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Heathside Place, 447 Walmer Rd: A 71-Suite Forest Hill Condo

Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty

Building at a glance · Forest Hill South

Heathside Place in one look.

447 Walmer Rd, Toronto

Built

1983

Storeys

9

Suites

71

Developer

Philmor Group

Corporation

MTCC-605

Walk Score

94

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What is your unit at Heathside Place worth today?

Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.

  • Uses this building’s own recent sales
  • Adjusts for floor, view and parking
  • Your number appears instantly

How you get around

Scores from Walk Score®

Walk Score

Walker's Paradise

Transit Score

Excellent Transit

Bike Score

Very Bikeable

Transit, nearest first

  • 33Forest HillTTC busSteps away
  • 512St Clair Ave West at Spadina Rd West Side512 St Clair streetcar0.2 km
  • 126ChristieTTC bus0.3 km
  • 90VaughanTTC bus0.3 km
  • 1St Clair West stationLine 1 Yonge–University0.3 km
  • GOBloor GOKitchener line4.4 km

TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.

Distances are straight-line from the building.

How far is everything?

From the front door, in kilometres.

Subway0.2 km

Streetcar0.2 km

Loblaws0.3 km

St Clair West station0.3 km

Forest Hill Junior and Senior Public School1.1 km

Forest Hill Collegiate Institute2.0 km

Bloor GO4.4 km

Schools for this address

Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.

ElementaryJK–8

Forest Hill Junior and Senior Public School

78 Dunloe Rd, Toronto

1.1 km · ~17 min walk

Zoned for this address

High schoolGr 9–12

Forest Hill Collegiate Institute

730 Eglinton Ave W, Toronto

2.0 km

Zoned for this address

Catholic elementary

Holy Rosary Catholic Elementary School

0.2 km · ~3 min walk

Nearest, confirm zoning

Catholic elementary

St Alphonsus Catholic Elementary School

1.6 km · ~25 min walk

Nearest, confirm zoning

Catholic secondary

Marshall McLuhan Catholic Secondary School

2.4 km

Nearest, confirm zoning

French-language · MonAvenir (Catholic)

Sacre Coeur Catholic Elementary School

2.2 km

Nearest, confirm zoning

Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.

Living here

Renters, Airbnb and elevators at Heathside Place

Do mostly owners or renters live here?

Leases 0%Sales 100%

Mostly owner-occupied. Of 7 deals here in the last 24 months, 0 were leases and 7 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.

Can you Airbnb a unit at Heathside Place?

0units registered with the City as a short-term rental at this address

No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.

How reliable are the elevators?

0elevator outages of 48 hours or more reported to TSSA for this address since July 2022

Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.

Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.

Before you buy here

Five things the listing will not tell you about Heathside Place

  1. Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
  2. Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
  3. Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
  4. Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
  5. Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.

Send me the status certificate and I will flag anything that matters before your conditional period runs out.

Get my status certificate reviewed

Watch this building

Know the moment a unit at Heathside Place lists or sells.

Portals tell you a listing exists. I tell you whether it is priced right for this building, which stack it is in, and what the last comparable unit actually went for.

  • New listings for sale or rent here
  • What units sold for, with my read on it
  • No account, no spam, stop with one reply

Building alerts

Takes about twenty seconds.

Eat, drink and shop nearby

Within about a 10-minute walk.

Sandwiches

Subway

0.2 km · ~3 min walk

Restaurant

Cafe Landwer

0.3 km · ~5 min walk

Pizza

Pizza Banfi

0.3 km · ~5 min walk

Sushi

Sushi Lovers

0.3 km · ~5 min walk

Sushi

T & T Sushi

0.3 km · ~5 min walk

Coffee

Second Cup

0.3 km · ~5 min walk

Places from OpenStreetMap. Check hours before you go.

Parks nearby

  • Sir Winston Churchill Park
  • Montclair Avenue Parkette
  • Nordheimer Ravine

Nearest grocery

Loblaws

0.3 km · ~5 min walk

Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.

