$1,779,000 - 116 Maplewood Avenue, Forest Hill
Detached for Sale in Forest Hill
126 days on market- MLS Number
- C12839026
- Property Type
- Detached
- Status
- active
- Days on Site
- 126
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- SUTTON GROUP-ASSOCIATES REALTY INC.
An opportunity to make the impossible possible in prime Humewood. This special home, set on a coveted corner lot with double car parking and a timeless brick exterior, offers presence, and remarkable versatility for 1st-time buyers planning long term, move-up families, or downsizers unwilling to compromise on space. Perched on a bright, fully fenced corner lot - with additional side city space to enjoy- abundant windows stream light from every angle. Soaring ceilings and an effortless open layout flows from the living and dining area, into an updated kitchen where a large centre island anchors the home. A rare family room and mudroom addition enhance daily convenience and connect seamlessly to the private, treed backyard. Upstairs, a generous landing provides welcome elbow room and leads to a primary bedroom spacious enough for a king-sized bed, along with three other bedrooms. Convert one into an ensuite adding long-term value. A beautifully renovated, oversized bath completes the level. The lower level is truly magnificent with seven-foot ceilings, above-grade windows, and pot lights that keep the space bright and functional. Enjoy a media room or gym, a private office or bedroom, convenient laundry and storage, and a luxurious bathroom featuring a heated towel rack. Come live in Humewood and immerse yourself in one of the city's most engaged communities- Saturday at the Farmers' Market, cultural events at Wychwood Barns, children walking to Humewood School, and the convenience of an ideal urban lifestyle rooted in community.
Estimate your monthly payments for this property
Estimated Payment
$7,869.12/mo
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.
116 Maplewood Avenue, 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
Premium Pricing
At $1186/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 126 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.
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 $7,413 (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.