141 Old Forest Hill Road, Toronto, ON

Forest Hill North, Toronto · MLS® C13119552

$3,889,000
For Sale
Listed 66 days ago
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6Bedrooms
4Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

141 Old Forest Hill Rd - where timeless Forest Hill charm meets refined modern luxury. Tucked into one of Toronto's most prestigious and coveted neighbourhoods, this exceptional family residence has been completely reimagined with incredible care, craftsmanship, and attention to detail. Every inch of this home reflects thoughtful design while still preserving the warmth and elegance that make Old Forest Hill so iconic. One of the true standout features of this spectacular home is the breathtaking full family room addition - an incredible space flooded with natural light that seamlessly connects indoor and outdoor living. Oversized windows frame the stunning backyard views, while the walkout creates the perfect setting for entertaining, relaxing, and everyday family life. Offering exceptional flexibility for growing families, the home also has the ability to function as a 5-bedroom residence, providing incredible space and versatility in one of Toronto's most sought-after neighbourhoods. And then there's the backyard. Rarely does a property in the heart of Toronto offer this kind of privacy, scale, and atmosphere. Surrounded by mature trees and lush greenery, the outdoor space feels more like a luxury retreat in the middle of a forest than a city property. Whether you're enjoying summer days by the pool, hosting unforgettable gatherings, or simply taking in the serenity of the setting, this backyard delivers a feeling that is almost impossible to replicate in the city. Expansive green space, incredible privacy, and a true connection to nature make this one of the most special outdoor settings in Forest Hill. Inside, the home offers beautiful principal rooms, luxurious finishes, and the perfect blend of character and modern functionality for today's family lifestyle. A home that has been lovingly renovated and curated for those who appreciate quality, space, and timeless design. Located in arguably the best pocket of Toronto, moments to top private schools, park.

Key facts

Property type
Detached, 2-Storey
MLS®
C13119552
Bedrooms
6 (5 + 1)
Bathrooms
4 (1 half)
Size
3500-5000
Lot
65 × 151 ft
Cross streets
Old Forest Hill Rd/Eglinton
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out
Heating
Water
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$16,000 / 2025
Days on market
66
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Primary BedroomUpper5.64 × 4.14 m

6 pc bath · walk-in closet(s) · pot lights

Living RoomMain4.43 × 6.26 m

pot lights · open concept · hardwood floor

Dining RoomMain4.27 × 4.37 m

combined w/living · combined w/sunroom · pot lights

SunroomMain3.70 × 2.29 m

overlooks pool · w/o to garden · pot lights

BreakfastMain3.18 × 4.38 m

stone floor · pot lights · overlooks family

KitchenMain2.57 × 5.33 m

pot lights · stone floor · stone counters

FoyerMain2.48 × 5.57 m

pot lights · stone floor · b/i closet

Family RoomMain5.74 × 3.94 m

overlooks pool · gas fireplace · w/o to deck

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$5.44Mest. value

Listed at $3,889,000, this home is tracking about 29% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.60M, lower than the comparables and worth a second look.

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 $5.80M
  • Bedrooms +$30K
  • Bathrooms −$45K
  • Adjusts to $5.79M

That comparable adjusts to $5.79M; the $5.44M estimate above is the median of all 7 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 is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$3.89MGreat deal$5.79MOverpriced

Total price vs nearby homes. Fair value about $5.44M, median of 7 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.
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in Forest Hill North · asking prices
$5.03Mavg asking

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

171 Old Forest Hill Road$3.50M115 Whitmore Avenue$3.70M157 Old Forest Hill Road$7.90M

The 3 closest active listings nearby.

See all comparable homes
3.89MThis home3.50M3.70M7.90MThis home vs active comparables
Live market pulseActive comparables in Forest Hill North · median list $3.70M
$915this home / sqft
7active listings nearby
66days on market

This home lists 31% below the area average of $1,331/sqft.

65 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 North, 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

80/ 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: Eglinton Ave West at Old Forest Hill Rd, about 105 m away

20+ transit stops4 grocery20+ dining20+ parks17 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.

Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M
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 Our Lady of the Assumption
54%
Our Lady of the AssumptionCatholic · Elementary · 1.7 km awayBelow the GTA average · 54% meet the provincial standard
West Preparatory Junior Public SchoolEQAO results not published
Forest Hill Junior and Senior Public SchoolEQAO results not published
Forest Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$17,725/mo
$718KIncome needed
5.4×Price ÷ income
$4,090Weekly 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.

93%mortgage
Mortgage $17,725Property tax $1,333Total carry $19,058

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)
$16,603per month

Mortgage amount $3,111,200 · 4.14% over 25 years

$777,800Down payment (20.0%)
$3,111,200Loan before insurance
$0CMHC premium
$17,936Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,603
Property tax
$1,333
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,936

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

One-time closing costs

Ontario land transfer tax
$83,700
Toronto municipal land transfer tax
$92,590
Estimated closing costs
$176,290

Plus your down payment of $777,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,165/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

$1,869,555Total interest paid
$4,980,755Total of all payments
Principal $3,111,200 Interest $1,869,555
YearPrincipalInterestBalance
1$72,885$126,346$3,038,315
2$75,933$123,297$2,962,382
3$79,110$120,121$2,883,272
4$82,419$116,812$2,800,854
5$85,866$113,364$2,714,988
6$89,458$109,773$2,625,530
7$93,200$106,031$2,532,331
8$97,098$102,132$2,435,233
9$101,159$98,071$2,334,074
10$105,391$93,840$2,228,683
11$109,799$89,431$2,118,884
12$114,392$84,838$2,004,492
13$119,177$80,054$1,885,315
14$124,162$75,069$1,761,154
15$129,355$69,875$1,631,799
16$134,766$64,464$1,497,033
17$140,403$58,827$1,356,630
18$146,276$52,955$1,210,354
19$152,394$46,836$1,057,960
20$158,769$40,462$899,192
21$165,410$33,821$733,782
22$172,328$26,902$561,454
23$179,537$19,693$381,917
24$187,046$12,184$194,870
25$194,870$4,360$0

At the end of your 5-year term

Total paid over the term
$996,151
Principal paid down
$396,212
Interest paid
$599,939
Balance remaining
$2,714,988

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$7,350/mo
$88,200Gross annual rent
1.6%Est. cap rate

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 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.

2.3%
Gross yield
− Property tax $16,000− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $61,098

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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