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$5,100,000Asking Price

16 Elderwood Drive, Toronto, ON M5P 1W5

Forest Hill, Toronto

Detached
5 + 1
Bedrooms
5
Baths
5
Parking
Days on Market

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 neighbourhoods, 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.

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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 neighbourhoods, 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.

Key Info

  • 2-Storey Detached
  • 4-Car Driveway
  • 1.5-Car Built-In Garage
  • Spadina / St.Clair
  • 3000-3500 Approximate Sq Feet
  • Finished Basement
  • 1 Kitchen
  • Radiant Gas Heating
  • Central Air

Property

  • Lot Size 59.51 x 105.15 Feet
  • Taxes were $20,628 in 2024
  • Possession: TBA

Details

  • Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #C12233617
  • RE/MAX HALLMARK REALTY LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Main 15.49' x 12.47' Backsplash, Breakfast Bar, Hardwood Floor
2 Breakfast Main 14.76' x 19.03' Skylight, Hardwood Floor, Pot Lights
3 Library Main 11.25' x 8.56' Hardwood Floor, Pot Lights, Window
Washroom1 6-Piece Bathroom
Washroom2 4-Piece Bathrooms
Washroom1 2-Piece Bathroom on Ground Floor
Washroom1 3-Piece Bathroom

Who lives here?

Forest Hill, Toronto is a central Toronto neighbourhood notable for its renters, university grads, executives and business, health and education, law & public sector professionals. Residents tend to be older with a significant number of adults aged 60 to 64 and seniors aged 65 to 74.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

47% of residents are
single and loving it.

47% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

56% of residents
are renters.

56% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

72% of residents are
university grads.

72% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$406K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Government 13%
Business 13%
Management 11%
Sales 11%
Health 6%

Immigrants

29% of residents were
born outside of Canada.

29% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

USA was once home to 2.6% of immigrants.
UK 2.2%
Philippines 2.0%
China 1.6%
Iran 1.2%

2.6% from USA
All-time

Birthplace - Recent

Philippines was once home to 0.7% of immigrants.
China 0.6%
India 0.4%
Iran 0.4%
Brazil 0.2%

0.7% from Philippines
Recent

Foreign Languages

Foreign Languages

Spanish 2%
French 2%
Tagalog 2%
Russian 1%
Mandarin 1%

Religions

Religions

Christian 44%
Jewish 30%
Muslim 2%
Buddhist 1%
Hindu 1%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)