23 South Drive, Toronto C09

Price: $9,890,000

5 bedrooms, 5 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: C13641828

Architecturally Significant South Rosedale Estate Set On Extremely Rare Deep 292' Ravine Lot Featuring An Open Concept, Dramatic Two-Storey Atrium With Floor-to-Ceiling Greenhouse Windows And Stunning Park-Like Vistas. Originally The Residence Of Toronto Architect Edmund Burke And Is Attributed To The Esteemed Firm Of Burke & Horwood. Unmatched Elegance And Exceptional Privacy In The Most Tranquil Setting. Over 5,542 Sq. