428 Russell Hill Road, Toronto, ON
Forest Hill South, Toronto · MLS® C12885682
About this home
For those who appreciate architecture that stands apart, this distinctive Forest Hill residence offers a refreshing departure from the ordinary. Inspired by West Coast design, the home introduces a rare sense of openness, natural light, and architectural flair to one of Toronto's most prestigious neighbourhoods. Set on an extraordinary 50 x 183 foot west facing lot, the landscaped grounds create a private outdoor retreat featuring a striking gunite pool with waterfall and a fully equipped cabana with kitchen and washroom, perfect for effortless summer entertaining. Inside, approximately 6,000 square feet of thoughtfully designed living space unfolds across multiple levels. A substantial three storey addition enhances the home while preserving its charm. The main floor presents elegant principal rooms including a gracious living room, formal dining room, and a refined library with wood burning fireplace. A spacious family room with floor to ceiling windows overlooks the pool and gardens, creating a seamless connection between indoor and outdoor living. The kitchen is designed for both everyday comfort and entertaining, complete with breakfast area, servery, and a mudroom with convenient side entrance. The second floor features four well proportioned bedrooms along with a sun filled solarium spanning the rear of the home. The entire third level is dedicated to a private primary retreat with sitting room, balcony walkout, skylights, dressing area, and a luxurious six piece ensuite. The lower level offers a recreation room with walkout to the pool, sauna, exercise room, washroom, and abundant storage. A heated garage accommodates up to six vehicles with two lifts, complemented by a heated driveway and front steps. Located on one of Forest Hill's most coveted streets, moments to The Village and renowned schools including UCC, BSS, and South Prep, this is a home defined by character, design, and exceptional lifestyle.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C12885682
- Bedrooms
- 5
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000
- Lot
- 50.25 × 183.41 ft
- Cross streets
- Spadina Road & Kilbarry Road
- Parking
- 6 garage · 9 parking (attached)
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground, Outdoor
- Property tax
- $31,943 / 2025
- Days on market
- 124
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
b/i bookcase · b/i desk · semi ensuite
double closet · semi ensuite · large window
granite floor · walk-in closet(s) · walk-out
tile floor · large window · overlooks pool
hardwood floor · b/i bookcase · w/o to pool
double closet · semi ensuite · w/o to sunroom
granite floor · skylight · stainless steel appl
B/I Bookcase
hardwood floor · b/i bar · wet bar
hardwood floor · panelled · overlooks garden
granite floor · pantry · cathedral ceiling(s)
hardwood floor · fireplace · coffered ceiling(s)
double closet · semi ensuite · w/o to sunroom
hardwood floor · window floor to ceiling · w/o to pool
hardwood floor · fireplace · b/i bookcase
vaulted ceiling(s) · skylight · 6 pc ensuite
This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.
Ask Moe if this price is fairOn location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
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.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 0% above the area average of $1,739/sqft.
123 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Forest Hill South, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA 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.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $5,900,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $31,485
- Property tax
- $2,662
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $34,147
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $170,850
- Toronto municipal land transfer tax
- $272,100
- Estimated closing costs
- $442,950
Plus your down payment of $1,475,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,889,075
- Principal paid down
- $751,366
- Interest paid
- $1,137,709
- Balance remaining
- $5,148,634
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.