346 Westmount Avenue, Toronto C03

Price: $1,099,990

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: C13452728

Excellent and unique opportunity in Oakwood Village for investors and end-users seeking flexibility and income potential! This semi-detached home features a renovated kitchen, updated flooring, and a self-contained lower level, offering the option of supplemental rental income or multi-generational living. Additional major updates include a new roof (2024) and furnace (2022). Separate laundry for each unit adds convenience and functionality. 4 full parking spaces (rare for this neighbourhood) including a tandem spot, for easy side-by-side parking. Enjoy two balconies, a walkout basement, and excellent natural light throughout. Situated on a beautiful, mature street within walking distance of restaurants, grocery stores, transit, parks, and everyday amenities.

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$1,099,990 - 346 Westmount Avenue, Forest Hill

Semi-Detached for Sale in Forest Hill

Neighbourhood: Oakwood Village

5Beds
3Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
C13452728
Property Type
Semi-Detached
Status
active
Days on Site
18
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Forest Hill / Deer Park
Listing Brokerage
EXP REALTY
Description

Excellent and unique opportunity in Oakwood Village for investors and end-users seeking flexibility and income potential! This semi-detached home features a renovated kitchen, updated flooring, and a self-contained lower level, offering the option of supplemental rental income or multi-generational living. Additional major updates include a new roof (2024) and furnace (2022). Separate laundry for each unit adds convenience and functionality. 4 full parking spaces (rare for this neighbourhood) including a tandem spot, for easy side-by-side parking. Enjoy two balconies, a walkout basement, and excellent natural light throughout. Situated on a beautiful, mature street within walking distance of restaurants, grocery stores, transit, parks, and everyday amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.63/mo

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5-yr fixed avg.

Principal: $879,992Interest: $579,696
Mortgage Amount$879,992
Total Interest$579,696
Est. Property Tax$779/mo
Total Cost$1,459,688

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: Oakwood Village

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

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

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.

70
Walk Score
Varies
Price Range

346 Westmount Avenue, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$2,592

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

Fair Market Value

At $1000/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 18 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.

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.

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    346 Westmount Avenue | $1,099,990 | Battaglia Team