21 Forest Heights Boulevard, Toronto, ON

St. Andrew-Windfields, Toronto · MLS® C13480112

$5,998,000
For Sale
Listed 25 days ago
Request a showing
◎ Directions
6Bedrooms
7Bathrooms
3Garage · 10 parking
3500-5000Sq Ft

About this home

Exceptional Red-brick Georgian Estate In A Prestigious Neighbourhood. Welcome To This Timeless Luxury Residence Offering Approximately 6,260 Sq Ft Of Refined Living Space, Nestled On An Expansive 100 By 133.66 Ft Lot With Mature Trees And A Gated Front Garden. Step Inside To A Grand Two-storey Foyer Featuring Polished Marble Floors, A Showstopping Chandelier, And An Elegant Curved Staircase. Rich Hardwood Floors And Custom Millwork Flow Seamlessly Throughout The Main And Upper Levels. The Chefs Kitchen Is Outfitted With High-end Appliances, Sleek Cabinetry, Quartz Counters, Brass Hardware, And An Oversized Island Perfect For Entertaining. Multiple Walk-outs Extend To A Spacious Outdoor Deck With Distinct Lounge And Dining Areas, Ideal For Hosting Or Relaxing In Privacy. This Home Boasts Generously Sized Bedrooms With Custom Closets And Sun-filled Windows. Spa-inspired Bathrooms Feature Heated Floors, Double Vanities, Luxurious Tilework, Custom Cabinetry, And Designer Gold Fixtures. The Fully Finished Basement Redefines Lifestyle Living featuring A Billiards Area, Home Gym With Mirrored Walls, Yoga And Meditation Room, A Stunning Glass-enclosed Wine Display, Full Bathroom With Walk-in Shower, And A Stylish Bar With Built-in Cabinetry. Two Separate Laundry Roomsone On The Upper Level And One In The Basement offer Added Functionality. The Private Backyard Is Surrounded By Lush Landscaping And Includes A Large Deck With BBQ Hook up, Multiple Sitting Zones, And Walk-outs To Upper Balconies Overlooking The Treed Grounds. Ideally Located Near Top-ranked Schools, Scenic Parks, And Upscale Amenities, This Exquisite Property Blends Elegant Design, Modern Comfort, And Resort-like Living offering A Rare Opportunity In One Of The City's Most Desirable Neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
C13480112
Bedrooms
6 (5 + 1)
Bathrooms
7 (3 half)
Size
3500-5000
Lot
100 × 133.66 ft
Cross streets
Bayview &York Mills
Parking
3 garage · 10 parking (built-in)
Driveway
Private Double
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$20,413 / 2025
Days on market
25
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES NANCY SAEDI

Rooms

Bedroom 4Second3.83 × 3.61 m

overlooks frontyard · b/i shelves · double closet

Living RoomMain6.92 × 5.18 m

open concept · fireplace · french doors

KitchenMain4.85 × 4.42 m

family size kitchen · w/o to deck · b/i appliances

Primary BedroomSecond6.00 × 5.70 m

his and hers closets · 6 pc ensuite · w/o to patio

RecreationBasement6.02 × 4.27 m

fireplace · wet bar · open concept

Exercise RoomBasement4.64 × 3.84 m

above grade window · 2 pc ensuite · mirrored walls

Bedroom 2Second4.67 × 3.62 m

b/i shelves · closet · window

Bedroom 3Second3.61 × 3.81 m

overlooks frontyard · double closet · 4 pc ensuite

Dining RoomMain6.11 × 4.26 m

overlooks garden · w/o to patio · formal rm

Family RoomMain6.18 × 4.81 m

b/i shelves · fireplace · w/o to patio

Bedroom 5Second3.86 × 3.73 m

walk-in closet(s) · b/i shelves · open concept

OfficeMain4.39 × 3.45 m

b/i shelves · 6 pc ensuite · w/o to patio

Moe’s TakeTeam Asgarian · Broker
Above comparables
$4.98Mest. value

Listed at $5,998,000, this home is about 21% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.11M, 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 $4.79M
  • Adjusts to $4.79M

That comparable adjusts to $4.79M; the $4.98M estimate above is the median of all 10 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 schools, this address is zoned for York Mills Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$4.07MGreat deal$6.00MOverpriced

Total price vs nearby homes. Fair value about $4.98M, median of 10 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • 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.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in St. Andrew-Windfields · asking prices
$5.16Mavg asking

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

26 Danville Drive$4.79M3 Vernham Court$4.95M63 Gordon Road$4.80M18 Heathcote Avenue$5.98M59 Munro Boulevard$5.28M

The 5 closest of 8 active listings nearby.

See all comparable homes
6.00MThis home4.79M4.95M4.80M5.98M5.28MThis home vs active comparables
Live market pulseActive comparables in St. Andrew-Windfields · median list $4.95M
$1,411this home / sqft
27active listings nearby
25days on market

This home lists 21% above the area average of $1,162/sqft.

23 days longer than the Toronto average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

St. Andrew-Windfields, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Willowdale East
$2.50M
Bedford Park-Nortown
$3.60M
Lawrence Park South
$2.13M
Newtonbrook West
$1.75M
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 Harrison Public School
82%
Harrison Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 82% meet the provincial standard
Park Lane Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$27,337/mo
$1093KIncome needed
5.5×Price ÷ income
$6,309Weekly 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.

94%mortgage
Mortgage $27,337Property tax $1,701Total carry $29,038

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$25,606per month

Mortgage amount $4,798,400 · 4.14% over 25 years

$1,199,600Down payment (20.0%)
$4,798,400Loan before insurance
$0CMHC premium
$27,307Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$25,606
Property tax
$1,701
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$27,307

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

One-time closing costs

Ontario land transfer tax
$136,425
Toronto municipal land transfer tax
$196,365
Estimated closing costs
$332,790

Plus your down payment of $1,199,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$31,101/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

$2,883,413Total interest paid
$7,681,813Total of all payments
Principal $4,798,400 Interest $2,883,413
YearPrincipalInterestBalance
1$112,410$194,863$4,685,990
2$117,112$190,161$4,568,878
3$122,011$185,262$4,446,868
4$127,114$180,159$4,319,754
5$132,431$174,842$4,187,323
6$137,970$169,302$4,049,352
7$143,741$163,531$3,905,611
8$149,754$157,519$3,755,857
9$156,018$151,255$3,599,839
10$162,544$144,729$3,437,295
11$169,343$137,930$3,267,952
12$176,426$130,846$3,091,526
13$183,806$123,467$2,907,720
14$191,494$115,778$2,716,225
15$199,504$107,768$2,516,721
16$207,849$99,423$2,308,872
17$216,543$90,729$2,092,329
18$225,601$81,672$1,866,728
19$235,037$72,235$1,631,691
20$244,869$62,404$1,386,822
21$255,111$52,161$1,131,711
22$265,782$41,491$865,929
23$276,899$30,373$589,030
24$288,482$18,791$300,548
25$300,548$6,724$0

At the end of your 5-year term

Total paid over the term
$1,536,363
Principal paid down
$611,077
Interest paid
$925,285
Balance remaining
$4,187,323

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
0.9%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.

1.5%
Gross yield
− Property tax $20,413− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $56,685

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES NANCY SAEDI. MLS®/PropTx.

CallRequest a showing