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For saleNew listingMLS® C14125998

55 Elderwood Drive, Toronto, ON M5P 1X2

Forest Hill South · C03 · M5P 1X2

$3,695,000

$1,848 / sq ft

1 weeks on market

Bedrooms
4+1
Bathrooms
3
Interior
2,000 sf
Parking
3
Lot
44 × 104 ft

What's special

  • Attached garage
  • Central air
  • Finished basement
  • Fireplace
  • Built-in oven
  • Carpet free
  • Garburator
  • Storage

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About this property

Welcome to life in one of Canada's most desirable sought-after neighbourhoods - Forest Hill South. Considered to be an ideal family home, this is truly a wonderful and rare opportunity to plant your roots in one of Toronto's most affluent and sought-after neighbourhoods. This charming 4+1 bedroom home has it all - Gleaming hardwood floors, private office, luxury panelled appliances, lots of space for storage, and a spacious, fully customizable basement with 9' ceilings & radiant heating in the floor. Among the amazing features offered are a Subzero refrigerator/freezer; Wolfe induction cooktop with a pop-up range hood; built-in Dacor wall oven, warming drawer and microwave; Insinkerator Garburetor, Metalex security screen doors, built-in speakers, central vacuum, an huge composite deck, LG washer and dryer, and a lot more. Surrounded by mature, beautiful trees, and located conveniently within walking distance to world-class private schools including Upper Canada College, Bishop Strachan School, Forest Hill Jr & Sr School; Beth Tzedec, Cedarvale Park, TTC Routes, and all the amazing shoppes and restaurants on Eglinton and in Spadina Village. Don't miss this amazing chance to become a part of this amazing, vibrant community.

Rooms

10 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
FoyerMain1.94 × 2.43 m6.4 × 8.0 ftHardwood Floor
Dining RoomMain3.37 × 7.28 m11.1 × 23.9 ftHardwood Floor · Fireplace
KitchenMain5.17 × 6.10 m17.0 × 20.0 ftHardwood Floor · Centre Island · Panelled
Living RoomMain4.43 × 4.36 m14.5 × 14.3 ftHardwood Floor · Gas Fireplace · Built-in Speakers
OfficeMain3.09 × 4.71 m10.1 × 15.5 ftHardwood Floor
Primary BedroomSecond3.55 × 7.13 m11.6 × 23.4 ftHardwood Floor · Ensuite Bath · Walk-In Closet(s)
BedroomSecond2.78 × 4.53 m9.1 × 14.9 ftHardwood Floor
BedroomSecond3.18 × 1.13 m10.4 × 3.7 ftHardwood Floor
BedroomSecond5.34 × 2.86 m17.5 × 9.4 ftHardwood Floor
LoftSecond5.11 × 6.59 m16.8 × 21.6 ftHardwood Floor

Features

  • Built-In Oven
  • Carpet Free
  • Garburator
  • Storage
  • Water Heater

Property details

Property

Property type
detached
Bedrooms
4 + 1
Bathrooms
3
Interior size
2,000 sq ft
Lot size
44 × 104 ft
Possession
TBD

Interior

Basement
Full, Unfinished
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
South

Exterior & services

Construction
Brick, Stucco (Plaster)
Garage
Attached
Parking spaces
3
Sewer
Sewer

Costs

List price
$3,695,000
Property taxes
$17,518 / year (2026)
Price per sq ft
$1,848

Listing

MLS® number
C14125998
Status
For sale
Listed
October 28, 2026
Days on market
7
Last updated
October 30, 2026
Listing brokerage
ENGEL & VOLKERS TORONTO CITY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 16% of comparable detached listings in Forest Hill South are asking less.

$3.12MMedian $5.82M$14.60M
This home
$1,848 / sq ft
Comparable median
$1,763 / sq ft

Based on 44 comparable active detached listings in Forest Hill South. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $739,000
$739,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$16,344.23
Property tax (est.)
$1,459.81
Estimated monthly
$17,804

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$78,850
Toronto municipal
$85,800
Total due on closing
$164,650

An estimate on the asking price of $3,695,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ENGEL & VOLKERS TORONTO CITY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$3,695,000

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