69 Elderwood Drive, Toronto, ON

Forest Hill South, Toronto · MLS® C13816852

$5,490,000
For Sale
Listed 26 days agoNo offer date stated
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5+1Bedrooms
6Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • 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.
  • 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.

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!!

Key facts

Property type
Detached, 3-Storey
MLS®
C13816852
Bedrooms
5+1 (6 total)
Bathrooms
6 (1 half)
Size
3000-3500 sq ft
Lot
44 × 100.4 ft
Cross streets
Bathurst & Eglinton
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out, Walk-Up
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Concrete
Roof
Flat
Sewer
Sewer
Property tax
$27,520 / 2025
Days on market
26
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Forest Hill South · asking prices
$5.21Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,360/sqft; this home lists at $1,689/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
5.49MThis home6.38M5.00M5.28M5.39M4.00MThis home vs active comparables

Neighbourhood & location

Forest Hill South, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Leaside
$2.48M
Banbury-Don Mills
$5.50M
Woodbine-Lumsden
$949K
Willowdale East
$2.29M
Stonegate-Queensway
$2.25M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Holy Rosary
89%
Holy RosaryCatholic · Elementary · 1.4 km awayHigher-rated than most nearby · 89% meet the provincial standard
Forest Hill Junior and Senior Public SchoolEQAO results not published
Forest Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
Cedarvale Community School · Public elementary0.6 km · 85% at standard
Forest Hill Junior and Senior Public School · Public elementary0.7 km · 82% at standard
Forest Hill Collegiate Institute · Public secondary0.8 km · 76% at standard
Humewood Community School · Public elementary1.1 km · 75% at standard
J R Wilcox Community School · Public elementary1.1 km · 72% at standard
North Preparatory Junior Public School · Public elementary1.2 km · 71% at standard
West Preparatory Junior Public School · Public elementary1.2 km · 77% at standard
Oriole Park Junior Public School · Public elementary1.3 km · 100% at standard
St Alphonsus Catholic School · Catholic elementary1.6 km · 74% at standard
D'Arcy McGee Catholic School · Catholic elementary1.6 km · 48% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.7 km · 74% at standard
Allenby Junior Public School · Public elementary1.7 km · 78% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$25,022/mo
$1028KIncome needed
5.3×Price ÷ income
$5,774Weekly cost
$292,150Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $25,022Property tax $2,293Total carry $27,315

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$24,284per month

Mortgage amount $4,392,000 · 4.49% over 25 years

$1,098,000Down payment (20.0%)
$4,392,000Loan before insurance
$0CMHC premium
$26,577Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$24,284
Property tax
$2,293
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$26,577

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$123,725
Toronto municipal land transfer tax
$168,425
Estimated closing costs
$292,150

Plus your down payment of $1,098,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$29,392/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$2,893,237Total interest paid
$7,285,237Total of all payments
Principal $4,392,000 Interest $2,893,237
YearPrincipalInterestBalance
1$98,011$193,399$4,293,989
2$102,461$188,949$4,191,528
3$107,113$184,297$4,084,415
4$111,976$179,433$3,972,439
5$117,060$174,349$3,855,379
6$122,376$169,034$3,733,003
7$127,932$163,478$3,605,071
8$133,740$157,669$3,471,331
9$139,813$151,597$3,331,518
10$146,161$145,249$3,185,357
11$152,797$138,612$3,032,560
12$159,735$131,675$2,872,825
13$166,987$124,422$2,705,838
14$174,569$116,840$2,531,269
15$182,495$108,914$2,348,773
16$190,781$100,628$2,157,992
17$199,444$91,966$1,958,548
18$208,499$82,910$1,750,049
19$217,966$73,444$1,532,083
20$227,862$63,547$1,304,221
21$238,208$53,201$1,066,012
22$249,024$42,386$816,989
23$260,331$31,079$556,658
24$272,151$19,259$284,507
25$284,507$6,902$0

At the end of your 5-year term

Total paid over the term
$1,457,047
Principal paid down
$536,621
Interest paid
$920,426
Balance remaining
$3,855,379

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$6,300/mo
$75,600Gross annual rent
0.7%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.4%
Gross yield
− Property tax $27,520− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $38,364

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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