36 Millbank Avenue, Toronto, ON
Forest Hill South, Toronto · MLS® C13882258
About this home
In short
- Exceptionally Custom Built in Forest Hill by one of Canada's leading, award-winning architects, Siamak Hariri (Hariri Pontarini), engaged by the owners.
- Total Square Footage: 5,857 (4,287 sq ft above ground), plus an Elevator.
- 4 +1 Bedrooms and 7 Bathrooms (2 Baths Lower Level).
- Steps to Ravine trails, Parks, Village Shops, TTC (St Clair W Stn./Heath Exit) & Spadina Bus.
- Natural materials -- Algonquin Limestone, Brazilian Cherry hardwood (Jatoba), Rubble Stone, Mahogany doors and windows, and extensive use of copper, teak and cedar --...
Exceptionally Custom Built in Forest Hill by one of Canada's leading, award-winning architects, Siamak Hariri (Hariri Pontarini), engaged by the owners. Spectacular, custom designed home was magical result of the brilliant collaboration between the genius of Hariri and his sophisticated, family-oriented clients. Total Square Footage: 5,857 (4,287 sq ft above ground), plus an Elevator. 4 +1 Bedrooms and 7 Bathrooms (2 Baths Lower Level). Lot: see Survey. Extra tall walls for remarkable art collection had been a prerequisite, as were flexible multi-use rooms for visiting family and the two active professionals desiring quiet, beautiful spaces both inside and out. Private stone terraces in front and back, and cedar decks above overlook mature trees and nature sanctuary surrounding property. Steps to Ravine trails, Parks, Village Shops, TTC (St Clair W Stn./Heath Exit) & Spadina Bus. UCC & BSS close by. Natural materials -- Algonquin Limestone, Brazilian Cherry hardwood (Jatoba), Rubble Stone, Mahogany doors and windows, and extensive use of copper, teak and cedar -- mix together beautifully in light-filled spaces throughout. Huge glass picture windows, full height sliding glass doors in Front & Back, and the surrounding tall trees outside are viewed everywhere in the home. A central 3-storey 25-ft high Atrium above Dining Room is at the centre of the house, spilling light throughout the main floor's large principal rooms and the centre of the 2nd floor. These elements combine to exude warmth and comfort, and yet are modern, clean and sleek, all at the same time. Magnificent Garden designed by renowned landscape architect, Janet Rosenberg, featuring cut stone, limestone terraces and Owen Sound ledge rock, including for the inspired central water feature, sounding softly like a babbling brook. Meticulously maintained and cared for, and like the finest wine, proves to be more outstanding over time. A stunning and truly unique sanctuary at a brilliant City location!
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13882258
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 45.02 × 148 ft
- Cross streets
- Spadina Rd & Lonsdale Rd
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private Double
- Basement
- Full, Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Stone
- Foundation
- Poured Concrete
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $23,641 / 2025
- Days on market
- 10
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
clerestory · combined w/family · hardwood floor
b/i appliances · cedar closet(s) · linen closet
stone counters · window floor to ceiling · centre island
b/i bookcase · recessed lighting · picture window
skylight · broadloom · b/i shelves
w/o to terrace · sliding doors · marble fireplace
3 pc ensuite · double closet · w/o to sundeck
4 pc ensuite · broadloom
limestone flooring · overlooks garden · w/o to terrace
glass doors · b/i bar · b/i bookcase
2 pc bath · laundry sink · b/i shelves
w/w closet · 5 pc ensuite · w/o to sundeck
double closet · recessed lighting · se view
marble fireplace · b/i bookcase · b/i closet
window floor to ceiling · 3 pc ensuite · w/o to terrace
combined w/living · double closet · window floor to ceiling
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.
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,345/sqft; this home lists at $1,376/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Forest Hill South, Toronto, ON
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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 $4,679,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $25,872
- Property tax
- $1,970
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $27,842
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $132,700
- Toronto municipal land transfer tax
- $188,170
- Estimated closing costs
- $320,870
Plus your down payment of $1,169,800. 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
- $1,552,326
- Principal paid down
- $571,712
- Interest paid
- $980,614
- Balance remaining
- $4,107,488
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.