$6,898,000 - 428 Russell Hill Road, Forest Hill
Detached for Sale in Forest Hill
Neighbourhood: Forest Hill South
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- MLS Number
- C13710534
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
A rare offering in Forest Hill, this exceptional family residence combines impressive scale, architectural character and resort-style living on a 50' x 183' lot. Thoughtfully renovated and expanded with three-storey, the home offers approximately 6,000 of beautifully proportioned living space, where abundant natural light, expansive windows and a seamless connection to the outdoors create a warm and sophisticated atmosphere.The beautifully landscaped are a true private retreat, featuring a gunite pool with waterfall, expansive deck and a fully equipped cabana with kitchen and washroom-perfect for summer entertaining and relaxed family living.Inside, the spacious main floor features gracious living and dining rooms, library with wood-burning fireplace, and family room framed by floor-to-ceiling windows overlooking the pool and gardens. The kitchen is complemented by a breakfast area, servery and mudroom with convenient side entrance.The second level offers four generous bedrooms and a sun-filled solarium extending across the rear of the home. Above, the entire third floor is devoted to an impressive primary retreat complete with sitting room, private balcony, multiple skylights, dressing area and luxurious six-piece ensuite.The lower level continues the home's exceptional lifestyle amenities with a recreation room featuring a built-in entertainment centre and walkout to the pool, along with a sauna, exercise room, washroom and storage.A remarkable heated garage accommodates up to six vehicles with two lifts, while three heating and cooling systems, a glycol/gas heated private driveway and front steps, and excellent mechanicals provide year-round comfort and convenience.Perfectly positioned on one of Forest Hill's most coveted streets, within walking distance of The Village and minutes from Toronto's finest schools including UCC, BSS and South Prep. An exceptional opportunity to enjoy space, privacy and sophisticated family living in the heart of Forest Hill.
Estimate your monthly payments for this property
Estimated Payment
$30,512.18/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.
428 Russell 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 $1971/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 22 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.