428 Russell Hill Road, Toronto, ON

Forest Hill South, Toronto · MLS® C14028296

$6,688,000
For Sale
Listed 6 days agoNo offer date stated
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5Bedrooms
5Bathrooms
6Garage · 9 parking
3500-5000Sq ft

About this home

In short

  • A rare offering in Forest Hill, this exceptional family residence combines impressive scale, architectural character and resort-style living on a 50' x 183' lot.
  • Thoughtfully renovated and expanded to three storeys, the home offers approximately 6,000 of beautifully proportioned living space, where abundant natural light...
  • The beautifully landscaped grounds are a true private retreat, featuring a gunite pool with a waterfall, expansive deck and a fully equipped cabana with a kitchen and...
  • Inside, the spacious main floor features gracious living and dining rooms, a library with a wood-burning fireplace, and a family room framed by floor-to-ceiling...
  • The lower level continues the home's exceptional lifestyle amenities with a recreation room featuring a built-in entertainment centre and walkout to the pool, along...

A rare offering in Forest Hill, this exceptional family residence combines impressive scale, architectural character and resort-style living on a 50' x 183' lot. Thoughtfully renovated and expanded to three storeys, the home offers approximately 6,000 of beautifully proportioned living space, where abundant natural light, expansive windows and a seamless connection to the outdoors create a warm and sophisticated atmosphere. The beautifully landscaped grounds are a true private retreat, featuring a gunite pool with a waterfall, expansive deck and a fully equipped cabana with a kitchen and washroom-perfect for summer entertaining and relaxed family living. Inside, the spacious main floor features gracious living and dining rooms, a library with a wood-burning fireplace, and a family room framed by floor-to-ceiling windows overlooking the pool and gardens. The kitchen is complemented by a breakfast area, servery and mudroom with a convenient side entrance. The second level offers four generous bedrooms and a sun-filled solarium extending across the rear of the home. Above, the entire third floor is devoted to an impressive primary retreat complete with sitting room, private balcony, multiple skylights, dressing area and luxurious six-piece ensuite. The lower level continues the home's exceptional lifestyle amenities with a recreation room featuring a built-in entertainment centre and walkout to the pool, along with a sauna, exercise room, washroom and storage. Perfectly positioned on one of Forest Hill's most coveted streets, within walking distance of The Village and minutes from Toronto's finest schools, including UCC, BSS and South Prep. An exceptional opportunity to enjoy space, privacy and sophisticated family living in the heart of Forest Hill.

Key facts

Property type
Detached, 3-Storey
MLS®
C14028296
Bedrooms
5
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
50.25 × 183.41 ft
Cross streets
Spadina Road & Kilbarry Road
Parking
6 garage · 9 parking (attached)
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Pool
Inground, Outdoor
Property tax
$32,503 / 2026
Days on market
6
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Primary BedroomThird8.80 × 8.22 m

vaulted ceiling(s) · skylight · 6 pc ensuite

Bedroom 5Second4.81 × 3.35 m

b/i bookcase · b/i desk · semi ensuite

Bedroom 3Second4.46 × 4.01 m

double closet · semi ensuite · w/o to sunroom

Bedroom 2Second3.62 × 3.62 m

double closet · semi ensuite · w/o to sunroom

Exercise RoomLower10.00 × 3.82 m

B/I Bookcase

Family RoomMain6.36 × 4.99 m

hardwood floor · window floor to ceiling · w/o to pool

Living RoomMain6.99 × 4.06 m

hardwood floor · fireplace · coffered ceiling(s)

DenMain4.06 × 3.04 m

hardwood floor · fireplace · b/i bookcase

BreakfastMain3.67 × 3.24 m

granite floor · pantry · cathedral ceiling(s)

RecreationLower6.36 × 4.81 m

hardwood floor · b/i bookcase · w/o to pool

KitchenMain3.67 × 3.39 m

granite floor · skylight · stainless steel appl

Dining RoomMain4.81 × 3.67 m

hardwood floor · panelled · overlooks garden

Mud RoomMain3.87 × 3.47 m

granite floor · walk-in closet(s) · walk-out

OtherMain1.54 × 1.33 m

hardwood floor · b/i bar · wet bar

SolariumSecond10.41 × 3.62 m

tile floor · large window · overlooks pool

Bedroom 4Second5.08 × 3.35 m

double closet · semi ensuite · large window

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
What sellers nearby are askingCurrently listed nearby in Forest Hill South · asking prices
$5.74Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $1,305/sqft; this home lists at $1,574/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
6.69MThis home5.00M5.85M6.50M5.00M6.38MThis home vs active comparables

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 · 1.1 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 elementary0.2 km · 82% at standard
Oriole Park Junior Public School · Public elementary0.9 km · 100% at standard
Forest Hill Collegiate Institute · Public secondary1.2 km · 76% at standard
Brown Junior Public School · Public elementary1.4 km · 86% at standard
North Preparatory Junior Public School · Public elementary1.4 km · 71% at standard
Spectrum Alternative Senior School · Public elementary1.5 km
Davisville Junior Public School · Public elementary1.5 km · 86% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.5 km · 74% at standard
Cedarvale Community School · Public elementary1.5 km · 85% at standard
Humewood Community School · Public elementary1.6 km · 75% at standard
Allenby Junior Public School · Public elementary1.7 km · 78% at standard
Deer Park Junior and Senior Public School · Public elementary1.7 km · 84% at standard

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

Affordability & Mortgage

Affordability
$30,482/mo
$1248KIncome needed
5.4×Price ÷ income
$7,034Weekly cost
$387,990Land 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.

92%mortgage
Mortgage $30,482Property tax $2,709Total carry $33,190

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)
$29,583per month

Mortgage amount $5,350,400 · 4.49% over 25 years

$1,337,600Down payment (20.0%)
$5,350,400Loan before insurance
$0CMHC premium
$32,292Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$29,583
Property tax
$2,709
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$32,292

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

One-time closing costs

Ontario land transfer tax
$153,675
Toronto municipal land transfer tax
$234,315
Estimated closing costs
$387,990

Plus your down payment of $1,337,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$35,806/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

$3,524,584Total interest paid
$8,874,984Total of all payments
Principal $5,350,400 Interest $3,524,584
YearPrincipalInterestBalance
1$119,398$235,601$5,231,002
2$124,819$230,180$5,106,183
3$130,487$224,513$4,975,696
4$136,411$218,588$4,839,285
5$142,605$212,395$4,696,680
6$149,080$205,920$4,547,600
7$155,848$199,151$4,391,752
8$162,925$192,075$4,228,827
9$170,322$184,677$4,058,505
10$178,055$176,944$3,880,450
11$186,140$168,860$3,694,310
12$194,591$160,408$3,499,719
13$203,426$151,573$3,296,292
14$212,663$142,336$3,083,629
15$222,319$132,681$2,861,311
16$232,413$122,587$2,628,898
17$242,965$112,034$2,385,933
18$253,997$101,003$2,131,936
19$265,529$89,470$1,866,407
20$277,585$77,414$1,588,821
21$290,189$64,810$1,298,632
22$303,365$51,635$995,268
23$317,139$37,861$678,129
24$331,538$23,461$346,591
25$346,591$8,408$0

At the end of your 5-year term

Total paid over the term
$1,774,997
Principal paid down
$653,720
Interest paid
$1,121,277
Balance remaining
$4,696,680

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$7,350/mo
$88,200Gross annual rent
0.7%Cap rate after taxes and upkeep

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.

1.3%
Gross yield
− Property tax $32,503− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $44,595

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.

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