106 Richview Avenue, Toronto C03

Price: $11,299,000

5 bedrooms, 6 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: C13701124

Introducing an extraordinary newly built custom residence in prestigious Forest Hill, showcasing an exceptional level of craftsmanship, design and attention to detail. Designed by renowned architect Richard Wengle , interiors by Wise Nadel, this sophisticated residence is a masterclass in modern luxury and timeless elegance. A striking architectural presence gives way to beautifully proportioned, light-filled interiors where soaring ceilings, expansive windows, custom millwork and exquisite finishes create an atmosphere that is both refined and inviting. Every element has been thoughtfully considered, from the dramatic principal rooms and designer kitchen to the seamless flow between formal entertaining spaces and comfortable everyday family living. The home offers generously scaled bedrooms and beautifully appointed bathrooms, complemented by a spectacular lower level designed for recreation, entertaining and relaxation. The exceptional craftsmanship and bespoke detailing throughout reflect the quality expected of a home built by a builder for their own family. Ideally situated on one of Forest Hill's coveted residential streets, moments from the Village, top private and public schools, parks, shops and restaurants. A rare opportunity to own a newly built architectural residence where celebrated design, uncompromising construction and sophisticated family living come together in one of Toronto's most prestigious neighbourhoods.

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New Listing
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$11,299,000 - 106 Richview Avenue, Forest Hill

Detached for Sale in Forest Hill

New — Listed 2 days ago

Neighbourhood: Forest Hill South

5Beds
6Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
C13701124
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
6
Square Feet
5,000+ sqft
Neighbourhood
Forest Hill / Deer Park
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

Introducing an extraordinary newly built custom residence in prestigious Forest Hill, showcasing an exceptional level of craftsmanship, design and attention to detail. Designed by renowned architect Richard Wengle , interiors by Wise Nadel, this sophisticated residence is a masterclass in modern luxury and timeless elegance. A striking architectural presence gives way to beautifully proportioned, light-filled interiors where soaring ceilings, expansive windows, custom millwork and exquisite finishes create an atmosphere that is both refined and inviting. Every element has been thoughtfully considered, from the dramatic principal rooms and designer kitchen to the seamless flow between formal entertaining spaces and comfortable everyday family living. The home offers generously scaled bedrooms and beautifully appointed bathrooms, complemented by a spectacular lower level designed for recreation, entertaining and relaxation. The exceptional craftsmanship and bespoke detailing throughout reflect the quality expected of a home built by a builder for their own family. Ideally situated on one of Forest Hill's coveted residential streets, moments from the Village, top private and public schools, parks, shops and restaurants. A rare opportunity to own a newly built architectural residence where celebrated design, uncompromising construction and sophisticated family living come together in one of Toronto's most prestigious neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$49,979.29/mo

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5-yr fixed avg.

Principal: $9,039,200Interest: $5,954,586
Mortgage Amount$9,039,200
Total Interest$5,954,586
Est. Property Tax$8,003/mo
Total Cost$14,993,786

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 South

Discover Forest Hill South

Forest Hill South 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 South

  • 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 South 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

106 Richview Avenue, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,200/mo
Range: $4,420 - $5,980
Cap Rate (ROI)
-0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,200
Maintenance Fees-$0
Property Tax (est.)-$8,003
Insurance (est.)-$2,354
Net Cash Flow-$5,157

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 $2260/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Forest Hill's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 5,000 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 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 6 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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    106 Richview Avenue | $11,299,000 | Battaglia Team