Welcome to your dream home! This beautiful 4 bedroom house with a kitchen addition on a large lot is waiting for you to make it your own. Nestled on a winding, tree-lined street, this house boasts a double car garage and is surrounded by a quiet, safe, and mature neighborhood.

As you step inside, you'll immediately notice the stunning new hardwood floors that have just been installed on the main and second floors.  The kitchen addition walks out to your deep private lot with plenty of room for outdoor activities & entertainment.

4 spacious upper bedrooms including a primary bedroom with a walk-in closet and en-suite bathroom 

But that's not all – the finished basement provides even more space for your family to spread out and make memories.  

This spacious home is nestled on a private, 166 ft deep lot overlooking wooded properties across the road.  Don't miss out on this incredible opportunity to own your own piece of paradise. 

Postcard copy: 

Welcome to beautiful Beechgrove! Don’t miss out on this incredible opportunity to own your own piece of paradise.   The welcoming front porch overlooks wooded properties across the road.  You’ll have plenty of room for outdoor activities, entertaining or just watching nature on the private, 166 ft deep lot.

New wide plank hardwood floors grace the main and second floors.   Main floor boasts a family room with cozy fireplace & a kitchen addition. Primary bedroom with walk-in closet and en-suite bath. The finished basement has new broadloom, large rec room & 5th bedroom/office.

About West Hill

West Hill, Ontario is a vibrant community located in the eastern part of Toronto. Known for its beautiful parks, quiet streets, and friendly residents, West Hill has become a popular destination for homebuyers looking for a great place to live. So what makes West Hill such a great place to call home? 

Location and Transportation

West Hill is located in the eastern part of Toronto, bordering Lake Ontario to the south and Scarborough to the east. With easy access to Highway 401, residents can easily commute to downtown Toronto, which is just 20 minutes away. Additionally, West Hill is well-serviced by public transportation, with a number of bus routes and the nearby Guildwood GO Station providing easy access to the rest of the city.

Real Estate

The real estate market in West Hill is diverse, with a variety of housing options available to suit different needs and budgets. The neighbourhood features a mix of older, established homes and newer, modern developments. Single-family homes are the most common type of property in West Hill, with prices ranging from just under $900,000 for a small fixer-upper to over $1 million, depending on the size and location of the property.

In addition to single-family homes, there are also a number of affordable townhouses and condos available in West Hill, many of them within walking distance to Morninside Crossing plaza with grocery stores, Shoppers Drug mart and Dollarama

Parks and Recreation

One of the standout features of West Hill is its abundance of parks and green spaces. The neighbourhood is home to several large parks, including Morningside Park, Colonel Danforth Park, and East Point Park, which offer a wide range of recreational activities such as hiking, biking, and picnicking. These parks are also popular destinations for birdwatching, with a variety of bird species found in the area.  

For those who enjoy spending time on the water, the nearby Bluffers Park Marina offers access to Lake Ontario, with boat launches, fishing charters, and sailing lessons available. 

Education

West Hill is home to several excellent schools, making it a popular choice for families with children. Some of the top schools in the area include West Hill Collegiate Institute, St. John Paul II Catholic Secondary School, and Morningside Heights Public School. Additionally, there are several private schools in the area, providing families with a variety of educational options including French Immersion and Académie Alexandre-Dumas, a Viamonde French language elementary school. 

Shopping and Dining

West Hill has a wide range of shopping and dining options, with several major shopping centres located in the area. The nearby Scarborough Town Centre is one of the largest shopping centres in the city, with over 250 stores and restaurants, including major retailers such as Hudson’s Bay, Walmart, and Cineplex.

For those who prefer independent stores and boutiques, the nearby Kingston Road Village and Guildwood Village offer a variety of unique shopping options.  If you love food, foodies, West Hill has no shortage of great places to explore, with a wide range of cuisines represented, from Italian to Chinese to Caribbean and local favourites near by like the Stone Cottage Inn pub

Community and Events

West Hill has a strong sense of community, with a variety of events and activities held throughout the year. The annual West Hill Harvest Festival is a popular event, featuring live music, local vendors, and a pumpkin-carving contest. And for sports enthusiasts, the West Hill Baseball League is a popular destination for both players and spectators.

Additionally, the West Hill Community Association organizes a variety of events and initiatives throughout the year, including community clean-up events and volunteer opportunities. These events help bring the community together and foster a sense of pride and belonging among residents.

To search for other West Hill homes for sale:  

Homes for Sale in West Hill, Scarborough

Link to Video

1.  We have NOT hit a 'buyer's market' - the bubble did not burst 

A buyer's market is defined by the supply being greater than demand.  The reverse is true, especially in January & February of this year.  These are typically lower inventory months.  As you can expect, this causes homes to sell quickly, sometimes in competition.  

