$799,888 - 463 Oakwood Avenue, Forest Hill
Semi-Detached for Sale in Forest Hill
New — Listed 3 days agoNeighbourhood: Oakwood Village
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- MLS Number
- C14097958
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Taxes (2026)
- $4,941
- Listing Brokerage
- RE/MAX ULTIMATE REALTY INC.
Space to enjoy today...Possibilities to explore for tomorrow! Offering over 2,000 sq. ft. of total living space, this 3+ bedroom home in the heart of Oakwood Village presents an exciting opportunity to update, personalize and add even more value over time. Generous living and dining rooms offer comfortable spaces for everyday living and entertaining, while the eat-in kitchen features a walkout to the backyard. Enjoy the existing layout or reimagine the main floor with an open-concept design to suit your style. A separate side entrance offers potential for a future basement suite for extended family or rental income. The second floor may also accommodate an additional kitchen, creating further possibilities for a multi-unit layout. Parking is available for two vehicles, with space to explore additional parking. The existing garage is not currently functional, but its footprint invites possibilities, including a replacement double garage or garden suite. Whether you're looking for a family home to make your own or an investment with future potential, this property offers room to bring your vision to life. Steps to multiple bus routes, with convenient access to subway service, the Eglinton Crosstown corridor and major highways. Enjoy neighbourhood restaurants, cafés, shops, schools and places of worship in a welcoming Oakwood Village setting.
Estimate your monthly payments for this property
Estimated Payment
$4,103.84/mo
Includes CMHC insurance ($22,317)
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.
463 Oakwood 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 $727/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.
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.
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.
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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.