555 Castlefield Avenue, Toronto C04

Price: $1,799,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: C13780142

555 Castlefield Ave offers a wonderful blend of character, comfort, and everyday functionality in the heart of North Forest Hill. This charming detached home features 3+1 bedrooms and 4 bathrooms, with bright, spacious principal rooms and an easy flow for both family living and entertaining. A walkout to the private deck extends the living space outdoors, creating an inviting setting for dining, entertaining, or relaxing. Upstairs, two bedrooms enjoy direct access to a private terrace-perfect for a quiet morning coffee or unwinding at the end of the day. The finished lower level, complete with an additional bedroom, offers plenty of flexibility for guests, a home office, gym, or additional family space. Ideally situated just steps from neighbourhood cafés, excellent schools, parks, and public transit, this is a fantastic opportunity to enjoy comfortable family living in one of Toronto's most sought-after neighbourhoods.

555 Castlefield Avenue - Detached photo 1 of 33 in Lawrence Park / Bedford Park, Ontario
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New Listing
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$1,799,000 - 555 Castlefield Avenue, Lawrence Park

Detached for Sale in Lawrence Park

New — Listed 2 days ago

Neighbourhood: Forest Hill North

4Beds
4Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
C13780142
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Lawrence Park / Bedford Park
Listing Brokerage
RE/MAX HALLMARK BATORI GROUP INC.
Description

555 Castlefield Ave offers a wonderful blend of character, comfort, and everyday functionality in the heart of North Forest Hill. This charming detached home features 3+1 bedrooms and 4 bathrooms, with bright, spacious principal rooms and an easy flow for both family living and entertaining. A walkout to the private deck extends the living space outdoors, creating an inviting setting for dining, entertaining, or relaxing. Upstairs, two bedrooms enjoy direct access to a private terrace-perfect for a quiet morning coffee or unwinding at the end of the day. The finished lower level, complete with an additional bedroom, offers plenty of flexibility for guests, a home office, gym, or additional family space. Ideally situated just steps from neighbourhood cafés, excellent schools, parks, and public transit, this is a fantastic opportunity to enjoy comfortable family living in one of Toronto's most sought-after neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,957.58/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,439,200Interest: $948,075
Mortgage Amount$1,439,200
Total Interest$948,075
Est. Property Tax$1,274/mo
Total Cost$2,387,275

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: Forest Hill North

Discover Forest Hill North

Forest Hill North 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 Forest Hill North

  • Convenient location in Lawrence Park / Bedford 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

Forest Hill North 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

555 Castlefield Avenue, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,274
Insurance (est.)-$375
Net Cash Flow+$1,551

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 $1199/sqft, this property is priced above the Lawrence Park 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 Lawrence Park'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 Lawrence Park 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 Lawrence Park. 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 Forest Hill North

I know Forest Hill North 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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    555 Castlefield Avenue | $1,799,000 | Battaglia Team