$1,149,000 - 180 Atlas Avenue, Forest Hill
Detached for Sale in Forest Hill
Neighbourhood: Oakwood Village
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- MLS Number
- C13811062
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Taxes (2025)
- $4,977
- Listing Brokerage
- RARE REAL ESTATE
Attention End Users, Builders & Investors - A Rare 25 x 120 Lot in the Humewood Public School Catchment. For close to six decades, this home has been the heart of one family - the backdrop to holidays, milestones, and everyday memories. That warmth is still here, and for an end user ready to update and make it their own, it's a rare chance to restore a solid home with real character in a coveted neighbourhood. Higher ceilings on both the main and upper floors give it an airy, elevated feel that's genuinely tough to find, while a large private backyard and a private driveway with room for multiple cars - a true rarity in the area - round out a home you can move into and reimagine over time.But the real story is the opportunity. Set on a spectacular 25 x 120 foot lot with width and depth rarely found among surrounding homes, this is a standout development and value-add play. Renovate for end use, hold for income, build to suit, or take the redevelopment route: an ideal candidate for multi-family, multi-residential, multiplex, duplex, triplex, or fourplex conversion, with strong potential to increase density and add units under today's gentle-density and multiplex-friendly zoning. Explore garden suite, laneway, and infill possibilities to maximize land value and long-term returns. Builders, developers, and investors - this is the kind of deep, well-located lot that anchors a portfolio and pencils out.Opportunities like this - this much land, this location, and this rare combination of end-user appeal and redevelopment upside - don't come along often, and they don't last long. Whether you're buying to live, to build, or to hold, don't wait to see it. Buyer to verify all development potential, permitted uses, and density with the City.
Estimate your monthly payments for this property
Estimated Payment
$5,082.41/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 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.
180 Atlas 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
Fair Market Value
At $1045/sqft, this property is priced in line with current Forest Hill market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 16 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 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $4,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.