A Boutique Address. Room to Live Beautifully with an exceptional sense of light and space in an intimate 27 Unit building in prestigious Forest Hill. This light-filled two-bedroom, two-bathroom residence combines generous principal rooms, custom built-ins and a private balcony with the comfort and convenience of condominium living.The expansive living and dining areas provide plenty of room to entertain, gather with family and friends, or simply enjoy a little extra breathing room. Custom built-ins add character and functionality, while the well-proportioned layout creates a natural flow for everyday living. The large private kitchen has a rare window bringing an abundance of light into the space. Generous Terrace to enjoy an evening drink or morning coffee. Two spacious bedrooms offer flexibility for guests, a home office or a peaceful private retreat.Residents enjoy beautifully landscaped gardens including a backyard perfect for quiet reflection and entertaining guests, a fitness room, party room, visitor parking and on-site management. Two extra building fridge/freezers are great for those times when you are preparing for a large gathering. Enjoy the community atmosphere, with regular cocktail parties and building gatherings. This coveted address offers easy access to parks, transit and some of Midtown Toronto's most established neighbourhoods.Enjoy the rare combination of generous living space, boutique-building charm and a location that puts the best of Midtown within reach.
2 bedrooms, 2 bathrooms, about 1,400 sq ft, works out to roughly $1,064 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 616 Avenue Rd #401
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1400-1599 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
616 Avenue Rd #401 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14095272$1,489,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 616 Avenue Rd #401 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
$7,315
/mo
based on the purchase price of $1,489,000
$297,800 cash
$1,191,200 financed
$1,003,303 total interest
Principal54%$1,191,200
Interest46%$1,003,303
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.
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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 $1.5M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5097.1%On average, homes sold at or above asking.
Active listings12,531Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 9,303 sales from Jul 24 – Oct 22, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
616 Avenue Rd #401 is listed at $1,489,000 (MLS® C14095272). Summitly updates the price as soon as the MLS® record changes.
Is $1,489,000 a good price for 616 Avenue Rd #401?
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 616 Avenue Rd #401 changed?
No — 616 Avenue Rd #401 is still listed at its original asking price of $1,489,000.
How many bedrooms and bathrooms does 616 Avenue Rd #401 have?
616 Avenue Rd #401 has 2 bedrooms and 2 bathrooms, with about 1,400–1,599 square feet of living space. It is a condo in Toronto.
Is 616 Avenue Rd #401 close to transit?
The nearest rapid-transit station is St. Clair Station (Line 1), about 810 m (about a 10-minute walk) in a straight line. Davisville Station is about 1.0 km (about a 13-minute walk), and St. Clair West Station is about 1.1 km (about a 14-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 616 Avenue Rd #401?
About $7,315 a month — principal and interest on $1,489,000 with 20% down ($297,800), 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 616 Avenue Rd #401 compare with other homes in Toronto?
Its asking price of $1,489,000 is about 76% above the median sold price in Toronto over the last 90 days, $845,000, across 9,303 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 616 Avenue Rd #401 been sold before?
Summitly has no earlier MLS® sale or lease of 616 Avenue Rd #401 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 616 Avenue Rd #401?
616 Avenue Rd #401 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 616 Avenue Rd #401 been on the market?
3 days — 616 Avenue Rd #401 was listed on October 19, 2026.
What is the price per square foot of 616 Avenue Rd #401?
About $931 to $1,064 per square foot: the asking price of $1,489,000 over the 1,400–1,599 sq ft the listing gives as its size range.
Does 616 Avenue Rd #401 have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
