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Listed 2 months ago

89 Elmsthorpe Avenue

Forest Hill South, Toronto

$2,600,000

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

Exceptional 164' Deep Lot: Rarely available in Chaplin Estates/Forest Hill, offering privacy, a professionally commercial grade landscaped backyard with self-filtering pond and fountain, and potential for a future garden suite; Spacious 5-Bedroom Family Home: Approximately 2,000 sq. ft. above grade with 5 bedrooms and 4+ bathrooms, providing ample space for a growing family; New Custom Kitchen & Primary Ensuite: Custom renovated eat-in kitchen with quartz waterfall counters, marble flooring and new appliances, plus a renovated primary ensuite and walk-out to the deck; Renovations and Major Updates: New shingles (2024), furnace (2025), windows and sliding doors (2025), newly renovated custom kitchen and ensuite, fresh paint, and smart garage door opener (2026); Flexible Lower-Level & Outdoor Living: Finished lower level with in-law/nanny suite, new luxurious carpet and potential separate entrance, plus private driveway, built-in garage, natural gas BBQ hookup and beautifully landscaped grounds; Prime Forest Hill Location: Close to top schools, the Beltline walking trail, TTC/Crosstown (Lines 1 & 5), Hwy 401, Yorkdale mall and downtown-combining neighbourhood living with excellent transportation and amenities.

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agent
Angela Montano
(647) 283-2643
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.

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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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