Forest Hill and Cedarvale sit at the apex of Toronto’s residential renovation market. Here’s the 2026 picture.
What defines this market:
Forest Hill buyers have the highest renovation investment expectations in the GTA. What would be considered luxury renovation in most Toronto neighbourhoods is mid-range here. The market rewards quality, authenticity, and design sophistication.
Investment benchmarks (2026):
- Kitchen: $120,000–$250,000+
- Master bathroom: $60,000–$130,000+
- Full renovation: $600,000–$1,500,000+
- Outdoor living system: $150,000–$400,000+
Housing stock characteristics:
1920s–1960s custom homes, many with Tudor, Colonial Revival, and Georgian architecture. Mature tree canopy. Ravine-adjacent lots in some streets. The homes were built to high standards originally — renovation reveals quality original construction alongside 60+ year-old mechanical systems.
What’s being built:
- Spa master bathrooms with steam showers, heated floors, freestanding tubs
- Custom kitchens with high-end integrated appliances (Sub-Zero, Wolf, Miele)
- Full basement entertainment suites (home theatre, wine cellar, gym)
- Complete outdoor living systems
- Second-storey master additions where original footprint didn’t include one
Heritage and zoning:
Some Forest Hill properties have heritage overlay. Ravine lot regulations apply to some properties — check before any backyard work.
Share your Forest Hill renovation — project scope and design choices.
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