3 Forest Point Drive, Toronto, ON

Mount Dennis, Toronto · MLS® W12959522

$899,000
For Sale
Listed 102 days ago
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3Bedrooms
4Bathrooms
1Garage · 2 parking
1500-2000Sq Ft

About this home

Urban Elegance Meets Ravine-Side Serenity! > Discover this stunning 3-storey detached masterpiece nestled in the heart of Mount Dennis. Boasting a thoughtful open-concept layout, this 3-bedroom, 3-bathroom home features gleaming parquet and ceramic flooring throughout. The second-level chef's kitchen is a true standout, offering a seamless walk-out to a private deck-perfect for morning coffee or evening entertaining. Retreat to the third-floor primary suite, complete with a private ensuite for ultimate relaxation. With a built-in garage, private driveway, and proximity to the lush Eglinton Flats and Scarlett Woods Golf Course, this home offers the perfect balance of city convenience and natural beauty. Just minutes to the TTC, future Eglinton Crosstown LRT, and local favorites like Golden Crisp Fish & Chips. Your sanctuary in the city awaits!

Key facts

Property type
Detached, 3-Storey
MLS®
W12959522
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000
Lot
25.66 × 83.06 ft
Cross streets
Weston / Jane
Parking
1 garage · 2 parking (attached)
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,344 / 2025
Days on market
102
Listing brokerage
CMI REAL ESTATE INC.

Rooms

BathroomThird1.67 × 2.31 m

3 Pc Ensuite

Living RoomThird3.56 × 7.22 m
Bedroom 2Third2.77 × 3.38 m
BathroomBasement1.92 × 1.28 m

3 Pc Bath

KitchenBasement3.74 × 3.38 m
BathroomThird1.79 × 2.46 m

4 Pc Bath

FoyerMain1.28 × 1.25 m
KitchenMain2.16 × 2.25 m
Primary BedroomThird3.87 × 4.60 m
Bedroom 3Third2.46 × 3.38 m
Family RoomGround5.60 × 3.99 m
BathroomMain0.91 × 1.88 m
Dining RoomMain3.38 × 3.07 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.26Mest. value

Listed at $899,000, this home is tracking about 29% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.09M, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $879K
  • Size difference +$329K
  • Bedrooms −$30K
  • Bathrooms +$30K
  • Adjusts to $1.21M

That comparable adjusts to $1.21M; the $1.26M estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Weston Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Emmett Ave at Verona Ave is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$899KGreat deal$1.44MOverpriced

Total price vs nearby homes. Fair value about $1.26M, median of 7 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Mount Dennis · asking prices
$1.04Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

47 Mahoney Avenue$950k21 Mahoney Avenue$879k61 Guestville Avenue$1.30M

The 3 closest active listings nearby.

See all comparable homes
899kThis home950k879k1.30MThis home vs active comparables
Live market pulseActive comparables in Mount Dennis · median list $879K
$514this home / sqft
7active listings nearby
102days on market

This home lists 32% below the area average of $759/sqft.

101 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Mount Dennis, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

80/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Emmett Ave at Verona Ave, about 121 m away

20+ transit stops8 grocery20+ dining20+ parks14 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Downsview-Roding-CFB
$1.06M
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
Alderwood
$998K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Portage Trail Community School
44%
Portage Trail Community SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 44% meet the provincial standard

Affordability & Mortgage

Affordability
$4,097/mo
$171KIncome needed
5.3×Price ÷ income
$946Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $4,097Property tax $362Total carry $4,459

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,838per month

Mortgage amount $719,200 · 4.14% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,200Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,838
Property tax
$362
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,200

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$14,455
Toronto municipal land transfer tax
$14,455
Estimated closing costs
$28,910

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,662/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$432,175Total interest paid
$1,151,375Total of all payments
Principal $719,200 Interest $432,175
YearPrincipalInterestBalance
1$16,848$29,207$702,352
2$17,553$28,502$684,799
3$18,287$27,768$666,511
4$19,052$27,003$647,459
5$19,849$26,206$627,610
6$20,679$25,376$606,930
7$21,544$24,511$585,386
8$22,446$23,609$562,940
9$23,384$22,671$539,556
10$24,363$21,692$515,193
11$25,382$20,673$489,811
12$26,443$19,612$463,368
13$27,549$18,506$435,819
14$28,702$17,353$407,117
15$29,902$16,153$377,214
16$31,153$14,902$346,061
17$32,456$13,599$313,605
18$33,814$12,241$279,791
19$35,228$10,827$244,563
20$36,702$9,353$207,861
21$38,237$7,818$169,625
22$39,836$6,219$129,788
23$41,503$4,552$88,286
24$43,239$2,816$45,047
25$45,047$1,008$0

At the end of your 5-year term

Total paid over the term
$230,275
Principal paid down
$91,590
Interest paid
$138,685
Balance remaining
$627,610

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
3.1%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.2%
Gross yield
− Property tax $4,344− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,898

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CMI REAL ESTATE INC.. MLS®/PropTx.

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