5 Dewbourne Avenue, Toronto, ON

Forest Hill South, Toronto · MLS® C13142424

$13,950,000
For Sale
Listed 153 days agoNo offer date statedSitting longer than typical
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5+1Bedrooms
6Bathrooms
2Garage · 8 parking
5,000Sq ft

About this home

In short

  • Welcome to 5 Dewbourne Avenue - a Lorne Rose - designed architectural masterpiece completed in 2023, nestled in the prestigious enclave of Forest Hill.
  • This bespoke contemporary estate on 63 ft south lot offers a seamless fusion of modern luxury and timeless sophistication, encompassing over 7800 sqft. of impeccably...
  • Featuring 5+1 BR with custom Poliform closets and 6 opulent bathrooms, the home is complete with a private home theatre, fitness studio, & mudroom, all thoughtfully...
  • A heated driveway with electric gate accommodates up to 6 vehicles, in addition to a heated 2-car garage.
  • Step outside to your own private resort: a professionally landscaped backyard oasis with a heated saltwater pool and spa, a covered terrace with Bromic radiant...

Welcome to 5 Dewbourne Avenue - a Lorne Rose - designed architectural masterpiece completed in 2023, nestled in the prestigious enclave of Forest Hill. This bespoke contemporary estate on 63 ft south lot offers a seamless fusion of modern luxury and timeless sophistication, encompassing over 7800 sqft. of impeccably crafted living space with 10-15ft ceiling heights throughout. Featuring 5+1 BR with custom Poliform closets and 6 opulent bathrooms, the home is complete with a private home theatre, fitness studio, & mudroom, all thoughtfully distributed across four spectacular levels & accessible by private elevator. A heated driveway with electric gate accommodates up to 6 vehicles, in addition to a heated 2-car garage.Floor-to-ceiling glass walls invite nature indoors, creating a seamless blend of light, space, & natural beauty. At the heart of the home lies a state-of-the-art Scavolini kitchen imported from Italy, paired with Gaggenau appliances & elegant Laminam porcelain surfaces-a chef's dream blending form & function. Thoughtfully designed interiors feature Rimadesio sliding glass doors, expansive windows, creating bright, airy spaces that flow effortlessly.Step outside to your own private resort: a professionally landscaped backyard oasis with a heated saltwater pool and spa, a covered terrace with Bromic radiant heating, integrated surround sound, and a fully equipped Urban Bonfire, outdoor kitchen and bar-ideal for entertaining or quiet relaxation.Additional highlights include fully integrated Control4 smart system, Radiant in-floor heating on the main and lower levels, heated bathroom floors, Hunter Douglas automated shades, 2 Lennox HVAC systems, Generac generator, & an automated irrigation system.Located just steps from Forest Hill Village & some of Toronto's top private and public schools, including UCC, BSS, & Forest Hill Collegiate, this residence is a rare offering in one of the city's most coveted neighbourhoods.

Key facts

Property type
Detached, 3-Storey
MLS®
C13142424
Bedrooms
5+1 (6 total)
Bathrooms
6 (1 half)
Size
5,000 sq ft
Lot
63 × 120 ft
Cross streets
Old Forest Hill Rd & Eglinton Ave W
Parking
2 garage · 8 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Heat Pump
A/C
Central Air
Exterior
Other, Stone
Foundation
Not Applicable
Roof
Slate
Sewer
Sewer
Pool
Inground
Property tax
$39,846 / 2025
Days on market
153
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Mud RoomMain0.00 × 0.00 m

