46 Gloucester Grove, Toronto C03

Price: $2,095,000

6 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: C13124274

Welcome to 46 Gloucester Grove- This Thoughtfully Renovated (2021) And Meticulously Maintained Oversized Bungalow Boasts 3+2 Bedrooms and 3 Bathrooms PLUS A Garden Suite Out Back. Features Include: Gorgeous Living Area With Hardwood Floors, Beautiful Built-In Storage And Vaulted Ceilings; 3 Bedrooms and 2 Bathrooms On The Main Level; Lower Level With Concrete Heated Floors, A Craft Room, 2 Bedrooms, And A Large Family/Recreation Room; The Backyard Is The Ultimate Space To Unwind Or Entertain, Perfect For Outdoor Living And Dining. The Separate Garden Suite Has A Kitchen, 3 Pc Bath And Loft Bedroom And It Provides Incredible Flexibility For A Work Space, Gym, Or Studio. Parking In Private Drive For 1 Car. Electric Charger Included. In District For Cedarvale School, FHCI, Steps To TTC, The New Eglinton LRT, Cedarvale Ravine, Beltline, Eglinton West Shops And Restaurants.

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$2,095,000 - 46 Gloucester Grove, Forest Hill

Detached for Sale in Forest Hill

Popular Listing
6Beds
4Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
C13124274
Property Type
Detached
Status
active
Days on Site
12
Bedrooms
6
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Forest Hill / Deer Park
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to 46 Gloucester Grove- This Thoughtfully Renovated (2021) And Meticulously Maintained Oversized Bungalow Boasts 3+2 Bedrooms and 3 Bathrooms PLUS A Garden Suite Out Back. Features Include: Gorgeous Living Area With Hardwood Floors, Beautiful Built-In Storage And Vaulted Ceilings; 3 Bedrooms and 2 Bathrooms On The Main Level; Lower Level With Concrete Heated Floors, A Craft Room, 2 Bedrooms, And A Large Family/Recreation Room; The Backyard Is The Ultimate Space To Unwind Or Entertain, Perfect For Outdoor Living And Dining. The Separate Garden Suite Has A Kitchen, 3 Pc Bath And Loft Bedroom And It Provides Incredible Flexibility For A Work Space, Gym, Or Studio. Parking In Private Drive For 1 Car. Electric Charger Included. In District For Cedarvale School, FHCI, Steps To TTC, The New Eglinton LRT, Cedarvale Ravine, Beltline, Eglinton West Shops And Restaurants.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,266.89/mo

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5-yr fixed avg.

Principal: $1,676,000Interest: $1,104,067
Mortgage Amount$1,676,000
Total Interest$1,104,067
Est. Property Tax$1,484/mo
Total Cost$2,780,067

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.

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Neighbourhood Guide: Forest Hill / Deer Park

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

46 Gloucester Grove, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$1,484
Insurance (est.)-$436
Net Cash Flow+$2,080

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1905/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.

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 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 $8,729 (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.

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