607 Spadina Road, Toronto, ON
Forest Hill South, Toronto · MLS® C12971490
About this home
**Discover the charm of 607 Spadina Road, this elegant Forest Hill Tudor, and classic curb appeal residence is filled with character and abundant natural light, nestled in prestigious Forest Hill Village and one of Toronto's most desirable neighbourhood. Boasting a 50Ft frontage land, 3+1 bedrooms and a functional floor plan with a separate entrance to a potential rental income basement ($$$), offering recent update features (newer kitchen and newer 2nd kitchen -basement, newer washrooms, newer interlocking widen driveway and landscaped front yard). The classic principal rooms and charming interior characters are ideal to create a timeless elegance. A cozy study area extends the living room space, providing ample space for family gathering, direct walk-out to the enchanting garden. You are invited to a formal dining room, effortlessly flow to an updated kitchen. The cozy and updated kitchen in a soft colour palette is a culinary enthusiast's delight, providing a breakfast area. The second floor hosts three well-appointed bedrooms and two bathrooms. The primary suite includes an own-ensuite laundry, 3pcs own ensuite and closet. The large and principal 2nd bedroom offers your private spaces. The upper deck extends these living spaces outdoors, creating an evening gatherings or quiet moments alone. The lower level provides a versatile option to extend your family living space or to rent-out to a potential income. This home is situated steps away from the vibrant amenities of Forest Hill Village Street and Enjoy proximity to top-rated schools, parks, public transit and downtown. Walking distance to Eglinton LRT. and close to restaurants, shops, Forest Hill Public School, Forest Hill Collegiate, BSS, UCC and more!!!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C12971490
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 50 × 68.91 ft
- Cross streets
- S.Old Forest Hill Rd/Spadina Rd/S.Eglinton Ave
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Finished, Full, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Radiant
- A/C
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Other
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $9,313 / 2026
- Days on market
- 105
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
w/o to balcony · window
Porcelain Floor
updated · stainless steel appl
porcelain floor · separate room
fireplace · hardwood floor · pot lights
3 pc ensuite · hardwood floor
hardwood floor · w/o to yard · overlooks backyard
hardwood floor · bay window
marble floor · combined w/rec
combined w/kitchen · marble floor
hardwood floor · window
Listed at $2,188,000, this home is about 25% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,250/sqft) is below the area, so you are paying for extra space rather than a premium.
In Forest Hill South lately, sellers have been getting about 97% of asking and homes sell in about 28 days.
There were not many closely comparable homes right in Forest Hill South, so I widened the search to the surrounding area.
Based on 81 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 81 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.88M, a close match.
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, sold for $1.73M
- Bathrooms −$15K
- Adjusts to $1.72M
That comparable adjusts to $1.72M; the $1.75M estimate above is the median of all 81 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Total price vs nearby homes. Fair value about $1.75M, median of 81 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Primary suite: a key comfort and resale feature. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 28% below the area average of $1,743/sqft.
104 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.
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 22, 2026); conventional rates run a little higher.
Mortgage amount $1,750,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,341
- Property tax
- $776
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,117
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $41,175
- Toronto municipal land transfer tax
- $41,175
- Estimated closing costs
- $82,350
Plus your down payment of $437,600. 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
- $560,447
- Principal paid down
- $222,914
- Interest paid
- $337,533
- Balance remaining
- $1,527,486
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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.