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Forest Hill South, Toronto
$12,500,000
An elegant, traditional residence ideally situated on one of the Forest Hill Village's most desirable streets. Masterfully renovated and re-imagined by Gluckstein/Wengle, this exceptional home showcases impressive principal rooms, refined finishes and timeless sophistication throughout. Thoughtfully designed for both gracious entertaining and comfortable family living. The beautifully landscaped, deep property features a stunning limestone terrace complete with a built-in gas BBQ and outdoor fireplace, creating the ideal atmosphere for family dinners and entertaining. Located just moments from some of Toronto's finest private schools, shops and amenities. A truly exceptional offering where exquisite craftsmanship, generous proportions and elegant design must be seen to be fully appreciated.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $63,981
- Property tax
- $3,349
- Heat allowance
- $150
- Housing costs
- $67,479 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$2,076,000
gross annual household income
- Payment at 4%
- $52,602 / mo
- Cash down
- $2,500,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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