201 Rosemary Road, Toronto, ON

Forest Hill South, Toronto · MLS® C14093250

$11,500,000
For Sale
Just listed todayNo offer date stated
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5+1Bedrooms
8Bathrooms
3Garage · 9 parking
5,000Sq ft

About this home

In short

  • An exceptional custom-built residence on a prominent Forest Hill corner lot, offering nearly 9,000 sq. ft. of impeccably designed living space across four levels...
  • The main level is designed for both elegant entertaining and everyday family living, featuring sophisticated principal rooms, exquisite millwork, heated stone...
  • Radiant heated floors extend throughout all stone-finished areas and the entire lower level.

An exceptional custom-built residence on a prominent Forest Hill corner lot, offering nearly 9,000 sq. ft. of impeccably designed living space across four levels connected by elevator. Surrounded by mature trees and enhanced by expansive windows throughout, this remarkable home is filled with natural light and showcases a rare combination of scale, craftsmanship, and thoughtful design. The main level is designed for both elegant entertaining and everyday family living, featuring sophisticated principal rooms, exquisite millwork, heated stone flooring, and a stunning chef's kitchen appointed with premium Miele appliances, custom cabinetry, and an oversized island. Interiors curated by acclaimed designer Carrie Mudford of CMID create a timeless yet contemporary atmosphere throughout the home. The second level offers four generous bedroom suites, each with its own ensuite. The primary retreat is truly extraordinary, featuring an oversized custom dressing room with extensive built-in cabinetry and a luxurious marble-clad ensuite complete with steam shower, freestanding soaker tub, and private water closet. The third floor provides exceptional flexibility with a fifth bedroom, full bath, private office, built-in bar, and spacious lounge area. Designed with wellness and entertainment in mind, the lower level rivals a private resort, featuring a state-of-the-art fitness centre, steam sauna, dry sauna, expansive recreation room, custom wine cellar, and a spectacular wet bar. A dedicated theatre room with seven premium reclining theatre chairs, serving counter, bar fridge, and microwave creates the ultimate cinematic experience. Radiant heated floors extend throughout all stone-finished areas and the entire lower level. A heated snow-melt driveway accommodates four vehicles with ease, while the exceptional garage configuration offers space for four additional vehicles, including a triple garage with lift access and a separate private bay ideal for a collector automobile.

Key facts

Property type
Detached, 3-Storey
MLS®
C14093250
Bedrooms
5+1 (6 total)
Bathrooms
8 (1 half)
Size
5,000 sq ft
Lot
50 × 131.1 ft
Cross streets
Spadina & Ardmore
Parking
3 garage · 9 parking (built-in)
Driveway
Private Double
Basement
Finished with Walk-Out, Separate Entrance, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Slate
Sewer
Sewer
Pool
Inground, Outdoor
Property tax
$40,804 / 2025
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Bedroom 2Second4.48 × 3.96 m

5 pc ensuite · walk-in closet(s) · hardwood floor

Family RoomGround5.48 × 6.09 m

fireplace · b/i bookcase · picture window

OtherBasement5.70 × 4.75 m

mirrored walls · sauna · 5 pc bath

BedroomBasement4.45 × 3.71 m

hardwood floor · above grade window · 4 pc ensuite

RecreationBasement7.62 × 6.88 m

wet bar · hardwood floor · walk-up

Primary BedroomSecond5.46 × 4.87 m

7 pc ensuite · walk-in closet(s) · picture window

KitchenGround5.48 × 6.09 m

built-in speakers · breakfast area · b/i appliances

OtherBasement8.19 × 4.88 m
OfficeThird4.57 × 3.04 m

b/i bookcase · hardwood floor · bay window

Dining RoomGround5.05 × 4.75 m

b/i bar · pantry · window

Bedroom 3Second4.48 × 4.49 m

5 pc ensuite · large window · hardwood floor

Bedroom 5Third4.84 × 3.65 m

walk-in closet(s) · hardwood floor · semi ensuite

FoyerGround7.31 × 2.84 m

elevator · marble floor · heated floor

BreakfastGround4.27 × 2.13 m

w/o to deck · picture window · led lighting

Living RoomGround5.18 × 4.75 m

hardwood floor · fireplace · window floor to ceiling

SittingThird6.72 × 4.87 m

b/i bar · skylight · hardwood floor

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
$12.56Mavg 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 $2,579/sqft; this home lists at $2,300/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
11.50MThis home10.99M14.88M7.50M16.88MThis 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 · 1.2 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 elementary0.5 km · 82% at standard
Cedarvale Community School · Public elementary0.9 km · 85% at standard
Forest Hill Collegiate Institute · Public secondary1.0 km · 76% at standard
Humewood Community School · Public elementary1.1 km · 75% at standard
Oriole Park Junior Public School · Public elementary1.2 km · 100% at standard
North Preparatory Junior Public School · Public elementary1.3 km · 71% at standard
J R Wilcox Community School · Public elementary1.3 km · 72% at standard
West Preparatory Junior Public School · Public elementary1.4 km · 77% at standard
St Alphonsus Catholic School · Catholic elementary1.6 km · 74% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.7 km · 74% at standard
Hillcrest Community School · Public elementary1.7 km · 85% at standard
Allenby Junior Public School · Public elementary1.8 km · 78% at standard

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

Affordability & Mortgage

Affordability
$52,413/mo
$2097KIncome needed
5.5×Price ÷ income
$12,095Weekly cost
$787,950Land 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.

94%mortgage
Mortgage $52,413Property tax $3,400Total carry $55,814

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)
$50,868per month

Mortgage amount $9,200,000 · 4.49% over 25 years

$2,300,000Down payment (20.0%)
$9,200,000Loan before insurance
$0CMHC premium
$54,269Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$50,868
Property tax
$3,400
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$54,269

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

One-time closing costs

Ontario land transfer tax
$273,975
Toronto municipal land transfer tax
$513,975
Estimated closing costs
$787,950

Plus your down payment of $2,300,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$61,568/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

$6,060,514Total interest paid
$15,260,514Total of all payments
Principal $9,200,000 Interest $6,060,514
YearPrincipalInterestBalance
1$205,305$405,116$8,994,695
2$214,626$395,794$8,780,069
3$224,371$386,049$8,555,697
4$234,559$375,862$8,321,139
5$245,209$365,212$8,075,930
6$256,342$354,078$7,819,588
7$267,981$342,439$7,551,607
8$280,148$330,272$7,271,458
9$292,868$317,552$6,978,590
10$306,166$304,255$6,672,424
11$320,067$290,354$6,352,357
12$334,599$275,821$6,017,758
13$349,791$260,629$5,667,967
14$365,673$244,747$5,302,293
15$382,276$228,144$4,920,017
16$399,633$210,787$4,520,384
17$417,778$192,642$4,102,606
18$436,747$173,674$3,665,859
19$456,577$153,844$3,209,282
20$477,307$133,113$2,731,974
21$498,979$111,441$2,232,995
22$521,635$88,786$1,711,360
23$545,319$65,101$1,166,041
24$570,079$40,342$595,963
25$595,963$14,458$0

At the end of your 5-year term

Total paid over the term
$3,052,103
Principal paid down
$1,124,070
Interest paid
$1,928,033
Balance remaining
$8,075,930

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
0.6%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.

1.1%
Gross yield
− Property tax $40,804− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $69,936

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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