Downsizing Doesn't Have To Feel Like Downsizing In Forest Hill. Welcome To Over 1,700 Sq. Ft. Of Exceptional, Turnkey Luxury Living In The Heart Of Forest Hill Village. Completely Reimagined And Designed By Renowned Interior Designer Rosen+Co., This Sophisticated 2-Bedroom, 2-Bathroom Residence Combines The Space And Comfort Of A Home With The Ease Of Condo Living.A Coveted Southwest Exposure And Massive Windows Flood The Suite With Natural Light, Creating A Bright And Airy Feel Throughout. The Expansive Open-Concept Living And Dining Areas Are Ideal For Everyday Living And Entertaining, Featuring Extensive Custom Built-Ins, Exceptional Closet And Storage Space, Motorized Hunter Douglas Blinds And A Striking Electric Steam Fireplace.The Designer Kitchen Is A Showpiece With A Waterfall Stone Island, Premium Miele Appliances, Integrated Fridge/Freezer And Built-In Wine/Beverage Fridge.The Generous Primary Suite Features Extensive Custom Storage And A Spa-Inspired Ensuite With Heated Floors, Double Shower, Built-In Bench And Large Vanity Counter. A Spacious Second Bedroom And Beautifully Finished Second Bathroom Provide Flexibility For Guests, Family Or A Home Office.Step Outside To The Large Open Balcony, Extending The Living Space And Providing The Perfect Spot To Enjoy The Southwest Exposure. Parking with EV charger And Locker Complete This Truly Turnkey Offering. All Of This Just Steps From The Shops, Cafes And Restaurants Of Forest Hill Village, With Convenient Access To The Subway, The St. Clair Streetcar, Parks And Everything Midtown Toronto Has To Offer. Beyond The Suite, The Building Offers A Welcoming Atmosphere And A Strong Sense Of Community-A Place Where Neighbours Know Neighbours And It Truly Feels Like Home. Over 1,700 Sq. Ft. Of High-End Luxury Living. Exceptional Design. Incredible Natural Light. Outstanding Storage. Bonus, Universal EV Charger installed in Parking Stall. A Wonderful Sense Of Community. Simply Move In And Enjoy.
2 bedrooms, 2 bathrooms, about 1,600 sq ft, works out to roughly $1,397 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 240 Heath St W #1401
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1600-1799 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
240 Heath St W #1401 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14026782$2,235,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 240 Heath St W #1401 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$10,980
/mo
based on the purchase price of $2,235,000
$447,000 cash
$1,788,000 financed
$1,505,965 total interest
Principal54%$1,788,000
Interest46%$1,505,965
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 2–3 bed homes for sale in Toronto around $2.2M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4901.1%On average, homes sold at or above asking.
Active listings12,554Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,683 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale at 240 Heath St W — plus its sale and lease history.
240 Heath St W #1401 is listed at $2,235,000 (MLS® C14026782). Summitly updates the price as soon as the MLS® record changes.
Is $2,235,000 a good price for 240 Heath St W #1401?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 240 Heath St W #1401 changed?
No — 240 Heath St W #1401 is still listed at its original asking price of $2,235,000.
How many bedrooms and bathrooms does 240 Heath St W #1401 have?
240 Heath St W #1401 has 2 bedrooms and 2 bathrooms, with about 1,600–1,799 square feet of living space. It is a condo in Toronto.
Is 240 Heath St W #1401 close to transit?
The nearest rapid-transit station is St. Clair West Station (Line 1), about 240 m (about a 3-minute walk) in a straight line. Dupont Station is about 1.4 km (about a 18-minute walk), and St. Clair Station is about 1.6 km (about a 20-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 240 Heath St W #1401?
About $10,980 a month — principal and interest on $2,235,000 with 20% down ($447,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 240 Heath St W #1401 compare with other homes in Toronto?
Its asking price of $2,235,000 is about 164% above the median sold price in Toronto over the last 90 days, $848,000, across 9,683 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 240 Heath St W #1401 been sold before?
Summitly has no earlier MLS® sale or lease of 240 Heath St W #1401 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 240 Heath St W #1401?
240 Heath St W #1401 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 240 Heath St W #1401 been on the market?
240 Heath St W #1401 was listed today (October 13, 2026).
What is the price per square foot of 240 Heath St W #1401?
About $1,242 to $1,397 per square foot: the asking price of $2,235,000 over the 1,600–1,799 sq ft the listing gives as its size range.
Does 240 Heath St W #1401 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
