$5,490,000 - 69 Elderwood Drive, Forest Hill
Detached for Sale in Forest Hill
75 days on market- MLS Number
- C12956876
- Property Type
- Detached
- Status
- active
- Days on Site
- 75
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Sleek Luxurious 5 Bedroom 3-Storey architectural masterpiece, located in the exclusive Forest Hill South. Experience contemporary living in this newly built 5 bedroom, 3-story modern masterpiece, nestled in the coveted Forest Hill South community. This sleek and sophisticated home offers 5 spacious bedrooms, a private balcony, and an elevator for effortless access across all 4 levels. The bright, finished walk-up basement adds additional living space, perfect for entertaining or relaxation. Step inside to a striking open-concept layout with soaring 28 ft ceilings, floor-to-ceiling windows, and clean, modern lines that fill the space with natural light. Luxurious finishes and high-end materials are showcased throughout, complemented by spacious rooms. Located near elite private schools (BSS, UCC, FHPS, FHCI), Forest Hill South offers both modern living and convenience with its proximity to upscale shopping, fine dining, and cultural attractions. Embrace the ultimate in modern luxury living with this exceptional home! Heated Driveway, Basement & Washrooms, Steam Room in Master Shower & Lots lots more!!
Estimate your monthly payments for this property
Estimated Payment
$24,284.12/mo
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 Forest Hill / Deer Park
Forest Hill / Deer 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 Forest Hill / Deer Park
- •Convenient location in Forest Hill / Deer 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
Forest Hill / Deer 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.
69 Elderwood Drive, Forest Hill / Deer Park
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1830/sqft, this property is priced above the Forest Hill average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 75 days on site, this property has exceeded the typical selling timeline for Forest Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Forest Hill 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 3,000 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 6 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 Forest Hill.
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.