Village Park condo building exterior
Mid-Rise Condo

Village Park

by Car-Allen Investments

240 Heath Street W, Toronto, ON M5P 3L5

Year Built

1980

Total Units

66

Avg $/sqft

$1,107

Storeys

17

Available Units in Village Park

2

Units for sale

From $1,349,900

Photo of Unit 201, 240 Heath Street W
For SaleSwimming Pool
Listed for:

Listed 27 days ago

$1,349,900

Unit 201, 240 Heath Street W

Toronto (Forest Hill South), ON M5P 3L5

2Bedrooms
2Bathrooms
2Parking
1.8K-2KSq Ft

Condo ApartmentFor Sale

Photo of Unit 1401, 240 Heath Street W
For SaleEV Charger
Listed for:

Listed 2 days ago

$2,235,000

Unit 1401, 240 Heath Street W

Toronto (Forest Hill South), ON M5P 3L5

2Bedrooms
2Bathrooms
1Parking
1.6K-1.8KSq Ft

Condo ApartmentFor Sale

0

Units for rent

Live MLS · Updated daily

Overview

Situated in Forest Hill South, the Village Park Condos have proudly overlooked the this prestigious neighbourhood since 1978. This development at 240 Heath Street West was constructed by Car-Allen Investments, and still compares favourably to newer builds throughout the city, courtesy of the building’s sophisticated design and posh location.

Standing at 17-storeys, the building's clean aesthetic radiates a confidence distinctive of high-modern design. Extending from an innovative octagonal base, the building's tower features long vertical series of wide windows that rise up from the ground seamlessly. As a result, even without any ornate adornments, the design of the tower projects a sense of grandeur.

Nonetheless, the design culminates with the elegant stone awning articulated boldly over the its entrance — a fitting way to welcome residents home to a building filled with luxury amenities. This includes concierge service, a fully equipped exercise room, an indoor pool, a sauna, a party room for entertaining friends and family, and an impressive rooftop terrace boasting a gorgeously groomed garden.

Developer

Car-Allen Investments

Year Built

1980

Property Type

Mid-Rise Condo

Storeys

17

Total Units

66

Management

ICC Property Management Toronto

Amenities

Underground Parking

Rec Room

Indoor Pool

Fitness Centre

Sauna

Visitor Parking

Party Room

24/7 Concierge

Price History

26 records
Loading history…

Market Stats

Prices in Village Park are up 21.4% compared to last year.

$1,107

Avg $/sqft

+21.4%

YoY change

36

Avg days on market

Location & Walkability

Walk Score

86/100

Daily errands on foot

Transit Score

86/100

TTC, GO, subway access

Bike Score

65/100

Bike lanes & infrastructure

Neighbourhood in Toronto

Forest Hill South

quiet family-friendly community-oriented

Forest Hill South is a quiet neighborhood in Toronto. It offers good amenities and a pleasant living environment.

Forest Hill South, Toronto — HOMEH neighbourhood guide

Toronto, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

0

For rent

0

Recently sold

Sign in to see sold data

Recently leased

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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Strong walkability with many nearby amenities
  • Good schools for families
  • Plenty of parks for outdoor activities
  • Diverse dining options

Keep in mind

  • No current homes for sale or rent
  • Prices may be above city median

The feel of the placeLifestyle

Daily life in Forest Hill South is relaxed and community-focused. Residents enjoy easy access to parks and schools.

Great for families young professionals first-time buyers

Within the boundaryWhat's nearby

The boundary

2.5 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

8

Parks

10

Playgrounds

6

Transit stations

1

Grocery stores

7

Restaurants

5

Cafés

3

Gyms

3

Pharmacies

Counted across all 2.5 km² of Forest Hill South. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

8.0/10

Average rating of the 2 rated schools in this area

5

Elementary

1

Secondary

  • Holy Rosary Catholic School

    Catholic · Grades JK–8 · Toronto CDSB

    8.7/108.6 over 5 yrs

    130th of 3,045 Ontario elementary schools

    270 students · EQAO 2024-2025

  • Forest Hill Junior and Senior Public School

    Public · Grades JK–8 · Toronto DSB

    7.3/108.6 over 5 yrs

    687th of 3,045 Ontario elementary schools

    660 students · EQAO 2024-2025

  • Bishop Strachan School, the

    Independent

    Not rated

  • Forest Hill Tutoring

    Independent

    Not rated

  • St Michael's College School

    Independent

    Not rated

  • Upper Canada College

    Independent

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Forest Hill South, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

11,059

Population (2021)

2.5 km²

Area

4,499

People per km²

46.7

Median age

$187,652

Median income

49%

Own their home

2.3

People per household

5,070

Households

Every age

  • Children (under 15)11.9%
  • Working age (15–64)62.4%
  • Seniors (65+)25.7%

What is built here

  • Detached houses32.7%
  • Semi-detached1.3%
  • Townhouses0.9%
  • Duplexes1.6%
  • Low-rise apartments19.5%
  • High-rise apartments44.3%

Own or rent

49%Owners

51%Renters

Across 5,070 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier45%
  • 1961–198023%
  • 1981–199010%
  • 1991–20005%
  • 2001–20051%
  • 2006–20103%
  • 2011–20159%
  • 2016–20212%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

27.8%
Born outside Canada
61.9%
Hold a degree or higher
58.7%
Employment rate
20.9%
Commute by transit
59.1%
Commute by car
1.7
Children per family
$139,936
Median income after tax
$337,056
Average household income
9.8%
Living on a low income
$1,758/mo
Renters pay, per month
$2,538/mo
Owners pay, per month
$3,034,070
Median home value at census
40.2%
Renters spending 30%+ of income on housing
19.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 21 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)