South Forest Hill

  • From $649,990
Toronto, Canada

Overview

  • Parallax Investment Corporation & Westdale Properties
  • Developers
  • Extended
  • Deposit Structure
  • 2026
  • Occupancy
  • On Sale
  • Building Status
  • Address 63 Montclair Ave, Toronto
  • City Toronto
  • State/county Ontario
  • Area Montclair Ave & Spadina Rd
  • Country Canada

Description

Discover South Forest Hill, a new condo in Toronto’s Forest Hill South. Enjoy proximity to transit, shops, and top schools, plus easy access to Yorkdale Mall, parks, and the Eglinton Crosstown LRT.

About South Forest Hill

South Forest Hill Residences is a luxurious new condo development by Parallax Investment Corporation and Westdale Properties in Toronto’s prestigious Forest Hill South neighborhood. Featuring two high-rise towers with 474 units, it offers studio to three-bedroom layouts. Residents will enjoy proximity to transit, top schools, shopping at Yorkdale, and scenic parks. Completion is expected in 2026, promising urban convenience and elegance.

Highlights At South Forest Hill

  • Nestled in Toronto’s prestigious Forest Hill South neighborhood.
  • Two towers with 474 spacious and elegant units.
  • Minutes from St Clair West Subway and future Eglinton Crosstown LRT.
  • Surrounded by lush parks and tranquil ravines.
  • Close to Yorkdale Shopping Centre and Forest Hill Village.
  • Near top universities, including the University of Toronto and George Brown College.
  • Quick access to downtown Toronto and major transit routes.

Top Reasons to Invest At South Forest Hill

  • Prestigious Location: Located in the sought-after Forest Hill South neighborhood, known for its charm and exclusivity.
  • High Demand: First high-rise condo in the area in over 30 years, offering a rare investment opportunity.
  • Connectivity: Steps from St Clair West Subway Station and the future Eglinton Crosstown LRT for easy commuting.
  • Proximity to Amenities: Close to luxury shopping at Yorkdale, renowned Forest Hill Village, and downtown Toronto.
  • Educational Access: Near top educational institutions like the University of Toronto and George Brown College.
  • Lifestyle Appeal: Surrounded by parks, tree-lined streets, and recreational facilities for an enhanced living experience.
  • Developer Reputation: Built by Parallax and Westdale Properties, known for quality and innovative projects.
  • Diverse Unit Options: Offers a mix of studio, one-bedroom, two-bedroom, and three-bedroom units catering to various preferences.
  • Future Growth Potential: Forest Hill South continues to be a highly desirable area, promising long-term value appreciation.
  • Strong Rental Market: Ideal location for attracting tenants, especially students and professionals, ensuring a steady rental income.

Extended Resident Deposit Structure of South Forest Hill

  • $10,000 Bank Draft upon Signing
  • Balance to 5% in 30 days
  • 5% in 220 days
  • 2.5% in 500 days
  • 2.5% on Jan 1st 2026
  • 5% on Occupancy

About The Developers – Parallax Investment Corporation and Westdale Properties

Parallax Investment Corporation, founded in 1981, is renowned for its innovative and diverse real estate projects, including residential, retail, and mixed-use developments. Westdale Properties, with over 60 years of experience, specializes in creating vibrant communities across North America. As a family-owned company, they excel in mixed-use development, managing thousands of residential units and commercial spaces with a commitment to quality and sustainability.

Details

Updated on July 30, 2024 at 9:20 pm
  • Price: From $649,990
  • Property Size: 482-884 Sq Ft
  • Property Type: Condo
  • Property Status: Pre-Construction
  • Developers: Parallax Investment Corporation & Westdale Properties
  • Deposit Structure: Extended
  • Occupancy: 2026
  • Building Status: On Sale

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