215 Lonsmount Drive, Toronto, ON

Forest Hill South, Toronto · MLS® C13021760

$4,995,000
For Sale
Listed 88 days ago
Request a showing
◎ Directions
5Bedrooms
6Bathrooms
3Parking
3000-3500Sq Ft

About this home

Contemporary Residence Nestled On A Private Lush Ravine Setting. Spectacular Residence Which Redefines Modern Living. Every Detail Crafted For Comfort, Style, And Function. This Stunning Home Offers The Perfect Blend Of Space And Sophistication. Heated Driveway. Architectural Oversized Slab Entry Door. Professionally Landscaped To The Tens. Entertainer's Paradise. Premium Finishes And Seamless Flow Throughout. High-End Living. Chocolate Brown Gourmet Kitchen, Breakfast Bar Overlooking Family Room, Spa-Inspired Bathrooms, And Cozy Media Retreat. Outstanding Custom Outdoor Kitchen, Expansive Patio, Black Bottom Pool, Glass Railings Overlooking Ravine, Dramatic Exterior Lighting, Tree-Lined Emerald Cedar Hedges, And Sports Court. Resort Style Outdoor Living And And Recreation. Just Steps To Renowned Private And Public Schools, Shops, And Eateries.

Key facts

Property type
Detached, 2-Storey
MLS®
C13021760
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
3000-3500
Lot
36.5 × 156.91 ft
Cross streets
Bathurst and St. Clair
Parking
3 parking
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$18,626 / 2025
Days on market
88
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Bedroom 2Second3.60 × 4.08 m

b/i closet · 3 pc ensuite · built-in speakers

BedroomBasement4.32 × 6.12 m

walk-in closet(s) · broadloom · above grade window

Bedroom 3Second3.74 × 3.47 m

hardwood floor · b/i closet · 3 pc ensuite

Bedroom 4Second3.60 × 3.00 m

window · hardwood floor · overlooks backyard

Living RoomMain4.38 × 7.34 m

overlooks frontyard · built-in speakers · hardwood floor

SittingBasement3.38 × 6.82 m

broadloom · pot lights · 3 pc bath

Dining RoomMain3.68 × 5.82 m

hardwood floor · overlooks frontyard · fireplace

Family RoomMain3.56 × 5.24 m

fireplace · hardwood floor · overlooks backyard

RecreationBasement8.20 × 4.38 m

wet bar · broadloom · pot lights

KitchenMain8.56 × 3.68 m

centre island · stainless steel appl · breakfast area

Primary BedroomSecond4.38 × 7.34 m

walk-in closet(s) · 5 pc ensuite · hardwood floor

Moe’s TakeTeam Asgarian · Broker
In line
$5.62Mest. value

Listed at $4,995,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.07M, lower 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 $8.50M
  • Size difference −$1.79M
  • Bedrooms −$30K
  • Bathrooms +$15K
  • Adjusts to $6.70M

That comparable adjusts to $6.70M; the $5.62M estimate above is the median of all 6 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. Bathurst St at Lonsdale Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$4.08MGreat deal$6.66MOverpriced

Total price vs nearby homes. Fair value about $5.62M, median of 6 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in Forest Hill South · asking prices
$6.11Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

307 Richview Avenue$6.70M7 Ridgewood Road$5.90M35 Gardiner Road$4.95M8 Tarlton Road$4.50M48 Old Forest Hill Road$8.49M

The 5 closest of 6 active listings nearby.

See all comparable homes
5.00MThis home6.70M5.90M4.95M4.50M8.49MThis home vs active comparables
Live market pulseActive comparables in Forest Hill South · median list $6.70M
$1,537this home / sqft
5active listings nearby
88days on market

This home lists 5% below the area average of $1,626/sqft.

87 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Forest Hill South, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

81/ 100

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: Bathurst St at Lonsdale Rd, about 170 m away

20+ transit stops4 grocery20+ dining20+ parks16 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M
Wexford-Maryvale
$865K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Holy Rosary
89%
Holy RosaryCatholic · Elementary · 0.5 km awayHigher-rated than most nearby · 89% meet the provincial standard
Forest Hill Junior and Senior Public SchoolEQAO results not published
Forest Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$22,766/mo
$916KIncome needed
5.5×Price ÷ income
$5,254Weekly cost
20% down4.79%25-yr amortization

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.

94%mortgage
Mortgage $22,766Property tax $1,552Total carry $24,318

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$21,324per month

Mortgage amount $3,996,000 · 4.14% over 25 years

$999,000Down payment (20.0%)
$3,996,000Loan before insurance
$0CMHC premium
$22,876Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$21,324
Property tax
$1,552
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$22,876

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$111,350
Toronto municipal land transfer tax
$141,250
Estimated closing costs
$252,600

Plus your down payment of $999,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$25,900/monthPayment at the qualifying rate

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

$2,401,242Total interest paid
$6,397,242Total of all payments
Principal $3,996,000 Interest $2,401,242
YearPrincipalInterestBalance
1$93,612$162,277$3,902,388
2$97,528$158,362$3,804,859
3$101,608$154,282$3,703,252
4$105,858$150,032$3,597,394
5$110,286$145,604$3,487,108
6$114,899$140,991$3,372,210
7$119,705$136,185$3,252,505
8$124,712$131,178$3,127,793
9$129,928$125,961$2,997,865
10$135,363$120,527$2,862,502
11$141,025$114,865$2,721,477
12$146,924$108,966$2,574,553
13$153,069$102,820$2,421,484
14$159,472$96,418$2,262,012
15$166,143$89,747$2,095,869
16$173,092$82,798$1,922,777
17$180,332$75,557$1,742,445
18$187,875$68,014$1,554,569
19$195,734$60,156$1,358,836
20$203,921$51,969$1,154,914
21$212,451$43,439$942,464
22$221,337$34,552$721,126
23$230,596$25,294$490,531
24$240,241$15,649$250,290
25$250,290$5,600$0

At the end of your 5-year term

Total paid over the term
$1,279,448
Principal paid down
$508,892
Interest paid
$770,557
Balance remaining
$3,487,108

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.

Let's connect

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

Rental yield
Estimate$6,300/mo
$75,600Gross annual rent
0.9%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.5%
Gross yield
− Property tax $18,626− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $47,258

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.

CallRequest a showing