$6,349,000 - 36 Millbank Avenue, Forest Hill
Detached for Sale in Forest Hill
45 days on marketNeighbourhood: Forest Hill South
- MLS Number
- C13544476
- Property Type
- Detached
- Status
- active
- Days on Site
- 45
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Exceptionally Custom Designed in Forest Hill by one of Canada's leading, award-winning architects, Siamak Hariri (Hariri Pontarini), engaged by the owners. This magnificent and custom-built home was a magical result of the brilliant collaboration between the genius of Hariri and his sophisticated and family-oriented clients. Total Square Footage is: 5,857 (4,287 sq ft above ground) and there's an Elevator. 4 +1 Bedrooms and 7 Bathrooms (2 Baths Lower Level). Lot: see survey. Extra tall walls for their remarkable art collection had been a prerequisite, as were flexible multi-use rooms for visiting family and the two active professionals desiring quiet, beautiful spaces both inside and out. Private stone terraces in front and back, and cedar decks above overlook the mature trees and nature sanctuary surrounding the property. Yet, it's close to Forest Hill Village shops, TTC, and Ravine trails. Natural materials - Algonquin Limestone, Brazilian Cherry hardwood (Jatoba), Rubble Stone, Mahogany doors and windows, and extensive use of copper, teak and cedar - mix together beautifully in light-filled spaces throughout. Huge glass picture windows, full height sliding glass doors, and the surrounding tall trees outside are viewed everywhere in the home. The central 3-storey atrium above the dining room is at the centre of the house, spilling light throughout the main floor and the centre of the 2nd floor. All of these elements combine to exude warmth and comfort, and yet are modern, clean and sleek, all at the same time. A Magnificent Garden was designed by renowned landscape architect, Janet Rosenberg, featuring cut stone, limestone terraces and Owen Sound ledge rock, including for the inspired central water feature, sounding softly like a babbling brook. Everything has been meticulously maintained and cared for, and like the finest wine, proves to be more outstanding over time. A stunning and truly unique sanctuary at a brilliant City location!
Estimate your monthly payments for this property
Estimated Payment
$28,083.77/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 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
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.
36 Millbank Avenue, 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 $1814/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 45 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 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.