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Oliver von Bretten & Associates

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Home/South Forest Hill Residences/Forest Hill 550

Forest Hill 550

Available

$957,990

$1,742/sq ft

1 Bed + Den·1.0 Bath·550 sq ft·South·$1,742/sq ft

Bedrooms

1 Bed + Den

Bathrooms

1.0

Size

550 sq ft

Exposure

South

Prev: Forest Hill 5663 / 3
Forest Hill 550 Floor Plan at South Forest Hill Residences - 550 sq.ft
Click to enlarge

Floor Range: 10-18 | Unit Number: 22

Price History

$921K$930K$939K$949K$958KNov 22May 23Aug 25

Launch Price

$920,990

$1,675/sq ft

Nov 3, 2022

Current Price

$957,990

$1,742/sq ft

$37,000 (+4.0%)

Deposit Structure

Deposit breakdown for this unit priced at

$957,990

(10% + 5%) $10,000.00 On Signing Balance to 5% - 30 days 5% - Apr 2, 2026 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$37,900$47,900Sep 22, 2026
5% - Apr 2, 20265%$47,900$95,799Sep 27, 57497
5% - Occupancy5%$47,900$143,699At Occupancy
Total Deposit15.0%$143,699

550 sq ft × $0.69/sq ft = $379/mo

Add-ons

Monthly Mortgage (P&I)$4,174
Property Tax (est.)$519
Maintenance Fees$379
Total Monthly Cost$5,072

Down payment: $191,598 (20.0%) · Mortgage: $766,392

Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Land transfer tax on this homeRent vs ownView more calculators →

Get in Touch

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Submit a Worksheet
Resale MarketLive MLS
Est. Rent (17)$2,525/mo
Est. Gross Yield3.2%

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Building Market

Developer
$1,735/sqft
21available
$932K–$4.5M
For Rent
$4.31/sqft
46on MLS
5 avg DOM
$2K–$4K

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