This distinguished pink stone residence, originally built in 1913, is a rare offering in the prestigious neighbourhood of Forest Hill. Rich in history, the property once operated as the renowned Cantab College boys' school during the Depression years before being acquired by the current owners in 1985. The home was meticulously restored and thoughtfully updated, including a seamless stone-clad main floor addition that blends beautifully with the original architecture.The elegant main floor features a welcoming vestibule and grand hall, a cozy library, an entertainment-sized dining room with fireplace, and a gracious living room with bay window and fireplace. Toward the rear, a spacious open-concept kitchen, family, and recreation area with a two-way fireplace overlooks the expansive patio, garden, and swimming pool, creating an ideal setting for both everyday living and entertaining.Upstairs, the second floor offers three bedrooms, including two with ensuite baths, while the third floor provides a substantial bedroom or sitting suite with a three-piece ensuite and cedar closet. The lower level, with 7-foot ceilings, includes a gym and home theatre area with fireplace, additional living quarters, and extensive storage including a wine cellar.Set on an exceptional 75 x 175 ft premium lot, the home occupies only a portion of the site, presenting rare potential for future redevelopment or expansion in one of Toronto's most coveted residential enclaves. The property also includes a detached two-car garage with a pool cabana and washroom.Located minutes from two of Canada's most prestigious private schools, Upper Canada College and Bishop Strachan School, this unique residence offers a remarkable opportunity to enjoy its historic charm today while holding significant long-term potential.