12 Millbank Ave
Forest Hill South, Toronto, Ontario M5P 1S3
- Bedrooms
- 4+1
- Bathrooms
- 6
- Size
- 3,000–3,500sq ft
- Per sq ft
- $1,629at the range’s middle
- Lot
- 47.62 x 137.33 ft
- Tax a year
- $24,1762025 tax year
- Built
- 51-99
- Parking
- 41 built-in
- Days on market
- Members
The brief
About 12 Millbank Ave
12 Millbank Ave is a 4+1-bedroom, 6-bathroom detached house in Forest Hill South, Toronto, listed for sale at an asking price of $5,295,000 (MLS® C14124326).
Situated on one of Forest Hill's most coveted and quietest streets, 12 Millbank Avenue is an exquisitely-designed home exuding luxury at every turn. Meticulously rebuilt over two years, including a primary suite addition in 2019, this Tudor-style brick house blends traditional Forest Hill charm with a modern elevated aesthetic design throughout by Tara Fingold Design Group. At the heart of this home is a large open-concept kitchen with an oversized island, a suite of Sub-Zero and Thermador appliances, walk-in pantry and adjoining breakfast area. All adjacent to an exquisite dining room with a window seat and custom cabinetry. Steps down to a bright, expansive family room with electric fireplace, a wetbar and floor-to-ceiling windows overlooking an impeccably-designed yard with both outdoor dining and seating, built-in BBQ, swimming pool and sport court, all among a topiary of tall trees. The primary suite addition is an oasis, with a stunning bespoke built-in King sized bed, an office with custom cabinetry, a walk-in closet, 5-piece spa ensuite and potential for a walkout deck. Three chic bedrooms with ensuites, custom millwork and closets along with a spacious secondary laundry room round out this space. A mud room with ample storage greets you on the fully-finished lower level, with abundant family space. A luxurious media room with custom cabinetry, spacious rec room/gym, laundry room, 3-piece bath and abundant storage. Partially heated driveway. This unique location provides the best of both worlds - the privacy of a tree-lined street, and steps away from the well-loved shops & restaurants that Forest Hill Village has to offer and easy access for all transportation. Moments from leading private schools such as BSS, UCC and St. Mike's, and in the catchment for Forest Hill Elementary School and Forest Hill Collegiate. No stone was left unturned in this impeccably-designed and functional house, making this a home not to be missed.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$21,172/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 126 detached homes with 5 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $24,176 / 2025
- MLS® number
- C14124326
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 47.62 x 137.33 ft
- Listed on
- Parking
- 1 Built-In, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Forest Hill South
- Municipality
- Toronto
Building
- Size
- 3000-3500 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 6
- Bathroom Details
- 1 × 2pc Main, 1 × 5pc 2nd, 2 × 4pc 2nd, 1 × 3pc 2nd, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Built-In
- Garage
- 1
- Additional Parking
- 3
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 47.62 ft
- Depth
- 137.33 ft
- Lot Size
- 47.62 x 137.33 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- Inground
- Den
- Yes
- Family room
- Yes
- Extras
- All Appliances: Sub-Zero Fridge & Freezer, Thermador Stainless Steel Wall Oven, Steam Oven, Warming Drawer, Microwave Drawer, Built-In Coffee Maker, Dishwasher, Freedom Induction Cooktop, Double Drawer Drink Fridge, Dual-Zone Wine Fridge, and Samsung Fridge/Freezer in basement. 2 Sets LG Washers/Dryers. All Custom Built-Ins. All Window Lutron Blinds, Shades, and Coverings, All Light Fixtures except where noted in exclusions. Built-In Sonos Home Speaker System, Built-In Surround Sound System in Family Room and Media Room (Receivers Included), Central Vacuum System (all equipment), Water Purification System, Outdoor BBQ and Pizza Oven, Pool Equipment, Sport Court & Equipment, Avante Alarm System (Monitoring Extra), Ring Doorbell, Exterior 9-Camera Security System, Outdoor Irrigation System, Electric Garage Door System, Generac Generator.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 1.18 × 5.26 m | Porcelain Floor, B/I Shelves, Pot Lights | Main |
| Kitchen | 4.17 × 4.95 m | Centre Island, Marble Counter, Stainless Steel Appl | Main |
| Breakfast | 2.46 × 4.72 m | Porcelain Floor, Casement Windows, O/Looks Backyard | Main |
| Pantry | 1.55 × 2.77 m | Porcelain Floor, B/I Shelves, Bar Sink | Main |
| Family | 5.31 × 6.81 m | hardwood floor, Window Flr to Ceil, B/I Bar | Main |
| Dining | 3.79 × 5.82 m | hardwood floor, French Doors, B/I Shelves | Main |
| Primary | 3.94 × 4.85 m | hardwood floor, W/I Closet, 5 Pc Ensuite | 2nd |
| Office | 2.06 × 2.08 m | hardwood floor, B/I Shelves, B/I Desk | 2nd |
