$624,900 - 186 Cedric Avenue, Forest Hill
Detached for Sale in Forest Hill
- MLS Number
- C13149874
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- KELLER WILLIAMS ADVANTAGE REALTY
This is the one you have been waiting for! Modern, charming and fully detached! Large 1 bedroom, with potential to convert part of living-room into 2nd bedroom. Beautiful condo alternative home, with incredible potential, available for sale on a quiet mid-town residential street. Bright, spacious living area with hardwood flooring and a lovely bay window. Hallway with walk-in closets and ample storage. Kitchen adjacent to light-filled breakfast area with walk-out to deck and a large enclosed private back-yard with garden shed. Primary bedroom with hardwood flooring. Modern four-piece washroom with beautifully restored claw-foot tub and combination washer/dryer. Newer Appliances: Fridge (2022), Washer (2022), Stove (2021); Roof (2021), Refinished Floors (2021), Heat Pumps (2025). Ultra-convenient family-friendly location walking-distance from schools, transit stops & Cedarvale Park. Easy stroll to subway station, Eglinton LRT and the many shops, services and eateries of Eglinton West. Easy access to the Allen Expressway & 401. This wonderfully private condo alternative is ideal for down-sizers or first-time buyers, and is perfectly located in a convenient West-Toronto neighbourhood where the best of the city awaits!
Estimate your monthly payments for this property
Estimated Payment
$3,206.06/mo
Includes CMHC insurance ($17,435)
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.
186 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 $893/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.
Market Position
At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,604 (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.