$1,888,000 - 249 Lauder Avenue, Forest Hill
Detached for Sale in Forest Hill
Popular Listing- MLS Number
- C13226870
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 7
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Modern multi-functional living, redefined. This newly built masterpiece offers three exceptional living spaces in one address. Featuring a 4-bedroom main residence, a legal 2-bedroom above-grade basement suite and 1-bedroom garden suite. Soaring ceilings, oversized windows, and skylight ensure your home is always an uplifting atmosphere. The main residence is an open concept design with bright living space. Kitchen walks out to the backyard making it perfect for hosting guests and family. Upstairs you'll enjoy your 2 private en-suites, featuring LED mirrors, smart toilets, and a spa-like rain shower that elevates everyday living. Plus, large custom wardrobes in your bedroom for extra storage and fashion lovers. The legal two-bedroom, one-bath basement suite with its own separate entrance offers seamless versatility for extended family, a dedicated workspace, or a reliable rental stream. Plus, the newly built one-bedroom garden suite, complete with one-and-a-half baths, further enhances the property's adaptability and is ideal for multi-generational living. Set on a 24 x 120 ft lot with ample driveway parking, and steps from cafés, shops, parks, transit, and community conveniences, this home blends luxury and practicality with effortless ease, modern living that adapts with your family today, and goals for tomorrow. Welcome home.
Estimate your monthly payments for this property
Estimated Payment
$8,351.26/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.
249 Lauder 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 $944/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.
Excellent Flexibility
With 7 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 5 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.
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 $7,867 (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.