$1,800,000 - 44 Castlefield Avenue, Forest Hill
Detached for Sale in Forest Hill
New — Listed 2 days ago- MLS Number
- C13428924
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Welcome to 44 Castlefield Avenue - the very space that helped inspire one of Canada's very best authors to shape contemporary Canadian literature. Whether you are an artist seeking your next muse, an academic looking for a peaceful retreat, or a discerning buyer who appreciates a home rich in interior and architectural design, this property is a rare find. This 3+1 bedroom custom-built home (1995) inspires from the moment you open the door, where you are greeted by soaring 3-storey high ceilings topped with a grand skylight. The Living and Dining rooms are flooded with light from floor-to-ceiling windows - the perfect place to enjoy a cozy evening by the fireplace or host a group of friends. The Kitchen is an amazing place for anyone who loves to cook - tons of counter space & cupboards, a built-in cook top, a wall oven and a center island. The primary bedroom is truly an oasis, with a large sitting room that is perfect for unwinding after a long day, a massive walk-in closet, & a 4-piece ensuite with a dressing table and large soaker tub. On the second floor, you will find two large bedrooms. One features a large double closet as well as a second large closet, large windows and hardwood flooring. The other, overlooking the backyard, features a large double closet, hardwood flooring and a walk-through to 4-piece bath. Conveniently, the laundry room is also located on the second floor! The basement is truly a special place. More soaring ceilings, a separate rear entrance, a 4th bedroom with another huge closet (currently used as an office), a 3-piece bath and a large recreation room that is an ideal space for enjoying an evening watching TV with the family. (Could easily be converted to an apartment). The private and fully fenced-in backyard garden features a charming deck and patio - walk out to it from either the basement or the main floor and enjoy a quiet summer evening or BBQ for a crowd! All this and just steps to everything the area has to offer!
Estimate your monthly payments for this property
Estimated Payment
$7,962.01/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.
44 Castlefield 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 $900/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.
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 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 $7,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.