MLS® listing
287 RUSSELL HILL Road: detached house for sale
$9,488,888
From the listing brokerage
A Rare Forest Hill Landmark - Rich in History, Character & Possibility Set on an exceptional 75 x 175 ft lot in prestigious Forest Hill, this distinctive pink stone residence, built in 1913, is a rare offering of architectural character, scale and privacy. Originally a private residence, it later served as Cantab College, a boys' school during the Depression, before being acquired by the current owners in 1985 and lovingly restored from the ground up.The home offers an elegant balance of period character and modern family living. A welcoming vestibule opens to a gracious central hall, leading to a library, formal dining room with fireplace and expansive living room with bay window and fireplace. The heart of the home is an integrated kitchen, eating and family living area with a dramatic two-way fireplace, opening directly to the large patio, landscaped gardens and private swimming pool.The upper levels provide generous bedroom accommodation, including a principal bedroom with fireplace and ensuite, additional ensuite bedrooms and a substantial third-floor bedroom/sitting room with three-piece ensuite and cedar closet.The lower level features approximately seven-foot ceilings and exceptional flexibility, with a gym, private movie theatre with fireplace, bathroom, rooms historically used for live-in help, wine cellar and extensive storage. The space can readily accommodate offices, hobbies, wellness or additional living areas.A detached two-car garage and pool cabana with washroom complete the property. Minutes from Upper Canada College and B.S.S., with Forest Hill's renowned schools, parks and amenities nearby.A truly special residence offering history, character, privacy, exceptional outdoor living and the rare potential of a 75 x 175 ft lot.
Facts on the listing
| Square feet | 3500-5000 |
|---|---|
| Style | 3-Storey |
| Basement | Finished with Walk-Out |
| Lot width | 75 |
| Lot depth | 175 |
| Lot measured in | Feet |
| Faces | East |
| Parking spaces | 7 |
| Garage | Detached |
| Heating | Radiant |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $27,760 |
| Tax year | 2025 |
| Interior features | Auto Garage Door Remote, Bar Fridge, Built-In Oven, Generator - Full, In-Law Suite |
Listing courtesy of RIGHT AT HOME REALTY. MLS® C13685530.
About this detached house
287 RUSSELL HILL Road is a 6 bedroom detached house in TRREB's Casa Loma community in Toronto, listed for sale at $9,488,888. The listing shows 7 bathrooms and 3500-5000 square feet. The style is given as 3-storey. The lot is listed as 75 by 175 feet. The listing gives the basement as finished with walk-out. It comes with 7 parking spaces and a detached garage according to the listing. The nearest main intersection given is ST CLAIR / SPADINA.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 287 RUSSELL HILL Road
At the asking price of $9,488,888, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $9,488,888 |
|---|---|
| Ontario land transfer tax | $223,697 |
| Toronto municipal land transfer tax | $451,753 |
| Both taxes | $675,450 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $1,897,778 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $27,760 a year, about $2,313 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $9,488,888, which is $8,318,888 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as radiant.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 75 by 175 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 287 RUSSELL HILL Road
How much is land transfer tax on 287 RUSSELL HILL Road?
At the asking price of $9,488,888 the Ontario tax is $223,697 and the Toronto tax is $451,753, $675,450 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 287 RUSSELL HILL Road?
$1,897,778 at the asking price of $9,488,888, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 287 RUSSELL HILL Road?
The listing shows $27,760 a year for 2025, about $2,313 a month.
Is 287 RUSSELL HILL Road priced above or below the median?
It is listed at $9,488,888. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $8,318,888 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 287 RUSSELL HILL Road?
Use the form on this page or call us. Quote MLS® C13685530. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 287 RUSSELL HILL Road still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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