$6,380,000 - 302 Russell Hill Road, Yorkville
Detached for Sale in Yorkville
37 days on market- MLS Number
- C13116540
- Property Type
- Detached
- Status
- active
- Days on Site
- 37
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
A Rare and Refined Offering On One Of Forest Hill South's Most Prestigious Streets. This Stunning Residence Sits On A Remarkable 55' x 181' West Facing Lot And Has Been Extensively Updated By Current Owners To Blend Timeless Charm With Exceptional Craftsmanship and Comfort, Including Richly Restored Original Hardwood Floors and Architectural Details, Custom Kitchen With Top-Of-The-Line Wolf/Sub-Zero Appliances and Statuario Marble Throughout, Coved Ceilings and Crown Moulding, Custom Leaded Windows, And Designer Embellishments At Every Turn. The Gourmet Kitchen With Adjacent Servery and Grand Principal Rooms With Sun Room Complete The Main Level, Along With A Striking Side Staircase Leading To Three Spacious Bedrooms On The 2nd Floor With Walkout To The Upper Level Terrace. The Primary Suite Is A Private Retreat, Offering Custom Built-Ins, Lavish Marble Ensuite and Sitting Room Overlooking The Rear Gardens. Additional Living Spaces Include A Third-Level Complete With Expansive Office Space Which Can Be Converted To 2 Bedrooms If Needed, 4th Bedroom and 3PC Bathroom, Plus A Fully Finished Lower Level With A Very Convenient Laundry Room, Nanny's Suite Featuring 4PC Ensuite and Lower Level Rec Room/Fitness Room Plus Ample Storage Space. This Residence's Gated and Fully Fenced Rear Gardens Are Equally Impressive, With Exquisite Stonework, Integrated Lighting, Irrigation And Meticulous Landscape Design Including Salt Water Pool and Multiple Entertaining Spaces. A Beautifully Renovated Midtown Retreat Designed For Luxury & Comfort.
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Estimated Payment
$28,220.89/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Annex / Yorkville / Summerhill
Annex / Yorkville / Summerhill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Annex / Yorkville / Summerhill
- •Convenient location in Annex / Yorkville / Summerhill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Annex / Yorkville / Summerhill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
302 Russell Hill Road, Annex / Yorkville / Summerhill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1823/sqft, this property is priced above the Yorkville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Yorkville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Yorkville.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.