304-1 Forest Hill Road, Toronto, ON

Casa Loma, Toronto · MLS® C13492258

$5,398,000
For Sale
Listed 21 days ago
Request a showing
◎ Directions
3Bedrooms
3Bathrooms
2Garage
2500-2749Sq Ft

About this home

Unrivaled luxury at 1 Forest Hill Road, a prestigious boutique residence originally designed by Richard Wengle and Brian Gluckstein. Completely reimagined and masterfully customized with major upgrades from the builder's original plans by renowned interior designer Montana Burnett, this exceptional 2,601 sq ft suite offers bespoke, European-inspired minimalism at its finest. The light-filled interior is defined by soaring 10' ceilings, grand archways, striking arched windows, and walls finished in an environmentally friendly limewash paint by Bauwerk adding warmth and organic depth. The chef's kitchen is a sculptural masterpiece featuring premium vein-cut travertine countertops, a massive rounded waterfall island, and seamless integrated high-end appliances. Relax in the expansive main living area, highlighted by a stone platform bench with bespoke cushions and a two-way fireplace. Enjoy effortless indoor-outdoor flow with two outdoor spaces; walk-out from the dining room to a 66 sq ft balcony featuring a built-in gas line for seamless alfresco dining, plus walk-outs from both the living room and den to a 99 sq ft loggia area. The primary bedroom is a massive, sun-drenched oasis that seamlessly incorporates an open-concept den/sitting area with no dividing wall, creating a fluid, lounge-like retreat. This private wing boasts extensive custom wardrobe storage (3 walk-in closets) with soft radius-curved corners and a spa-like 5-piece ensuite wrapped in exquisite vein-cut stone, complete with a standalone soaking tub and rainfall shower. A separate, spacious second bedroom offers absolute privacy with its own beautifully appointed 3-piece ensuite. Suite comes with two parking spots, locker, has a walking score of 93 and is steps to Toronto's finest private schools, village boutiques, and cafes.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13492258
Bedrooms
3 (2 + 1)
Bathrooms
3 (1 half)
Size
2500-2749
Cross streets
Forest Hill Rd & St. Clair Ave W
Parking
2 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$4,150/mo
Exposure
South West
Property tax
$19,820 / 2026
Days on market
21
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

KitchenMain2.74 × 4.88 m

b/i appliances · eat-in kitchen · hardwood floor

Primary BedroomMain5.41 × 3.96 m

5 pc ensuite · his and hers closets · large window

FoyerMain2.46 × 5.97 m

closet · hardwood floor · pot lights

Dining RoomMain5.66 × 4.70 m

w/o to balcony · gas fireplace · hardwood floor

Bedroom 2Main4.88 × 3.68 m

3 pc ensuite · large window · hardwood floor

DenMain4.98 × 3.43 m

w/o to terrace · large window · combined w/primary

BreakfastMain2.13 × 3.23 m

combined w/kitchen · hardwood floor · pot lights

Living RoomMain5.61 × 6.93 m

w/o to terrace · large window · hardwood floor

LaundryMain1.88 × 2.79 m

tile floor · laundry sink

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.

Its public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. St Clair Ave West at Avenue Rd West 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Worth verifying
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Casa Loma · asking prices
$4.52Mavg asking

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

701-1 Forest Hill Road$5.25M304-200 Russell Hill Road$6.35M506-155 St Clair Avenue$3.25M303-200 Russell Hill Road$6.35M1D-319 Lonsdale Road$1.38M

The 5 closest of 8 active listings nearby.

See all comparable homes
5.40MThis home5.25M6.35M3.25M6.35M1.38MThis home vs active comparables
Live market pulseActive comparables in Casa Loma · median list $2.38M
$2,057this home / sqft
28active listings nearby
21days on market

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Casa Loma, 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

76/ 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: St Clair Ave West at Avenue Rd West Side, about 87 m away

20+ transit stops8 grocery20+ dining20+ parks20+ 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.

Annex
$1.57M
Church-Yonge Corridor
$577K
Waterfront Communities C1
$672K
Waterfront Communities C8
$1.19M
Banbury-Don Mills
$500K

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 Brown Junior Public School
86%
Brown Junior Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$24,602/mo
$1066KIncome needed
5.1×Price ÷ income
$5,677Weekly 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.

81%mortgage
Mortgage $24,602Property tax $1,652Condo fee $4,150Total carry $30,404

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)
$23,045per month

Mortgage amount $4,318,400 · 4.14% over 25 years

$1,079,600Down payment (20.0%)
$4,318,400Loan before insurance
$0CMHC premium
$28,846Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$23,045
Property tax
$1,652
Condo / maintenance fees
$4,150
Heating
$0
Estimated monthly cost
$28,846

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

One-time closing costs

Ontario land transfer tax
$121,425
Toronto municipal land transfer tax
$163,365
Estimated closing costs
$284,790

Plus your down payment of $1,079,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$27,990/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

$2,594,976Total interest paid
$6,913,376Total of all payments
Principal $4,318,400 Interest $2,594,976
YearPrincipalInterestBalance
1$101,165$175,370$4,217,235
2$105,397$171,138$4,111,838
3$109,805$166,730$4,002,033
4$114,398$162,137$3,887,634
5$119,183$157,352$3,768,451
6$124,169$152,366$3,644,282
7$129,363$147,172$3,514,919
8$134,774$141,761$3,380,146
9$140,411$136,124$3,239,735
10$146,284$130,251$3,093,451
11$152,403$124,132$2,941,048
12$158,778$117,757$2,782,270
13$165,419$111,116$2,616,851
14$172,338$104,197$2,444,512
15$179,547$96,988$2,264,965
16$187,057$89,478$2,077,908
17$194,882$81,653$1,883,026
18$203,033$73,502$1,679,993
19$211,526$65,009$1,468,467
20$220,374$56,161$1,248,094
21$229,591$46,944$1,018,502
22$239,195$37,340$779,307
23$249,200$27,335$530,107
24$259,624$16,911$270,483
25$270,483$6,052$0

At the end of your 5-year term

Total paid over the term
$1,382,675
Principal paid down
$549,949
Interest paid
$832,726
Balance remaining
$3,768,451

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$8,500/mo
$102,000Gross annual rent
0.4%Est. cap rate

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.

1.9%
Gross yield
− Property tax $19,820− Condo fees $49,798− Insurance $600− Vacancy & upkeep $11,220Net operating income $20,562

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

CallRequest a showing