$2,495,000 - 308 Oriole Parkway, Forest Hill
Detached for Sale in Forest Hill
New — Listed 2 days ago- MLS Number
- C13430450
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- ROYAL LEPAGE/J & D DIVISION
THE INTERIOR OF THE HOUSE HAS BEEN TAKEN BACK TO THE STUDS FOR EASE OF RENOVATION. A classic two storey residence with a rare opportunity to design and customize your dream home with ease. Ideally situated on the west side of Oriole Parkway, this impressive property sits on a generous 51 x 134-foot lot in Chaplin Estates. The home offers outstanding proportions, a flexible floor plan, large principal rooms, and an abundance of natural light throughout. The grand front to back living room features a wood burning fireplace, and walkout to a deck overlooking the private west facing garden. The large kitchen has direct access to the deck and garden, main floor den and a powder room completes the main level. The second floor features four well sized bedrooms and roughed in plumbing for two separate bathrooms, providing excellent flexibility for a modern redesign. The lower level offers additional potential with recreation room space and above grade windows. A long private driveway leads to a double detached garage. One of Toronto's most coveted neighbourhoods, Chaplin Estates is renowned for its family friendly atmosphere, and exceptional walkability. The distinctive tree lined boulevard of Oriole Parkway creates a picturesque canopy of mature trees, while nearby parks, top-rated schools, transit, and vibrant shopping and dining options make this a highly coveted location offering a small-town vibe in the heart of the city, this location provides the perfect blend of convenience and community. This home is truly a rare find on an exceptional lot. This is ready to be reimagined for the next owners to personalize the space to suit their lifestyle and create their own special memories.
Estimate your monthly payments for this property
Estimated Payment
$11,036.23/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.
308 Oriole Parkway, 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 $1663/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Forest Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Bathroom Count Matters
With 3 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 $10,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.