Rarely Offered - Welcome to this one-of-a-kind Fully Renovated Home Nestled on a Ravine Lot in a quiet, family-friendly court Bayview Village** 80' x 200' South Ravine Lot ** Approx 4500 Sq Feet Living Space - Ravine View W/150sf Sun-Room - Offering the Feel of a serene Green Cottage Right In the City* 2 Furnaces* Pots Light T/O* Modern Kitchen featuring a Striking waterfall-edge Ctr Island W/Chef Collection of Appliances* Generously Sized Bedrooms W/Ample Closet Space* The Exceptional Sun Room W/Large Windows Framing Stunning Four Season Ravine View*Tastefully Renovated Bathrooms Featuring Toto Toilets w/heated seats and heated wall Mirrors -a Blend of style comfort and modern convenience* Pro Finished basement W/Master Ensuite / Office/ Den and Huge Rec Rm walk-out to Garden* Back W/Oversized Garage and Driveway* Great School Zone** Feel Like Muskoka In The City**
3 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $1,844 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 55 Forest Grove Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
2000-2500 sq ftas stated on the listing
Lot size
80.00 x 200.00 Feet (Pies Out Opens To 100 Feet. Per Survey)
Parking
8 spacesYes garage
Basement
Finished, Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Finished · Walk-Out
Lot & land
Lot dimensions
80.00 x 200.00 Feet (Pies Out Opens To 100 Feet. Per Survey)
Lot size (sqft)
0
Lot features
Irregular Lot
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
55 Forest Grove Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$18,118
/mo
based on the purchase price of $3,688,000
$737,600 cash
$2,950,400 financed
$2,485,011 total interest
Principal54%$2,950,400
Interest46%$2,485,011
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 4–5 bed homes for sale in Toronto around $3.7M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,139Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
55 Forest Grove Dr is listed at $3,688,000 (MLS® C13762648). Summitly updates the price as soon as the MLS® record changes.
Is $3,688,000 a good price for 55 Forest Grove Dr?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 55 Forest Grove Dr changed?
No — 55 Forest Grove Dr is still listed at its original asking price of $3,688,000.
How many bedrooms and bathrooms does 55 Forest Grove Dr have?
55 Forest Grove Dr has 3 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Toronto.
Is 55 Forest Grove Dr close to transit?
The nearest rapid-transit station is Bessarion Station (Line 4), about 1.1 km (about a 14-minute walk) in a straight line. Leslie Station is about 1.3 km (about a 17-minute walk), and Bayview Station is about 1.6 km (about a 20-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 55 Forest Grove Dr?
About $18,118 a month — principal and interest on $3,688,000 with 20% down ($737,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 55 Forest Grove Dr compare with other homes in Toronto?
Its asking price of $3,688,000 is about 339% above the median sold price in Toronto over the last 90 days, $840,000, across 9,511 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 55 Forest Grove Dr been sold before?
Yes — Summitly has 1 earlier MLS® listing of 55 Forest Grove Dr on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 55 Forest Grove Dr?
55 Forest Grove Dr is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 55 Forest Grove Dr been on the market?
47 days — 55 Forest Grove Dr was listed on September 9, 2026.
What is the price per square foot of 55 Forest Grove Dr?
About $1,475 to $1,844 per square foot: the asking price of $3,688,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 55 Forest Grove Dr have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.