$1,249,999 - 163 Cedric Avenue, Forest Hill
Detached for Sale in Forest Hill
Popular Listing- MLS Number
- C13218392
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- ZOLO REALTY
Welcome to this beautifully renovated detached 2-storey home in one of Toronto's most vibrant and family-friendly neighborhoods. Updated from top to bottom, this move-in ready gem is perfect for first-time buyers, young families, or condo owners ready for more space, privacy, and a backyard to truly enjoy. The bright open-concept main floor offers a warm and functional layout ideal for everyday living and entertaining. Featuring brand-new flooring, modern pot lights, quartz countertops, and a large kitchen island. Upstairs offers comfortable family living, while the finished basement with a separate entrance provides potential for in-law suite or rental income. Complete with a bedroom, spacious living area, office space, modern 3-piece bathroom, and functional kitchen. Step outside to your private backyard oasis featuring a large wooden deck, gazebo, mature greenery, and a versatile shed - perfect for summer gatherings, kids, or simply relaxing after a long day. Located just steps to St. Clair West, Corso Italia, Roseneath Park, Hillcrest Park, Humewood Park, local cafés, restaurants, shops, and the St. Clair streetcar, this home offers the perfect balance of neighborhood charm and city convenience. A turnkey opportunity in a highly sought-after community - just move in and enjoy.
Estimate your monthly payments for this property
Estimated Payment
$5,529.17/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.
163 Cedric Avenue, Forest Hill / Deer Park
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Rental income estimator & ROI calculator
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 $1136/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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Forest Hill. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Forest Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.