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Listed 2 months ago

470 Russell Hill Road

Forest Hill South, Toronto

$6,495,000

Detached|3-Storey
5 | 5 | 8
About this home

Welcome home to 470 Russell Hill Rd. Located On One Of The Most Prestigious Streets In Forest Hill. This Well-Appointed Classic Georgian Home Is Perfect For Entertaining. With Grand Living, Dining & Family Rooms, This Home is Turn-Key & Move In Ready. Private Garden That Feels completely secluded. Modern Kitchen With Top Of The Line Wolf & Sub Zero Appliances. Heated Drive In The Front with electric car charger, And Double Car Garage At Rear with additional driveway space. The detached two-car garage is accessible from Old Forest Hill Rd. 5 Large Bedrooms, 2 Laundries, Top Of The Line Finishes Throughout. Steps To Upper Canada College & Bishop Strachan School, Canada's Top Private Schools. A Short walk to the Forest Hill Village shops & restaurants. This home has been lovingly maintained, and is ready for you to move right in. Property is currently tenanted until August 31, 2026 at $22,500.00 Per Month. The Tenants are willing to extend for an additional year if the Buyer agrees until August 31, 2027.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style3-Storey
Approx. Age51-99
Size5000 + sq. ft.
Property Tax$26,778
Lot Size50 ft x 150 ft
mls© NumberC13426984
Listed ByHARVEY KALLES REAL ESTATE LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$33,244
Property tax
$2,231
Heat allowance
$150
Housing costs
$35,626 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,299,000
25-yr amortization

Income needed

$1,096,000

gross annual household income

Payment at 4%
$27,332 / mo
Cash down
$1,299,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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