474 Russell Hill Road, Toronto, ON

Forest Hill South, Toronto · MLS® C13732176

$17,200,000
For Sale
Listed 48 days agoNo offer date stated
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4+1Bedrooms
7Bathrooms
1Garage · 5 parking
5,000Sq ft

About this home

In short

  • An Exceptional Custom Residence On Prestigious Russell Hill Road, In The Heart Of Forest Hill Village.
  • An Elevator Provides Convenient Access To Every Level.
  • Twelve-Foot Ceilings On The Main And Upper Floors, Soaring Black-Framed Windows And A Serene Neutral Palette Create A Wonderful Sense Of Light And Space.
  • Book-Matched Italian Porcelain, Solid White Oak Floors And A Floating White Oak Staircase With Glass Railings Add Quiet Sophistication Throughout.
  • The Primary Suite Features A Spacious Walk-In Closet And A Beautifully Appointed Ensuite With Freestanding Tub, Double Vanity And Glass-Enclosed Shower.

An Exceptional Custom Residence On Prestigious Russell Hill Road, In The Heart Of Forest Hill Village. Surrounded By Distinguished Homes And Steps From The Village's Shops, Cafés, Restaurants, Parks, Transit And Renowned Private And Public Schools, This Is A Rare Opportunity To Enjoy One Of Toronto's Most Established Residential Settings. Only Four Years Old And Offering Over 7,500 Sq. Ft. Of Living Space, The Home Pairs A Timeless Limestone Exterior And Slate Roof With A Warm, Contemporary Interior. An Elevator Provides Convenient Access To Every Level. Twelve-Foot Ceilings On The Main And Upper Floors, Soaring Black-Framed Windows And A Serene Neutral Palette Create A Wonderful Sense Of Light And Space. The Generous Kitchen Features Integrated Appliances, Sleek White Oak Cabinetry, A Large Centre Island And Separate Servery, Opening To The Family Room With Fireplace. The Main Level Also Offers A Gracious Living Room With Gas Fireplace And An Elegant Formal Dining Room Enhanced By Its Own Wine Cellar. Book-Matched Italian Porcelain, Solid White Oak Floors And A Floating White Oak Staircase With Glass Railings Add Quiet Sophistication Throughout. The Primary Suite Features A Spacious Walk-In Closet And A Beautifully Appointed Ensuite With Freestanding Tub, Double Vanity And Glass-Enclosed Shower. Two Separate Laundry Rooms, Conveniently Located On The Upper And Lower Levels, Support Effortless Family Living. The Heated Lower Level Features A Gym, Recreation Room With Built-In Bar, Second Wine Cellar And Private Housekeeper Suite. Complete With A Crestron Smart-Home System, Sony Audio With Bosch Speakers Throughout, Heated Driveway And Landscaped Backyard-A Thoughtfully Designed Modern Home In A Coveted Forest Hill Location.

Key facts

Property type
Detached, 2-Storey
MLS®
C13732176
Bedrooms
4+1 (5 total)
Bathrooms
7 (2 half)
Size
5,000 sq ft
Lot
50 × 149.87 ft
Cross streets
Old Forest Hill Rd and Russell Rd
Parking
1 garage · 5 parking (built-in)
Basement
Walk-Up, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Slate
Sewer
Sewer
Property tax
$45,901 / 2025
Days on market
48
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES NANCY SAEDI

Rooms

Bedroom 4Second4.18 × 3.69 m

4 pc ensuite · hardwood floor · elevator

Dining RoomMain5.18 × 4.91 m

open concept · picture window · hardwood floor

OfficeMain4.82 × 3.48 m

b/i shelves · hardwood floor · double doors

KitchenMain7.07 × 4.94 m

b/i appliances · w/o to garden · centre island

RecreationLower12.22 × 7.01 m

wet bar · elevator · walk-up

NurseryLower4.02 × 3.39 m

3 pc ensuite · closet · pot lights

Bedroom 2Second3.68 × 5.00 m

3 pc ensuite · large window · hardwood floor

Family RoomMain7.35 × 5.94 m

fireplace · overlooks backyard · w/o to garden

Living RoomMain4.88 × 3.69 m

open concept · overlooks frontyard · fireplace

Exercise RoomLower4.91 × 4.60 m

mirrored walls · cushion floor · built-in speakers

Primary BedroomSecond5.33 × 5.22 m

6 pc ensuite · walk-in closet(s) · overlooks garden

Bedroom 3Second5.15 × 4.00 m

3 pc ensuite · pot lights · large closet

FoyerMain3.78 × 3.48 m

skylight · elevator · open concept

Our TakeTeam Asgarian · Broker
No automatic estimate

This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in Forest Hill South (3,500 sq ft and up) have sold between $3.78M and $23.50M over the last two years (35 sales).

