$2,499,000 - 488 Arlington Avenue, Forest Hill
Detached for Sale in Forest Hill
84 days on marketNeighbourhood: Humewood-Cedarvale
- MLS Number
- C12995338
- Property Type
- Detached
- Status
- active
- Days on Site
- 84
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
This gorgeous family home has all the bells and whistles to exude a thoughtfully warm and contemporary feel throughout. There are so many "WOW" factors from the moment you step into this house: first and foremost how very wide the house actually is. The fabulous open concept main level encourages large family gatherings and entertaining en-masse anchored by a true gourmet kitchen and large dining room. Living spaces are totally interchangeable dependant upon the buyer(s)' needs. Soaring ceiling heights, Crown mouldings, an abundance of recessed lighting and gleaming hardwood floors are just a few more of the special highlights. The lower level is a true paradise for any sports and/or movie enthusiast with a huge entertainment area, side-by-side wall mounted and independently tilting televisions, Sonos soundbar, subwoofer, built-in speakers. Beautifully located directly across from Arlington Parkette on a wonderful little cul-de-sac, this home is also just mere steps to The Leo Baeck Day School, Cedarvale Park, tennis courts, Phil White Arena: there is an abundance of activities and park spaces all around along with charming and very popular coffee chops and neighbourhood stores. Extensive front landscaping includes trees, plants, an irrigation system, landscape and driveway lighting. The backyard is equally engaging with the lovely deck off the main floor family room, a lower deck for barbecuing, sun filled backyard and a plethora of plants, bushes and trees along the perimeter.
Estimate your monthly payments for this property
Estimated Payment
$11,053.92/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 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
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.
488 Arlington 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
Premium Pricing
At $1250/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.
Negotiation Opportunity
At 84 days on site, this property has exceeded the typical selling timeline for Forest Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
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.