55 Wembley Road, Toronto, ON
Forest Hill North, Toronto · MLS® C14030980
About this home
In short
- Set on a rare and beautifully proportioned 50 x 130' lot in the heart of Upper Forest Hill, this exceptional property presents an outstanding opportunity in one of...
- Whether you're a renovator looking to transform an existing home, a builder seeking an exceptional lot, or a buyer ready to move in and enjoy the property as is, the...
- Perfectly positioned close to local shops, restaurants, transit, the Eglinton West subway, Crosstown LRT and the scenic Beltline Trail, the location combines...
- A rare opportunity to secure a 50 x 130' property in Upper Forest Hill Village with tremendous potential for today and tomorrow.
Set on a rare and beautifully proportioned 50 x 130' lot in the heart of Upper Forest Hill, this exceptional property presents an outstanding opportunity in one of Toronto's most coveted neighbourhoods. Whether you're a renovator looking to transform an existing home, a builder seeking an exceptional lot, or a buyer ready to move in and enjoy the property as is, the possibilities are truly compelling. Surrounded by established homes, mature trees and the timeless character of Forest Hill North, the property offers the space, location and flexibility to suit a variety of visions. Its generous lot dimensions provide an ideal canvas for those looking to create something entirely their own, while the existing residence offers immediate functionality for those who prefer to settle in and make updates over time. Perfectly positioned close to local shops, restaurants, transit, the Eglinton West subway, Crosstown LRT and the scenic Beltline Trail, the location combines neighbourhood charm with exceptional convenience. Families will also appreciate access to some of Toronto's most sought-after schools. A rare opportunity to secure a 50 x 130' property in Upper Forest Hill Village with tremendous potential for today and tomorrow.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C14030980
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 50 × 130 ft
- Cross streets
- Bathurst & Eglinton
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $12,100 / 2026
- Days on market
- 5
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
Forest Hill North, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 19, 2026); conventional rates run a little higher.
Mortgage amount $1,916,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,594
- Property tax
- $1,008
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,602
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,350
- Toronto municipal land transfer tax
- $46,350
- Estimated closing costs
- $92,700
Plus your down payment of $479,000. 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
- $635,634
- Principal paid down
- $234,100
- Interest paid
- $401,534
- Balance remaining
- $1,681,900
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
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.