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New1 day ago

287 RUSSELL HILL Road

Casa Loma, Toronto

$9,488,888

Detached|3-Storey
4 | 7 | 7
About this home

A Rare Forest Hill Landmark - Rich in History, Character & Possibility Set on an exceptional 75 x 175 ft lot in prestigious Forest Hill, this distinctive pink stone residence, built in 1913, is a rare offering of architectural character, scale and privacy. Originally a private residence, it later served as Cantab College, a boys' school during the Depression, before being acquired by the current owners in 1985 and lovingly restored from the ground up.The home offers an elegant balance of period character and modern family living. A welcoming vestibule opens to a gracious central hall, leading to a library, formal dining room with fireplace and expansive living room with bay window and fireplace. The heart of the home is an integrated kitchen, eating and family living area with a dramatic two-way fireplace, opening directly to the large patio, landscaped gardens and private swimming pool.The upper levels provide generous bedroom accommodation, including a principal bedroom with fireplace and ensuite, additional ensuite bedrooms and a substantial third-floor bedroom/sitting room with three-piece ensuite and cedar closet.The lower level features approximately seven-foot ceilings and exceptional flexibility, with a gym, private movie theatre with fireplace, bathroom, rooms historically used for live-in help, wine cellar and extensive storage. The space can readily accommodate offices, hobbies, wellness or additional living areas.A detached two-car garage and pool cabana with washroom complete the property. Minutes from Upper Canada College and B.S.S., with Forest Hill's renowned schools, parks and amenities nearby.A truly special residence offering history, character, privacy, exceptional outdoor living and the rare potential of a 75 x 175 ft lot.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style3-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$27,760
Lot Size75 ft x 175 ft
mls© NumberC13685530
Listed ByRIGHT AT HOME REALTY

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$48,568
Property tax
$2,313
Heat allowance
$150
Housing costs
$51,032 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,897,778
25-yr amortization

Income needed

$1,570,000

gross annual household income

Payment at 4%
$39,931 / mo
Cash down
$1,897,778

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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