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Forest Hill Private Residences – MOVE IN Fall 2023

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Condo
9 storeys
Completion: 2023

Description

A new project by Graziani + Corazza Architects is about to take Forest Hill by storm. This modern, 9-storey boutique condo in one of Toronto’s most sought-after neighbourhoods is turning heads and gaining a lot of attention. Located at 2 Forest Hill Road just west of Avenue Road, this project will be a gorgeous, stepped-back condominium 

This is a new modern 9-storey boutique condo at one of Toronto’s most exclusive neighbourhoods. A stylish design promising gorgeous views and top-shelf amenities, Forest Hill Private Residences is looking to be one of the most exciting projects in midtown Toronto.

Forest Hill Private Residences

Forest Hill Private Residences Highlight:

  • 2 mins walk to TTC Street Car stop
  • 12 mins walk to St.Clair & St.Clair West subway station
  • Short Distance to Supermarket.
  • 15 Minutes to Downtown Toronto.
  • Short Drive to the Park
  • The Most Expensive postcode in Toronto
  • Close to many Public, Private, Post Secondary schools
  • Walk Score of 82 out of 100. Transit score of 85 out of 100
  • Nearby parks include Glenn Gould Park, Sir Winston Churchill Park and Poplar Plains, Park

This new project contains nine storeys of timeless luxury residences with expansive outdoor areas overlooking the thriving strip of St. Clair Avenue West and lush green hues of Forest Hill Road. Home to local conveniences and quaint boutique shops well-loved and known to many, experience the incomparable feeling of coming home.

Top 5 Reasons to Invest in Forest Hill Private Residences

1.Location

With it’s charming winding roads and set-back properties, Forest Hill often feels like a tree-canopied suburb right within the heart of toronto. Featuring some of the most beautiful homes in the city, Forest Hill has long been associated with affluence, style and character. 

A large neighbourhood, Forest Hill stretches all the way from Eglinton to St Clair Ave West, with Spadina Road bisecting it nearly perfectly in half. Residents will find countless conveniences from TTC stops, to charming high-street amenities all within walking distance. LCBOs, pharmacies, bistros and shopping line St. Clair Avenue. Local cultural hotspots and attractions include the famous Casa Loma, the Spadina Museum, and the Terragon theatre, among many others. 

Forest Hill Private Residences

For families, the neighbourhood of Forest Hill might be one of the most convenient places in the entire city to set down roots. Apart from the number of prestigious private schools, Upper Canada College, The Bishop Strachan School, as well as De La Salle College Oaklands, Forest Hill is also home to a large number of public schools. Some of these excellent elementary and high schools include Deer Park Junior and Senior, Forest Hill Junior and Senior, Hillcrest Community School, and the York School. 

Forest Hill got it’s name for a reason. Amidst the rows of residential streets, great old trees line the sidewalks, and a number of parks in the area lend to a truly canopied feeling. Glenn Gould Park, Amsterdam Square, Sir Winston Churchill Park are all nearby providing a much-needed respite into nature. Further, David A. Balfour Park provides walking path connections into the extensive Don River Park system of ravines known to spread across the GTA. 

2.Amenities

Forest Hill Private Residences

Rising 9 storeys, the Forest Hill Private Residences will feature 94 suites, with large floorplans ranging from 1,000 to an impressive 4,000 square feet. These units will range from 1-bedroom units up to 3-bedroom units. The large majority of these suites will feature gorgeous terraces as well. This all combines to a total of 13,554 square metres of residential space.

Underground, an expansive 2-level parking garage will house 126 parking spaces, 25 of which will include electric vehicle charging facilities. The garage will also include 86 spots for bicycle parking and 35 storage lockers. 

Forest Hill Private Residences

Shared amenities will be found on the ground floor, and will include a beautiful tranquil pool, complete with a sauna and steam room, a private gym, exclusive Port Cochere with a valet, as well as a multi-purpose party room, and five-star services provided by The Forest Hill Group. 

3.Transit Options

This area has a Transit Score of 84. This means it’s quite easy to access transit across the city. The St. Clair streetcar passes directly in front of the condo, and can take residents to St. Clair TTC Station in just 7 minutes. Once there, residents have access to the entire TTC subway network, and can get downtown in minutes.

