16 Elderwood Drive

Forest Hill South, Toronto, M5P 1W5

$3,990,000

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  • 5+1 bedrooms
  • 5 bathrooms
  • 5 parking
  • 3000-3500 sq ft

Listed 28 days ago · MLS® C13815398

About this home

Elegance on a Rare 60-Foot Lot in Forest Hill South Ideally positioned on a premium 60-foot frontage in one of Toronto's most prestigious neighborhoods, this renovated residence blends timeless architecture with modern comfort. The main floor offers formal living and dining rooms with French doors and expansive windows that fill the home with natural light. An inviting family room with fireplace anchors the heart of the home, while the updated kitchen features newer appliances and ample space for everyday living and entertaining. With five generously sized bedrooms and five upgraded bathrooms, including a primary suite with a 6-piece ensuite, every detail speaks to thoughtful design and functionality. Highlights include hardwood floors and pot lights throughout, a finished basement with a separate entrance, and a self-contained second-floor Suite ideal for extended family, guests, or added income potential. Located within walking distance to Forest Hill Village, top-rated public and private schools, parks, restaurants, shops, and transit, this is a rare opportunity to own a beautifully upgraded home on one of Forest Hill South's most sought-after streets.

Details

Type
Detached
Style
2-Storey
Size
3000-3500 sq ft
Lot
59.51 × 105.15 ft
Basement
Finished, Separate Entrance
Garage
Built-In
Kitchens
1
Property tax
$20,629 (2025)
Neighbourhood
Forest Hill South
Municipality
Toronto C03
Price per sq ft
$1,228 (27% below detached houses in Forest Hill South, $1,689)

Interior

Bedrooms
5 above ground + 1 below
Bathrooms
1 × 6-piece (second), 2 × 4-piece (second), 1 × 2-piece (ground), 1 × 3-piece (basement)
Rooms
12 above ground
Family room or den
Yes
Fireplace
Yes

Heating, cooling and services

Heating
Radiant, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Stucco (Plaster)
Roof
Shingles
Foundation
Concrete
Faces
South

Parking

Garage spaces
1.5
Total parking
5
Driveway and parking
Private

Lot

Size
59.51 × 105.15 ft

More

Possession
TBA
Nearby
Park, Public Transit, School
Cross street
Spadina / St.Clair

Rooms

RoomLevelSizeFeatures
BreakfastMain4.5 × 5.8 m (14'9" × 19')Skylight, Hardwood Floor, Pot Lights
LibraryMain3.43 × 2.61 m (11'3" × 8'7")Hardwood Floor, Pot Lights, Window
Bedroom 2Second3.69 × 4.06 m (12'1" × 13'4")Hardwood Floor, Closet, Window
Bedroom 4Second3.29 × 4.34 m (10'10" × 14'3")Hardwood Floor, Closet, Window
KitchenMain4.72 × 3.8 m (15'6" × 12'6")Backsplash, Breakfast Bar, Hardwood Floor
RecreationBasement7.68 × 4.22 m (25'2" × 13'10")Fireplace, Pot Lights, Window
Living RoomMain7.92 × 4.34 m (26' × 14'3")Fireplace, French Doors, Hardwood Floor
Dining RoomMain5.68 × 3.91 m (18'8" × 12'10")Wainscoting, French Doors
Bedroom 2Second3.78 × 4.34 m (12'5" × 14'3")Hardwood Floor, Closet, 3 Pc Ensuite
Family RoomMain7.68 × 4.22 m (25'2" × 13'10")Fireplace, W/O To Patio, French Doors
Bedroom 5Second3.2 × 3.75 m (10'6" × 12'4")Hardwood Floor, Closet, Window
Primary BedroomSecond5.37 × 4.06 m (17'7" × 13'4")Closet, 6 Pc Ensuite, Hardwood Floor

History of this address

13 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Chaplin LRT11 min walk
  • 🚇 Forest Hill LRT12 min walk
  • 🚆 Mount Dennis GO5.7 km

Within a 10-minute walk: 6 grocery stores, 34 cafés and restaurants, 15 parks, 8 pharmacies. Nearest grocery: Fresh Harvest (800 m). Nearest park: Rosemary Parkette (250 m).

Schools nearby

Elementary

  • Forest Hill Junior and Senior Public School
    EQAO: Gr 6 reading 94%, math 90%
    5 min walk
  • Oriole Park Junior Public School
    EQAO: Gr 3 reading 100%, math 100%
    14 min walk
  • Bishop Strachan School Private15 min walk
  • Cedarvale Community School
    EQAO: Gr 6 reading 97%, math 69%
    16 min walk

Secondary

  • Forest Hill Collegiate Institute
    EQAO: Gr 9 math 60%, literacy test 93%
    12 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5P

Owners / renters
39% / 61%
Median household income
$99,000
Average age
44
Children under 15
12%
Homes
25% detached, 41% high-rise
Commute by transit
26%
Population
19,791

Languages spoken most at home besides English: Spanish 1.5%, Mandarin 1.2%, Tagalog (Pilipino, Filipino) 1%, Iranian Persian 0.7%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Forest Hill South (2025): 41% below the Toronto average, down 29% from the year before.

  • Assault74% below average
  • Break and enter73% above average
  • Auto theft53% below average
  • Robberyabout average
  • Theft from vehicles38% below average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 2 active

  • 1673 BATHURST ST · 450 m
    Plan of Condominium · Draft Plan Approved · applied 2025
    Draft Plan of Condominium to facilitate the conversion of eight existing rental apartments.
    Application details
  • 1645 BATHURST ST · 500 m
    Site Plan · NOAC Issued · applied 2019
    A Site Plan Control application to permit a 4 storey rental apartment building containing 75 units. The five existing 3-storey buildings on the site are…
    Application details
  • 1647 BATHURST ST · 500 m
    Site Plan · Closed · applied 2022
    Site Plan Approval application to facilitate the redevelopment of the site for a 4-storey back-to-back townhouse development containing a total of 10 dwelling…
    Application details
  • 1647 BATHURST ST · 500 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2022
    Zoning by-law amendment application to permit a 4-storey back-to-back townhouse development containing 10 dwelling units.
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 6 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built RD

Residential Detached (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

2 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

80 City street trees within 100 m, mostly maples. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX HALLMARK REALTY LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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