221 Dunvegan Road, Toronto, ON

Forest Hill South, Toronto · MLS® C13816180

$12,995,000
For Sale
Listed 27 days agoNo offer date stated
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6+1Bedrooms
8Bathrooms
2Garage · 6 parking
5,000Sq ft

About this home

In short

  • An Exceptional Residence In The Heart Of Forest Hill, Where Architectural Pedigree, Sophisticated Design And Uncompromising Construction Come Together In A Truly...
  • Offering Over 8,700 Square Feet Of Living Space, The Home Is Designed By Renowned Architect Richard Wengle, With Interiors By Robyn C.
  • 221 Dunvegan Road Was Created With An Extraordinary Level Of Attention To Detail.
  • The Backyard Is Anchored By A Gib-San Pool, Creating A Private Outdoor Retreat Designed For Both Entertaining And Family Living, With A Wonderful Sense Of Privacy And...
  • A Cambridge Elevator Provides Convenient Access Throughout The Home, While The Garage Features An Impressive Car Lift With Access To The Lower Level, An Exceptional...

An Exceptional Residence In The Heart Of Forest Hill, Where Architectural Pedigree, Sophisticated Design And Uncompromising Construction Come Together In A Truly Remarkable Setting. Offering Over 8,700 Square Feet Of Living Space, The Home Is Designed By Renowned Architect Richard Wengle, With Interiors By Robyn C. Clarke And Construction By GES. 221 Dunvegan Road Was Created With An Extraordinary Level Of Attention To Detail. From The Quality Of The Materials To The Precision Of The Craftsmanship, Every Element Reflects Exceptional Construction, Thoughtful Design And A Refined Sense Of Timeless Luxury. The Home Is Surrounded By Mature, Private Landscaping, Creating A Secluded Setting Rarely Found In Such A Central Location. The Backyard Is Anchored By A Gib-San Pool, Creating A Private Outdoor Retreat Designed For Both Entertaining And Family Living, With A Wonderful Sense Of Privacy And Calm. A Cambridge Elevator Provides Convenient Access Throughout The Home, While The Garage Features An Impressive Car Lift With Access To The Lower Level, An Exceptional Feature For The Automotive Enthusiast Or Collector. A Heated Private Driveway Adds Another Layer Of Comfort And Convenience. Set On One Of Forest Hill's Most Established Streets, The Location Is Equally Remarkable. Walk To Forest Hill Village, Enjoy Easy Access To Many Of Toronto's Most Respected Schools, And Experience Everything That Makes This One Of The City's Most Sought-After Neighbourhoods. 221 Dunvegan Road Is A Rare Combination Of Architectural Distinction, Exceptional Craftsmanship, Privacy, Sophisticated Living And An Irreplaceable Forest Hill Location.

Key facts

Property type
Detached, 3-Storey
MLS®
C13816180
Bedrooms
6+1 (7 total)
Bathrooms
8 (1 half)
Size
5,000 sq ft
Lot
50 × 166.4 ft
Cross streets
SPADINA RD AND EGLINTON AVE W
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Unknown
Roof
Slate
Sewer
Sewer
Pool
Inground
Property tax
$51,255 / 2025
Days on market
27
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Bedroom 4Second3.90 × 4.75 m

