16 Elderwood Drive
Forest Hill South, Toronto
$3,990,000
Bedrooms: 5
Bathrooms: 5
Living Area: 3,000 sqft
Price Per Sqft: $1,330.00
About this Detached
in Forest Hill South, Toronto
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.
Listed by RE/MAX HALLMARK REALTY LTD..
Photo 0
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
Photo 8
Photo 9
Photo 10
Photo 11
Photo 12
Photo 13
Photo 14
Photo 15
Photo 16
Photo 17
Photo 18
Photo 19
Photo 20
Photo 21
Photo 22
Photo 23
Photo 24
Photo 25
Photo 26
Photo 27
Photo 28
Photo 29
Photo 30
Photo 31
Photo 32
Photo 33
Photo 34
Photo 35
Photo 36
Photo 37
Photo 38
Photo 39
Photo 40
LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
|
| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
| Asking Price: | Interest Rate (%): | ||
| Amortization: | |||
| Percent Down: | |||
| Down Payment: | |||
| First Mortgage: | |||
| CMHC Prem.: | |||
| Total Financing: | |||
| Monthly P&I: | |||
| * This material is for informational purposes only. | |||
Request A Showing Or Find Out More
Have a question or interested in this property? Send us a message!
inquire
