287 RUSSELL HILL Road, Toronto, ON
Casa Loma, Toronto · MLS® C13685530
About this home
In short
- A Rare Forest Hill Landmark - Rich in History, Character & Possibility Set on an exceptional 75 x 175 ft lot in prestigious Forest Hill, this distinctive pink stone...
- Originally a private residence, it later served as Cantab College, a boys' school during the Depression, before being acquired by the current owners in 1985 and...
- The heart of the home is an integrated kitchen, eating and family living area with a dramatic two-way fireplace, opening directly to the large patio, landscaped...
- A detached two-car garage and pool cabana with washroom complete the property.
- A truly special residence offering history, character, privacy, exceptional outdoor living and the rare potential of a 75 x 175 ft lot.
A Rare Forest Hill Landmark - Rich in History, Character & Possibility Set on an exceptional 75 x 175 ft lot in prestigious Forest Hill, this distinctive pink stone residence, built in 1913, is a rare offering of architectural character, scale and privacy. Originally a private residence, it later served as Cantab College, a boys' school during the Depression, before being acquired by the current owners in 1985 and lovingly restored from the ground up.The home offers an elegant balance of period character and modern family living. A welcoming vestibule opens to a gracious central hall, leading to a library, formal dining room with fireplace and expansive living room with bay window and fireplace. The heart of the home is an integrated kitchen, eating and family living area with a dramatic two-way fireplace, opening directly to the large patio, landscaped gardens and private swimming pool.The upper levels provide generous bedroom accommodation, including a principal bedroom with fireplace and ensuite, additional ensuite bedrooms and a substantial third-floor bedroom/sitting room with three-piece ensuite and cedar closet.The lower level features approximately seven-foot ceilings and exceptional flexibility, with a gym, private movie theatre with fireplace, bathroom, rooms historically used for live-in help, wine cellar and extensive storage. The space can readily accommodate offices, hobbies, wellness or additional living areas.A detached two-car garage and pool cabana with washroom complete the property. Minutes from Upper Canada College and B.S.S., with Forest Hill's renowned schools, parks and amenities nearby.A truly special residence offering history, character, privacy, exceptional outdoor living and the rare potential of a 75 x 175 ft lot.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13685530
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 7 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 75 × 175 ft
- Cross streets
- ST CLAIR / SPADINA
- Parking
- 2 garage · 7 parking (detached)
- Basement
- Finished with Walk-Out
- Heating
- Radiant
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Stone
- Roof
- Shingles
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $27,760 / 2025
- Days on market
- 63
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
b/i appliances · combined w/br · w/o to deck
bay window · fireplace · hardwood floor
2 pc bath · walk-up
2 pc bath · hardwood floor
5 pc ensuite · walk-in closet(s) · window
2 way fireplace · w/o to deck · hardwood floor
3 pc ensuite · combined w/sitting · window
3 pc ensuite · walk-in closet(s) · window
3 pc ensuite · walk-in closet(s) · window
3 pc bath · walk-up
pocket doors · fireplace · hardwood floor
Listed at $9,488,888. Going by how homes in Casa Loma and the wider GTA have actually closed against their asking prices (about 96%, 5 local closings in 90 days), the likely sale price is near $9.12M, if it sells. A realistic range is $8.54M to $10.27M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $9.12M, from 5 recent closings in this pocket.
The market behind the math:
About 4.8 months of inventory: 8 detached homes for sale in the area against 5 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $2,233/sqft against an area asking average of $1,292/sqft.
- Walk-out basement apartment features. A finished 2 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Casa Loma basements rarely rent out (0 of 49 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $5.58M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Casa Loma, so I widened the search to the surrounding area.
Based on 5 comparable homes that sold in Casa Loma over the past two years, from 54 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $7.44M, which is where my estimate comes from.
Per square foot, these ask about $1,627/sqft; this home lists at $2,233/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Casa Loma, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $7,591,110 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $41,973
- Property tax
- $2,313
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $44,286
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $223,697
- Toronto municipal land transfer tax
- $388,364
- Estimated closing costs
- $612,061
Plus your down payment of $1,897,778. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $2,518,353
- Principal paid down
- $927,494
- Interest paid
- $1,590,860
- Balance remaining
- $6,663,617
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.
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
About the suite: in Casa Loma basements rarely rent out (0 of 49 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Casa Loma signed at a median of $8,568 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $11,009. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.