5 Elderidge Avenue, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W13152726
About this home
A rare offering of timeless elegance and luxurious sophistication in Sunnylea proper, this newly built 4+ bedroom, 6 bathroom, custom residence is a masterclass in thoughtful design, offering over 4,500 square feet of beautifully finished living space. Defined by soaring ceilings, skylights throughout, and a stunning centre hall layout, the home blends architectural beauty with effortless functionality. Every detail reflects thoughtful craftsmanship, balancing understated elegance, intuitive functionality, and timeless luxury. Set on a wide lot with exceptional setbacks, the property fully maximizes the potential of its approximately 5,500-square-foot footprint. It offers an impressive sense of space, privacy, and curb appeal. Designed for both refined entertaining and comfortable family living, the home showcases the finest finishes, top-tier appliances, and seamless smart home technology for effortless modern living. Additional highlights include heated driveway and walkways for year-round comfort and convenience, smart exterior lighting and an automated sprinkler system. The backyard is a true private oasis, featuring a hotel-style pool, outdoor cabana, and a full outdoor bathroom with shower, the perfect setting for summer entertaining and everyday relaxation.Situated on a quiet, low-traffic, tree-lined street near top-rated schools, parks, transit, and The Kingsway, this exceptional residence offers the perfect balance of luxury, lifestyle, and location.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13152726
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500
- Lot
- 56 × 98 ft
- Cross streets
- Prince Edward/Bloor
- Parking
- 1 garage · 3 parking (attached)
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Insulated Concrete Form
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $15,014 / 2025
- Days on market
- 58
- Listing brokerage
- SUTTON GROUP OLD MILL REALTY INC.
Rooms
b/i fridge · walk-out · access to garage
hardwood floor · pot lights
wainscoting · hardwood floor · large window
skylight · b/i appliances · w/o to porch
3 pc bath · heated floor · porcelain sink
hardwood floor · open concept · large window
separate shower · tile floor · pot lights
2 pc bath · heated floor · hardwood floor
4 pc ensuite · closet · large window
b/i fridge · bar sink · b/i dishwasher
wainscoting · hardwood floor · large window
5 pc ensuite · walk-in closet(s) · crown moulding
heated floor · tile floor · closet
4 pc ensuite · heated floor · window
laundry sink · tile floor · b/i appliances
4 pc ensuite · closet · large window
3 pc bath · double closet · heated floor
Listed at $4,350,000, this home is about 34% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.17M, higher than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $2.94M
- Bathrooms +$15K
- Adjusts to $2.96M
That comparable adjusts to $2.96M; the $3.25M estimate above is the median of all 16 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (Sunnylea Junior School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Prince Edward Dr South at Edwalter Ave is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $3.25M, median of 16 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Weigh carefully
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 38% above the area average of $973/sqft.
57 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Stonegate-Queensway, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Prince Edward Dr South at Edwalter Ave, about 81 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $3,480,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $18,571
- Property tax
- $1,251
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $19,822
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $95,225
- Toronto municipal land transfer tax
- $112,225
- Estimated closing costs
- $207,450
Plus your down payment of $870,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,114,234
- Principal paid down
- $443,179
- Interest paid
- $671,055
- Balance remaining
- $3,036,821
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP OLD MILL REALTY INC.. MLS®/PropTx.