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Real Estate

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

By Jonathan Forani| Photography by Houssmax
Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office
Listed At
$4,895,000
Sold For
$4,575,000

Address: 122 Richview Avenue
Neighbourhood: Forest Hill Agent: Reesa Sud, Forest Hill Real Estate Inc.
Previously sold: $3,900,000, in 2016

The property

A newish 6,350-square-foot home on a corner lot in Forest Hill. The four-bed, six-bath house has a bright interior and super-high ceilings. With three fireplaces, heated marble floors and a heated driveway, this place is perfectly equipped for long winters.

The history

In the early 2010s, the original owners built the house from the ground up. The sellers, a businessperson and a doctor, moved to Toronto from the United States three years ago. They were drawn to the home because of its proximity to downtown and a few private schools. After receiving a job opportunity, they’re headed back to the U.S.

The marble floor in the main foyer is heated:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

Here’s the dining room. There are 11-foot ceilings in the main floor:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

A look at the gas fireplace in the living room:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

There’s another fireplace in the family room:

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Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

The panelled walls in the office are made of walnut:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

There are marble countertops in the kitchen:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

Here’s another look. The hardwood floors contrast nicely with the snow white cabinetry:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

The main floor powder room is simple yet elegant:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

A snowflake-like chandelier hangs above the staircase:

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Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

The master bedroom has hardwood floors, a fireplace and an ensuite bathroom:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

More white in the master ensuite bathroom, which has a freestanding soaker tub and marble flooring:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

A look at the shower and double vanity sink:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

This second floor bedroom could be used as an office:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

It’s got a semi-ensuite bathroom:

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Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

That it shares with this bedroom:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

There are handy built-in shelves in the basement rec room:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

The downstairs bedroom:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

Which has an ensuite bathroom:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

The exterior of the house is made from Indiana limestone. Unfortunately, that Range Rover isn’t included in the sale price:

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Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office

There’s a nice-sized stone patio in the backyard, along with a decent patch of grass:

Sale of the Week: $4.6 million for a Forest Hill home with a walnut-panelled office
The fate

The buyers are upsizing. They have two young children, so they were drawn to the large kitchen/family room at the back of the house.

The sale

The sellers had already started moving back to the U.S., so they wanted to expedite the sale of the house. Their desire to close quickly, combined with the assumption that December is a slower month for home sales, meant they were willing to settle for a lower offer. The sellers listed the home for less than $5 million. In the first week, they received interest from three buyers and ultimately accepted the winning bid for $320,000 under asking.

By the numbers
    • $4,575,000
    • $22,800 in taxes
    • 6,350 square feet (including basement)
    • 11 days on MLS
    • 6 bathrooms
    • 4 bedrooms
    • 2 parking spaces
    • 2 car garage

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