5 Dewbourne Avenue, Toronto, ON

Forest Hill South, Toronto · MLS® C13142424

$13,950,000
For Sale
Listed 59 days ago
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6Bedrooms
6Bathrooms
2Garage · 8 parking
5,000Sq Ft

About this home

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
6 (5 + 1)
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
59
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

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, this is a very walkable address with everyday errands close by. Spadina Rd at Old Forest Hill Rd is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Heated floors: comfort and a premium-finish signal.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Elevator: rare and valuable for accessibility and resale.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Forest Hill South · asking prices
$7.12Mavg asking

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

204 Forest Hill Road$11.40M470 Russell Hill Road$6.50M4 Ridgewood Road$5.39M103 Vesta Drive$5.20M

The 4 closest active listings nearby.

See all comparable homes
13.95MThis home11.40M6.50M5.39M5.20MThis home vs active comparables
Live market pulseActive comparables in Forest Hill South · median list $7.38M
$2,790this home / sqft
8active listings nearby
59days on market

58 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

73/ 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: Spadina Rd at Old Forest Hill Rd, about 268 m away

20+ transit stops3 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.

Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
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 · 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

Affordability & Mortgage

Affordability
$63,579/mo
$2512KIncome needed
5.6×Price ÷ income
$14,672Weekly 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.

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.

4.14%
%
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)
$59,554per month

Mortgage amount $11,160,000 · 4.14% over 25 years

$2,790,000Down payment (20.0%)
$11,160,000Loan before insurance
$0CMHC premium
$62,874Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$59,554
Property tax
$3,321
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$62,874

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

6.14%Qualifying rate
$72,334/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

$6,706,171Total interest paid
$17,866,171Total of all payments
Principal $11,160,000 Interest $6,706,171
YearPrincipalInterestBalance
1$261,440$453,207$10,898,560
2$272,376$442,271$10,626,184
3$283,769$430,878$10,342,415
4$295,639$419,008$10,046,776
5$308,005$406,642$9,738,771
6$320,888$393,759$9,417,883
7$334,310$380,336$9,083,573
8$348,294$366,353$8,735,279
9$362,863$351,784$8,372,416
10$378,041$336,606$7,994,375
11$393,854$320,793$7,600,522
12$410,328$304,319$7,190,194
13$427,491$287,156$6,762,703
14$445,373$269,274$6,317,330
15$464,002$250,645$5,853,328
16$483,410$231,236$5,369,918
17$503,631$211,016$4,866,287
18$524,697$189,950$4,341,590
19$546,644$168,003$3,794,946
20$569,509$145,137$3,225,437
21$593,331$121,316$2,632,106
22$618,149$96,498$2,013,957
23$644,005$70,641$1,369,951
24$670,943$43,704$699,008
25$699,008$15,639$0

At the end of your 5-year term

Total paid over the term
$3,573,234
Principal paid down
$1,421,229
Interest paid
$2,152,005
Balance remaining
$9,738,771

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%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.

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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