$5,780,000 - 8 Killarney Road, Forest Hill
Detached for Sale in Forest Hill
56 days on market- MLS Number
- C13004082
- Property Type
- Detached
- Status
- active
- Days on Site
- 56
- Bedrooms
- 7
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- MANORLEAD GROUP INC.
Beautiful 6+1 Bedroom Residence, Offering Timeless 1935 Georgian Centre Hall Design With Seamless Flow And Elevated Family Living. Positioned On A Prime 46 x 150 Ft South-Facing Lot Without A Sidewalk, Surrounded By Prestigious Estate Homes. An Impressive Foyer With Soaring 18-Ft Ceiling And Curved Staircase Introduces The Home's Refined Character. The Main Floor Showcases 9-Ft Ceilings, Rich Hardwood Floors, And Elegant Principal Rooms, Including A Sophisticated Living Area With Marble Fireplace, Integrated Audio, Projector, And Retractable Screen. The Inviting Family Room Features Custom Millwork, Ambient Cove Lighting, Fireplace, And Direct Access To A Generous Entertainer's Deck. A Sun-Filled Dining Room With Expansive Windows Is Perfect For Hosting. The Chef's Kitchen Is Appointed With Heated Italian Stone Floors, Premium Stone Surfaces, Centre Island, Sub-Zero Refrigerator, Wolf Range, Thermador Hood, And Miele Appliances, With French Doors Opening Outdoors. The Upper Level Primary Retreat Offers A Walk-In Closet, Luxurious 6-Piece Ensuite, And Private Terrace. A Home Office Extends To A Spacious Deck With Hot Tub Potential. Each Additional Bedroom Includes Its Own Ensuite And Walk-In Closet. The Third Floor Provides Two More Bedrooms, A Bright Skylit Lounge/Media Space, And Shared Bath-Ideal For Growing Families Or Guests. The Fully Finished Lower Level Includes Heated Floors, A Recreation Room With Fireplace, Gym, Wine Cellar, Laundry, Private Nanny Suite, And Separate Entrance. Additional Highlights Include Crestron Smart Home Integration, Tankless Water Heater, New Garage Door, Hot Tub, And Built-In Sound System. Steps To UCC, BSS, Forest Hill Village, Parks, And Transit. An Exceptional Opportunity To Own A Grand And Functional Home In One Of Toronto's Most Prestigious Neighbourhoods.
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Estimated Payment
$25,566.89/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 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.
8 Killarney 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 $1927/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 56 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 3,000 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 7 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.