$1,449,000 - 279 Lauder Avenue, Forest Hill
Multi-Family for Sale in Forest Hill
42 days on market- MLS Number
- C13060418
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 42
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY BESPOKE REALTY
An excellent opportunity to acquire a well-performing multi-residential property in Toronto's evolving and highly desirable Oakwood Village neighbourhood. 279 Lauder Ave offers investors a stable, income-generating asset in a community experiencing strong rental demand and ongoing revitalization. This very well-managed property has been meticulously maintained by an experienced owner, reflecting pride of ownership and operational efficiency. Recent upgrades include all windows and blinds, exterior doors, driveway and parking areas, composite back deck, refreshed front deck, front stairs and railings, bathrooms, electrical panels, tankless water heater, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.65%**, with minimal need for repositioning.Tenants benefit from efficient floorplans and excellent transit access, with the St. Clair streetcar just an 8-minute walk away, connecting seamlessly across the city. The property is also steps from the lively St. Clair West corridor, known for its diverse mix of cafés, restaurants, and local shops, enhancing everyday convenience and lifestyle appeal.This well-managed asset reflects pride of ownership and long-term care, making it an ideal turnkey addition to any investment portfolio. With strong fundamentals, desirable location, and steady income, 279 Lauder Ave is positioned for continued tenant demand and future growth.
Estimate your monthly payments for this property
Estimated Payment
$6,409.42/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.
279 Lauder 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 $966/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 42 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.
Excellent Flexibility
With 6 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 4 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 $6,038 (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.