$5,660,000 - 11 Dewbourne Avenue, Forest Hill
Detached for Sale in Forest Hill
64 days on market- MLS Number
- C13000962
- Property Type
- Detached
- Status
- active
- Days on Site
- 64
- Bedrooms
- 5
- Bathrooms
- 8
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Forest Hill / Deer Park
- Lot Size
- 7,233 sqft
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
**Captivating residence/exquisite estate--Classic Elegance--This magical home has been meticulously cared for, remodeled/upgraded, and maintained by its owners--Classic/charm centre hall design offers spaces of refined and elegant comfort--5,511 sq.ft (3 storey) + 1,007 sq.ft (basement)---total 6,518 sq.ft of luxurious--where every impeccable detail has been carefully crafted and preserved. The grand principal rooms are designed for both elegance and comfort, a formal dining room and a living room with marble mantle fireplace. The functional gourmet kitchen is equipped with built-in appliances (Sub-Zero/Wolf brand), custom cabinetry & granite countertops. The adjoining family/sun room features a HEATED LIMESTONE floor and 16 ft high glass ceilings, allowing natural sunlight and French doors walkout to south exposure private garden. Upstairs, the hand-carved antique pine paneled library elaborates a story of this home, perfect for versatile use such as 2nd family room and adjoining a mahogany paneled office for a private space. The primary bedroom offers a dressing room, 6 pcs ensuite. The family gym on 2nd floor offers a 18 ft high ceiling with skylights for convenience and comfort. On 3rd floor, the additional all 3 bedrooms provide their own private ensuites, closets, and feature a 3rd furnace and 2nd laundry area. The lower level offers an entertainment room, music and studio room, wine cellar with climate control. Outside, the landscaped lush garden features cheerful trees for privacy and relaxation, and a heated driveway for 5 vehicles, and 2 cars in garage. Surrounded by top ranking private and public schools-UCC/BSS/Havergal College/Forest Hill Junior & Senior PS & Forest Hill CI. A short walk brings you to Forest Hill Village with shops, restaurants & cafes, minutes to sunway station, hwys & more!
Estimate your monthly payments for this property
Estimated Payment
$25,036.09/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Forest Hill / Deer Park
Forest Hill / Deer Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Forest Hill / Deer Park
- •Convenient location in Forest Hill / Deer Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Forest Hill / Deer Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
11 Dewbourne Avenue, Forest Hill / Deer Park
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1132/sqft, this property is priced in line with current Forest Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 64 days on site, this property has exceeded the typical selling timeline for Forest Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Forest Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Forest Hill.
Bathroom Count Matters
With 8 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.