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For sale · Detached · 2-Storey

16 Elderwood Drive.

Forest Hill South, Toronto, ON M5P 1W5

On the market37 days
MLS® C13815398Courtesy of Re/max Hallmark Realty Ltd.
Bedrooms5+1Plus 1 more
Bathrooms5
Lot59.51 x 105.15 ftFrontage by depth, as listed
Parking5Built-In

Buyer's market

House market in Forest Hill South. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 29 days. Market data

Sales-to-new-listings ratio, last 3 months: 24%
Months of supply: 10.8

What it means

  • Buyer's market in Forest Hill South: houses take about 29 days to sell.
  • About 10.8 months of houses for sale in Forest Hill South at the current pace of sales.

At a glance

Property taxes$20,629 / year
BasementFinished, Separate Entrance
Size3,000–3,500 sq ft
PossessionTba

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.

Home details

Click the + to read more.

The homeproperty type, style, size, heating
Property type
Detached
Style
2-Storey
Size
3,000–3,500 sq ft
Heating
Radiant
Cooling
Central Air
Basement
Finished, Separate Entrance
Lot size
59.51 × 105.15 feet
Possession
Tba
Parking and storageparking, garage
Parking
5
Garage
Built-In
Fees and taxesproperty taxes, price per sq ft
Property taxes
$20,629 (2025)
Price per sq ft
$1,228
Rooms12 rooms with sizes
RoomLevelSizeFeatures
BreakfastMain4.5 × 5.8 mskylight · hardwood floor · pot lights
LibraryMain3.43 × 2.61 mhardwood floor · pot lights · window
Bedroom 2Second3.69 × 4.06 mhardwood floor · closet · window
Bedroom 4Second3.29 × 4.34 mhardwood floor · closet · window
KitchenMain4.72 × 3.8 mbacksplash · breakfast bar · hardwood floor
RecreationBasement7.68 × 4.22 mfireplace · pot lights · window
Living RoomMain7.92 × 4.34 mfireplace · french doors · hardwood floor
Dining RoomMain5.68 × 3.91 mwainscoting · french doors
Bedroom 2Second3.78 × 4.34 mhardwood floor · closet · 3 pc ensuite
Family RoomMain7.68 × 4.22 mfireplace · w/o to patio · french doors
Bedroom 5Second3.2 × 3.75 mhardwood floor · closet · window
Primary BedroomSecond5.37 × 4.06 mcloset · 6 pc ensuite · hardwood floor

What it could cost each month

— a month, estimated

With 20% down. Includes property tax. Estimate only.

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  • Mortgage—
  • Property tax—

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How this price compares

Members

22 similar detached houses sold in Forest Hill South in the last 12 months.

Sales activity nearby

Number of similar detached houses sold each quarter.

2 sold, Jan to Mar 20252Jan–Mar20257 sold, Apr to Jun 20257Apr–Jun20258 sold, Jul to Sep 20258Jul–Sep20256 sold, Oct to Dec 20256Oct–Dec20255 sold, Jan to Mar 20265Jan–Mar20265 sold, Apr to Jun 20265Apr–Jun20267 sold, Jul to Sep 20267Jul–Sep20260Oct–Dec2026 so far

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The area

The neighbourhood

Forest Hill South

Architect-designed homes, leafy streets and some of the city’s best-known schools.

Listing brokerage · MLS® C13815398Re/max Hallmark Realty Ltd.Data last updated Sep 25, 2026 6:26 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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