204 Forest Hill Road, Toronto, ON

Forest Hill South, Toronto · MLS® C13538198

$11,399,000
For Sale
Listed 9 days ago
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6Bedrooms
6Bathrooms
2Garage · 4 parking
5,000Sq Ft

About this home

204 Forest Hill Rd - A Rare Deep-Lot Estate in the Heart of Forest HillSet on a coveted 40 x 190 ft lot in prestigious Forest Hill, this exceptional estate offers 7,500 sq. ft. of masterfully crafted living space, designed by renowned architect Richard Wengle and styled by acclaimed interior designer Robin Nadel. Every detail reflects a seamless blend of timeless elegance and modern functionality. At the heart of the home is a grand, oversized kitchen with a spacious breakfast area, opening effortlessly to a large family room and framed by walls of glass overlooking the backyard. A large formal dining room offers an elegant setting for entertaining, while the backyard is a private retreat complete with a concrete pool, perfect for both relaxation and hosting. The walkway and driveway are fully heated. The built-in garage, complete with a car lift, adds a rare touch of function and luxury. With its unbeatable location, deep lot, and thoughtfully designed interiors throughout, 204 Forest Hill Rd is a truly special offering in one of Toronto's most sought-after neighbourhoods.

Key facts

Property type
Detached, 3-Storey
MLS®
C13538198
Bedrooms
6 (5 + 1)
Bathrooms
6 (1 half)
Size
5,000 sq ft
Lot
40 × 186.5 ft
Cross streets
Forest Hill Rd & Russell Hill Rd
Parking
2 garage · 4 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Concrete
Roof
Slate
Sewer
Sewer
Pool
Inground
Days on market
9
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.
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. Chaplin Cres at Duncannon Dr East Side 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Forest Hill South · asking prices
$7.76Mavg asking

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

5 Dewbourne Avenue$13.95M470 Russell Hill Road$6.50M4 Ridgewood Road$5.39M103 Vesta Drive$5.20M

The 4 closest active listings nearby.

See all comparable homes
11.40MThis home13.95M6.50M5.39M5.20MThis home vs active comparables
Live market pulseActive comparables in Forest Hill South · median list $7.38M
$2,280this home / sqft
8active listings nearby
9days on market

This home lists 32% above the area average of $1,723/sqft.

8 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: Chaplin Cres at Duncannon Dr East Side, about 217 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.

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 · 1.5 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
$51,953/mo
$2219KIncome needed
5.1×Price ÷ income
$11,989Weekly 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.

88%mortgage
Mortgage $51,953Property tax $7,124Total carry $59,077

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)
$48,663per month

Mortgage amount $9,119,200 · 4.14% over 25 years

$2,279,800Down payment (20.0%)
$9,119,200Loan before insurance
$0CMHC premium
$55,788Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$48,663
Property tax
$7,124
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$55,788

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

One-time closing costs

Ontario land transfer tax
$271,450
Toronto municipal land transfer tax
$507,410
Estimated closing costs
$778,860

Plus your down payment of $2,279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$59,106/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

$5,479,831Total interest paid
$14,599,031Total of all payments
Principal $9,119,200 Interest $5,479,831
YearPrincipalInterestBalance
1$213,631$370,330$8,905,569
2$222,567$361,394$8,683,001
3$231,877$352,084$8,451,124
4$241,576$342,385$8,209,548
5$251,681$332,280$7,957,868
6$262,208$321,753$7,695,660
7$273,176$310,785$7,422,484
8$284,602$299,359$7,137,881
9$296,507$287,454$6,841,374
10$308,909$275,052$6,532,465
11$321,831$262,131$6,210,634
12$335,292$248,669$5,875,342
13$349,317$234,644$5,526,025
14$363,928$220,033$5,162,096
15$379,151$204,810$4,782,945
16$395,010$188,951$4,387,935
17$411,533$172,428$3,976,402
18$428,747$155,214$3,547,655
19$446,681$137,281$3,100,974
20$465,365$118,597$2,635,610
21$484,830$99,131$2,150,779
22$505,110$78,851$1,645,670
23$526,238$57,723$1,119,432
24$548,250$35,712$571,182
25$571,182$12,779$0

At the end of your 5-year term

Total paid over the term
$2,919,806
Principal paid down
$1,161,332
Interest paid
$1,758,474
Balance remaining
$7,957,868

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
0.3%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.

1.1%
Gross yield
− Property tax $79,793− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $30,947

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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