9 Dewbourne Avenue, Toronto, ON
Forest Hill South, Toronto · MLS® C12992952
About this home
A rare Forest Hill offering, this custom residence showcases over 8,000 square feet of beautifully finished living space across five levels, all serviced by an elevator. Built in 2017 and extensively refined, the home offers exceptional scale, comfort, and craftsmanship. Grand principal rooms flow seamlessly for both everyday living and entertaining, anchored by a top-tier chef's kitchen, inviting family room, main floor library, dining room, and lounge with custom cabinetry and bar fridges. The second level features a sumptuous primary suite with his/her 3-piece and 5-piece ensuites and separate dressing rooms, along with four additional bedrooms, each with its own ensuite. Designed for complete lifestyle living, the lower level includes a home theatre, glass-enclosed gym, recreation room with bar, large wine cellar, and nanny suite. Outdoor living is equally impressive, with a stunning pool and hot tub, 2-piece washroom off the pool deck and cooking hub. An oversized double garage with pet spa and the convenience of a mud room completes this exceptional home, ideally located near top schools, parks, and local amenities.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C12992952
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 10 (3 half)
- Size
- 5,000 sq ft
- Lot
- 60 × 120 ft
- Cross streets
- Old Forest Hill Road / Glenayr Road
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Other
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $41,399 / 2025
- Days on market
- 95
- Listing brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Rooms
combined w/dining · large window · b/i shelves
b/i shelves · open concept
his and hers closets · 6 pc ensuite · 3 pc ensuite
hardwood floor · b/i bookcase · gas fireplace
walk-in closet(s) · 3 pc ensuite · hardwood floor
skylight · open concept · hardwood floor
panelled · coffered ceiling(s) · b/i bookcase
3 pc ensuite · double closet · window
built-in speakers · broadloom · led lighting
glass doors · cushion floor · above grade window
walk-in closet(s) · 3 pc ensuite · hardwood floor
combined w/living · b/i shelves · b/i bar
centre island · overlooks family · pantry
walk-in closet(s) · 3 pc ensuite · hardwood floor
hardwood floor · w/o to pool · overlooks garden
walk-in closet(s) · 3 pc ensuite · hardwood floor
Listed at $12,700,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 18 similar homes nearby, adjusted for size, beds, and baths.Median of 18 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $10.19M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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, listed at $8.89M
- Bedrooms −$30K
- Bathrooms +$45K
- Adjusts to $8.90M
That comparable adjusts to $8.90M; the $9.71M estimate above is the median of all 18 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a very walkable address with everyday errands close by. Eglinton Ave West at Old Forest Hill Rd East Side is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $9.71M, median of 18 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Elevator: rare and valuable for accessibility and resale.
- Value driver
- Weigh carefully
- Lifestyle
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 18% above the area average of $2,159/sqft.
94 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
Very WalkableA 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Eglinton Ave West at Old Forest Hill Rd East Side, about 287 m away
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 17, 2026); conventional rates run a little higher.
Mortgage amount $10,160,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $54,218
- Property tax
- $3,450
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $57,667
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $303,975
- Toronto municipal land transfer tax
- $591,975
- Estimated closing costs
- $895,950
Plus your down payment of $2,540,000. 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
- $3,253,052
- Principal paid down
- $1,293,878
- Interest paid
- $1,959,173
- Balance remaining
- $8,866,122
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
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 CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.