft. of elegantly appointed living space plus nearly 1,000 sq. ft. of landscaped terrace with unobstructed Cedarvale Ravine views. A coveted corner location fills the home with natural light throughout the day, while the flexible open-concept layout flows seamlessly to a remarkable 40' x 25' west-facing terrace with breathtaking sunset views in every season. A welcoming foyer with granite floors leads to thoughtfully renovated interiors. The elegant kitchen features solid wood cabinetry, granite floors, counters and backsplash, built-in appliances, wine rack, glass display cabinetry and built-in desk. Expansive principal rooms showcase engineered hardwood floors, track lighting and custom granite steps with artisan-crafted railing extending to the terrace. A truly one-of-a-kind outdoor retreat, the terrace includes built-in and freestanding planters, irrigation, a large storage locker and exceptional privacy. The spacious primary suite offers a built-in wall unit, four large closets, dressing area and sophisticated marble bath with Jacuzzi tub. The second bedroom features a double closet, built-in wardrobes and desk, plus a picture window. The elegant main bath includes a granite shower. A bright den with wall-to-wall terrace views, electric fireplace and built-in bookcase provides an ideal private home office or cozy retreat. Designed by renowned architect Jack Diamond, Village Terraces is prized for its location on the cusp of Forest Hill Village, welcoming community atmosphere and exceptional amenities, including 24-hour concierge, outdoor pool and BBQ area, gym, sauna, party room and ample visitor parking. Steps to St. Clair West subway, Forest Hill Village shops and restaurants, and St. Clair's vibrant shopping and dining. Adjacent to Cedarvale Ravine, with access to parks, the Beltway Trail, dog parks, playing fields and abundant green space.
Facts on the listing
| Square feet | 1800-1999 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 2 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $2,655 |
| Property tax | $7,420 |
| Tax year | 2026 |
| Locker | Exclusive |
| Pets | Yes-with Restrictions |
| Exposure | West |
| Fee includes | Heat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included |
| Balcony | Terrace |
| Laundry | Ensuite |
| Parking | None |
| Interior features | Built-In Oven, Carpet Free, Separate Heating Controls, Water Purifier |
| Features | Clear View, Hospital, Park, Public Transit, Rec./Commun.Centre, Ravine |
| View | Park/Greenbelt, Clear, Trees/Woods |
| Floor | 7 |
Listing courtesy of ROYAL LEPAGE REALTY PLUS. MLS® C13789780.
About this condo apartment
260 Heath Street W 704 is a 2 bedroom condo apartment in TRREB's Forest Hill South community in Toronto, listed for sale at $2,228,000. The listing shows 2 bathrooms and 1800-1999 square feet. The style is given as apartment. The unit faces west. It comes with 2 parking spaces, an underground garage and a locker (exclusive) according to the listing. The nearest main intersection given is Spadina - Heath W..
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 260 Heath Street W 704
At the asking price of $2,228,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $2,228,000 |
|---|---|
| Ontario land transfer tax | $42,175 |
| Toronto municipal land transfer tax | $42,175 |
| Both taxes | $84,350 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $445,600 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $2,655 a month |
|---|---|
| Property tax (2026) | $7,420 a year, about $618 a month |
| Fee and tax together | about $3,274 a month |
The listing says the maintenance fee includes heat, hydro, water, cable tv, cac, common elements, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $2,228,000, which is $1,678,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 2 parking spaces and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 260 Heath Street W 704
How much is land transfer tax on 260 Heath Street W 704?
At the asking price of $2,228,000 the Ontario tax is $42,175 and the Toronto tax is $42,175, $84,350 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 260 Heath Street W 704?
$445,600 at the asking price of $2,228,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 260 Heath Street W 704?
The listing shows $2,655 a month, including heat, hydro, water, cable tv, cac, common elements, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 260 Heath Street W 704?
The listing shows $7,420 a year for 2026, about $618 a month.
Is 260 Heath Street W 704 priced above or below the median?
It is listed at $2,228,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $1,678,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 260 Heath Street W 704?
Use the form on this page or call us. Quote MLS® C13789780. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 260 Heath Street W 704 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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