$936,888 - 127 Robina Avenue, Forest Hill
Multi-Family for Sale in Forest Hill
34 days on marketNeighbourhood: Oakwood Village
- MLS Number
- C13232088
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 34
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- RE/MAX ULTIMATE REALTY INC.
*WOW-Remarkable & Golden Opportunity!*-Rare, Affordable Duplex In Sought After Locale: 2nd Blk N Of St Clair W! 89% Walkscore! Exclusive & Unique Investment Property Has: Two Similar 2-Bedrm Suites-Each Originally Designed W/Sep Entry, Sep Hydro Meters, & Sep 2 Open Balconies! Relax & Enjoy The Morn Sun Or Do Bbq! Bsmt W/Sep Entry@Back, & Large 1-Bed Apt W/Above Grade Windows, A Jacuzzi Tub, Bamboo Flrs, & P/Lights, Is Vacant! Common Laundry Rm@Back W/Slate Flrs& Has A Built-In Storage Rm! Cherished Home W/Skylight, O/Concept Layout, Attractive Wood Trims, Large Dbl Cl In Master, & A Workshop-Style Large 2-Car Dbl Garage W/2 Bays, That May fit a Workbench Or Other Equip. Come C This Creative Built-In Storage Rm, Securely Locked In 1 Bay, Just Like A Tree-House! Perfect 4 Kids, Extra Storage, Or 2 Take a Quick Nap While Working On The Car! Cherry On Top: If U Love To Work On Your Car Or Do Some Woodworking Or Just Like Hanging Out, This Yard/Garage Wld Be The Natural Choice 4U & All Ur Tools! When U Get Tired Working In The Garage, Just Go To A Hidden Tiny Deck On The E. Side, Beside The Garage, To Sit/Relax/Have A Drink W/Friendly Neighbours Who Love 2 Help! Grab This Turnkey Investment B4 Its Too Late! Over 39K/Yr G.I.+ Pot. 4.24%Cap Rate! Own It Stress Free & Comfortably Simply By Keeping The Same 2-M2M Tenants (Willing To Stay!) OR, Just Move In W/60-Days Notice! Live In All, live In 1 & Rent The Other Or Rent All! Value Here Is Much More! Wont Last, Act Fast! Tens Of Thousands Spent On UpgradesSuch As: installation of gas lines to change all stoves to gas, all windows & exterior drs except the front dr, roof in 2012, new skylight on 2nd flr., reconstructed the dbl garage & added the locked-storage-area for safety, new concrete on front steps, walkway to sidewalk, & to driveway as well as the dbl garage fl (2018), complete bsmt reno (2009-2014/2026): excavated & underpinned, installed brand new bsmt, incl new Jacuzzi tub, & installed on-demand T/less W/Heater.
Estimate your monthly payments for this property
Estimated Payment
$4,806.72/mo
Includes CMHC insurance ($26,139)
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 Oakwood Village
Oakwood 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 Oakwood Village
- •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
Oakwood 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.
127 Robina 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
Competitive Pricing
At $625/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.
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.
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 3 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.
About Oakwood Village
I know Oakwood Village well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $3,904 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.