8 Killarney Road, Toronto, ON
Forest Hill South, Toronto · MLS® C13004082
About this home
Beautiful 6+1 Bedroom Residence, Offering Timeless 1935 Georgian Centre Hall Design With Seamless Flow And Elevated Family Living. Positioned On A Prime 46 x 150 Ft South-Facing Lot Without A Sidewalk, Surrounded By Prestigious Estate Homes. An Impressive Foyer With Soaring 18-Ft Ceiling And Curved Staircase Introduces The Home's Refined Character. The Main Floor Showcases 9-Ft Ceilings, Rich Hardwood Floors, And Elegant Principal Rooms, Including A Sophisticated Living Area With Marble Fireplace, Integrated Audio, Projector, And Retractable Screen. The Inviting Family Room Features Custom Millwork, Ambient Cove Lighting, Fireplace, And Direct Access To A Generous Entertainer's Deck. A Sun-Filled Dining Room With Expansive Windows Is Perfect For Hosting. The Chef's Kitchen Is Appointed With Heated Italian Stone Floors, Premium Stone Surfaces, Centre Island, Sub-Zero Refrigerator, Wolf Range, Thermador Hood, And Miele Appliances, With French Doors Opening Outdoors. The Upper Level Primary Retreat Offers A Walk-In Closet, Luxurious 6-Piece Ensuite, And Private Terrace. A Home Office Extends To A Spacious Deck With Hot Tub Potential. Each Additional Bedroom Includes Its Own Ensuite And Walk-In Closet. The Third Floor Provides Two More Bedrooms, A Bright Skylit Lounge/Media Space, And Shared Bath-Ideal For Growing Families Or Guests. The Fully Finished Lower Level Includes Heated Floors, A Recreation Room With Fireplace, Gym, Wine Cellar, Laundry, Private Nanny Suite, And Separate Entrance. Additional Highlights Include Crestron Smart Home Integration, Tankless Water Heater, New Garage Door, Hot Tub, And Built-In Sound System. Steps To UCC, BSS, Forest Hill Village, Parks, And Transit. An Exceptional Opportunity To Own A Grand And Functional Home In One Of Toronto's Most Prestigious Neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13004082
- Bedrooms
- 7 (6 + 1)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500
- Lot
- 46 × 150 ft
- Cross streets
- Kilbarry Rd & Avenue Rd
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $27,215 / 2025
- Days on market
- 94
- Listing brokerage
- MANORLEAD GROUP INC.
Rooms
overlooks backyard · hardwood floor · built-in speakers
closet · broadloom · overlooks frontyard
walk-in closet(s) · 6 pc ensuite · broadloom
l-shaped room · broadloom · picture window
fireplace · b/i bookcase · hardwood floor
4 pc ensuite · walk-in closet(s) · broadloom
broadloom · california shutters · 4 pc bath
w/o to deck · b/i bookcase · hardwood floor
combined w/kitchen · built-in speakers · halogen lighting
centre island · w/o to deck · stone floor
built-in speakers · halogen lighting · hardwood floor
Listed at $5,780,000, 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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $5.84M, higher than the comparables and worth a second look. 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 $3.90M
- Bathrooms +$30K
- Adjusts to $3.93M
That comparable adjusts to $3.93M; the $4.53M estimate above is the median of all 5 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 schools, this address is zoned for North Toronto Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On 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.
Total price vs nearby homes. Fair value about $4.53M, median of 5 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Heated floors: comfort and a premium-finish signal.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Income potential
- Value driver
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 15% above the area average of $1,550/sqft.
92 days longer than the Toronto average (2 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 $4,624,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $24,675
- Property tax
- $2,268
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $26,943
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $130,975
- Toronto municipal land transfer tax
- $184,375
- Estimated closing costs
- $315,350
Plus your down payment of $1,156,000. 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
- $1,480,523
- Principal paid down
- $588,867
- Interest paid
- $891,655
- Balance remaining
- $4,035,133
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 MANORLEAD GROUP INC.. MLS®/PropTx.