3 pc ensuite · walk-in closet(s) · broadloom

SittingThird3.73 × 4.06 m

built-in speakers · pot lights · w/o to balcony

Media RoomLower5.90 × 5.00 m

broadloom · built-in speakers · pot lights

RecreationBasement5.79 × 4.78 m

w/o to yard · halogen lighting · hardwood floor

Living RoomMain4.78 × 5.11 m

hardwood floor · gas fireplace · window

SittingThird5.82 × 5.64 m

hardwood floor · halogen lighting · w/o to deck

KitchenMain5.31 × 5.11 m

stainless steel appl · w/o to patio · pantry

Bedroom 5Third3.73 × 4.06 m

closet · broadloom

Family RoomMain5.49 × 7.37 m

gas fireplace · b/i bookcase · built-in speakers

Exercise RoomLower5.66 × 5.00 m

heated floor · mirrored walls · walk-out

Bedroom 2Second4.62 × 5.21 m

ensuite bath · hardwood floor · pot lights

Living RoomMain4.78 × 5.11 m

hardwood floor · gas fireplace · pot lights

BedroomThird3.73 × 5.08 m

walk-in closet(s) · broadloom

LaundryLower4.78 × 3.07 m

heated floor · laundry sink · pot lights

Primary BedroomSecond5.49 × 6.81 m

6 pc ensuite · walk-in closet(s) · w/o to deck

Media RoomBasement5.79 × 5.00 m

broadloom · halogen lighting

BedroomBasement3.23 × 5.00 m

window · closet · 3 pc ensuite

BedroomLower3.23 × 5.00 m

above grade window · broadloom · ensuite bath

Dining RoomMain4.88 × 5.49 m

hardwood floor · crown moulding · walk-thru

Family RoomMain5.49 × 7.37 m

hardwood floor · french doors · b/i shelves

Bedroom 3Second4.90 × 4.88 m

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

Dining RoomMain4.88 × 5.49 m

hardwood floor · picture window · pot lights

KitchenMain5.31 × 5.11 m

pantry · heated floor · centre island

BreakfastMain3.20 × 4.27 m

bay window · combined w/kitchen · walk-out

Bedroom 3Second4.90 × 4.88 m

3 pc ensuite · walk-in closet(s) · broadloom

Exercise RoomBasement5.66 × 4.01 m

w/o to yard · mirrored walls

BedroomThird3.73 × 5.08 m

broadloom · walk-in closet(s) · picture window

Primary BedroomSecond5.49 × 6.81 m

vaulted ceiling(s) · w/o to balcony · ensuite bath

RecreationLower5.79 × 4.78 m

heated floor · walk-out · wet bar

Bedroom 5Third3.73 × 4.06 m

broadloom · closet · pot lights

Bedroom 2Second4.62 × 5.21 m

4 pc ensuite · hardwood floor · closet

Bedroom 4Second3.96 × 4.75 m

ensuite bath · walk-in closet(s) · moulded ceiling

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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 · 1.5 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
Also nearby: 12 more schools within 2.5 km
Forest Hill Junior and Senior Public School · Public elementary0.4 km · 82% at standard
Oriole Park Junior Public School · Public elementary0.5 km · 100% at standard
Forest Hill Collegiate Institute · Public secondary0.9 km · 76% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.0 km · 74% at standard
North Preparatory Junior Public School · Public elementary1.1 km · 71% at standard
Allenby Junior Public School · Public elementary1.2 km · 78% at standard
Spectrum Alternative Senior School · Public elementary1.3 km
Davisville Junior Public School · Public elementary1.3 km · 86% at standard
Cedarvale Community School · Public elementary1.6 km · 85% at standard
St Monica Catholic School · Catholic elementary1.7 km · 78% at standard
Brown Junior Public School · Public elementary1.7 km · 86% at standard
North Toronto Collegiate Institute · Public secondary1.8 km · 88% at standard

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

Affordability & Mortgage

Affordability
$59,227/mo
$2385KIncome needed
5.4×Price ÷ income
$13,668Weekly cost
$922,500Land 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.

93%mortgage
Mortgage $59,227Property tax $4,271Total carry $63,498

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)
$57,481per month

Mortgage amount $10,396,000 · 4.49% over 25 years

$2,599,000Down payment (20.0%)
$10,396,000Loan before insurance
$0CMHC premium
$61,753Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$57,481
Property tax
$4,271
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$61,753

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

One-time closing costs

Ontario land transfer tax
$311,350
Toronto municipal land transfer tax
$611,150
Estimated closing costs
$922,500

Plus your down payment of $2,599,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$69,572/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

$6,848,380Total interest paid
$17,244,380Total of all payments
Principal $10,396,000 Interest $6,848,380
YearPrincipalInterestBalance
1$231,994$457,781$10,164,006
2$242,528$447,247$9,921,478
3$253,540$436,236$9,667,938
4$265,051$424,724$9,402,887
5$277,086$412,689$9,125,801
6$289,667$400,109$8,836,134
7$302,819$386,957$8,533,315
8$316,568$373,207$8,216,748
9$330,941$358,834$7,885,806
10$345,967$343,808$7,539,839
11$361,676$328,100$7,178,164
12$378,097$311,678$6,800,066
13$395,264$294,511$6,404,802
14$413,211$276,564$5,991,591
15$431,972$257,803$5,559,619
16$451,586$238,190$5,108,034
17$472,089$217,686$4,635,944
18$493,524$196,251$4,142,420
19$515,932$173,843$3,626,488
20$539,357$150,418$3,087,131
21$563,846$125,929$2,523,284
22$589,447$100,328$1,933,837
23$616,211$73,565$1,317,627
24$644,189$45,586$673,438
25$673,438$16,338$0

At the end of your 5-year term

Total paid over the term
$3,448,876
Principal paid down
$1,270,199
Interest paid
$2,178,677
Balance remaining
$9,125,801

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
0.5%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

1.0%
Gross yield
− Property tax $51,255− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $59,485

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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