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Corner condo in Forest Hill sells at full price in nine days

Corner condo in Forest Hill sells at full price in nine days

A corner condo unit in Toronto’s upscale Forest Hill neighbourhood has just sold at full asking price after only nine days on the market, defying current market trends. The spacious two-bedroom unit, located in a low-rise boutique building near Eglinton Avenue West, attracted strong interest thanks to its prime location, updated interior, and rare corner layout offering extra light and privacy. The condo was listed for $1.295 million and closed without any price cuts, a scenario that has become less common in a cooler real estate market.

The sale has caught the attention of local real estate watchers who say the quick deal signals continued demand for high-quality homes in desirable neighbourhoods. Forest Hill, known for its quiet streets, top-tier schools, and proximity to downtown, has long been a magnet for buyers with deep pockets. While much of Toronto’s housing market has cooled due to higher interest rates, agents say properties that check all the boxes are still moving quickly, especially if priced accurately.

According to the listing agent, the sellers had done their homework and prepared the unit well for showings. The condo featured hardwood floors, large windows, a modern kitchen, and two balconies with tree-lined views. The building also has a solid reputation for maintenance and management, adding to its appeal. With limited supply and growing buyer interest in turnkey properties, the unit drew multiple private showings almost immediately.

The buyer, a downsizer moving from a larger home in the same area, was reportedly drawn to the natural light and quiet setting. The building’s smaller size and strong sense of community also played a role in the decision. The buyer acted quickly, making a firm offer just over a week after the condo was listed. No bidding war was involved, but the full-price offer came with no conditions, which sealed the deal for the sellers.

Real estate experts say this kind of result is becoming less common as buyers grow more cautious. In August, the average time on market for Toronto condos was over 20 days, and many listings saw price reductions before selling. That makes this nine-day, full-price sale a standout. It also highlights the importance of pricing strategy and presentation in today’s slower-moving market.

While the overall market is expected to stay balanced through the fall, Forest Hill and similar high-demand pockets may continue to outperform. For now, this sale serves as a reminder that even in a tough market, the right property in the right place can still fetch top dollar quickly.