73 Forest Grove Drive, Toronto C15

Price: $3,488,000

7 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: C13093304

Welcome to 73 Forest Grove Drive! A Real Gem! Upgraded Timeless Home with A California Vibe on A Spectacular Ravine Lot >> 85' X 265' (about 23,700 Sq.Ft Of Premium Southern Land, 0.54 Acres) In One Of The Most Prestigious Cul-De-Sac in The Heart of Remarkable Bayview Village Neighbourhood! This Bright and Spacious Home Features: 4+3 Bedrooms, 5 Washrooms, Large Principal Rooms(Living Rm, Dining Rm, Family Rm, Kitchen, and Master Bedroom, Overlooks Lush Ravine From Most Rooms, Newer Flooring, Cathedral Ceiling, A Large Glass Enclosed Veranda, Eat-In Kitchen with Newer Cabinets and S/S Appliances, Breathtaking Master Bedroom Includes 6-Pc Ensuite, Walk-In Closet and A signature Bay Window with a Window Seat, Family Sized Deck, Oasis Backyard! Finished Walk-Out Basement On Ground Level Includes Separate Side Entrance, 3 Bedrooms, Washrooms, Huge Family and Recreation Room Includes a Wet Bar, Kitchenette and Laundry. Best School Zone: Earl Haig S.S, Bayview M.S! Amazing Value Based On Upgraded Home, Land Size, Fantastic Ravine, and Convenient Location >> Just Minutes Away From Bayview Village Shopping Centre, The Subway, Highway 401, Right on the Nature Trails! A Truly Exceptional Property and One of The Most Desirable Lots In All Of Bayview Village! **An Opportunity Not To Be Missed**

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$3,488,000 - 73 Forest Grove Drive, Bayview Village

Detached for Sale in Bayview Village

34 days on market
7Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
C13093304
Property Type
Detached
Status
active
Days on Site
34
Bedrooms
7
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Listing Brokerage
RE/MAX REALTRON BIJAN BARATI REAL ESTATE
Description

Welcome to 73 Forest Grove Drive! A Real Gem! Upgraded Timeless Home with A California Vibe on A Spectacular Ravine Lot >> 85' X 265' (about 23,700 Sq.Ft Of Premium Southern Land, 0.54 Acres) In One Of The Most Prestigious Cul-De-Sac in The Heart of Remarkable Bayview Village Neighbourhood! This Bright and Spacious Home Features: 4+3 Bedrooms, 5 Washrooms, Large Principal Rooms(Living Rm, Dining Rm, Family Rm, Kitchen, and Master Bedroom, Overlooks Lush Ravine From Most Rooms, Newer Flooring, Cathedral Ceiling, A Large Glass Enclosed Veranda, Eat-In Kitchen with Newer Cabinets and S/S Appliances, Breathtaking Master Bedroom Includes 6-Pc Ensuite, Walk-In Closet and A signature Bay Window with a Window Seat, Family Sized Deck, Oasis Backyard! Finished Walk-Out Basement On Ground Level Includes Separate Side Entrance, 3 Bedrooms, Washrooms, Huge Family and Recreation Room Includes a Wet Bar, Kitchenette and Laundry. Best School Zone: Earl Haig S.S, Bayview M.S! Amazing Value Based On Upgraded Home, Land Size, Fantastic Ravine, and Convenient Location >> Just Minutes Away From Bayview Village Shopping Centre, The Subway, Highway 401, Right on the Nature Trails! A Truly Exceptional Property and One of The Most Desirable Lots In All Of Bayview Village! **An Opportunity Not To Be Missed**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$15,428.60/mo

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5-yr fixed avg.

Principal: $2,790,400Interest: $1,838,180
Mortgage Amount$2,790,400
Total Interest$1,838,180
Est. Property Tax$2,471/mo
Total Cost$4,628,580

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: Hillcrest Village / Bayview Village

Discover Hillcrest Village / Bayview Village

Hillcrest Village / Bayview Village 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 Hillcrest Village / Bayview Village

  • Convenient location in Hillcrest Village / Bayview Village
  • 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

Hillcrest Village / Bayview Village 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

73 Forest Grove Drive, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,750/mo
Range: $4,038 - $5,463
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,750
Maintenance Fees-$0
Property Tax (est.)-$2,471
Insurance (est.)-$727
Net Cash Flow+$1,552

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 $1395/sqft, this property is priced above the Bayview Village 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.

Market Position

At 34 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 Bayview Village 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 7 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 Bayview Village.

Bathroom Count Matters

With 5 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: Bayview Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $14,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    MLS# C13093304 — 73 Forest Grove Drive, Hillcr… | Battaglia Team