10 Gardiner Road, Toronto C03

Price: $3,150,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: C12827556

Situated on a prime west-facing 50 x 132 ft lot in the heart of Forest Hill South, this classic Tudor centre hall plan offers good bones, a great location, with exceptional potential. The distinguished 2-storey brick and stone residence, built in 1932 and cherished by the same family for generations, showcases timeless proportions, original character, and enduring craftsmanship. Offering approximately 2,713 sq ft above grade plus an approximately 1,363 sq.ft. finished lower level, the home provides generous scale for modern family living. The traditional centre hall layout is anchored by gracious principal rooms including a formal living room with fireplace, elegant dining room, eat-in kitchen with breakfast area, sunroom, and powder room; an ideal canvas for thoughtful renovation or redesign. The second floor features five well-proportioned bedrooms, including a primary suite with walk-in closet and ensuite, complemented by additional family baths. The lower level adds valuable recreation space, laundry, storage, and utility areas. A built-in garage with private drive parking, stone and brick exterior, gas hot water heating, central air conditioning, and solid structural fundamentals further enhance the offering. Bathed in natural light from its west lot on Gardiner Road, the property enjoys a coveted streetscape in close proximity to top public and private schools, parks, library, greenbelt, transit, and places of worship. A rare opportunity to restore, renovate, or build new; this is a true blank canvas to create your dream home and bring a bespoke vision to life in one of Toronto's most prestigious neighbourhoods. *Some photos have been virtually staged

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$3,150,000 - 10 Gardiner Road, Forest Hill

Detached for Sale in Forest Hill

130 days on market
5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
C12827556
Property Type
Detached
Status
active
Days on Site
130
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Forest Hill / Deer Park
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Situated on a prime west-facing 50 x 132 ft lot in the heart of Forest Hill South, this classic Tudor centre hall plan offers good bones, a great location, with exceptional potential. The distinguished 2-storey brick and stone residence, built in 1932 and cherished by the same family for generations, showcases timeless proportions, original character, and enduring craftsmanship. Offering approximately 2,713 sq ft above grade plus an approximately 1,363 sq.ft. finished lower level, the home provides generous scale for modern family living. The traditional centre hall layout is anchored by gracious principal rooms including a formal living room with fireplace, elegant dining room, eat-in kitchen with breakfast area, sunroom, and powder room; an ideal canvas for thoughtful renovation or redesign. The second floor features five well-proportioned bedrooms, including a primary suite with walk-in closet and ensuite, complemented by additional family baths. The lower level adds valuable recreation space, laundry, storage, and utility areas. A built-in garage with private drive parking, stone and brick exterior, gas hot water heating, central air conditioning, and solid structural fundamentals further enhance the offering. Bathed in natural light from its west lot on Gardiner Road, the property enjoys a coveted streetscape in close proximity to top public and private schools, parks, library, greenbelt, transit, and places of worship. A rare opportunity to restore, renovate, or build new; this is a true blank canvas to create your dream home and bring a bespoke vision to life in one of Toronto's most prestigious neighbourhoods. *Some photos have been virtually staged

Mortgage Calculator

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Estimated Payment

$13,933.51/mo

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5-yr fixed avg.

Principal: $2,520,000Interest: $1,660,054
Mortgage Amount$2,520,000
Total Interest$1,660,054
Est. Property Tax$2,231/mo
Total Cost$4,180,054

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: Forest Hill / Deer Park

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

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

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.

70
Walk Score
Varies
Price Range

10 Gardiner Road, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$2,231
Insurance (est.)-$656
Net Cash Flow+$1,063

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 $1260/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.

Negotiation Opportunity

At 130 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.

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.

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 Forest Hill.

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: Forest Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $13,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    10 Gardiner Road | $3,150,000 | Battaglia Team