204 Richview Avenue, Toronto, ON

Forest Hill South, Toronto · MLS® C13545286

$4,880,000
For Sale
Listed 8 days ago
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5Bedrooms
4Bathrooms
1Garage · 4 parking
2500-3000Sq Ft

About this home

Welcome to elevated Forest Hill living in this fully renovated 4+1 bedroom, 4 bathroom home, where timeless style, thoughtful design, and exceptional behind-the-scenes quality come together beautifully. Completely gutted and renovated in 2018, this home was designed for modern family living with premium finishes, smart technology, and everyday comfort in mind. Inside, you'll find elegant principal rooms and a warm, inviting layout designed for both relaxed family life and effortless entertaining. The chef's kitchen is a true showpiece, featuring a Wolf 48" dual fuel range with charbroiler, custom teppanyaki grill with stainless steel hood, Sub-Zero fridge/freezer, Sub-Zero drink cabinet, Sub-Zero wine fridge, Miele dishwasher, Grohe fixtures, reverse osmosis water system, and water softener. A well-appointed butler kitchen adds even more function for hosting, prep, storage, and keeping the main kitchen looking effortlessly polished.Thoughtful upgrades continue throughout the home, including heated floors in select rooms and bathrooms, Lutron lighting control, triple-pane windows, CCTV, network wiring, 200-amp electrical service, EV-ready connection, Copper front eavestrough/soffit and fascia, and a 22KW Generac backup generator. With spacious bedrooms, beautifully renovated bathrooms, double laundry, and a finished lower level with an additional bedroom, every detail has been carefully considered. Outside, enjoy a private drive with manual bollards, garage and spacious backyard, raccoon-proof vents, and even a dog washing station - because muddy paws deserve their own spa moment too. Set in prestigious Forest Hill, surrounded by beautiful homes, top schools, parks, shops, restaurants, and transit, this is a rare move-in-ready opportunity in one of Toronto's most coveted neighbourhoods. See attached for a full list of features & upgrades.

Key facts

Property type
Detached, 2-Storey
MLS®
C13545286
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
40.21 × 128.05 ft
Cross streets
Bathurst/Eglinton
Parking
1 garage · 4 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$20,112 / 2025
Days on market
8
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomMain4.44 × 4.50 m

hardwood floor · pot lights

Family RoomLower4.52 × 4.57 m
BedroomLower3.44 × 3.29 m
KitchenMain4.94 × 3.62 m

hardwood floor · pot lights · renovated

Bedroom 4Second4.91 × 2.78 m

Hardwood Floor

Bedroom 3Second4.37 × 3.21 m

Hardwood Floor

Primary BedroomSecond7.04 × 6.71 m

juliette balcony · 5 pc ensuite · walk-in closet(s)

Family RoomMain4.11 × 5.68 m

hardwood floor · fireplace · w/o to yard

Dining RoomMain2.97 × 4.85 m

hardwood floor · pot lights · w/o to deck

Bedroom 2Second2.76 × 3.36 m

Hardwood Floor

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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Elderwood Dr is about a 2-minute walk away.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Forest Hill South · asking prices
$3.69Mavg asking

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

42 Glenayr Road$4.50M5 Braemar Avenue$4.00M29 Tarlton Road$2.85M89 Elmsthorpe Avenue$2.60M8 Tarlton Road$4.50M

The 5 closest active listings nearby.

See all comparable homes
4.88MThis home4.50M4.00M2.85M2.60M4.50MThis home vs active comparables
Live market pulseActive comparables in Forest Hill South · median list $4.00M
$1,775this home / sqft
5active listings nearby
8days on market

This home lists 20% above the area average of $1,484/sqft.

7 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

64/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Elderwood Dr, about 140 m away

20+ transit stops4 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.

High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
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 · 1.2 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
$22,241/mo
$901KIncome needed
5.4×Price ÷ income
$5,133Weekly 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 $22,241Property tax $1,676Total carry $23,917

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)
$20,833per month

Mortgage amount $3,904,000 · 4.14% over 25 years

$976,000Down payment (20.0%)
$3,904,000Loan before insurance
$0CMHC premium
$22,509Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20,833
Property tax
$1,676
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$22,509

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

One-time closing costs

Ontario land transfer tax
$108,475
Toronto municipal land transfer tax
$136,075
Estimated closing costs
$244,550

Plus your down payment of $976,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$25,304/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

$2,345,958Total interest paid
$6,249,958Total of all payments
Principal $3,904,000 Interest $2,345,958
YearPrincipalInterestBalance
1$91,457$158,541$3,812,543
2$95,283$154,716$3,717,260
3$99,268$150,730$3,617,992
4$103,421$146,578$3,514,571
5$107,746$142,252$3,406,825
6$112,253$137,745$3,294,571
7$116,949$133,050$3,177,623
8$121,841$128,158$3,055,782
9$126,937$123,061$2,928,845
10$132,247$117,752$2,796,599
11$137,778$112,220$2,658,821
12$143,541$106,457$2,515,279
13$149,545$100,453$2,365,734
14$155,801$94,198$2,209,933
15$162,317$87,681$2,047,616
16$169,107$80,891$1,878,509
17$176,180$73,818$1,702,328
18$183,550$66,448$1,518,779
19$191,227$58,771$1,327,551
20$199,226$50,772$1,128,325
21$207,560$42,439$920,765
22$216,241$33,757$704,524
23$225,287$24,712$479,237
24$234,710$15,288$244,527
25$244,527$5,471$0

At the end of your 5-year term

Total paid over the term
$1,249,992
Principal paid down
$497,175
Interest paid
$752,816
Balance remaining
$3,406,825

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$5,250/mo
$63,000Gross annual rent
0.7%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.

1.3%
Gross yield
− Property tax $20,112− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $34,559

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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