Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

16 Elderwood Drive, Toronto, ON M5P 1W5

5+1 beds · 5 baths · 1 kitchen · 12 rooms · 5 parking spaces · 3000-3500 sq ft · Laundry in unit · Detached
$8,200

Also includedParking · Other

Elegant Forest Hill South Home for Lease. Beautifully renovated 5-bedroom, 5-bathroom home for lease in prestigious Forest Hill South. Featuring sun-filled formal living and dining rooms, a spacious family room with fireplace, and an updated kitchen with newer appliances. The finished basement with separate entrance and self-contained second-floor suite offer flexible living options. five upgraded bathrooms, including a primary suite with a spa-like 6-piece ensuite, this home offers plenty of room for families. A finished basement with separate entrance provides versatile space, and a self-contained second-floor suite is ideal for extended family or a nanny. Additional highlights include hardwood floors throughout, pot lights, and ample storage. Located just a short walk to Forest Hill Village, top private and public schools, parks, restaurants, shops, and transit, this home offers both comfort and prestige ready to welcome its next residents.

MLS number
C13680142
Type
Detached
Status
Active
Bedrooms
6
Bathrooms
5
Postal code
M5P 1W5
Photos
41
Laundry
Ensuite
28days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 5 times.

Sale history is for registered usersSee what this address sold for and when, across all 5 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Forest Hill Junior and Senior Public School8.2 / 10
Elementary · Regular Track
TDSB boundary
Forest Hill Collegiate Institute7.7 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Prime AcademySecondary629 mNot reported
Yeshiva Torah TemimahSecondary520 mNot reported
Robbins Hebrew AcademyElementary521 mNot reported
Forest Hill TutoringSecondary919 mNot reported

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Toronto C03339 leases over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median rentWhat comparable units actually leased for
$3k/mo$6k/mo$8k/mo20252026this home’s asking price
$3k/molatest quarter · hover to read any
Leased vs askingAbove 100% means bidding wars were normal
96%100%104%20252026the asking price
100%latest quarter · hover to read any
Days to leaseMedian days on market before the deal closed
-1d19d39d20252026
19dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the leases that closed in that quarter among detached houses in toronto c03. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 432 people.

$314,000Median household income
100%Own their home
100%Detached houses
46.4Median age
17.2%Born outside Canada
67.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35202896 — the few blocks around this address, home to 432 people. It describes the area, not this property.

432Population
42.9Average age
3.2Household size
$450,000Average household income
$314,000Median household income
100%Own their home
0%Rent
0%Condominiums
17%Born outside Canada
68%University degree
$4,800,000Average home value
6%Low income
51%Not in the labour force
27%Never married
$90,000 to $99,9992%
$100,000 and over47%
$100,000 to $124,9994%
$125,000 to $149,9994%
$150,000 to $199,9994%
$200,000 and over39%

Percentages are of the 245 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

What’s being built nearby

Planning applications within 500 m — none currently in progress.

782 SPADINA RD385 m
Closed · applied December 29, 2016

To allow a pair of 3-storey, semi-detached dwelling units.

City planning file →
576 EGLINTON AVE W489 m
Closed · applied March 24, 2013

Eglinton Crosstown LRT Chaplin Station

City planning file →
255 CHAPLIN CRES437 m
Closed · applied May 27, 2011

This is a site plan approval for a new single family detached dwelling with an integral garage at the front of the dwelling at grade.

2 TARLTON RD496 m
Closed · applied March 21, 2011

Site plan approval application for new SFD detached dwelling - Please see 11 113544 ZPR for new PPR.

279 CHAPLIN CRES404 m
Closed · applied April 9, 2009

Site plan aproval for a new 2 sty SFD. Refer tor elated ZAL review and minor variance application.

643 EGLINTON AVE W461 m
Closed · applied March 27, 2009

Site plan approval for new 2 storey EMS station with at-grade parking. Please see 08 213882 ZAL and 09 103344 DEM for related PAL application and Demolition application

What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by RE/MAX HALLMARK REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.