4 Elderwood Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 50.06 x 105.15 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Other
- equipped with other central cooling and highly efficient water heating via gas
Description
Welcome to 4 Elderwood Drive, a grand, five-bedroom Tudor-style home, awaiting your restorative inspiration or your vision of the ideal new home. The regal facade of stone and stucco, and handsome arched front door invites. Leaded glass windows and some original wood trim remain. While the house shows a variety of deferred maintenance issues, the floors appear level and solid and the walls are plumb, making it a great renovation candidate. The main floor features a generous entrance foyer, living room, dining room, and eat-in kitchen. The second floor provides three well-sized bedrooms, a library and a four-piece washroom. The primary bedroom features a three-piece ensuite and a walk-in closet. The second largest bedroom (previously a library) has a fireplace and a view of the pool. The third floor has two additional bedrooms, each with closets and one with additional storage under the roof line. A three-piece washroom with a tub completes the third floor. The lower level offers a recreation room with a wet-bar; a storage room, a laundry room and two-piece washroom. The rear yard has an in-ground pool (33 x 17), newer fencing and a convenient pool storage room. Well located on a quiet street in sought-after Forest Hill, close downtown, a walk to Forest Hill Village, and shopping along Eglinton Ave West.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Greenbelt/Conservation, Hospital, Level, Place Of Worship, Rec./Commun.Centre
Interior Features
Other
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Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4 Elderwood Drive, Toronto C03, ON M5P 1W5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,899,000 in Toronto, the legal minimum down payment is $579,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $58,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $58,950 also applies, bringing the total estimated land transfer taxes to $117,900.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
