71 Old Forest Hill Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $7,395,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 8 Bathrooms
- Premium 73 x 199 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Central Vacuum
- equipped with central air central cooling and highly efficient other heating via gas
Description
Welcome To 71 Old Forest Hill Rd, An Elegant Residence Nestled On A Sprawling 73 X 199 (Irr) Ft Lot In The Heart Of Forest Hill. This Exceptional Property Offers 6 Bedrooms And 8 Bathrooms, Showcasing Timeless Architecture With Modern Refinements. The Recently Renovated Primary Suite Is A Sanctuary Unto Itself, Featuring Separate His-And-Her Bathrooms And Spacious Walk-In Closets With Custom Bellini Cabinetry Millwork. The Expansive Backyard, With Its Oversized Pool, Lorne Rose Designed Veranda, And 3 Piece Bath, Is Perfect For Outdoor Entertaining. Inside, The Updated Kitchen Captures Breathtaking Views Of The Lush Gardens, While The Generously Sized Heated Garage Comfortably Accommodates Ample Storage And Vehicles. Whether You Move In As Is Or Customize To Your Vision, This Elegant Estate Presents A Rare Opportunity To Live In One Of Torontos Most Coveted Neighborhoods.
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Pricing & Value Insights
Data-driven valuation for 71 Old Forest Hill Road, Toronto C03, ON M5P 2R3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $7,395,000 in Toronto, the legal minimum down payment is $1,479,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $171,350 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $171,350 also applies, bringing the total estimated land transfer taxes to $342,700.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
