428 Russell Hill Road, Toronto C03

Price: $7,375,000

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: C12885682

For those who appreciate architecture that stands apart, this distinctive Forest Hill residence offers a refreshing departure from the ordinary. Inspired by West Coast design, the home introduces a rare sense of openness, natural light, and architectural flair to one of Toronto's most prestigious neighbourhoods. Set on an extraordinary 50 x 183 foot west facing lot, the landscaped grounds create a private outdoor retreat featuring a striking gunite pool with waterfall and a fully equipped cabana with kitchen and washroom, perfect for effortless summer entertaining. Inside, approximately 6,000 square feet of thoughtfully designed living space unfolds across multiple levels. A substantial three storey addition enhances the home while preserving its charm. The main floor presents elegant principal rooms including a gracious living room, formal dining room, and a refined library with wood burning fireplace. A spacious family room with floor to ceiling windows overlooks the pool and gardens, creating a seamless connection between indoor and outdoor living. The kitchen is designed for both everyday comfort and entertaining, complete with breakfast area, servery, and a mudroom with convenient side entrance. The second floor features four well proportioned bedrooms along with a sun filled solarium spanning the rear of the home. The entire third level is dedicated to a private primary retreat with sitting room, balcony walkout, skylights, dressing area, and a luxurious six piece ensuite. The lower level offers a recreation room with walkout to the pool, sauna, exercise room, washroom, and abundant storage. A heated garage accommodates up to six vehicles with two lifts, complemented by a heated driveway and front steps. Located on one of Forest Hill's most coveted streets, moments to The Village and renowned schools including UCC, BSS, and South Prep, this is a home defined by character, design, and exceptional lifestyle.

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$7,375,000 - 428 Russell Hill Road, Forest Hill

Detached for Sale in Forest Hill

92 days on market
5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
C12885682
Property Type
Detached
Status
active
Days on Site
92
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Forest Hill / Deer Park
Listing Brokerage
RIGHT AT HOME REALTY
Description

For those who appreciate architecture that stands apart, this distinctive Forest Hill residence offers a refreshing departure from the ordinary. Inspired by West Coast design, the home introduces a rare sense of openness, natural light, and architectural flair to one of Toronto's most prestigious neighbourhoods. Set on an extraordinary 50 x 183 foot west facing lot, the landscaped grounds create a private outdoor retreat featuring a striking gunite pool with waterfall and a fully equipped cabana with kitchen and washroom, perfect for effortless summer entertaining. Inside, approximately 6,000 square feet of thoughtfully designed living space unfolds across multiple levels. A substantial three storey addition enhances the home while preserving its charm. The main floor presents elegant principal rooms including a gracious living room, formal dining room, and a refined library with wood burning fireplace. A spacious family room with floor to ceiling windows overlooks the pool and gardens, creating a seamless connection between indoor and outdoor living. The kitchen is designed for both everyday comfort and entertaining, complete with breakfast area, servery, and a mudroom with convenient side entrance. The second floor features four well proportioned bedrooms along with a sun filled solarium spanning the rear of the home. The entire third level is dedicated to a private primary retreat with sitting room, balcony walkout, skylights, dressing area, and a luxurious six piece ensuite. The lower level offers a recreation room with walkout to the pool, sauna, exercise room, washroom, and abundant storage. A heated garage accommodates up to six vehicles with two lifts, complemented by a heated driveway and front steps. Located on one of Forest Hill's most coveted streets, moments to The Village and renowned schools including UCC, BSS, and South Prep, this is a home defined by character, design, and exceptional lifestyle.

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Estimated Payment

$32,622.11/mo

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5-yr fixed avg.

Principal: $5,900,000Interest: $3,886,634
Mortgage Amount$5,900,000
Total Interest$3,886,634
Est. Property Tax$5,224/mo
Total Cost$9,786,634

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.

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Neighbourhood Guide: Forest Hill / Deer Park

Discover Forest Hill / Deer Park

Forest Hill / Deer Park 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 Forest Hill / Deer Park

  • Convenient location in Forest Hill / Deer Park
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Forest Hill / Deer Park 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.

70
Walk Score
Varies
Price Range

428 Russell Hill Road, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
-0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$5,224
Insurance (est.)-$1,536
Net Cash Flow-$2,310

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $2107/sqft, this property is priced above the Forest Hill 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.

Negotiation Opportunity

At 92 days on site, this property has exceeded the typical selling timeline for Forest Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Forest Hill 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 Forest Hill.

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.

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    428 Russell Hill Road, Forest… — $7,375,000 | Battaglia Team