5-Bed Ravine Retreat with Sunroom in Bayview Village

Property details for 55 Forest Grove Drive, Toronto

Type: Residential
Style: Raised bungalow
Bedrooms: 5
Bathrooms: 3
Lot Size: 80 x 200 FT ; Pies Out Opens To 100 Feet. Per Survey
Stories: 1
Basement: Finished, Walk out, N/A, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Shingles
Ownership: Freehold
Annual Taxes: $19,772

This raised bungalow sits on a huge 80 by 200 ft ravine lot that opens to 100 ft at the back. The house itself has about 4,500 sq ft of living space with 3 beds up and 2 more in the walk-out basement. Fully renovated, from the modern kitchen with its waterfall island and chef-grade appliances to the sunroom: 150 sq ft of glass that frames the treed ravine, making it feel like a cottage right in the city. Floors are all hardwood, no carpet anywhere. The basement is properly finished with a rec room that opens to the garden, plus an office/den and a bedroom with its own ensuite. Toto toilets with heated seats and heated mirrors in the baths are a nice touch. Parking's sorted with an attached garage and a long driveway, room for 8 cars. You're in a quiet court in Bayview Village, minutes from North York General and a short drive to Seneca College or Fairview Mall. Taxes run about $19,772, and the place is listed at $3,688,000, well above the area median of $1.55M, but for a ravine lot this size and this level of finish, it's priced for what it is. Two furnaces keep things warm, central air handles summer. If you want privacy and green space without leaving the city, this fits the bill. It says 5 beds, but honestly you could use the lower level flex spaces however you need. The property is in great shape; just move in and enjoy the view.

About 55 Forest Grove Drive, Toronto — Property Score

Prime Location Strong Investment Feature Rich

Score: 63/100

Value

Priced 140.5% above area median of $1,533,500 based on 992 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - typical for similarly priced homes 60

3 bathrooms - 2 fewer than similarly priced properties nearby 36

16,000 sqft lot - an oversized lot for the area 90

Location

$140K median household income - well above the Canadian average of $70K 100

93% of residents hold postsecondary credentials - a highly educated neighbourhood 99

98% homeownership rate - indicating a stable, owner-occupied community 99

41% of residents commute under 30 minutes - good commuting convenience 63

1,277/km² population density - a well-balanced suburban area 83

Market

Just listed - area average is 58 days on market 100

-99.1% median price change over 1 month - declining prices in the area 1

37.5 months of housing supply - 2961 active listings with 79 sold last month (buyer's market) 40

Features

8-car garage - more than the area average of 4.2 spots 95

Finished, Walk out, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

View - premium features that add significant value 60

Investment

0.54% effective tax rate ($19,772/yr) - very low tax burden 84

Quality

Condition

Listing

50 photos provided - 39% more than the area average of 36 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.