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Listed 25 days ago

89 Elmsthorpe Avenue

Forest Hill South, Toronto

$2,600,000

Detached|2-Storey
4 | 4 | 1
About this home

Welcome to 89 Elmsthorpe, a spacious family home in prestigious Chaplin Estates/Forest Hill on an exceptional 164' deep lot, offering nearly 2,0200 sq. ft. above grade. This 5-bedroom, 4+ bath home features a renovated custom eat-in kitchen with quartz waterfall counters, marble finishes, and new appliances; a primary suite with walk-out to deck, walk-in closet, and renovated ensuite; hardwood floors throughout the main living areas; and a finished lower-level with in-law/nanny suite potential and separate side entrance. Recent upgrades include a new shingles (2024), furnace(2025), windows and sliding doors (2025), smart garage door opener (2026), renovated kitchen and ensuite, and fresh paint. Enjoy a professionally landscaped backyard with pond, fountain, gas BBQ hookup, private driveway, and built-in garage with kitchen access. Ideally located near top schools, the Kay Gardner Beltline, TTC Crosstown,Eglinton Way shops, Allen Rd., Hwy 401, Yorkdale, and downtown.INVESTORS PLEASE NOTE: purchase the home directly or acquire the holding corporation. The deep lot may allow for a future garden suite while maintaining privacy.A pleasure to view, exceptional to call home.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$11,078
Lot Size30.42 ft x 164.28 ft
mls© NumberC13550210
Listed ByREALTY NETWORK

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,308
Property tax
$923
Heat allowance
$150
Housing costs
$14,381 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $520,000
25-yr amortization

Income needed

$442,000

gross annual household income

Payment at 4%
$10,941 / mo
Cash down
$520,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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