39 Burton Road, Toronto, ON

Forest Hill South, Toronto · MLS® C13603996

$10,180,000
For Sale
Listed 87 days agoNo offer date statedSitting longer than typical
4+1Bedrooms
7Bathrooms
2Garage · 9 parking
5,000Sq ft

About this home

In short

  • 39 Burton Road is a landmark residence, gracefully positioned within one of the most exclusive and prestigious enclaves in Forest Hill.
  • Set on a rare 100x170.5 FT lot, this extraordinary estate offers appx 5,982 SF above grade plus partially renovated lower level, presenting a remarkable opportunity...
  • The expansive 17,000 SF grounds are nestled with a dense canopy of mature trees and exquisitely landscaped gardens that provide a private and sensational oasis.
  • Approved severance allows two premium lots, effectively transforming one prominent residence into two and maximizing land value on one of the finest streets.
  • Indulgence recreational amenities highlight an indoor saltwater pool, a circular hot tub, and a sauna that opens to a serene alfresco retreat for maximum comfort and...

39 Burton Road is a landmark residence, gracefully positioned within one of the most exclusive and prestigious enclaves in Forest Hill. Set on a rare 100x170.5 FT lot, this extraordinary estate offers appx 5,982 SF above grade plus partially renovated lower level, presenting a remarkable opportunity for both luxury living and scarcity investment. The expansive 17,000 SF grounds are nestled with a dense canopy of mature trees and exquisitely landscaped gardens that provide a private and sensational oasis. Approved severance allows two premium lots, effectively transforming one prominent residence into two and maximizing land value on one of the finest streets. The current mansion was built for an exceptional luxurious lifestyle that balances sumptuous entertaining and personal relaxation. Indulgence recreational amenities highlight an indoor saltwater pool, a circular hot tub, and a sauna that opens to a serene alfresco retreat for maximum comfort and wellness. Originally a Georgian, the mansion was reimagined by acclaimed architect Stanley Shenkman and interior designer Robert Dirstein into an epic modernist statement, defined by bold geometry, sweeping curves, and flat rooflines. Recognized for its distinctive aesthetic, once-famous black-changing-to-white exterior, the residence became a design icon after the radical redesign. Today, the home reflects a celebrated eclecticism and modernism, starring a teak paneled foyer, retro mid-century details, wall-to-wall windows and extensive use of skylights that bathed interiors with natural light. This excellent location is also known for its extreme proximity to walkable social hubs, places of worship, and top-tier schools such as UCC, BSS, Holy Rosary, St Michael's, Robbins, Bialik, Leo Baeck, Forest Hill CI and more. Rich in architectural significance and cultural character, the legendary residence is a rarity offering in a highly coveted row renowned for its affluent scale, influential prestige, and enduring grandeur.

Key facts

Property type
Detached, 2-Storey
MLS®
C13603996
Bedrooms
4+1 (5 total)
Bathrooms
7 (1 half)
Size
5,000 sq ft
Lot
100 × 170.5 ft
Cross streets
Old Forest Hill/Spadina Rd
Parking
2 garage · 9 parking (built-in)
Driveway
Circular Drive
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Pool
Indoor
Property tax
$32,944 / 2025
Days on market
87
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Living RoomMain8.11 × 5.10 m

hardwood floor · fireplace · w/o to terrace

BreakfastMain3.91 × 3.86 m

tile floor · picture window · open concept

Dining RoomMain4.47 × 5.05 m

broadloom · pot lights · mirrored walls

Bedroom 3Second4.47 × 5.05 m

hardwood floor · picture window · walk-in closet(s)

Primary BedroomSecond5.00 × 8.07 m

ensuite bath · walk-in closet(s) · sauna

KitchenMain6.45 × 4.54 m

centre island · breakfast bar · track lighting

OfficeMain3.93 × 4.82 m

hardwood floor · fireplace · picture window

Bedroom 2Second5.43 × 3.83 m

ensuite bath · picture window · b/i shelves

RecreationLower4.90 × 8.68 m

fireplace · pot lights · open concept

Bedroom 4Second4.44 × 4.26 m

broadloom · pot lights · picture window

Family RoomMain5.00 × 8.22 m

hardwood floor · picture window · b/i shelves

BedroomLower3.65 × 5.38 m

ensuite bath · closet · b/i shelves

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 0.39 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown. Homes on lots this size in Forest Hill South have sold between $4.80M and $10.43M over the last two years (7 sales).

