108 Forest Hill Road, Toronto, ON

$5,495,000
MLS#:C9350971
5 beds
5 baths
6.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $5,495,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 5 Bathrooms
  • Premium 54.74 x 170.24 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient water heating via gas

Description

Most Prestigious Block On Forest Hill Rd, surrounded by mansions. Incredible deep lot. Sun-filled main floor features oversized family room with walk-out to pool/patio on a 170 ft deep west facing lot. Living/Dining/Kitchen/breakfast area, 2 piece, side entrance to mudroom and closet complete the main floor. Second Floor features a large Primary Bedroom with ensuite plus an additional 2 other bedrooms that walk-out to a large terrace overlooking the backyard. Two additional bedrooms and bathroom on third floor. Lower level with recreation room, laundry room, 2 piece bath and tons of storage space. Oversized 2 car attached garage. Prime Forest Hill location close to UCC, BSS, Forest Hill Public School, Village shops, restaurants and public transit.

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Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 16, 2024
Sold price information is available to members only
Listed Date9/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style3-Storey
ConstructionBrick, Stucco (Plaster)
BasementFinished
Lot Size54.74 × 170.24 Feet
CountyToronto
Annual Tax$19,312.8
Legal DescriptionPt Lt 40-41 Pl 1963 Toronto as in CA95937; City of Toronto

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeWater
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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108 Forest Hill Road, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 108 Forest Hill Road, Toronto C03, ON M4V 2L7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$1,099,000 (20.0%)
* Minimum Canadian down payment required for this price is $1,099,000.
Amortization Period25 Years
Estimated Monthly Payment$26,197Based on a loan of $4,396,000 over 25 years.
Purchase Price$5,495,000
Loan Amount$4,396,000
Provincial Land Transfer Tax:$123,850
Toronto Municipal Land Transfer Tax:$123,850
Total Estimated Closing Taxes:$247,700

About Purchasing a Home in Toronto, ON

For a property listed at $5,495,000 in Toronto, the legal minimum down payment is $1,099,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $123,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $123,850 also applies, bringing the total estimated land transfer taxes to $247,700.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Forest Hill South, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$3,835,369

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3
Holy Rosary
Public354 St. Clair Avenue West, Toronto, Ontario, M5P 2Y1
8.6
North Preparatory
Public1100 Spadina Road, Toronto, Ontario, M5N 2M6
6.3
Hillcrest
Public44 Hilton Avenue, Toronto, Ontario, M5R 3E6
7.8
Davisville
Public529 Vaughan Road, York, Toronto, Ontario, M4S 1J6
6.2

Secondary Schools

Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.