Welcome to this remarkable vacant land located in the coveted neighborhood of Forest Hill South. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,650,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Exceptional opportunity to build in prestigious Forest Hill South. This property is being offered with fully approved and issued building permits for a spectacular modern residence designed by acclaimed architect Richard Wengle, allowing construction to commence immediately. The approved plans feature approximately 7,719 sq. ft. of total living space, including approximately 2,485 sq. ft. on the lower level, with a thoughtfully designed 4+1 bedroom, 6 bathroom layout featuring a private elevator, gym, sauna, spa area, recreation room and striking contemporary architecture. A rare opportunity to bypass the lengthy design and municipal approval process and begin building a remarkable custom home in one of Toronto's most coveted neighbourhoods. Ideally located near UCC, BSS, Forest Hill Jr. & Sr. PS and FHCI, with convenient access to Forest Hill Village, parks, transit and downtown. Architectural plans, approved permit drawings and comprehensive interior design drawings available to qualified purchasers upon execution of an NDA. VTB financing may be available to qualified purchasers. Property is currently vacant land. Images depicting the proposed residence are architectural renderings for illustration purposes only and do not represent an existing structure.
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This vacant land located at 106A Richview Avenue, Toronto is currently for sale and has been available on SousaSells for 7 days. This property is listed at $3,650,000 with an estimated mortgage of $12,150* per month. It has 0 beds, 0 bathrooms, and is 5000 + square feet. 106A Richview Avenue, Toronto is in the Forest Hill South neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Forest Hill South, Toronto.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 106A Richview Avenue, Toronto, ON in Forest Hill South, Toronto is $3,650,000.
This property features 0 bedrooms and 0 bathrooms across approximately 5000 + sqft.
106A Richview Avenue, Toronto, ON is a Vacant Land () featuring a basement.
Yes, this property offers parking space for 6.0 vehicles.
Heating is provided via standard central heat and cooling via .
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Forest Hill South, Toronto
36 assaults (293.5/100k)
53 B&E (432.1/100k)
28 thefts (228.3/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 106A Richview Avenue, Toronto, ON M5P 3E9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $3,650,000 in Toronto, the legal minimum down payment is $730,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $77,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $77,725 also applies, bringing the total estimated land transfer taxes to $155,450.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Forest Hill South, Toronto.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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