658 Vaughan Road, Toronto C03

Price: $1,700,000

2 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: C13595022

Exceptional Property. Freestanding Building. High Visibility. Updated, Renovated & in Excellent Condition. Many Potential Uses. Main Floor & Two Levels of Lower Floors used as Commercial Space. 2nd Floor Residential. Main Floor Front Office Features: Large Window Fronting on Vaughan Rd. Private Office w/ Meeting Room, Separate Lounge Area & Private 2-pce Bathroom. Large Open Concept Area, Marble & Hardwood Floors. Lower Floor Features: Open Concept Space w/ Four Offices, Large Open Concept Area, Basement Features: Kitchen, Dining Area, Male/Female Bathroom Stalls - 3 Urinals & 3 Private Stalls, Utility Room, Storage Area. Second Floor Features: Residential Two Bedroom Apartment w/ Separate Eat-In Kitchen, Large Living/Dining Areas w/ Fireplace, Two Bedrooms, 3-pce Bathroom, Walk Out to 900sf of Outdoor Space on Rooftop. Ample Parking: 6 Parking Spaces in the Rear, 2 Parking Spaces in the Front. Steps to the new LRT Train Station at Eglinton & Oakwood. Excellent Area to Invest!

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$1,700,000 - 658 Vaughan Road, Forest Hill

Detached for Sale in Forest Hill

32 days on market

Neighbourhood: Oakwood Village

2Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
C13595022
Property Type
Detached
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Forest Hill / Deer Park
Listing Brokerage
RED HOUSE REALTY
Description

Exceptional Property. Freestanding Building. High Visibility. Updated, Renovated & in Excellent Condition. Many Potential Uses. Main Floor & Two Levels of Lower Floors used as Commercial Space. 2nd Floor Residential. Main Floor Front Office Features: Large Window Fronting on Vaughan Rd. Private Office w/ Meeting Room, Separate Lounge Area & Private 2-pce Bathroom. Large Open Concept Area, Marble & Hardwood Floors. Lower Floor Features: Open Concept Space w/ Four Offices, Large Open Concept Area, Basement Features: Kitchen, Dining Area, Male/Female Bathroom Stalls - 3 Urinals & 3 Private Stalls, Utility Room, Storage Area. Second Floor Features: Residential Two Bedroom Apartment w/ Separate Eat-In Kitchen, Large Living/Dining Areas w/ Fireplace, Two Bedrooms, 3-pce Bathroom, Walk Out to 900sf of Outdoor Space on Rooftop. Ample Parking: 6 Parking Spaces in the Rear, 2 Parking Spaces in the Front. Steps to the new LRT Train Station at Eglinton & Oakwood. Excellent Area to Invest!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,519.67/mo

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5-yr fixed avg.

Principal: $1,360,000Interest: $895,902
Mortgage Amount$1,360,000
Total Interest$895,902
Est. Property Tax$1,204/mo
Total Cost$2,255,902

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

658 Vaughan Road, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,250/mo
Range: $2,763 - $3,737
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,250
Maintenance Fees-$0
Property Tax (est.)-$1,204
Insurance (est.)-$354
Net Cash Flow+$1,692

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

Competitive Pricing

At $486/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.

Market Position

At 32 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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 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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    658 Vaughan Road | $1,700,000 | Battaglia Team