$3,499,000 - 151 Dewbourne Avenue, Forest Hill
Detached for Sale in Forest Hill
80 days on market- MLS Number
- C12918614
- Property Type
- Detached
- Status
- active
- Days on Site
- 80
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- HOUSESIGMA INC.
An exceptional opportunity in one of Toronto's most sought-after neighborhoods. This stunning three-story residence sets a new standard for modern luxury, Offering over 4,600 sq ft of thoughtfully designed living space. The home features a private elevator, custom millwork, and exquisite stone finishes throughout. The main level is crafted for seamless entertaining, with 10-foot ceilings, expansive windows, and an open-concept living and dining area that flows into a showpiece chef's kitchen. Premium JENNAIR appliances, a striking Centre island, and a retractable porcelain breakfast table anchor the space, while the family room-complete with fireplace, built-ins, and walk-out-opens to a private landscaped yard. The second floor offers three spacious bedrooms, each with its own ensuite, along with a sleek glass-enclosed office and convenient laundry. The entire third level is dedicated to a luxurious primary retreat, featuring a spa-inspired ensuite with heated floors, freestanding tub, dual rain shower, and smart toilet. A generous walk-in closet, sitting area with minibar, and private balcony complete this serene escape. The lower level adds incredible flexibility with a second kitchen, recreation room with integrated speakers, guest or nanny suite, gym, media room, and walk-out access. Additional highlights include in-floor heating, a roughed-in snow-melt system, and full Control4 smart home automation. Steps to top schools, parks, and premier amenities-this is elevated living at its finest.
Estimate your monthly payments for this property
Estimated Payment
$15,477.26/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.
151 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
Premium Pricing
At $1166/sqft, this property is priced above the Forest Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 80 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 3,000 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 6 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.