287 RUSSELL HILL Road

Casa Loma, Toronto

287 RUSSELL HILL Road, Casa Loma, Toronto

$9,900,000


Bedrooms: 4

Bathrooms: 7

Living Area: 3,500 sqft

Price Per Sqft: $2,828.57


About this Detached

in Casa Loma, Toronto

Exceptional 75 x 175 ft premium lot,This distinguished pink stone residence, originally built in 1913, is a rare offering in the prestigious neighbourhood of Forest Hill. Rich in history, the property once operated as the renowned Cantab College boys' school during the Depression years before being acquired by the current owners in 1985. The home was meticulously restored and thoughtfully updated, including a seamless stone-clad main floor addition that blends beautifully with the original architecture.The elegant main floor features a welcoming vestibule and grand hall, a cozy library, an entertainment-sized dining room with fireplace, and a gracious living room with bay window and fireplace. Toward the rear, a spacious open-concept kitchen, family, and recreation area with a two-way fireplace overlooks the expansive patio, garden, and swimming pool, creating an ideal setting for both everyday living and entertaining.Upstairs, the second floor offers three bedrooms, including two with ensuite baths, while the third floor provides a substantial bedroom or sitting suite with a three-piece ensuite and cedar closet. The lower level, with 7-foot ceilings, includes a gym and home theatre area with fireplace, additional living quarters, and extensive storage including a wine cellar. The home occupies only a portion of the site, presenting rare potential for future redevelopment or expansion in one of Toronto's most coveted residential enclaves. The property also includes a detached two-car garage with a pool cabana and washroom.Located minutes from two of Canada's most prestigious private schools, Upper Canada College and Bishop Strachan School, this unique residence offers a remarkable opportunity to enjoy its historic charm today while holding significant long-term potential.

Listed by RIGHT AT HOME REALTY.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
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* This material is for informational purposes only.

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