$20,000/mo - 50 Elm Avenue, Rosedale
Detached for Rent in Rosedale
- MLS Number
- C13146760
- Property Type
- Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Rosedale / Moore Park
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Exceptional Executive Lease in Rosedale's most prestigious streets, this grand sun-filled 3-storey residence lot and offers over 5,215 sq. ft. above grade plus 1,100+ sq. ft. of finished lower-level living space. Featuring 4+1 bedrooms, multiple fireplaces, hardwood flooring throughout, and expansive principal rooms, the home blends timeless character with luxurious modern living. The chef-inspired kitchen is equipped with high-end stainless steel appliances, a large centre island, extensive cabinetry, and an adjoining servery, while the formal living and dining rooms showcase bay windows and Juliette balconies ideal for elegant entertaining. A separate family room, private office with built-in shelving, third-floor recreation room with Juliette balcony, dedicated gym, and lower-level theatre/media room provide exceptional flexibility for both family living and entertaining. The spacious primary retreat features a fireplace, bay window, and spa-like 4-piece ensuite. The finished lower level also includes an additional bedroom, wine cellar/cantina, oversized laundry room, and ample storage throughout. Outside, enjoy mature beautifully landscaped grounds. Complete with a detached 2-car garage plus private driveway parking for 4 additional vehicles, all ideally located moments from top-rated schools, parks, TTC transit, and the shops and restaurants of Yonge & Summerhill.
Estimate your monthly payments for this property
Estimated Payment
$102.61/mo
Includes CMHC insurance ($558)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Rosedale / Moore Park
Rosedale / Moore Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Rosedale / Moore Park
- •Convenient location in Rosedale / Moore Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Rosedale / Moore Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
50 Elm Avenue, Rosedale / Moore Park
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $20,000/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Rosedale. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Rosedale are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Rosedale.
Bathroom Count Matters
With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.