concrete floor · window floor to ceiling · b/i shelves

Living RoomMain0.00 × 0.00 m

concrete floor · large window · b/i shelves

OfficeSecond0.00 × 0.00 m

Hardwood Floor

Dining RoomMain0.00 × 0.00 m

concrete floor · window · built-in speakers

Bedroom 2Second0.00 × 0.00 m

walk-in closet(s) · hardwood floor · 4 pc ensuite

KitchenMain0.00 × 0.00 m

overlooks garden · breakfast bar · family size kitchen

Exercise RoomBasement0.00 × 0.00 m

hardwood floor · mirrored walls · track lighting

Primary BedroomSecond0.00 × 0.00 m

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

Bedroom 4Third0.00 × 0.00 m

closet · hardwood floor · south view

Bedroom 3Second0.00 × 0.00 m

b/i closet · hardwood floor · 4 pc ensuite

Family RoomThird0.00 × 0.00 m

skylight · balcony · hardwood floor

Family RoomMain0.00 × 0.00 m

concrete floor · overlooks pool · large window

LaundryBasement0.00 × 0.00 m
Bedroom 5Third0.00 × 0.00 m

closet · hardwood floor · window

BedroomBasement0.00 × 0.00 m
FoyerMain0.00 × 0.00 m

2 pc bath · elevator · closet

Media RoomBasement0.00 × 0.00 m

built-in speakers · broadloom · south view

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Forest Hill South · asking prices
$7.32Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,564/sqft; this home lists at $2,790/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
13.95MThis home11.40M6.38M6.50M5.00MThis home vs active comparables

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.

Nearby neighbourhoods

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

Leaside
$2.15M
Banbury-Don Mills
$5.50M
Willowdale East
$2.29M
Woodbine-Lumsden
$949K
Bayview Village
$1.60M

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 · 1.7 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
Also nearby: 12 more schools within 2.5 km
Forest Hill Collegiate Institute · Public secondary0.4 km · 76% at standard
Forest Hill Junior and Senior Public School · Public elementary0.7 km · 82% at standard
North Preparatory Junior Public School · Public elementary0.7 km · 71% at standard
Cedarvale Community School · Public elementary0.9 km · 85% at standard
Oriole Park Junior Public School · Public elementary0.9 km · 100% at standard
West Preparatory Junior Public School · Public elementary1.1 km · 77% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.2 km · 74% at standard
Allenby Junior Public School · Public elementary1.3 km · 78% at standard
J R Wilcox Community School · Public elementary1.4 km · 72% at standard
Humewood Community School · Public elementary1.5 km · 75% at standard
D'Arcy McGee Catholic School · Catholic elementary1.9 km · 48% at standard
Glen Park Public School · Public elementary2.0 km · 54% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$63,579/mo
$2512KIncome needed
5.6×Price ÷ income
$14,672Weekly cost
$1,008,450Land transfer tax, one-time (Ontario + Toronto)
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.

95%mortgage
Mortgage $63,579Property tax $3,320Total carry $66,900

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$61,706per month

Mortgage amount $11,160,000 · 4.49% over 25 years

$2,790,000Down payment (20.0%)
$11,160,000Loan before insurance
$0CMHC premium
$65,026Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$61,706
Property tax
$3,321
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$65,026

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

One-time closing costs

Ontario land transfer tax
$335,225
Toronto municipal land transfer tax
$673,225
Estimated closing costs
$1,008,450

Plus your down payment of $2,790,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$74,685/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

$7,351,667Total interest paid
$18,511,667Total of all payments
Principal $11,160,000 Interest $7,351,667
YearPrincipalInterestBalance
1$249,044$491,423$10,910,956
2$260,351$480,115$10,650,605
3$272,172$468,294$10,378,433
4$284,530$455,937$10,093,903
5$297,449$443,018$9,796,454
6$310,954$429,513$9,485,500
7$325,073$415,394$9,160,427
8$339,832$400,634$8,820,595
9$355,262$385,205$8,465,333
10$371,392$369,074$8,093,940
11$388,255$352,212$7,705,685
12$405,883$334,583$7,299,802
13$424,312$316,155$6,875,490
14$443,578$296,889$6,431,912
15$463,718$276,749$5,968,194
16$484,772$255,694$5,483,422
17$506,783$233,684$4,976,639
18$529,793$210,674$4,446,846
19$553,848$186,619$3,892,998
20$578,995$161,472$3,314,003
21$605,283$135,183$2,708,720
22$632,766$107,701$2,075,955
23$661,496$78,971$1,414,459
24$691,530$48,936$722,929
25$722,929$17,538$0

At the end of your 5-year term

Total paid over the term
$3,702,333
Principal paid down
$1,363,546
Interest paid
$2,338,787
Balance remaining
$9,796,454

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
0.5%Cap rate after taxes and upkeep

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.

0.9%
Gross yield
− Property tax $39,846− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $70,894

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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