MLS® listing
221 Forest Hill Road: detached house for sale
$21,988,000
From the listing brokerage
Step into a world that feels imagined, yet is beautifully real. Rarely does a home of this scale, beauty and privacy come to market in the heart of Forest Hill. With over 13,000 sq ft of living space on nearly half an acre, this extraordinary estate offers the feeling of a private chateau in one of Toronto's most prestigious neighbourhoods. Just a few years new, the residence was meticulously custom-built by JTF Homes, with craftsmanship that reveals itself in every room. From its stately exterior to its richly detailed interiors, the home evokes the romance of a French castle, with the warmth and comfort of a place designed to be lived in. Grand proportions, exquisite finishes and thoughtful details create spaces that are as inviting as they are impressive. The experience is immediate. You enter, pause and begin to take it all in: the quality of the materials, the care behind each finish and the way every space draws you further inside. This is a home that inspires more than admiration. It stays with you. Surrounded by greenery, the grounds offer a remarkable sense of seclusion. A country-club-size pool, expansive gardens and a basketball court turn the backyard into a private retreat for recreation, relaxation and entertaining. The covered veranda brings the atmosphere of a European estate to everyday life, inviting long summer lunches, quiet mornings and evenings that linger. Here, there is room to gather on a grand scale and space to retreat in complete privacy. Inside and out, the setting feels removed from the city, even as Forest Hill's established streets and surroundings remain just beyond the gates. More than an exceptional address, this is an opportunity to own a home with a presence all its own. A rare combination of recent construction, generous living space and extraordinary grounds, it offers something difficult to recreate: the feeling of entering another world, and knowing you could call it home. A place where the extraordinary feels everyday.
Facts on the listing
| Square feet | 5000 + |
|---|---|
| Approximate age | 0-5 |
| Style | 3-Storey |
| Basement | Finished with Walk-Out |
| Lot width | 0 |
| Lot depth | 205 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 6 |
| Garage | Built-In |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 3 |
| Property tax | $68,506 |
| Tax year | 2026 |
| Parking | Private |
| Interior features | ERV/HRV, Generator - Full, In-Law Suite, Sauna |
| Features | Wooded/Treed |
| View | Park/Greenbelt, Pool, Trees/Woods |
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS® C14033514.
About this detached house
221 Forest Hill Road is a 7 bedroom detached house in TRREB's Forest Hill South community in Toronto, listed for sale at $21,988,000. The listing shows 9 bathrooms and 5000 + square feet. The style is given as 3-storey. The listing gives the basement as finished with walk-out. It comes with 6 parking spaces and a built-in garage according to the listing. The nearest main intersection given is Forest Hill Rd/Larratt St. The age is listed as 0-5 years.
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 221 Forest Hill Road
At the asking price of $21,988,000, 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 | $21,988,000 |
|---|---|
| Ontario land transfer tax | $536,175 |
| Toronto municipal land transfer tax | $1,410,943 |
| Both taxes | $1,947,118 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $4,397,600 |
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 (2026) | $68,506 a year, about $5,709 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 $21,988,000, which is $20,818,000 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 forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 3 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- 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 221 Forest Hill Road
How much is land transfer tax on 221 Forest Hill Road?
At the asking price of $21,988,000 the Ontario tax is $536,175 and the Toronto tax is $1,410,943, $1,947,118 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 221 Forest Hill Road?
$4,397,600 at the asking price of $21,988,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 221 Forest Hill Road?
The listing shows $68,506 a year for 2026, about $5,709 a month.
Is 221 Forest Hill Road priced above or below the median?
It is listed at $21,988,000. 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 $20,818,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 221 Forest Hill Road?
Use the form on this page or call us. Quote MLS® C14033514. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 221 Forest 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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