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    240 Heath Street W

    Village Park
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    17
    Number of Units:
    66
    Condo Completion:
    1980
    Condo Demand:
    Medium
    Unit Size Range:
    1,649 - 2,000 SQFT
    Unit Availability:
    Low

    Listing History for Village Park

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    Amenities

    Indoor Pool
    Party Room
    Visitor Parking
    Concierge
    Gym Room
    Sauna

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 240 Heath Street WVillage Park

    Situated in Forest Hill South, the Village Park Condos have proudly overlooked the this prestigious neighbourhood since 1978. This development at 240 Heath Street West was constructed by Car-Allen Investments, and still compares favourably to newer builds throughout the city, courtesy of the building’s sophisticated design and posh location.

    Standing at 17-storeys, the building's clean aesthetic radiates a confidence distinctive of high-modern design. Extending from an innovative octagonal base, the building's tower features long vertical series of wide windows that rise up from the ground seamlessly. As a result, even without any ornate adornments, the design of the tower projects a sense of grandeur.

    Nonetheless, the design culminates with the elegant stone awning articulated boldly over the its entrance — a fitting way to welcome residents home to a building filled with luxury amenities. This includes concierge service, a fully equipped exercise room, an indoor pool, a sauna, a party room for entertaining friends and family, and an impressive rooftop terrace boasting a gorgeously groomed garden.

    The Suites

    Not to big, nor too small, the Village Park Condos contain 66 midtown Toronto condos, which are all two-bedroom, two-bathroom homes. Varying from around 1,600 to 1,800 square feet, Toronto condos for sale in this building are spacious, and suited well for the small families attracted to this friendly neighbourhood.

    For parents (or any resident for that matter), kitchens feel especially expansive — they’re big enough to cook and eat in. They feature granite countertops and stainless countertops, one of the many updates that persist throughout the Village Park Condos, which are still luxurious even after three decades.

    Conversely, 240 Heath St W has always boasted suites filled with an abundance of natural light: the generously sized windows fill the open concept living spaces splendidly. Though the building features only a few balconies, corner set sunrooms are bright and — unlike true outdoor spaces — warm year round.

    The Neighbourhood

    Nestled on a quiet side street stemming off Spadina Road, 240 Heath St W offers residents an easy going but still exciting lifestyle — there are both lush green spaces as wells as vibrant commercial areas in the surrounding neighbourhood.

    Down the street, the Cedarvale Ravine’s luscious landscape breathes freshness into the neighbourhood. There’s a footpath one can stroll on, which also leads to large grassy fields where many enjoy picnics, baseballs games, and more.

    Around the corner from the Village Park Condos, an eclectic array of shops surrounds the prominent Midtown intersection of Bathurst Street and St. Clair Avenue West. Moreover, catering to the neighbourhood’s proudly diverse community are some delicious and culturally-distinct eateries and markets, like Albert’s Real Jamaican. Also, authentic Filipino dishes and products can be purchased at FV Food Markets.

    Transportation

    Even without a car, residents can get around the city with ease. A short walk away from the Village Park Condos, where Heath becomes Tichester Road, is where one can access St. Clair West Station on the Yonge-University-Spadina subway line. Trains from St. Clair West Station take riders downtown and uptown in no time.

    For those who do drive, residents live in an area where traffic moves quite well, thanks to Midtown’s wide main streets. Bathurst, in particular, is popular with drivers. Its lanes remain wide even as the street extends south through downtown Toronto, and all the way to the Lakeshore.

    Towards the north, drivers can take Bathurst to access the highway quickly: they can either drive directly to the 401, or turn west on Eglinton, the first major street north of 240 Heath St W. Eglinton leads quickly to the Allen Road Expressway, connecting to the 401 near Yorkdale Mall.

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    Explore Forest Hill South

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,192
    Average Individual Income
    $60,292
    Average Household Size
    3 persons
    Average Age
    40
    Average Household Income
    $111,861
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    17%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    49%
    Low Rise Apartment
    15%
    High Rise Apartment
    15%
    Semi Detached
    12%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    57%
    Mandarin
    14%
    Cantonese
    11%
    Other
    10%
    Tagalog
    3%
    Tamil
    3%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    28%
    High School
    27%
    None
    18%
    College
    17%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Humanities
    7%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at Village Park spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Forest Hill South

    Turnover of Units

    On average, each unit is owned for
    22.9
    YEARS before being sold again

    Property Value

    -54%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 23 condos in the Forest Hill South area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Village Park offers the
    ?
    best value out of 23 condos in the Forest Hill South neighbourhood

    Appreciation Rank

    Village Park has the
    ?
    highest ROI out of 23 condos in the Forest Hill South neighbourhood

    Rental Yield

    Village Park yields the
    ?
    highest rent prices out of 23 condos in the Forest Hill South neighbourhood

    High Demand

    Village Park is the
    ?
    most popular building out of 23 condos in the Forest Hill South neighbourhood

    Transaction Insights at 240 Heath Street W

    2 Bed2 Bed + Den
    Price Range$1,450,000 - $1,535,000No Data
    Avg. Cost Per Sqft$902No Data
    Avg. Wait for Unit Availability97 DaysNo Data
    Ratio of Units in Building99%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Forest Hill South