Heathside Place is the building I show buyers who are leaving a Forest Hill house and refuse to move into a glass tower. It has 71 suites spread over two low towers on Walmer Road, none of them small, and it feels more like a private residence than a condo. You pay a Forest Hill price per foot for that, and the 1983 construction date is the thing to study closely. I’m Jatin Dua, RE/MAX Quantum Realty.

Quick answer

Heathside Place is a mid-rise condominium complex at 447 and 449 Walmer Road in Forest Hill South, Toronto. It was built by the Philmor Group and registered on 30 March 1983, and has 71 suites; condos.ca records it as 9 storeys while its own overview describes two 8-storey towers. The condominium corporation is MTCC-605 and the building is managed by FirstService Residential. Suites run from about 949 to 1,688 sq ft. Maintenance fees include common elements, building insurance, parking and water.

Heathside Place at a glance

Address
447 Walmer Rd
Storeys
9
Suites
71
Built
1983
Developer
Philmor Group
Corp #
MTCC-605

Two low towers, 71 suites, no small units

Heathside Place is a pair of towers, 447 and 449 Walmer Road, sharing one condominium corporation. Between them there are only 71 suites. On a street lined with large houses, that scale matters: it reads as part of the neighbourhood rather than an intrusion into it.

There is one discrepancy I want you to know about. Condos.ca records the building at 9 storeys, while its own overview text describes two 8-storey towers. The difference is probably a mezzanine or penthouse level being counted, and one recent listing described a suite as the only unit on its mezzanine floor. It does not change much, but it tells you the floor numbering here is not standard.

The smallest suite on record is about 949 sq ft and the largest about 1,688 sq ft. There are no 450 sq ft investor units here. That is why the building has a stable, owner-occupied feel, and it is also why it rarely has more than a handful of suites on the market at once.

Layouts built for people leaving a house

Heathside was planned in the early 1980s for downsizers, and the floor plans show it. The suites I have seen marketed are two-bedroom, two-bathroom plans with separate living and dining space, a kitchen with a breakfast bar and a primary bedroom with a walk-in closet and ensuite.

Corner suites get floor-to-ceiling glass on two sides, and some lower suites have private patios with a Juliet balcony rather than a full balcony. If outdoor space matters to you, confirm what each suite actually has, because it varies a lot across the two towers.

Parking is generous by Toronto standards. A recent listing came with two underground spaces and an oversized locker set behind one of them. Do not assume every suite has two spaces: check the parking and locker schedule in the status certificate, because in a building this age some spaces are owned units and some are exclusive-use common elements.

Thinking about buying or selling here?

I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.

Call or text 833-330-1925 Send me a message

Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.

Concierge, a rooftop terrace and an amenity list to verify

Day to day, the feature people notice is the 24-hour concierge and security. In a 71-suite building, the front desk knows who you are, and that is a large part of why buyers from nearby houses are comfortable here.

Listing descriptions mention a gym, a sauna and steam room, a party room, visitor parking and a rooftop terrace with views across the city and over Sir Winston Churchill Park. Condos.ca also lists an indoor pool. The recent listing I read did not mention a pool, so ask management to confirm what is still operating before you count on it.

Condos.ca lists the building as pet-friendly. I would still read the declaration and rules for any size or number limits before you make an offer if you have a large dog.

Living on Walmer Road

Walmer Road at this point is a quiet residential street in Forest Hill South, between the St. Clair West strip and the ravine land around Sir Winston Churchill Park. You get the cafés, grocery and restaurants of St. Clair West on foot without living on a main road.

This is not a neighbourhood that changes quickly, and that is the point. The bigger change is south and east, where the Bathurst and St. Clair corridors have been adding new mid-rise buildings. The transit, schools and parks around the building are listed in the data panel on this page.

One practical point: most buyers here are coming from a house with a garage and a basement. Before you sell, measure what you actually need to store, then compare it with the locker and parking for the suite. In my experience, storage is where downsizers feel the move most, more than square footage.

