39 Burton Road, Toronto, ON

Forest Hill South, Toronto · MLS® C13033644

$10,180,000
For Sale
Listed 86 days ago
5Bedrooms
7Bathrooms
2Garage · 9 parking
5,000Sq Ft

About this home

39 Burton Road is a landmark residence, gracefully positioned within one of the most exclusive and prestigious enclaves in Forest Hill. Set on a rare 100x170.5 FT lot, this extraordinary estate offers appx 5,982 SF above grade plus partially renovated lower level, presenting a remarkable opportunity for both luxury living and scarcity investment. The expansive 17,000 SF grounds are nestled with a dense canopy of mature trees and exquisitely landscaped gardens that provide a private and sensational oasis. Approved severance allows two premium lots, effectively transforming one prominent residence into two and maximizing land value on one of the finest streets. The current mansion was built for an exceptional luxurious lifestyle that balances sumptuous entertaining and personal relaxation. Indulgence recreational amenities highlight an indoor saltwater pool, a circular hot tub, and a sauna that opens to a serene alfresco retreat for maximum comfort and wellness. Originally a Georgian, the mansion was reimagined by acclaimed architect Stanley Shenkman and interior designer Robert Dirstein into an epic modernist statement, defined by bold geometry, sweeping curves, and flat rooflines. Recognized for its distinctive aesthetic, once-famous black-changing-to-white exterior, the residence became a design icon after the radical redesign. Today, the home reflects a celebrated eclecticism and modernism, starring a teak paneled foyer, retro mid-century details, wall-to-wall windows and extensive use of skylights that bathed interiors with natural light. This excellent location is also known for its extreme proximity to walkable social hubs, places of worship, and top-tier schools such as UCC, BSS, Holy Rosary, St Michael's, Robbins, Bialik, Leo Baeck, Forest Hill CI and more. Rich in architectural significance and cultural character, the legendary residence is a rarity offering in a highly coveted row renowned for its affluent scale, influential prestige, and enduring grandeur.

Key facts

Property type
Detached, 2-Storey
MLS®
C13033644
Bedrooms
5 (4 + 1)
Bathrooms
7 (1 half)
Size
5,000 sq ft
Lot
100 × 170.5 ft
Cross streets
Old Forest Hill/Spadina Rd
Parking
2 garage · 9 parking (built-in)
Driveway
Circular Drive
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Pool
Indoor
Property tax
$32,944 / 2025
Days on market
86
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

BedroomLower3.65 × 5.38 m

ensuite bath · closet · b/i shelves

Bedroom 4Second4.44 × 4.26 m

broadloom · pot lights · picture window

Bedroom 2Second5.43 × 3.83 m

ensuite bath · picture window · b/i shelves

BreakfastMain3.91 × 3.86 m

tile floor · picture window · open concept

OfficeMain3.93 × 4.82 m

hardwood floor · fireplace · picture window

KitchenMain6.45 × 4.54 m

centre island · breakfast bar · track lighting

Family RoomMain5.00 × 8.22 m

hardwood floor · picture window · b/i shelves

Primary BedroomSecond5.00 × 8.07 m

ensuite bath · walk-in closet(s) · sauna

RecreationLower4.90 × 8.68 m

fireplace · pot lights · open concept

Bedroom 3Second4.47 × 5.05 m

hardwood floor · picture window · walk-in closet(s)

Living RoomMain8.11 × 5.10 m

hardwood floor · fireplace · w/o to terrace

Dining RoomMain4.47 × 5.05 m

broadloom · pot lights · mirrored walls

Moe’s TakeTeam Asgarian · Broker
In line
$9.55Mest. value

Listed at $10,180,000, this home is within the range of comparable homes, on the higher 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 $6.78M, 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 $12.29M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $12.34M

That comparable adjusts to $12.34M; the $9.55M 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Burton Rd is about a 3-minute walk away.

List price
$8.15MGreat deal$11.91MOverpriced

Total price vs nearby homes. Fair value about $9.55M, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • 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.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in Forest Hill South · asking prices
$9.27Mavg asking

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

11 Ridgewood Road$9.20M41 Old Forest Hill Road$11.90M307 Richview Avenue$6.70M

The 3 closest active listings nearby.

See all comparable homes
10.18MThis home9.20M11.90M6.70MThis home vs active comparables
Live market pulseActive comparables in Forest Hill South · median list $9.20M
$2,036this home / sqft
6active listings nearby
86days on market

This home lists 5% above the area average of $1,940/sqft.

85 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

69/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Burton Rd, about 210 m away

20+ transit stops4 grocery20+ dining20+ parks20+ 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 · 0.9 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
$46,397/mo
$1847KIncome needed
5.5×Price ÷ income
$10,707Weekly 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 $46,397Property tax $2,745Total carry $49,142

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)
$43,459per month

Mortgage amount $8,144,000 · 4.14% over 25 years

$2,036,000Down payment (20.0%)
$8,144,000Loan before insurance
$0CMHC premium
$46,205Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$43,459
Property tax
$2,745
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$46,205

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

One-time closing costs

Ontario land transfer tax
$240,975
Toronto municipal land transfer tax
$428,175
Estimated closing costs
$669,150

Plus your down payment of $2,036,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$52,785/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

$4,893,822Total interest paid
$13,037,822Total of all payments
Principal $8,144,000 Interest $4,893,822
YearPrincipalInterestBalance
1$190,786$330,727$7,953,214
2$198,766$322,747$7,754,448
3$207,080$314,433$7,547,368
4$215,742$305,771$7,331,626
5$224,766$296,747$7,106,860
6$234,168$287,345$6,872,692
7$243,963$277,550$6,628,729
8$254,167$267,346$6,374,562
9$264,799$256,714$6,109,763
10$275,875$245,638$5,833,888
11$287,414$234,099$5,546,474
12$299,436$222,076$5,247,038
13$311,961$209,551$4,935,076
14$325,010$196,503$4,610,066
15$338,605$182,908$4,271,461
16$352,768$168,745$3,918,693
17$367,524$153,989$3,551,169
18$382,897$138,616$3,168,272
19$398,913$122,600$2,769,359
20$415,599$105,914$2,353,760
21$432,983$88,530$1,920,777
22$451,094$70,419$1,469,683
23$469,962$51,550$999,721
24$489,620$31,893$510,100
25$510,100$11,413$0

At the end of your 5-year term

Total paid over the term
$2,607,564
Principal paid down
$1,037,140
Interest paid
$1,570,424
Balance remaining
$7,106,860

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$10,500/mo
$126,000Gross annual rent
0.8%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.

1.2%
Gross yield
− Property tax $32,944− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $77,796

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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