171 Old Forest Hill Road, Toronto, ON

Forest Hill North, Toronto · MLS® C13229800

$3,499,000
For Sale
Listed 45 days ago
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6Bedrooms
4Bathrooms
15Garage · 55 parking
3000-3500Sq Ft

About this home

This remarkable home beautifully blends historic character with contemporary luxury, nestled in one of Toronto's most distinguished neighbourhoods. Inside, rich hardwood flooring, high ceilings and baseboards, and carefully selected lighting create an inviting yet refined ambiance-perfect for both quiet evenings and vibrant gatherings.The residence features 5+1 bedrooms and 4 bathrooms, including a tranquil primary retreat with a spa-like ensuite and walk-in closet, thoughtfully suited for families and guests. Designed by acclaimed Canadian artist Erin Rothstein, the property serves as a true haven for creatives and admirers of sophisticated design. The fully finished lower level offers outstanding flexibility, complete with an additional bedroom and full bathroom-ideal for a nanny suite-alongside a spacious, well-appointed laundry room and a custom wine cellar to display your collection. Outside, a secluded backyard designed for entertaining awaits, highlighted by a wood-fired oven-perfect for hosting gatherings or enjoying serene everyday living. More than simply a residence, this is a home that inspires, delivering a rich and dynamic lifestyle where elegance, comfort, and creativity come together seamlessly.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
C13229800
Bedrooms
6 (5 + 1)
Bathrooms
4 (1 half)
Size
3000-3500
Lot
80.42 × 122.22 ft
Cross streets
Bathurst St/ Old Forest Hill Rd
Parking
15 garage · 55 parking (detached)
Driveway
Private
Basement
Walk-Out, Finished
Heating
Radiant
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$15,479 / 2025
Days on market
45
Listing brokerage
RE/MAX HALLMARK BATORI GROUP INC.

Rooms

Bedroom 4Upper3.90 × 4.50 m

hardwood floor · casement windows

LaundryLower2.61 × 5.69 m

laundry sink · b/i shelves · tile floor

Living RoomMain9.72 × 5.21 m

fireplace · wainscoting · hardwood floor

Dining RoomMain4.22 × 5.92 m

brick fireplace · large window · separate room

KitchenMain3.86 × 5.92 m

custom counter · breakfast bar · stainless steel appl

Bedroom 3Upper5.05 × 4.11 m

roughed-in fireplace · hardwood floor · picture window

Primary BedroomMain4.56 × 5.04 m

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

OtherLower2.75 × 3.56 m

french doors · b/i shelves · hardwood floor

Bedroom 2Upper5.18 × 4.50 m

hardwood floor · window

Bedroom 5Upper3.84 × 4.31 m

window · irregular room

BedroomLower4.44 × 3.78 m

roughed-in fireplace · closet · pot lights

OfficeMain5.04 × 5.04 m

gas fireplace · b/i shelves · hardwood floor

RecreationLower13.84 × 4.58 m

above grade window · pot lights · open concept

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$4.16Mest. value

Listed at $3,499,000, this home is tracking about 16% 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 $3.48M, a bit lower.

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 $3.70M
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $3.71M

That comparable adjusts to $3.71M; the $4.16M 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. Bathurst St at Ridge Hill Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$3.50MGreat deal$4.50MOverpriced

Total price vs nearby homes. Fair value about $4.16M, 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Forest Hill North · asking prices
$4.75Mavg asking

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

141 Old Forest Hill Road$3.89M144 Old Forest Hill Road$3.52M115 Whitmore Avenue$3.70M157 Old Forest Hill Road$7.90M

The 4 closest active listings nearby.

See all comparable homes
3.50MThis home3.89M3.52M3.70M7.90MThis home vs active comparables
Live market pulseActive comparables in Forest Hill North · median list $3.89M
$1,077this home / sqft
7active listings nearby
45days on market

This home lists 18% below the area average of $1,307/sqft.

44 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

81/ 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: Bathurst St at Ridge Hill Dr, about 131 m away

20+ transit stops6 grocery20+ dining20+ parks19 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 · 1.6 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
$15,947/mo
$650KIncome needed
5.4×Price ÷ income
$3,680Weekly 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 $15,947Property tax $1,290Total carry $17,237

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)
$14,938per month

Mortgage amount $2,799,200 · 4.14% over 25 years

$699,800Down payment (20.0%)
$2,799,200Loan before insurance
$0CMHC premium
$16,227Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,938
Property tax
$1,290
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,227

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

One-time closing costs

Ontario land transfer tax
$73,950
Toronto municipal land transfer tax
$78,940
Estimated closing costs
$152,890

Plus your down payment of $699,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,143/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

$1,682,071Total interest paid
$4,481,271Total of all payments
Principal $2,799,200 Interest $1,682,071
YearPrincipalInterestBalance
1$65,576$113,675$2,733,624
2$68,319$110,932$2,665,306
3$71,176$108,075$2,594,130
4$74,153$105,097$2,519,976
5$77,255$101,996$2,442,721
6$80,487$98,764$2,362,235
7$83,853$95,398$2,278,381
8$87,361$91,890$2,191,021
9$91,015$88,236$2,100,006
10$94,822$84,429$2,005,184
11$98,788$80,463$1,906,396
12$102,920$76,331$1,803,476
13$107,225$72,026$1,696,251
14$111,710$67,541$1,584,540
15$116,383$62,868$1,468,157
16$121,251$58,000$1,346,906
17$126,323$52,928$1,220,583
18$131,607$47,644$1,088,977
19$137,112$42,139$951,865
20$142,847$36,404$809,018
21$148,822$30,429$660,196
22$155,047$24,204$505,149
23$161,532$17,719$343,617
24$168,289$10,962$175,328
25$175,328$3,923$0

At the end of your 5-year term

Total paid over the term
$896,254
Principal paid down
$356,479
Interest paid
$539,775
Balance remaining
$2,442,721

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$6,300/mo
$75,600Gross annual rent
1.4%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.

2.2%
Gross yield
− Property tax $15,479− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $50,405

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK BATORI GROUP INC.. MLS®/PropTx.

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