Transit will be getting even more convenient in a few years time. Planned to launch in 2021, the Eglinton Crosstown LRT will have a stop nearby at Avenue Road and Eglinton Avenue just a few minutes away. This important new infrastructure will have crosstown traffic immensely and will likely be a large part of the way residents get around the city. 

Further adding to the transit infrastructure, a GO Transit Midtown will eventually cut through the neighbourhood as well, providing another east-west commuter option. This line will have a stop at North Toronto Station in Summerhill, which is now being used as an LCBO, but may again act as a transit station in the historic building. 

It’s not hard to get out to the rest of the city and beyond, either. The Allen Road in midtown’s north-west corner is an easy access to Toronto’s highway network, connecting residents to Highway 401, 404, 400, and many more. There’s also the Don Valley Parkway just to Midtown’s east, which winds through Toronto’s picturesque ravine system and proves t one one of Toronto’s main arterial highways. Once travellers hit one of these major routes, access to “cottage country”, eastern towns like Kingston and Peterborough, or the Niagara Region are all short drives away. 

And if you prefer to get around using a method that’s both green and healthy, consider using one of the building’s many bicycle parking spots, and cycling to and from work. Forest hill is quite bike friendly, having scored 100 in it’s bicycle score. 

4.The Developer

Altree Developments is an integrated real estate development firm focused on landmark projects in and around the GTA. Founded by Zev Mandelbaum, Altree works in acquisitions, planning, sales, construction, and finance of developments in some of the most iconic neighbourhoods in Toronto.

With roots dating back to the 1950’s through H&R and Lanterra Developments, Altree has been focused on growth, and as a result has a wide portfolio of projects throughout Ontario as well as the United States. With clear vision and a solid foundation of trustworthiness, Altree has pushed the boundaries of architecture, design and innovation in their various projects. Having a hand in development at every step makes them have a clear idea of the big-picture of any development. An effect of this is that they are well-known for respecting the neighbourhoods in which they develop, integrating their projects rather than imposing them. 

Once the building is complete, their work doesn’t stop. Altree has an impressive customer service program, including excellent features like their Decor Centre, which allows residents to explore their customization options and help design the home of their dreams. Altree is approachable and helpful all along the way, instilling family values and high standards into their interaction with their customers. 

Altree is also committed to giving back to the community. They are sponsors of a number of local charities and programs including Hand Up Hunger Toronto, Cycle for Baycrest Foundation, and the Toronto Bread Food Bank. 

5.Investment Opportunities

Forest Hill Private Residences

Midtown has seen some of the most radical change in all over toronto over the past 50 years. Neighbourhoods have transformed rapidly as progress and urban density have demanded so much from the area. As populations continue to densify, Condos will continue to be the natural choice. We see development strategies from places like Yonge & Eglinton beginning to spread outward, with more high-rise buildings sprouting up in the Annex, and Davisville, among others.

Average selling price of pre-construction condos in Midtown Toronto is at a healthy high $400K range, meaning that despite all the existing developments, the hunger for new properties is alive and well and now is still an excellent time to invest in the projects throughout Midtown. 

Another in a long line of condominium developments in Midtown, Forest Hill Private Residences is looking to be another luxurious step for this historic neighbourhood. This is a project that is expected to continue to grow as an investment in the future thanks to increased infrastructure coming to a residential area already with a solid foundation of affluence and convenience. 

Architecturally unique, it’s expected that this project will sit above the rest in Forest Hill, meaning investors looking for property with a certain air of luxury and style should look no further than the Forest Hill Private Residences.

Property Features

  • DEVELOPER: Altree Developments
  • ARCHITECT: Graziani & Corraza
  • UNITS: 94
  • CEILING HEIGHTS: 10' smooth finish ceilings with coffered areas
  • PARKING: From $95,000
  • LOCKER: $10,000
  • MAINTENANCE : approx. $1.05/SF (excludes gas, hydro, and water)
  • DEPOSIT STRUCTURE: $15,000 on signing ; Balance to 5% in 30 days, 5% in 90, 365, 540 days ; 1% on Occupancy
  • ESTIMATED COMPLETION: Fall 2023


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