487 Winnett Avenue, Toronto C03

Price: $1,998,000

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: C13780208

Some neighbourhoods you visit. Cedarvale, you stay for - and this turnkey family home is exactly why. In the catchment for Cedarvale Community School and Forest Hill CI, with the ravine and park just a quick stroll away and the Egl Crosstown LRT steps from your door. Everything Cedarvale promises, this home delivers. A cedar-lined walkway leads to a covered porch, welcoming you in. Inside, a Light-Filled, Open-Concept Main Floor Unfolds - Large Windows Flood the space with Natural Light, and the Living & Dining Rms flow together Effortlessly. The Chef's Kitchen anchors it all - Stainless-Steel Appliances, Custom-Built Cabinetry, & Plenty of Storage. A flexible Main Floor Family Room does Double Duty as a Home Office, Lounge, or Playroom - the choice is yours! Beyond the Kitchen, a Back Extension Offers Even More Versatility: currently set up as a dedicated Work-From-Home Space with a Convenient Mudroom for everyday ease, it's ready to enjoy as-is or easily reconfigure to suit your needs. Upstairs, three well-proportioned Bedrooms each come with their own W/I Closet. A full 5-Piece Bath with Double Sinks keeps mornings moving for the whole family. The Elegant Primary is the Standout: Large Windows Overlooking the Picturesque Backyard, His&Hers W/I Closets, & a 5-Piece Spa Ensuite built for unwinding after long days.The fully Reno'd Lower Level rounds out the home with even more living space - an Ample Rec Rm, a Bedroom with Built-Ins, & an additional Room Currently Outfitted as an Exercise Rm.Step outside to a stunning backyard retreat - pavers, planters, and lush garden beds anchored by a dedicated dog run - morning coffee, weekend entertaining, or simply enjoying the outdoors with the whole family, four-legged members included. The big-ticket items are already handled: roof, two furnaces, two A/C units & a Sump Pump. And Pkg that's genuinely rare for the area - 2 spaces plus a Detached Garage. This street. This catchment. This turnkey home. Cedarvale doesn't wait.

487 Winnett Avenue - Detached photo 1 of 34 in Forest Hill / Deer Park, Ontario
487 Winnett Avenue - Detached photo 2 of 34 in Forest Hill / Deer Park, Ontario
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active
New Listing
1/34

$1,998,000 - 487 Winnett Avenue, Forest Hill

Detached for Sale in Forest Hill

New — Listed 2 days ago

Neighbourhood: Humewood-Cedarvale

4Beds
4Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
C13780208
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Forest Hill / Deer Park
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

Some neighbourhoods you visit. Cedarvale, you stay for - and this turnkey family home is exactly why. In the catchment for Cedarvale Community School and Forest Hill CI, with the ravine and park just a quick stroll away and the Egl Crosstown LRT steps from your door. Everything Cedarvale promises, this home delivers. A cedar-lined walkway leads to a covered porch, welcoming you in. Inside, a Light-Filled, Open-Concept Main Floor Unfolds - Large Windows Flood the space with Natural Light, and the Living & Dining Rms flow together Effortlessly. The Chef's Kitchen anchors it all - Stainless-Steel Appliances, Custom-Built Cabinetry, & Plenty of Storage. A flexible Main Floor Family Room does Double Duty as a Home Office, Lounge, or Playroom - the choice is yours! Beyond the Kitchen, a Back Extension Offers Even More Versatility: currently set up as a dedicated Work-From-Home Space with a Convenient Mudroom for everyday ease, it's ready to enjoy as-is or easily reconfigure to suit your needs. Upstairs, three well-proportioned Bedrooms each come with their own W/I Closet. A full 5-Piece Bath with Double Sinks keeps mornings moving for the whole family. The Elegant Primary is the Standout: Large Windows Overlooking the Picturesque Backyard, His&Hers W/I Closets, & a 5-Piece Spa Ensuite built for unwinding after long days.The fully Reno'd Lower Level rounds out the home with even more living space - an Ample Rec Rm, a Bedroom with Built-Ins, & an additional Room Currently Outfitted as an Exercise Rm.Step outside to a stunning backyard retreat - pavers, planters, and lush garden beds anchored by a dedicated dog run - morning coffee, weekend entertaining, or simply enjoying the outdoors with the whole family, four-legged members included. The big-ticket items are already handled: roof, two furnaces, two A/C units & a Sump Pump. And Pkg that's genuinely rare for the area - 2 spaces plus a Detached Garage. This street. This catchment. This turnkey home. Cedarvale doesn't wait.

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Estimated Payment

$8,837.83/mo

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5-yr fixed avg.

Principal: $1,598,400Interest: $1,052,948
Mortgage Amount$1,598,400
Total Interest$1,052,948
Est. Property Tax$1,415/mo
Total Cost$2,651,348

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

487 Winnett Avenue, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,415
Insurance (est.)-$416
Net Cash Flow+$1,469

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 $999/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Forest Hill. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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 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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    487 Winnett Avenue | $1,998,000 | Battaglia Team