555 Castlefield Avenue, Toronto C04

Price: $1,499,000

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: C13239668

Nestled in the highly sought-after Forest Hill North neighborhood, this exceptional property offers the perfect blend of urban convenience and serene residential living. Located in one of Toronto's most prestigious and family-friendly communities, this home is surrounded by tree-lined streets, beautiful parks, and a strong sense of community. Residents enjoy easy access to top-tier amenities, such as Rexall, Shoppers Drug Mart, Metro, No Frills, Yorkdale Shopping Mall, Costco, etc. Everyday essentials are just minutes away with grocery stores, banks, and fitness centers all within close reach. Commuting is effortless with convenient access to the Eglinton West Subway Station and the Eglinton Crosstown LRT, connecting you seamlessly across the city. Minutes from Allen Rd, 401 and Downtown. Families will appreciate proximity to some of Toronto's top-rated schools, both public and private, making this an ideal location for growing households. Such as Forest Hill Collegiate, Forest Hill Middle School, North Prep Elementary School, etc. Outdoor enthusiasts can take advantage of nearby green spaces such as Forest Hill Road Park, Cedarvale Park, and the Kay Gardner Beltline Trail, perfect for walking, jogging, biking, and year-round recreation. Combining a prime location, outstanding amenities, excellent transit options, and a vibrant yet peaceful neighborhood atmosphere, this home presents a rare opportunity to experience the very best of Forest Hill North living.

555 Castlefield Avenue - Detached photo 1 of 31 in Lawrence Park / Bedford Park, Ontario
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$1,499,000 - 555 Castlefield Avenue, Lawrence Park

Detached for Sale in Lawrence Park

Popular Listing
5Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
C13239668
Property Type
Detached
Status
active
Days on Site
9
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Lawrence Park / Bedford Park
Listing Brokerage
CITYSCAPE REAL ESTATE LTD.
Description

Nestled in the highly sought-after Forest Hill North neighborhood, this exceptional property offers the perfect blend of urban convenience and serene residential living. Located in one of Toronto's most prestigious and family-friendly communities, this home is surrounded by tree-lined streets, beautiful parks, and a strong sense of community. Residents enjoy easy access to top-tier amenities, such as Rexall, Shoppers Drug Mart, Metro, No Frills, Yorkdale Shopping Mall, Costco, etc. Everyday essentials are just minutes away with grocery stores, banks, and fitness centers all within close reach. Commuting is effortless with convenient access to the Eglinton West Subway Station and the Eglinton Crosstown LRT, connecting you seamlessly across the city. Minutes from Allen Rd, 401 and Downtown. Families will appreciate proximity to some of Toronto's top-rated schools, both public and private, making this an ideal location for growing households. Such as Forest Hill Collegiate, Forest Hill Middle School, North Prep Elementary School, etc. Outdoor enthusiasts can take advantage of nearby green spaces such as Forest Hill Road Park, Cedarvale Park, and the Kay Gardner Beltline Trail, perfect for walking, jogging, biking, and year-round recreation. Combining a prime location, outstanding amenities, excellent transit options, and a vibrant yet peaceful neighborhood atmosphere, this home presents a rare opportunity to experience the very best of Forest Hill North living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,630.58/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,199,200Interest: $789,975
Mortgage Amount$1,199,200
Total Interest$789,975
Est. Property Tax$1,062/mo
Total Cost$1,989,175

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: Lawrence Park / Bedford Park

Discover Lawrence Park / Bedford Park

Lawrence Park / Bedford 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 Lawrence Park / Bedford Park

  • Convenient location in Lawrence Park / Bedford 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

Lawrence Park / Bedford 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

555 Castlefield Avenue, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$2,226

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

Fair Market Value

At $999/sqft, this property is priced in line with current Lawrence Park 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.

Detached Home Advantages

Detached homes in Lawrence Park 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 5 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 Lawrence Park.

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: Lawrence Park properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,246 (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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