$849,000 - 344 Winona Drive, Forest Hill
Semi-Detached for Sale in Forest Hill
- MLS Number
- C13156722
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- ROYAL LEPAGE SUPREME REALTY
Situated on a rare corner lot on a quiet cul-de-sac, this home is filled with opportunity, and future potential. With a exceptional outdoor space, garage, and exciting garden suite potential (garden suite report available), this is the kind of property that rarely becomes available in this coveted neighbourhood. Whether you're a 1st time buyer or a renovator looking for your next project, this home offers the perfect canvas to create something special. Enjoy summer entertaining, gardening, play space, and future expansion possibilities. Inside, the sun-filled open-concept main floor offers a bright and airy feel, featuring 3 bedrooms, 2 bathrooms, a high-ceiling basement with a separate entrance, and a functional layout ready for your personal vision. An enclosed sunroom/mudroom adds everyday practicality with space for strollers, bikes, and daily gear, while also offering a cozy retreat to relax and enjoy your morning coffee. Practical upgrades include updated electrical, metal roof, furnace, central air conditioning and a backwater valve. Just a short stroll to St. Clair West cafés, restaurants, and shops, Wychwood Barns farmers market, Cedarvale ravine, and Leo Baeck Day School, with quick access to the TTC, subway, Allen Road, and the 401 - making commuting and weekend exploring a breeze. A wonderful opportunity to put down roots in a welcoming, community-focused neighbourhood where everything is right at your fingertips!
Estimate your monthly payments for this property
Estimated Payment
$4,355.81/mo
Includes CMHC insurance ($23,687)
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.
344 Winona Drive, 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
Competitive Pricing
At $772/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 24 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,538 (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.