$8,495,000 - 48 Old Forest Hill Road, Forest Hill
Detached for Sale in Forest Hill
44 days on market- MLS Number
- C13047546
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
From the moment you step inside this custom built Forest Hill residence, you are struck by its timeless elegance, refined transitional design, exceptional attention to detail and the highest quality finishes throughout. Masterfully designed by acclaimed architect Richard Wengle and beautifully curated by Robin Nadel Interiors, this home offers a seamless blend of luxury and functionality. Highlights include custom millwork, marble finishes, and impressive 10' and 11' ceilings throughout the main level. The chef's kitchen is a true showpiece, featuring a 10' centre island with breakfast bar, separate pantry and servery, and a bright breakfast area with two walk-outs to private terraces. Family room with custom built-ins, main floor office, a formal living room with a wood-burning fireplace, and a grand dining room with servery access complete the thoughtfully designed main floor. The second level offers rarely offered five spacious bedrooms and 4 bathrooms. The primary suite is a private retreat, complete with his and hers walk-in closets and a stunning spa-inspired ensuite that rivals a five star hotel. Vaulted ceilings, custom panelling, a linear gas fireplace, and built-ins add warmth and sophistication. The elevator provides convenient access to all levels. The lower level has been thoughtfully designed for both relaxation and entertaining. This level features a large at grade recreation room, a custom designed mudroom with direct access to the three car garage and separate mechanical room, theatre/exercise room, a spa area with wet steam, a custom bar, and a guest suite with its own ensuite. The walk-out leads to a private beautifully landscaped, low maintenance backyard with artificial grass, an irrigation system, and a covered patio ideal for entertaining. Situated on a premium block in Forest Hill, this exceptional home offers unparalled luxury in one of Toronto's most prestigious neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$37,576.25/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 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
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.
48 Old Forest Hill Road, Forest Hill / Deer Park
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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 $2427/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.
Market Position
At 44 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 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 6 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 7 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.