2. Feeling the strong pent up demand in the market.  Some of my buyers are shocked to find that homes are selling quickly (in 1 or 2 days) before they get a chance to view them.  You CAN'T wait for the weekend to see homes, they may be gone by then!

3.  Prices look to be on the upswing.   If you tried to time the market, it's likely you missed the bottom.  And if your friends are predicting a glut of homes to be listed because homeowners are caught with mortgages they can't afford, industry experts predict that's very unlikely to happen.  

Full article from the Toronto Real Estate Board: 

The number of February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022. 

However, the number of new listings also dropped substantially year-over-year. 

The result was that the average selling price leveled off after trending lower through the spring and summer of last year. “It has been almost a year since the Bank of Canada started raising interest rates. 

Home prices have dropped over the last year from the record peak in February 2022. Many homebuyers have also decided to buy a lower priced home to help offset higher borrowing costs. 

The share of home purchases below one million dollars is up substantially, according to the Toronto Regional Real Estate board. 

The number of new listings entered into the system was down 40.9 per cent. New listings continued to drop year-over-year in the GTA. 

Recently released Ipsos polling suggests buying intentions have picked up for 2023. 

"This increased demand will run up against a constrained supply of listings and lead to increased competition between buyers. This will eventually lead to renewed price growth in many segments of the market, especially those catering to first-time buyers facing increased rental costs,” 

Do you own a property in the City of Toronto?  Do you have friends or family living outside Toronto that own a property in the city?  Then this is important information for you!

Did you know about Toronto Vacant Home Tax?  Be careful - if you don't submit your declaration by the deadline of February 2 you may be subject to a fine! 

If you own a property in Toronto you now must fill out a declaration with the details of who is living there.  If you own more than one property, you have to fill out a declaration for each property.

What you need to fill out your declaration:

To fill out the declaration, you'll need your Assessment Roll Number (ARN) and Customer Number from your tax form, and the occupants names' and phone number for each property.  This is for homes or condos within the City of Toronto only.

Link to on-line declaration

Exemptions:

There are some exemptions (like if someone has passed away during the year) - they can be found here towards the bottom of the page: Exemptions to Vacant Home Tax

Why has the city done this?

This new tax is an initiative to help release properties sitting vacant into either the rental pool, or to be sold.  Are vacant homes a big problem in Toronto?  I don't think there has been a way to monitor or track these properties, but the feeling is there aren't many of them.  

However, there are quite a few investors holding properties in Canada that live elsewhere - so if you have a friend or family in this situation, please make sure you forward this information to them.   They may not have received the notification!

What if you can't find your Assessment Roll Number?

If you're having trouble finding your ARN, let me know and I can look it up for you!  

Can you fill out the declaration any other way?

Yes, you can print out and mail in a declaration by February 2 as well, details and forms are at the link above.

Video LInks:

Toronto's Vacant Home Tax

Canada's Foreign Home Buyer Ban

Predictions for the 2023 Real Estate Market

The Toronto real estate for just released their year end numbers for 2022.  You may see a lot of messages from realtors hyping the fact that prices were actually up here over a year 8.6% in Toronto, but that does not tell the whole story!   I've done a 3 minute video with my findings & predictions for 2023  - the link is above.

I thought it would be more interesting to take a look at the first half of the year vs. the second half of the year to see what was really happening!

I took a look in depth at detached homes in Toronto as well as detached house prices in Scarborough.   

As you can see by the chart below, detached house prices increased 4.45% in Toronto year over year, but declined 17% when you compare first & second half of 2022:

Scarborough mirrored Toronto trends of a 17% drop comparing first and second halves of 2022: 

This puts second half 2002 prices down versus average prices in 2021 down 6.3% in Scarborough, at July 2021 levels. 

2023 Predictions

2023 may be an unprecedented year!  Yes, we have seen interest rates this high (and higher) in Toronto - but never when house prices have been so high.

Once the bank of Canada gets insulation under control at around the 2% level you can expect to see interest rates, stabilize and perhaps drop. With that consumer confidence will rise. Experts are predicting this will happen in the second half of 2023.   

There is a feeling that January and February may continue to see low housing prices, although that may be affected as people are reluctant to list their homes - housing scarcity may  result in lots of bidding wars!

 I’m continuing to see well priced, beautifully presented and renovated sell over asking price as they attract multiple buyers.  

An artificially low listing price may still continue to attract multiple offers, too.  

 And with prices lower in many first time home buyer price ranges, there is competition for homes that represent great value.