221 Forest Hill Road, Toronto, ON
Forest Hill South, Toronto · MLS® C13475538
About this home
Welcome to 221 Forest Hill Road, an architectural masterpiece with nearly 13,000 sq ft of living space set on a private 17,000 sq ft lot (nearly half an acre), nestled along the Beltline Trail in the heart of one of Toronto's most exclusive enclaves. This estate represents the pinnacle of bespoke luxury, meticulously brought to life by some of Toronto's finest: Lorne Rose Architect, JTF Homes, Dvira Interiors, and Fitzgerald and Roderick Landscape Design. Clad in hand-selected limestone with slate and copper roofing, this residence evokes the timeless elegance of a Provençal château. The interiors are layered rather than loud, defined by chevron white oak floors, custom crown moulding, imported wallpaper, hand-carved mantels, tailored lighting, and generous rooms designed for real life. The kitchen is warm, detailed, and highly functional, with handmade Portuguese tile, millwork by Emanuele Furniture Design, marble counters, Miele appliances, and a charming breakfast nook. It connects naturally to the family room, where French doors open seamlessly onto the terrace. This is where mornings, after-school play, long dinners, and quiet weekends all make sense. The primary suite is one of the home's most memorable chapters. Vaulted ceilings, a fireside sitting room, arched detailing, and custom drapery create a private retreat. The upper levels unfold with generous bedrooms, thoughtful storage, dormer reading nooks, garden views, and spaces that feel personal rather than generic. The lower level adds another dimension to the home, with a large prep kitchen, recreation room, games area, gym, theatre, cedar infrared sauna, cabana storage complete with a kitchenette and bath, dog washing station, and nanny's quarters. Outside, the grounds are designed for privacy, leisure, and year-round use. The saltwater pool and hot tub, sport court, covered porch, outdoor kitchen, imported stone planters, automated gate, and landscaped gardens create a setting that feels deeply livable.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13475538
- Bedrooms
- 7 (6 + 1)
- Bathrooms
- 9 (2 half)
- Size
- 5,000 sq ft
- Lot
- 53.9 × 205 ft
- Cross streets
- Forest Hill Rd/Larratt St
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Kitchens
- 3 (1 + 2)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Poured Concrete
- Roof
- Metal, Slate
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $68,506 / 2026
- Days on market
- 25
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
breakfast area · centre island · custom backsplash
french doors · hardwood floor · pot lights
gas fireplace · b/i bookcase · hardwood floor
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.
Ask Moe if this price is fairOn location, this is a very walkable address with everyday errands close by. Chaplin Cres at Duncannon Dr East Side is about a 1-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.
- 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- 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 of 6 active listings nearby.
See all comparable homes24 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 115 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 $18,396,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $98,168
- Property tax
- $5,709
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $103,877
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $561,350
- Toronto municipal land transfer tax
- $1,291,100
- Estimated closing costs
- $1,852,450
Plus your down payment of $4,599,000. 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
- $5,890,073
- Principal paid down
- $2,342,735
- Interest paid
- $3,547,338
- Balance remaining
- $16,053,265
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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.