Forest Hill

GTA-wide financing context

Economic backdrop

BoC rate

2.25%

Next decision

Sep 2

ODIN forecast

Hold

80% probability

Financing conditions are more likely to stay steady through the next decision, giving the market a clearer payment baseline.

Macro context for financing—not a neighbourhood price forecast.

About this data. Monthly market statistics are sourced from the Toronto Regional Real Estate Board (TRREB) Market Watch report. Metrics labelled “calculated” are derived from MLS® listing data and may differ from official board figures. Figures reflect data available. This information is deemed reliable but is not guaranteed accurate. Content is provided for general information only and does not constitute financial, investment, or real estate advice.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

Forest Hill Area Guide

AI Generated

Forest Hill is a prestigious and well-established Toronto neighbourhood, known for its tree-lined streets, elegant homes, and proximity to green spaces like Forest Hill Village and Cedarvale Park. This tranquil area attracts families and professionals seeking a refined suburban feel within the city. The area is currently undergoing significant development, with a focus on new condominium and townhouse projects catering to a range of urban living preferences.

Diverse Housing Options — New developments in Forest Hill include a mix of condominium and townhouse projects. These range from boutique buildings like One Thelma with 16 units to large-scale condominium complexes such as Forêt Forest Hill Condos, offering over 1,300 units.
Broad Price Range — Properties in Forest Hill's new developments feature a wide price spectrum, from approximately $269,900 for completed resale condos to luxury units reaching up to $6,900,000, catering to various budgets and preferences.
High Walk and Transit Scores — Many new projects, such as Forêt Forest Hill Condos (90/100 walk score, 86/100 transit score) and Forest Hill Private Residences Condos (82/100 walk score, 85/100 transit score), offer excellent connectivity and convenience for residents.
Significant Development Activity — With 32 projects in various stages from planning to completion, Forest Hill is experiencing considerable growth. This includes major developments like South Forest Hill Residences with 463 units currently under construction.