Considering this property? Request a written price read

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Leaside
$2.48M
Banbury-Don Mills
$5.50M
Woodbine-Lumsden
$949K
Willowdale East
$2.19M
Stonegate-Queensway
$2.25M

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 · 0.9 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
Also nearby: 12 more schools within 2.5 km
Forest Hill Junior and Senior Public School · Public elementary0.5 km · 82% at standard
Humewood Community School · Public elementary0.9 km · 75% at standard
Cedarvale Community School · Public elementary1.0 km · 85% at standard
Forest Hill Collegiate Institute · Public secondary1.2 km · 76% at standard
Oriole Park Junior Public School · Public elementary1.4 km · 100% at standard
J R Wilcox Community School · Public elementary1.4 km · 72% at standard
St Alphonsus Catholic School · Catholic elementary1.4 km · 74% at standard
North Preparatory Junior Public School · Public elementary1.5 km · 71% at standard
Hillcrest Community School · Public elementary1.5 km · 85% at standard
West Preparatory Junior Public School · Public elementary1.6 km · 77% at standard
Brown Junior Public School · Public elementary1.7 km · 86% at standard
McMurrich Junior Public School · Public elementary1.8 km · 81% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$46,397/mo
$1847KIncome needed
5.5×Price ÷ income
$10,707Weekly cost
$669,150Land transfer tax, one-time (Ontario + Toronto)
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 $46,397Property tax $2,745Total carry $49,142

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$45,030per month

Mortgage amount $8,144,000 · 4.49% over 25 years

$2,036,000Down payment (20.0%)
$8,144,000Loan before insurance
$0CMHC premium
$47,775Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$45,030
Property tax
$2,745
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$47,775

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

One-time closing costs

Ontario land transfer tax
$240,975
Toronto municipal land transfer tax
$428,175
Estimated closing costs
$669,150

Plus your down payment of $2,036,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$54,501/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

$5,364,872Total interest paid
$13,508,872Total of all payments
Principal $8,144,000 Interest $5,364,872
YearPrincipalInterestBalance
1$181,739$358,615$7,962,261
2$189,991$350,364$7,772,269
3$198,617$341,737$7,573,652
4$207,635$332,719$7,366,017
5$217,063$323,292$7,148,954
6$226,919$313,436$6,922,035
7$237,222$303,133$6,684,814
8$247,992$292,363$6,436,821
9$259,252$281,103$6,177,569
10$271,023$269,332$5,906,546
11$283,329$257,026$5,623,217
12$296,193$244,162$5,327,024
13$309,641$230,713$5,017,383
14$323,700$216,655$4,693,682
15$338,398$201,957$4,355,285
16$353,762$186,593$4,001,522
17$369,824$170,530$3,631,698
18$386,616$153,739$3,245,082
19$404,170$136,185$2,840,912
20$422,521$117,834$2,418,391
21$441,705$98,650$1,976,686
22$461,760$78,595$1,514,926
23$482,726$57,629$1,032,200
24$504,644$35,711$527,556
25$527,556$12,798$0

At the end of your 5-year term

Total paid over the term
$2,701,774
Principal paid down
$995,046
Interest paid
$1,706,728
Balance remaining
$7,148,954

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
From 19 whole-home leases in Forest Hill South$14,397/mo
$172,764Gross annual rent
1.2%Cap rate after taxes and upkeep
$12,023 to $17,163Typical rent range
~41 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 19 whole-home leases in Forest Hill South signed at a median of $11,323 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $14,397. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

1.7%
Gross yield
− Property tax $32,944− Insurance $1,400− Vacancy & upkeep $19,004Net operating income $119,416

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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