313 Vaughan Road, Toronto C03

Price: $1,129,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: C13845394

Welcome to Tremendous Humewood-Cedarvale. This is one of Toronto's most desired & highly sought after family friendly neighborhoods. 313 Vaughan Road offers a sun-filled south exposure fully detached 2 + 1 bedroom 2 bath, raised bungalow with a fully finished basement/separate entrance in-law /rental potential and a fully detached solid concrete block 2 car garage serviced by a paved driveway on a large 25' x 120' lot. Along with its tremendous location, this beautifully appointed home has considerable upside and growth potential as your family needs grow - add a floor, explore conversion of the garage to a coach house or additional living space, or simply enjoy this beautiful, well-maintained home. Step outside to enjoy the mature backyard, creating a peaceful outdoor space for entertaining, gardening or family gatherings. Immediate access to TTC surface routes and direct bus connectivity to the newly opened Line 5 Eglinton Crosstown LRT or Line 1 Yonge-University subway taking you midtown or downtown within minutes. For the drivers enjoy quick access to Allen Road & Hwy 401. For the outdoor enthusiasts, walkers runners & cyclists access to Cedarvale Park and ravine trails, belt-line railway trail, kids splashpads, tennis courts and some of Toronto's top schools are all within a short walk, run or ride away. Shop, dine & entertainment with so many options close by including along St. Clair West Village, Spadina Village, Forest Hill or Yorkdale, all minutes away. An exceptional residence in an outstanding location - a rare find that delivers on every front. Upgrades include New flooring and 1/4 round in LR/DR , new smooth painted ceilings in bedrooms 1 & 2. New entrance door in basement to backyard with glass insert & side lights , new door hardware on all main floor doors and all exterior doors as well as freshly painted exterior doors. Natural wood FP in LR with granite apron, upgraded kit with Bianco Reale marble top & 14"x 28" porcelain tile.

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active
New Listing

$1,129,000 - 313 Vaughan Road, Forest Hill

Detached for Sale in Forest Hill

New — Listed 4 days ago

Neighbourhood: Humewood-Cedarvale

3Beds
2Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
C13845394
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Forest Hill / Deer Park
Taxes (2026)
$6,353
Listing Brokerage
JDF REALTY LTD.
Description

Welcome to Tremendous Humewood-Cedarvale. This is one of Toronto's most desired & highly sought after family friendly neighborhoods. 313 Vaughan Road offers a sun-filled south exposure fully detached 2 + 1 bedroom 2 bath, raised bungalow with a fully finished basement/separate entrance in-law /rental potential and a fully detached solid concrete block 2 car garage serviced by a paved driveway on a large 25' x 120' lot. Along with its tremendous location, this beautifully appointed home has considerable upside and growth potential as your family needs grow - add a floor, explore conversion of the garage to a coach house or additional living space, or simply enjoy this beautiful, well-maintained home. Step outside to enjoy the mature backyard, creating a peaceful outdoor space for entertaining, gardening or family gatherings. Immediate access to TTC surface routes and direct bus connectivity to the newly opened Line 5 Eglinton Crosstown LRT or Line 1 Yonge-University subway taking you midtown or downtown within minutes. For the drivers enjoy quick access to Allen Road & Hwy 401. For the outdoor enthusiasts, walkers runners & cyclists access to Cedarvale Park and ravine trails, belt-line railway trail, kids splashpads, tennis courts and some of Toronto's top schools are all within a short walk, run or ride away. Shop, dine & entertainment with so many options close by including along St. Clair West Village, Spadina Village, Forest Hill or Yorkdale, all minutes away. An exceptional residence in an outstanding location - a rare find that delivers on every front. Upgrades include New flooring and 1/4 round in LR/DR , new smooth painted ceilings in bedrooms 1 & 2. New entrance door in basement to backyard with glass insert & side lights , new door hardware on all main floor doors and all exterior doors as well as freshly painted exterior doors. Natural wood FP in LR with granite apron, upgraded kit with Bianco Reale marble top & 14"x 28" porcelain tile.

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Estimated Payment

$4,993.95/mo

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5-yr fixed avg.

Principal: $903,200Interest: $594,984
Mortgage Amount$903,200
Total Interest$594,984
Est. Property Tax$800/mo
Total Cost$1,498,184

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.

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Neighbourhood Guide: Humewood-Cedarvale

Discover Humewood-Cedarvale

Humewood-Cedarvale 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 Humewood-Cedarvale

  • •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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Humewood-Cedarvale 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.

70
Walk Score
Varies
Price Range

313 Vaughan Road, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$800
Insurance (est.)-$235
Net Cash Flow+$1,765

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1613/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Forest Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 Humewood-Cedarvale

I know Humewood-Cedarvale 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.

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    313 Vaughan Road | $1,129,000 | Battaglia Team