$839,000 - 527 Westmount Avenue, Forest Hill
Detached for Sale in Forest Hill
Popular Listing- MLS Number
- C13089528
- Property Type
- Detached
- Status
- active
- Days on Site
- 10
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- Century 21 Signature Service
Location-Location-Location! A rare opportunity to own a well cared for and move-in-ready home with the ability to offset the mortgage or have a turnkey investment. Perched proudly above the rest on an elevated stretch of this charming street, sits this quiet and seemingly secluded, yet incredibly connected home. Step into an expansive open-concept living & dining area with large picture window filling the space with natural light highlighting the beautiful hardwood floors. This generous space offers an easy path to a third bedroom if desired, while the two existing bedrooms offer hardwood beneath the broadloom. The spacious eat-in kitchen features a full pantry wall, S/S appliances, and walkout to a low-maintenance backyard & deck designed for enjoyment rather than upkeep. A stylish 4-piece bathroom with large vanity, updated in 2024 with a new tub & modern fixtures completes the level. Downstairs is a remarkably spacious fully finished level with separate entrance and separate shared laundry area. This 1 bedroom suite features rare 8-foot ceilings and oversized windows running both sides of the home defying the "basement" label. The space includes a family-sized eat-in kitchen with breakfast bar, generous sized living/dining area, bedroom, and 3-piece bath with stone tile throughout, ideal for income-generating, in-law suite, extended family or teens. Thoughtful upgrades provide peace of mind including basement waterproofing with sump pump, new drainage system with backwater valve, insulation, new shingled roof with 15-year transferable warranty (2021), new concrete walk-up steps with sleek aluminum railings (2023), tankless water heater (2025), custom blinds & smart thermostat. Perfectly situated steps to Fairbank Memorial Park, pool, community centre, schools, transit & new LRT, and minutes to the cafés and shops along St. Clair Ave.West & Eglinton Ave. West, Yorkdale Shopping Centre, Dufferin Mall, and quick access to Allen Road and Highway 401.
Estimate your monthly payments for this property
Estimated Payment
$4,304.50/mo
Includes CMHC insurance ($23,408)
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.
527 Westmount Avenue, Forest Hill / Deer Park
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Premium Pricing
At $1199/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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $3,496 (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.