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Forest Hill South · asking prices
$8.17Mavg asking

Nothing 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 $7.49M, which is where my estimate comes from.

Per square foot, these ask about $1,757/sqft; this home lists at $3,440/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
17.20MThis home13.50M10.18M6.00M6.00M5.20MThis home vs active comparables

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.

Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M
Woodbine-Lumsden
$949K

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 · 1.4 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 elementary0.3 km · 82% at standard
Oriole Park Junior Public School · Public elementary0.6 km · 100% at standard
Forest Hill Collegiate Institute · Public secondary0.9 km · 76% at standard
North Preparatory Junior Public School · Public elementary1.0 km · 71% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.1 km · 74% at standard
Allenby Junior Public School · Public elementary1.3 km · 78% at standard
Cedarvale Community School · Public elementary1.4 km · 85% at standard
Spectrum Alternative Senior School · Public elementary1.5 km
Davisville Junior Public School · Public elementary1.5 km · 86% at standard
West Preparatory Junior Public School · Public elementary1.7 km · 77% at standard
Humewood Community School · Public elementary1.7 km · 75% at standard
Brown Junior Public School · Public elementary1.7 km · 86% at standard

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

Affordability & Mortgage

Affordability
$78,392/mo
$3087KIncome needed
5.6×Price ÷ income
$18,090Weekly cost
$1,300,950Land 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.

95%mortgage
Mortgage $78,392Property tax $3,825Total carry $82,217

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$76,081per month

Mortgage amount $13,760,000 · 4.49% over 25 years

$3,440,000Down payment (20.0%)
$13,760,000Loan before insurance
$0CMHC premium
$79,906Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$76,081
Property tax
$3,825
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$79,906

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

One-time closing costs

Ontario land transfer tax
$416,475
Toronto municipal land transfer tax
$884,475
Estimated closing costs
$1,300,950

Plus your down payment of $3,440,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$92,084/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

$9,064,420Total interest paid
$22,824,420Total of all payments
Principal $13,760,000 Interest $9,064,420
YearPrincipalInterestBalance
1$307,065$605,912$13,452,935
2$321,007$591,970$13,131,929
3$335,582$577,395$12,796,347
4$350,818$562,158$12,445,529
5$366,747$546,230$12,078,782
6$383,399$529,578$11,695,383
7$400,806$512,170$11,294,577
8$419,005$493,972$10,875,572
9$438,029$474,948$10,437,543
10$457,917$455,059$9,979,626
11$478,709$434,268$9,500,917
12$500,444$412,533$9,000,473
13$523,166$389,811$8,477,306
14$546,920$366,057$7,930,386
15$571,752$341,224$7,358,634
16$597,712$315,265$6,760,922
17$624,851$288,126$6,136,071
18$653,222$259,755$5,482,849
19$682,880$230,096$4,799,969
20$713,886$199,091$4,086,083
21$746,299$166,678$3,339,784
22$780,184$132,793$2,559,600
23$815,608$97,369$1,743,992
24$852,639$60,337$891,353
25$891,353$21,624$0

At the end of your 5-year term

Total paid over the term
$4,564,884
Principal paid down
$1,681,218
Interest paid
$2,883,666
Balance remaining
$12,078,782

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 18 whole-home leases in Forest Hill South$14,682/mo
$176,184Gross annual rent
0.6%Cap rate after taxes and upkeep
$12,030 to $17,170Typical 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 18 whole-home leases in Forest Hill South signed at a median of $11,653 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $14,682. 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.

1.0%
Gross yield
− Property tax $45,901− Insurance $1,400− Vacancy & upkeep $19,380Net operating income $109,503

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES NANCY SAEDI. MLS®/PropTx.

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