I would also visit at different times of day. A quiet street in the afternoon can feel different at school pick-up time or on a weekend evening, and you want to know that before you commit to a building where you may stay for 15 years.

What a Forest Hill address costs per foot

Heathside’s average sits around $1,101 per square foot, according to condos.ca. That is a high figure for a 1983 building, and it is not about finishes. You are paying for the address, the low suite count and the size of the suites.

There were no suites listed for sale when I checked, which is normal here. With 71 suites and long ownership, you may wait months for the right plan. If you are serious, tell me which tower and exposure you want and I will watch for it, rather than waiting for a public listing.

On fees, the inclusions are common elements, building insurance, parking and water. Heat and hydro are not listed as included, so ask for the suite’s utility history as well as the monthly fee. A large suite with its own heating bill costs noticeably more to run in winter than the fee alone suggests.

If you want a sense of how comparable buildings have actually traded, the building sold report gives aggregate figures without naming individual sales.

Building specifications

Building nameHeathside Place of Forest Hill
Address447 and 449 Walmer Rd, Toronto M5P 2X9
DeveloperPhilmor Group
Storeys9 per condos.ca; described as two 8-storey towers in its overview
Total suites71
Condo corporationMTCC-605
Registered30 March 1983
Property managementFirstService Residential
Suite sizesApproximately 949 to 1,688 sq ft
Fees includeCommon elements, building insurance, parking and water

Amenities at Heathside Place

24-hour conciergeSecurity systemGymSaunaSteam roomParty roomRooftop terraceIndoor pool (listed by condos.ca; confirm)Underground parkingVisitor parkingStorage lockers

This is a quiet-building amenity package: concierge, a small gym and sauna, and a rooftop terrace you will actually use in summer. If the pool listed by condos.ca is still running, it is a bonus, but confirm it rather than pay for it in your offer.

Jatin’s honest take on Heathside Place

Who this building suits

Downsizers from Forest Hill, Deer Park and the Annex who want a large suite, concierge and parking, and who do not want to leave the neighbourhood. It also suits professionals who want quiet and are happy to pay for it. It does not suit investors looking for a small, rentable unit; there are none.

What I’d want you to check

This building is over 40 years old, so read the reserve fund study with real care. Ask about windows, balcony and patio membranes, the garage, the elevators and the heating and cooling equipment, and whether any of it has been replaced. Ask whether a special assessment has been discussed in recent board minutes. Confirm the amenity list, the parking and locker ownership for the suite you want, and which floors are mezzanine levels.

The value question

At around $1,100 per square foot, Heathside is not cheap for its age. You are paying for scale, privacy and the street, and those do not depreciate the way finishes do. Against a new Forest Hill or Yonge and St. Clair building asking more per foot for smaller suites with parking extra, I think a well-kept suite here is a fair buy for an owner who plans to stay, provided the reserve fund is healthy.

Free building report: Heathside Place

Send me your email and I’ll put together a current report on Heathside Place — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.

  • Every sale in the building over the last 12 months
  • Current active listings and asking prices
  • Maintenance fee breakdown and what’s included
  • My read on which exposures and floors hold value

Tell me what you are planning

Three quick answers so I come back with something useful, usually the same day.

Your details go to me only, never sold or shared. Prefer a set time? Book a 15-minute call.

Thinking about buying or selling here?

I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.

Call or text 833-330-1925 Send me a message

Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.

Heathside Place — frequently asked questions

How many suites does Heathside Place have?

Heathside Place has 71 suites across two towers at 447 and 449 Walmer Road. It is one condominium corporation, MTCC-605.

How tall is Heathside Place?

Condos.ca records it as 9 storeys, while its overview describes two 8-storey towers. The difference likely comes from a mezzanine or penthouse level being counted.

When was Heathside Place built?

It was registered on 30 March 1983, which makes it one of the more established condominiums in Forest Hill South.

Who built Heathside Place?

Condos.ca names the Philmor Group as the developer and builder.

What do the maintenance fees include?

Fees include common elements, building insurance, parking and water. Heat and hydro are not listed as included, so check the suite’s utility costs.

