$2,350,000 - 128 Montgomery Avenue, Forest Hill
New Construction for Sale in Forest Hill
Neighbourhood: Yonge-Eglinton
- MLS Number
- C13633628
- Property Type
- New Construction
- Status
- active
- Days on Site
- 20
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Gorgeous, turnkey contemporary detached home in the heart of Yonge & Eglinton, situated in the highly sought-after Allenby neighbourhood & within walking distance of top-rated schools incl. Allenby Jr. P.S., North Toronto C.I., & St. Clement's School. Custom-built & beautifully renovated, this exceptional residence offers approx. 2,400 sq. ft. of living space incl. LL with 3+1 bdrms., 4 baths., & 1 legal front yard parking and 1 at back for smaller car. The open-concept main level features soaring ceilings (just under 10 ft.), white oak engineered hardwood flooring, custom millwork, architectural windows, & abundant natural light. Generous living & dining areas flow seamlessly into the designer kitchen with quartz countertops, custom cabinetry, breakfast island, Sub-Zero fridge, & Wolf gas range. A direct W/O leads to the professionally landscaped private backyard with multiple areas for al fresco dining, entertaining, family gatherings, & quiet relaxation.The upper level features a spacious primary retreat with custom built-in wardrobes & a spa-inspired 5-pc ensuite with a Victoria + Albert freestanding soaker tub, glass-enclosed shower, skylight. Two add'l bdrms. provide comfortable accommodations, incl. one with its own private ensuite. Convenient 2nd-floor laundry enhances everyday living.The finished lower level offers exceptional versatility with a spacious rec room/gym, flexible 4th bdrm., 3-pc bath., abundant storage, & a cold room that could easily be converted into a future wine cellar. Perfectly positioned steps to Eglinton Park & within walking distance of the vibrant shops, cafés, restaurants of Yonge & Eglinton, incl. PAI, Stock Bar, Sip Wine Bar, Bready, Paris Baguette, Mandy's, La Vecchia, Healthy Planet, Grazie Ristorante, & Mizzica Gelateria & Café. Convenient access to the TTC & Eglinton Crosstown LRT. Modern comfort, residential tranquillity, & exceptional urban convenience come together in one of Toronto's most desirable family neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$10,394.84/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 Yonge-Eglinton
Yonge-Eglinton 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 Yonge-Eglinton
- •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
Yonge-Eglinton 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.
128 Montgomery 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 $1567/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.
Market Position
At 20 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Forest Hill. Good resale value as demand remains consistent.
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.
About Yonge-Eglinton
I know Yonge-Eglinton 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 $9,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.