Forêt Forest Hill

About Forêt Forest Hill

Forêt Forest Hill is a new pre-construction condominium planned for 490 St Clair Ave W in Forest Hill, Toronto. Developed by Canderel, the project is planned to include 36 storeys and approximately 1,300 residences with estimated occupancy currently targeted for 2029. The development is distinguished by a large scale of approximately 1300 residences. Residents will be positioned near Forest Hill Village along Spadina Road and the Beltline Trail and Cedarvale Ravine.

Forêt Forest Hill is distinguished from typical pre-construction projects in the area by a large scale of approximately 1300 residences. The current construction stage is described as "broke ground june 2026," which affects the timing of deposits, interim occupancy and final closing. Canderel is known for Aura at College Park (Canada's tallest residential tower on completion), YSL Residences and multiple Montreal and Toronto office buildings, and Forêt Forest Hill extends that focus. Buyers researching the project should review the developer's official brochure and floor plan set for the current confirmed specifications, as details are subject to change as construction progresses.

Living in Forest Hill

Forêt Forest Hill sits at 490 St Clair Ave W, within Forest Hill Village and the St. Clair West corridor. This part of Forest Hill is an established affluent central Toronto neighbourhood defined by tree-lined streets, boutique retail on Spadina Road, and proximity to Casa Loma and the ravine system.

Rapid transit is provided by St. Clair West Station on Line 1 (Yonge-University), at Bathurst and St. Clair with 512 St. Clair streetcar connections, and St. Clair Station on Line 1, to the east on Yonge. Surface transit includes the 512 St. Clair streetcar running east and west across the top of the neighbourhood, multiple Bathurst and Eglinton bus routes. The Line 5 Eglinton Crosstown LRT will add rapid east-west service one block north of the neighbourhood along Eglinton.

Nearby destinations include Forest Hill Village along Spadina Road, a compact retail strip; the Beltline Trail and Cedarvale Ravine, a linear ravine and rail-trail park; Upper Canada College and Bishop Strachan School, two of Toronto's prominent private schools; Casa Loma, a short walk south. Downtown employment is a 15 minute Line 1 ride, and the Yonge and St. Clair office cluster is a short streetcar ride east. Forest Hill serves an established affluent market of families in surrounding houses, downsizers, and long-term Toronto residents.

Buyer and Investment Considerations

Forêt Forest Hill may appeal to end-users and investors focused on Forest Hill. The location draws on downtown Financial District via Line 1, midtown employment at Yonge and St. Clair and Yonge and Eglinton, and hospital and academic employment along University Avenue. Rental demand is limited relative to downtown but well-located buildings often retain long-term tenants.

With estimated occupancy currently targeted for 2029, purchasers may have several years between the initial deposit and closing. The date remains an estimate and can change based on construction, permitting and market conditions. Buyers should review proposed maintenance fees, deposit schedule, parking and locker pricing and any assignment restrictions before committing.

From an investment perspective, buyers should compare Forêt Forest Hill's final pricing, price per square foot, suite efficiency and monthly carrying costs with existing resale condominiums in Forest Hill and with competing pre-construction projects expected to reach completion in the same window. New supply is limited within Forest Hill itself, though several projects are advancing along St. Clair West and Eglinton West on the neighbourhood's edges. Future value and rental performance will depend on the final purchase price, carrying costs, unit layout and the amount of competing supply delivered before occupancy.

About Canderel

Canderel is a Montreal, with a Toronto office real estate developer founded in 1975 focused on commercial, office and residential development across Canada. The company is known for Aura at College Park (Canada's tallest residential tower on completion), YSL Residences and multiple Montreal and Toronto office buildings. Canderel is one of Canada's largest privately owned real estate development companies. For buyers evaluating Forêt Forest Hill, the company has repeated experience delivering large-scale mixed-use towers in downtown Toronto.

Forêt Forest Hill Pricing and Floor Plans

Pricing and available floor plans for Forêt Forest Hill are subject to change as suites are reserved or released. Contact CondoWizard for the current price list, floor plans, deposit structure and any purchaser incentives available at the time of your enquiry.