How big are the suites?

Suites run from about 949 to 1,688 sq ft, and the plans are mostly two-bedroom layouts aimed at downsizers.

Does Heathside Place have parking and lockers?

Yes. There is an underground garage, visitor parking and storage lockers, and some suites have come with two spaces. Confirm the exact parking and locker for any suite in the status certificate.

What amenities are there?

Listings mention 24-hour concierge, a gym, sauna and steam room, a party room and a rooftop terrace. Condos.ca also lists an indoor pool, which is worth confirming with management.

Who manages the building?

FirstService Residential, according to condos.ca and recent listings.

Are pets allowed?

Condos.ca lists the building as pet-friendly. Read the declaration and rules for any limits before you buy.

Do mostly owners or renters live at Heathside Place?

Mostly owners. Of the deals here in the last 24 months, 0% were leases and 100% were sales.

Can you Airbnb a unit at Heathside Place?

Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.

Has Heathside Place had elevator outages?

None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.

What schools is Heathside Place zoned for?

For TDSB public schools, the address is zoned for Forest Hill Junior and Senior Public School (Elementary, JK–8), Forest Hill Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.

What is the closest subway or GO station to Heathside Place?

The nearest subway is St Clair West station (Line 1 Yonge–University), 0.3 km away; the nearest GO station is Bloor GO on the Kitchener line, 4.4 km; the 512 St Clair streetcar stops 0.2 km away; the closest bus is the Forest Hill (TTC bus). Distances are straight-line from the building.

What is the Walk Score of Heathside Place?

Walk Score 94, Transit Score 85 and Bike Score 81. Most daily errands can be done on foot.

What restaurants and shops are near Heathside Place?

Within about a 10-minute walk: Subway (Sandwiches), Cafe Landwer (Restaurant), Pizza Banfi (Pizza), Sushi Lovers (Sushi), T & T Sushi (Sushi). The closest grocery store is Loblaws, 0.3 km away.

Which parks are near Heathside Place?

Sir Winston Churchill Park, Montclair Avenue Parkette, Nordheimer Ravine are the closest green spaces.

What is my unit at Heathside Place worth?

Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.

How do I find out when a unit at Heathside Place lists or sells?

Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.

Still have a question about Heathside Place?Ask me directly: a 15-minute call, no pressure.
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Reading recent condo sales…

Estimated market value

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Most likely $0 · about $0 per square foot

What moved the number

Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.

Market context

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Average condo sale, your area
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Days on market

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Two units, same floor plan,
$90,000 apart.

That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.

How this works — your estimate comes from a model built on recent Toronto & GTA condo sale data, weighting area, size, layout, floor, exposure, view, parking, locker, age and condition. It is an automated estimate for information only — not an appraisal and not a Comparative Market Analysis. Condo values also depend on the building’s reserve fund, maintenance fees, recent special assessments and status certificate, none of which a model can read. Ask me for a written CMA before you make a decision.

About the author — Jatin Dua, Toronto condo broker

I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including Yonge & Eglinton, Davisville and North Toronto. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.

If you’re buying or selling at Heathside Place, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.

More Yonge & Eglinton, Davisville and North Toronto building guides: 10 Tichester Condos · 101 Erskine · 1414 Bayview · 150 Redpath Condos · 155 Redpath Condos · 16 Relmar Road Townhouses

More resources: GTA condo directory · Building sold report · Book a call

Figures on this page were compiled from publicly available sources including condos.ca, strata.ca, City of Toronto open data and developer materials as at October 2026, and are provided for general information only. Sources frequently disagree on unit counts, storeys, square footage and maintenance-fee inclusions, and pricing changes constantly — where sources conflicted I’ve said so rather than picking one. Nothing here is an appraisal, a valuation, or a substitute for a status certificate reviewed by your lawyer. Verify all figures independently before making a decision. Jatin Dua, Broker of Record, RE/MAX Quantum Realty. Not intended to solicit buyers or sellers currently under contract. E. & O.E.

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© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.

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