221 Dunvegan Road, Toronto, ON
Forest Hill South, Toronto · MLS® C13109682
About this home
Introducing 221 Dunvegan Road, an extraordinary Forest Hill residence that captures the essence of modern luxury. Crafted to an exceptional standard by one of the area's most respected builders, this home blends architectural sophistication with a warm, livable design, creating a setting that feels both impressive and deeply inviting.With an expansive layout across four levels, the home offers 8,719 square feet of beautifully designed interior space, including seven generous bedrooms and eight elegantly finished bathrooms. Soaring ceilings, bespoke detailing, and refined finishes create a sense of understated elegance throughout, while each space has been thoughtfully designed to support both intimate daily living and effortless entertaining. An elevator connects every level, adding to the comfort and ease of its design.The true centerpiece is the seamless flow between indoors and outdoors. Multiple walkouts open onto a private backyard retreat complete with landscaped gardens, a sparkling pool, a relaxing hot tub, and generous spaces for lounging or dining.Practical comforts have been integrated with the same level of care, including a two-car garage and additional parking for four on a heated driveway, making everyday living feel seamless.Set within one of Toronto's most prestigious neighbourhoods, just moments from leading schools, shops, and local amenities, 221 Dunvegan Road offers a rare combination of privacy, prestige, and timeless appeal.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13109682
- Bedrooms
- 7 (6 + 1)
- Bathrooms
- 8 (1 half)
- Size
- 5,000 sq ft
- Lot
- 50 × 166.4 ft
- Cross streets
- Spadina Rd & Eglinton Ave
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Unknown
- Roof
- Slate
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $51,255 / 2025
- Days on market
- 67
- Listing brokerage
- PSR
Rooms
hardwood floor · halogen lighting · w/o to deck
window · closet · 3 pc ensuite
hardwood floor · gas fireplace · window
stainless steel appl · w/o to patio · pantry
w/o to yard · mirrored walls
4 pc ensuite · hardwood floor · closet
3 pc ensuite · walk-in closet(s) · broadloom
hardwood floor · french doors · b/i shelves
3 pc ensuite · walk-in closet(s) · broadloom
closet · broadloom
w/o to yard · halogen lighting · hardwood floor
walk-in closet(s) · broadloom
broadloom · halogen lighting
hardwood floor · crown moulding · walk-thru
6 pc ensuite · walk-in closet(s) · w/o to deck
Listed at $13,999,000, 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 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 $15.68M, 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 $8.89M
- Bathrooms +$15K
- Adjusts to $8.90M
That comparable adjusts to $8.90M; the $12.83M 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 location, this is a very walkable address with everyday errands close by. Chaplin Cres at Duncannon Dr East Side is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $12.83M, 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Elevator: rare and valuable for accessibility and resale.
- Weigh carefully
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 10% below the area average of $3,107/sqft.
66 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: Chaplin Cres at Duncannon Dr East Side, about 204 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 $11,199,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $59,763
- Property tax
- $4,271
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $64,034
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $336,450
- Toronto municipal land transfer tax
- $676,410
- Estimated closing costs
- $1,012,860
Plus your down payment of $2,799,800. 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
- $3,585,785
- Principal paid down
- $1,426,221
- Interest paid
- $2,159,565
- Balance remaining
- $9,772,979
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 PSR. MLS®/PropTx.