$625,000 - 7 Warwick Avenue Unit 3, Forest Hill
Condo for Sale in Forest Hill
85 days on market- MLS Number
- C12908732
- Property Type
- Condo
- Status
- active
- Days on Site
- 85
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,200 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Locker
- Exclusive
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- BSPOKE REALTY INC.
Less upkeep. More intention. A home that reflects how you actually want to live now. Located in a boutique fourplex on a quiet, tree-lined street in Cedarvale, this second-floor suite offers approximately 1,200 sq ft of well-planned living space-larger than most options at this price point, without the demands of a full house. The layout is functional and easy to live in, with defined principal rooms that allow for both everyday comfort and hosting. A dedicated dining room sits alongside the eat-in kitchen, where a large breakfast bar creates a natural gathering point. The kitchen is equipped with granite countertops, a gas stove, a stainless steel refrigerator, a built-in dishwasher, and a full pantry. Two well-sized bedrooms and a large den provide flexibility for guests, a home office, or additional living space. Hardwood floors run throughout, and the second-floor position brings in excellent natural light and an open outlook. Storage is thoughtfully integrated, with multiple large closets, built-in organizers, and a private basement locker. Laundry is conveniently located downstairs, accessed directly from the kitchen via a back stair. Additional features include a ductless A/C unit and two parking spaces-one in the garage and one on the surface. A convenient exit to the garage further simplifies day-to-day routines. Monthly maintenance fees include all utilities and property taxes, offering clarity and predictability in your monthly expenses.
Estimate your monthly payments for this property
Estimated Payment
$3,206.57/mo
Includes CMHC insurance ($17,438)
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.
7 Warwick Avenue Unit 3, 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
Competitive Pricing
At $521/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 85 days on site, this property has exceeded the typical selling timeline for Forest Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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 $2,604 (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.