The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 5 Dewbourne Avenue - a Lorne Rose - designed architectural masterpiece completed in 2023, nestled in the prestigious enclave of Forest Hill. This bespoke contemporary estate on 63 ft south lot offers a seamless fusion of modern luxury and timeless sophistication, encompassing over 7800 sqft. of impeccably crafted living space with 10-15ft ceiling heights throughout. Featuring 5+1 BR with custom Poliform closets and 6 opulent bathrooms, the home is complete with a private home theatre, fitness studio, & mudroom, all thoughtfully distributed across four spectacular levels & accessible by private elevator. A heated driveway with electric gate accommodates up to 6 vehicles, in addition to a heated 2-car garage.Floor-to-ceiling glass walls invite nature indoors, creating a seamless blend of light, space, & natural beauty. At the heart of the home lies a state-of-the-art Scavolini kitchen imported from Italy, paired with Gaggenau appliances & elegant Laminam porcelain surfaces-a chef's dream blending form & function. Thoughtfully designed interiors feature Rimadesio sliding glass doors, expansive windows, creating bright, airy spaces that flow effortlessly.Step outside to your own private resort: a professionally landscaped backyard oasis with a heated saltwater pool and spa, a covered terrace with Bromic radiant heating, integrated surround sound, and a fully equipped Urban Bonfire, outdoor kitchen and bar-ideal for entertaining or quiet relaxation.Additional highlights include fully integrated Control4 smart system, Radiant in-floor heating on the main and lower levels, heated bathroom floors, Hunter Douglas automated shades, 2 Lennox HVAC systems, Generac generator, & an automated irrigation system.Located just steps from Forest Hill Village & some of Toronto's top private and public schools, including UCC, BSS, & Forest Hill Collegiate, this residence is a rare offering in one of the city's most coveted neighbourhoods.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$55,507/mo
Mortgage (principal + interest)$52,186
Property taxFrom listing: $39,846/yr$3,321
Minimum 20% ($2,790,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$2,790,000
Ontario land transfer taxProvincial brackets, no first-time refund$335,225
Toronto land transfer taxMunicipal brackets, no first-time refund$783,200
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$3,911,225
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
