55 Elderwood Drive, Toronto, ON M5P 1X2
Forest Hill South, Toronto · Near Bathurst & Eglinton · View map
About this home
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.
The home
- Type
- 2-storey detached home
- Style
- 2 1/2 Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 9
- Basement
- Full, Unfinished
- Lot size
- 44 x 104 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Alarm System
- Exterior
- Brick, Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 2
- Total parking
- 3
- Parking features
- Private
Taxes & other
- Property taxes
- $17,518/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Bathurst & Eglinton
- Neighbourhood
- Forest Hill South
More
- Price per sq ft
- ~$1,642 (at 2,250 sq ft)
- MLS® number
- C14125998
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The home and its surroundings
- Built-In Oven
- Carpet Free
- Garburator
- Storage
- Water Heater
- Fenced Yard
- Golf
- Library
- Place Of Worship
- Public Transit
- School
- Deck
- Privacy
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
55 Elderwood Drive, Toronto, ON M5P 1X2
Forest Hill South, Toronto · Near Bathurst & Eglinton
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Listing history for 55 Elderwood Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 55 Elderwood Drive
Answers come straight from this home’s MLS® listing.
How much is 55 Elderwood Drive listed for, and what would it cost each month?
55 Elderwood Drive is listed for $3,695,000. With 20% down ($739,000), the mortgage payment would be roughly $14,905 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $16,364 a month, all in. That figure is an illustration, not a quote.
Is 55 Elderwood Drive freehold or a condo, and is there a monthly fee?
55 Elderwood Drive is a 2-storey detached home in Forest Hill South, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 55 Elderwood Drive have?
55 Elderwood Drive has 4 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms. The listing gives the style as 2 1/2 storey.
Does 55 Elderwood Drive have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 2 spaces. In total the listing counts 3 parking spaces.
Does 55 Elderwood Drive have a finished basement?
The listing describes the basement as full, unfinished.
What style of home is 55 Elderwood Drive?
55 Elderwood Drive is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 55 Elderwood Drive, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 44 x 104 ft.
How is 55 Elderwood Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 55 Elderwood Drive?
Property taxes are $17,518 a year (2026), or about $1,460 a month.
Where is 55 Elderwood Drive?
55 Elderwood Drive is in the Forest Hill South community of Toronto. The nearest main intersection is Bathurst & Eglinton. The postal code is M5P 1X2.
Is 55 Elderwood Drive still for sale?
Yes. It is an active listing (MLS® C14125998). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 55 Elderwood Drive asking?
Similar detached homes for sale nearby right now include 5 Braemar Avenue at $3,695,000 (4+1 bed), 204 Richview Avenue at $3,990,000 (4+1 bed) and 374 Spadina Road at $2,979,000 (4+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 55 Elderwood Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 55 Elderwood Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Forest Hill South, picked by style, size and price.
2-storey detached home$3,695,0005 Braemar Avenue, Toronto4+1 bed · 4 bath · Forest Hill SouthCourtesy of: HARVEY KALLES REAL ESTATE LTD.View home →
2-storey detached home$3,990,000204 Richview Avenue, Toronto4+1 bed · 4 bath · Forest Hill SouthCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →
2-storey detached home$2,979,000374 Spadina Road, Toronto4+1 bed · 6 bath · Forest Hill SouthCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →Courtesy of: ENGEL & VOLKERS TORONTO CITY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.