The Forest Hill
1Listing for Salefor Sale
2Listings for Rentfor Rent
500 St Clair Ave W
The Forest Hill
500 St Clair Ave Wexpand addresses list
    1Listing for Salefor Sale
    2Listings for Rentfor Rent
    Walk Score
    93
    Transit Score
    89
    Bike Score
    61
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    Average
    Unit Availability
    Average
    Property Type
    Condo
    Developer
    Lash Developments
    Condo Completion
    2010
    Property Management
    St George Property Management
    Unit Size Range
    564 - 1334 SQFT
    Number of Units
    172
    Number of Storeys
    23

    500 St Clair Ave W | The Forest Hill | Toronto, ON

    About this condo

    Condo Overview

    The 500 St Clair Condos are a rarity in Toronto, for more reasons than one. Firstly, the art-deco style that drifts from exterior to interior is an aesthetic that is far and few between, even for such a varied and diverse city. Secondly, condos in midtown Toronto that check all three boxes — contemporary, fashionable, and convenient — are hard to come by.

    The condos are a refreshing choice for prospective buyers interested in the amenities of urban condominiums, without having to give up mid-town luxuries: less congestion, larger green spaces, and a more leisurely pace of life.

    Built by Lash Developments in 2010, the 23-storey tower is the focal point of the St. Clair and Bathurst intersection, along with its sister building. After the initial success of the condos, a second tower was erected next door, at 530 St Clair West.

    The complex has a nucleus of its own, an amenity-packed area dubbed the “530 club.” The lineup of amenities is anything but humble, boasting a gym, party room, cinema room, library, pool, sauna, boardroom, and rooftop terrace. And on top of all that, guests of residents will feel right at home, thanks to the building’s visitor parking, guest suites and concierge.

    The Suites

    The 500 St Clair Condos are divided into 172 units, which may sound like a lot, but when considering the height of the building this leaves plenty of space for some spacious homes. Toronto condos for sale here begin at around 600 square feet, with layouts that feature one bedroom. Larger units, on the other hand, reach to approximately 1,400 square feet, with up to two bedrooms plus a den.

    For a touch of charm and a dash of personality, the suites are named for the streets that pave their way around the surrounding area: Dewborne, Tichester, Montclair, Dunvegan, Chaplin, and so on. No matter the name, every unit in the building boasts state-of-the-art kitchens, 9-foot ceilings, plus spa-like bathrooms outfitted with generously sized bathtubs.

    Outdoor spaces at 500 St Clair West are also impressive: while some units feature balconies, others are equipped with wraparound terraces that offer panoramic vistas of the city below. Moreover, certain impressive units even boast one of each.

    The Neighbourhood

    The 500 St. Clair West Condos are located smack dab in the middle of two divergent neighbourhoods, Humewood & Cedarvale, meaning residents have their pick of how they spend their spare time. While some people are creatures of habit, always sticking to what they know, we wouldn’t be surprised if most residents split their time between the two.

    For simplicity’s sake, we’ll start west and work our way east. All the way from Corso Italia & Davenport to Bathurst Street, St. Clair West is strewn with independent shops, restaurants, and bakeries. This strip is both family-friendly and time-honored, with businesses like La Paloma Gelateria & Café running since the 1960s. Yet another institutional ice cream shop, Dutch Dreams, has been serving St. Clair West customers for over 30 years.

    Shifting east of the 500 St. Clair Condos, the Forest Hill Village has some long-standing businesses of its own. Along the small stretch of Spadina Avenue between Lonsdale and Kilbarry Roads, residents can indulge in fresh baked goods from What a Bagel, or dine like a Mediterranean at Mashu Mashu.

    Also, essential for residents is the expansive (and lavish) Loblaws on St. Clair just east of Bathurst. This colossal grocery store not only contains an LCBO, but also sits directly atop a subway station.

    Transportation

    Speaking of the subway, St. Clair West station will come in handy for residents looking to reach the downtown core. A quick ride south on the University-Spadina line will land passengers in a variety of neighbourhoods, including The Annex, Queen Street West, and the Entertainment District. This route also offers a transfer onto the Bloor-Danforth line at St. George and Spadina stations for those looking to continue their travels east or west.

    Drivers can also reach downtown in no time, via either Bathurst Street or Avenue Road. Alternatively, those heading north into the suburbs or out of town can catch the beginning of the Allen Road, which allows drivers to zip onto the 401 in no time at all. And thanks to its mid-town locale, residents can even reach Pearson International Airport in around 20 minutes by car.

    1

    Listings For Sale

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    2

    Listings For Rent

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    Amenities

    Rooftop Deck/Garden
    Media Room
    Underground Parking
    Gym
    Recreation Room
    Party/Meeting Room
    Guest Suites
    Visitor Parking
    Indoor Pool
    Concierge

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    The Forest Hill vs The Humewood | Cedarvale Area

    $17.00
    Less Expensive
    per SQFT compared to the neighbourhood average
    The Forest Hill's Avg
    price per SQFT
    $888
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $905
    / SQFT

    Building Trends At The Forest Hill

    Days on Market

    Units at The Forest Hill spend an average of
    22
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an

    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 5 condos in the Humewood | Cedarvale area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    13
    Units were Rented over the past twelve months

    Best Value

    The Forest Hill offers the
    ?
    best value out of 5 condos in the Humewood | Cedarvale neighbourhood

    Return on Investment

    The Forest Hill has the
    ?
    highest ROI out of 5 condos in the Humewood | Cedarvale neighbourhood

    Rental Yield

    The Forest Hill yields the
    ?
    highest rent prices out of 5 condos in the Humewood | Cedarvale neighbourhood

    High Demand

    The Forest Hill is the
    ?
    most popular building out of 5 condos in the Humewood | Cedarvale neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed583 - 672 SQFT
    Average Cost Per Sqft$945
    Sales Price Range$542,000 - $582,000
    Rental Price Range$1,650 - $2,000
    1 Bed + Den741 - 929 SQFT
    Average Cost Per Sqft$752
    Sales Price Range$680,000 - $680,000
    Rental Price Range$2,450 - $2,450
    2 Bed763 - 1300 SQFT
    Average Cost Per Sqft$869
    Sales Price Range$698,000 - $1,259,000
    Rental Price Range$2,400 - $3,050
    2 Bed + Den890 - 1088 SQFT
    Average Cost Per Sqft$874
    Sales Price Range$800,000 - $985,000
    Rental Price Range$2,250 - $2,995

    How Often Are Units Listed?

    1 Bed564 - 774 SQFT
    Average Sales Availability
    Every91Days
    Average Rental Availability
    Every129Days
    Ratio of Unit Type in Building31%
    1 Bed + Den741 - 929 SQFT
    Average Sales Availability
    Every347Days
    Average Rental Availability
    Every543Days
    Ratio of Unit Type in Building10%
    2 Bed763 - 1334 SQFT
    Average Sales Availability
    Every53Days
    Average Rental Availability
    Every90Days
    Ratio of Unit Type in Building48%
    2 Bed + Den890 - 1104 SQFT
    Average Sales Availability
    Every217Days
    Average Rental Availability
    Every560Days
    Ratio of Unit Type in Building13%

    Maintenance Fees
    The Forest Hill vs The Humewood | Cedarvale Area

    $0.02
    Less Expensive
    per SQFT compared to the neighbourhood average
    The Forest Hill's Avg
    monthly maintenance
    fee per SQFT
    $0.79
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.81
    / SQFT

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