Home with brick exterior material, street for 16 Elderwood Dr, Toronto Ontario M5P 1W5
8 days on Market

16 Elderwood Dr, Toronto, Ontario M5P 1W5

Detached
5 + 1
5
~3500-5000 sqft
$5,388,000
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Detached
5 + 1
5
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,308/sqft

Est. Mortgage$23,139/mo

Tax Amount (2024)$20,629/yr

Days On Market8 days


Description

Welcome To 16 Elderwood Drive. A Charming 2 Storey Detached Family Home, Strategically Located In The Prestigious Community Of Forest Hill In The Heart Of Toronto!!! This Executive Gem Sits On Aprox 60 Ft Premium Wide Lot In A Mature Treed & Family Quite Street, Featuring An Over Sized Built-In Car Garage, Double Interlocked Driveway, Spacious 5 Bdrms, 5 Upgraded Baths & Chefs Gourmet Beautiful Kitchen W/Built-In Appliances, Formal Living & Dining Rms W/French Doors & Large Windows, Cozy Family Rm W/Fireplace, Primary Bdrm W/6 Pc Insuite Bath, Hardwood Flrs & Potlights Thru-Out, A Stunning Private Backyard & A Huge Cedar Deck! This Elegant, Sun-Filled & South Facing Property C/W Spacious Finished Basement For Great Entertainment, W/Huge Rec Rm, Fireplace, Full Bath & Separate Entrance. You Don't Want To Miss This Rare Opportunity! Walking Distance To Forest Hill Village, Top-Rated Schools, Parks, Restaurants, Shops & Public Transit.***Truly A Unique Family Home W/Lots Of Potentials!***


Property Details

Style2-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size6,263 SqFt(105.15 x 59.57)
Parking Spaces5
MLS ®NumberC11972438
Community NameForest Hill
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Radiant
Cooling: Central Air
Fireplace
Basement: Finished, Sep Entrance

Main Floor

Dining

0.00 x 0.00

Wainscoting / French Doors / Hardwood Floor

Kitchen

0.00 x 0.00

Backsplash / Breakfast Bar / Hardwood Floor

Breakfast

0.00 x 0.00

Skylight / Hardwood Floor / Pot Lights

Family

0.00 x 0.00

Fireplace / W/O To Patio / French Doors


Features

Lot size: 6,263 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 4

Total parking spaces 5


Property History

Feb 14, 2025
ListedActive
$5,388,000
8 days on market
history photo preview4
Listing by trreb®
Property listed by ROYAL LEPAGE SIGNATURE REALTY, Brokerage

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Market Data - Forest Hill

Geo Zone Map ThumbnailForest Hill

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

14 days

Compared to

2024

35 days

2023

11 days

2022

28 days

New Listings

Past 30 days

35 listings

Compared to

2024

24 listings

2023

17 listings

2022

11 listings

Units sold

Past 30 days

2 units

Compared to

2024

3 units

2023

3 units

2022

8 units

Median Sold Price

Past 30 days

$2,945,518

Compared to

2024

$5,160,000

2023

$3,680,888

2022

$6,579,000


Population and Demographics

Overview

Total population 14741
Average household income $317,473

Age (%)

65 and plus
25%
20 to 34
21%
50 to 64
19%
35 to 49
18%
0 to 19
16%

Household composition (%)

Single family
52%
Single person
43%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
81%
Others
4%
Spanish
3%
Tagalog (Pilipino, Filipino)
2%
Mandarin
2%
French
2%
Russian
1%

House tenancy (%)

Renters
58%
Owners
42%

Schools and amenities

Estimated Budget