16 ELDERWOOD DRIVE, Toronto (Forest Hill South)

$3,990,000

For sale: Detached

Detached at 16 ELDERWOOD DRIVE, Toronto (Forest Hill South)
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 5 bathrooms
Living area
3,500 sqft
MLS®
MLS® C13815398
Neighbourhood
Forest Hill South

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.

Sold data

Detached homes in Toronto (Forest Hill South) — recent sold market

Detached homes in Toronto (Forest Hill South) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 41, across 1,807 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.

The median sale price was $1,190,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 24% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
19
Median sale price
$1,190,000
Sale-to-list ratio
97.0%
Sold above asking
24%

Based on 1,807 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Forest Hill South)

Toronto (Forest Hill South) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Forest Hill South)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 16 ELDERWOOD DRIVE