$2,650,000 - 304 Roselawn Avenue, Forest Hill
Multi-Family for Sale in Forest Hill
Neighbourhood: Yonge-Eglinton
- MLS Number
- C13618570
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 25
- Bedrooms
- 12
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- RE/MAX REALTRON BEN AZIZI REALTY GROUP
Exceptional legal triplex in the heart of Midtown Toronto, just steps to Yonge & Eglinton. This rare income-generating property offers approximately 3,955 sq. ft. of above-grade living space, plus an additional 1,170 sq. ft. basement apartment , featuring a total of 5 self-contained units: two spacious 3-bedroom suites, two 2-bedroom suites, and one bachelor basement apartment.An outstanding opportunity for investors seeking strong rental income or end users looking to live in one unit while generating substantial income from the remaining suites. The property also features a rare detached 3-car garage plus parking for 2 additional vehicles outside, offering a total of 5 parking spaces. There is also excellent potential to optimize, or expand the existing layout (subject to all required approvals).Ideally situated in one of Toronto's most sought-after neighbourhoods, just steps to the Yonge Subway, Eglinton Crosstown LRT, top-rated schools, parks, restaurants, cafés, shopping, and all the amenities the vibrant Yonge & Eglinton neighbourhood has to offer.A truly unique, turnkey investment with exceptional income potential, tremendous flexibility, and endless possibilities.
Estimate your monthly payments for this property
Estimated Payment
$11,721.84/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.
304 Roselawn 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 $757/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 25 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 12 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 5 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.