$2,650,000 - 473 Spadina Road, Forest Hill
Semi-Detached for Sale in Forest Hill
35 days on market- MLS Number
- C13092374
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Lower Forest Hill Village! Situated on a deep 25 x 219 ft. lot, this well-proportioned 2-storey semi-detached residence offers exceptional space and flexibility across approximately 4,000+ sq.ft. of total living area. With approx. 3094 sq.ft. throughout the main and second levels, plus a finished lower level of approx. 980 sq.ft., the home is ideally suited for comfortable family living and entertaining.A welcoming foyer leads to expansive principal rooms filled with natural light. The living room features an impressive double-height ceiling, hardwood floors, a gas fireplace, and a walk-out to a private deck with a direct gas line, creating a seamless indoor-outdoor connection. The formal dining room overlooks the living space, while the kitchen is thoughtfully designed with ample cabinetry and a built-in desk. A separate den overlooking the front garden provides an ideal eat-in area. The double-height solarium elevates the main level and provides potential for an elevator installation.Upstairs, three generously sized bedrooms are complemented by an additional open concept office area with built-in shelving and two desks. The spacious primary suite includes a wood-burning fireplace, walk-in closet and a 5-piece ensuite, while the secondary bedrooms offer excellent space and a 4-piece bath. A large attic provides exciting potential for future third-floor living space.The finished lower level adds further versatility with a large recreation room, 3-piece bath, laundry area, storage, and direct access to the built-in double garage. A private drive accommodates additional parking, while the deep lot provides outdoor potential.Ideally located just north of Lonsdale Road, steps to Upper Canada College, Bishop Strachan School, Forest Hill Jr. & Sr. School, parks, and the shops and amenities of Forest Hill Village. This is a solid, well-maintained home offering space, functionality, and opportunity in a highly sought-after neighbourhood.
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Estimated Payment
$11,721.84/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.
473 Spadina Road, 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
Fair Market Value
At $883/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 35 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.
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.