$5,490,000

For sale

69 Elderwood Drive, Toronto (Forest Hill South) - Single Family for Sale

69 Elderwood Drive, Toronto (Forest Hill South), Ontario, M5P1X5

6 beds6 baths6 parking3,250 ft²44 × 100 ft (4,418 sq ft) lot sizeListed 45 days ago

Overview

This 6-bedroom, 6-bathroom home in Toronto is for sale offering roughly 3,250 sq ft of space. Its $5,490,000 asking price sits right in line with the $5,660,000 median in Toronto. It has been on the market 45 days, fresher than the Toronto average of 56 days.

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Description

Sleek Luxurious 5 Bedroom 3-Storey architectural masterpiece, located in the exclusive Forest Hill South. Experience contemporary living in this newly built 5 bedroom, 3-story modern masterpiece, nestled in the coveted Forest Hill South community. This sleek and sophisticated home offers 5 spacious bedrooms, a private balcony, and an elevator for effortless access across all 4 levels. The bright, finished walk-up basement adds additional living space, perfect for entertaining or relaxation. Step inside to a striking open-concept layout with soaring 28 ft ceilings, floor-to-ceiling windows, and clean, modern lines that fill the space with natural light. Luxurious finishes and high-end materials are showcased throughout, complemented by spacious rooms. Located near elite private schools (BSS, UCC, FHPS, FHCI), Forest Hill South offers both modern living and convenience with its proximity to upscale shopping, fine dining, and cultural attractions. Embrace the ultimate in modern luxury living with this exceptional home! Heated Driveway, Basement & Washrooms, Steam Room in Master Shower & Lots lots more!! (id:66096)

Property Details

MLS®: C13816852
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 5 above · 1 below
Bathrooms: 6
Half Baths: 1
Parking: 6
Interior Size: 3,250 ft²
Lot Size: 44 × 100 ft (4,418 sq ft)
Frontage: 44 ft
Storeys: 3
Basement: Finished, Walk out, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Features

Appliances: Central Vacuum, Oven - Built-In
Foundation: Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Toronto (Forest Hill South) listings, avg age

56d

Price / ft²

$1,689

List price

$5.49M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 6-bed single family in Toronto (Forest Hill South) has been listed for 45 days, which is 11 days fresher than the city average of 56. Act while there is still low competition.

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Listed by SUTTON GROUP-ADMIRAL REALTY INC. · ASHKAN HASHEMI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5P)

This home lists at $5,490,000, about 55.5× the local median household income of $99,000.

Carrying it typically needs a household income of about $1,072,389 (20% down, 25-yr amortization, stress-tested) — roughly 983% above the area median.

Median household income: $99,000
Population: 19,791
Median age: 43.2
Owner / renter: 39% / 61%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M5P)

$5,490,000· $1,689/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $1,098,000

Min 20%50%

Mortgage payment$23,413/mo

Property tax (est.)$2,293/mo

Total monthly$25,707

Cash Needed to Close

Down payment (20%)$1,098,000

Land transfer tax$247,450

Est. closing costs$18,970

Total cash needed$1,364,420

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