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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $10,289,000 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.
Welcome to 505 Russell Hill Road, an extraordinary custom-built residence in the heart of Forest Hill one of Canada's most prestigious neighbourhoods. Completed in 2023, this timeless limestone two-storey home sits on a prominent corner lot and offers over 9,100 sq. ft. of luxurious living space, complete with a built-in tandem 3-car garage and heated driveway. The bright, family-friendly layout features soaring floor-to-ceiling windows that flood the home with natural light. The open concept kitchen and family room feature heated floors throughout. Chefs kitchen with high end appliances and a secondary fry kitchen with sink and stove rough-in, Ideal for entertaining. The second level showcases a dramatic skylight and four spacious bedrooms, each with its own ensuite, including a primary suite with spa-inspired bath and generous walk-in closet. Elevator that services all floors. The finished lower level is designed for recreation and entertaining, featuring a 45 x 19 bar, nanny suite, rough-in theatre room, indoor swimming pool, hot tub, and rough-in for an additional bathroom.This is a rare opportunity to own a distinguished Forest Hill address, minutes away from the Kay Gardner Beltline Park and Trail - a unique part of Torontos parks and Ravines, and close proximity to Canadas most renowned private schools, including Upper Canada College (UCC) and Bishop Strachan School (BSS). *Please note. Power of sale. Sold as it is.
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Hospital, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Air Exchanger, Auto Garage Door Remote, Bar Fridge, Built-In Oven, Guest Accommodations, In-Law Capability, In-Law Suite, Storage, Ventilation System, Water Heater
Alarm System, Carbon Monoxide Detectors, Monitored, Security System, Smoke Detector
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This could be the first listing for this address.
Data-driven valuation for 505 Russell Hill Road, Toronto C03, ON M5P 2T1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $10,289,000 in Toronto, the legal minimum down payment is $2,057,800 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 $243,700 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $243,700 also applies, bringing the total estimated land transfer taxes to $487,400.
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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.