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307 - 447 Walmer Road
Forest Hill South, Toronto
$600,000
Move-in ready in prestigious Forest Hill South! Beautifully renovated 2-bed, 2-bath suite, approx 875 sq ft, in boutique Heathside Place. Thousands invested in 2026: new furnace in soundproofed room, hot water tank, dishwasher, full-size washer/dryer and elegant window coverings with bedroom blackout blinds. Two marble baths: glass walk-in shower and en-suite soaker tub. Mirrored closets, new foyer storage. Steps to St. Clair West subway, shopping & parks.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,071
- Property tax
- $271
- Heat allowance
- $150
- Condo fees, half counted
- $914
- Housing costs
- $4,407 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$136,000
gross annual household income
- Payment at 4%
- $2,525 / mo
- Cash down
- $120,000
Assumes no other monthly debts · 25-yr amortization
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