| 2nd Br | 3.58 × 4.24 m | hardwood floor, W/I Closet, 4 Pc Ensuite | 2nd |
| 3rd Br | 3.81 × 3.86 m | hardwood floor, B/I Desk, 4 Pc Ensuite | 2nd |
| 4th Br | 2.77 × 3.23 m | hardwood floor, Picture Window, 3 Pc Ensuite | 2nd |
| Laundry | 1.78 × 1.83 m | Tile Floor, Laundry Sink, B/I Shelves | 2nd |
| Media/Ent | 3.43 × 6.12 m | Broadloom, Built-In Speakers, B/I Shelves | Bsmt |
| Rec | 4.04 × 6.05 m | B/I Shelves, Casement Windows, Pot Lights | Bsmt |
| Laundry | 1.75 × 3.81 m | B/I Shelves, Laundry Sink, Casement Windows | Bsmt |
Listing history
Buy/sell history for 12 Millbank Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $5,295,000 | N/A | For Sale | C14124326 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $1,059,000
- Total mortgage amount
- $4,236,000
- Total interest payment
- $3,011,100
- Total purchase cost
- $8,306,100
- Mortgage payment
- $24,157/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
90%Monthly carrying cost
$26,172- Rent $5,000
- Shortfall $21,172
Rental income opens at $5,000, the median asking rent of 126 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $118,850
- Toronto municipal land transfer tax
- $157,700
- Total land transfer tax
- $276,550
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $268,075
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $5,295,000
- $82,375
- Ontario total
- $118,850
Toronto’s municipal tax has its own higher brackets at this price, so it adds $157,700.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Street frontage
- 47.62 ft14.5 m
- Depth
- 137.33 ft41.9 m
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by Survey.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m26 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 38 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 5.6 km5.6 km
- Mapped parcel: about 5,230 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RD (f12.0; d0.65) (x1321)By-law
569-2013Municipality
Toronto1 f12.0
Frontage: at least 12.0 m.
2 d0.65
Density: floor area is capped at 0.65 times the lot area.
3 x1321
Site-specific exception 1321: this site has rules of its own, written in the by-law.
4 Where this is written
Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(1321)
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
4 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Closed
HVAC - Proposal for 2nd floor addition and interior alterations
Issued September 7, 2018
Back Water Valve (Sewer only)Closed
Installation of back water valve and replace old sanitary clay pipe related to tree roots damage with total length around 100'
Issued July 19, 2018
Building Permit Related(PS)Closed
Plumbing - Proposal for 2nd floor addition, interior alterations and new rear balcony
Issued February 20, 2018
Multiple ProjectsClosed
Proposal for 2nd floor addition and interior alterations
Issued February 20, 2018
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
1 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
280 m away3 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
280 m away5 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
280 m away7 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
290 m away9 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
290 m away11 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
300 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Forest Hill South right now
- For sale now
- 47
- Median asking price
- $5.66M
- New in 7 days
- 4
- Price cuts
- 9%
Middle half: $4M to $10.1M
20 in 28 days
4 listings
This home is asking 6% below the median.
See all homes in Forest Hill SouthAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Clair West Station | TTC subway: Line 1 Yonge-University | 700 m |
| Chaplin Station | TTC light rail: Line 5 Eglinton | 1.4 km |
| Forest Hill Station | TTC light rail: Line 5 Eglinton | 1.4 km |
| Avenue Station | TTC light rail: Line 5 Eglinton | 1.7 km |
| Bloor GO | GO Transit train: KitchenerUP Express train | 4.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Forest Hill Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 · French Immersion | 600 m | 93%Grade 6 average |
| Holy Rosary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 600 m | 82%Grade 6 average |
| Humewood Community SchoolToronto DSB | Public · grades JK–8 · French Immersion | 1.1 km | 79%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.6 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Forest Hill Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.5 km | 60%Grade 9 math |
| Marshall McLuhan Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 2 km | 59%Grade 9 math |
| Oakwood Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 2.1 km | 44%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 4.4 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Forest Hill South are shown to signed-in members.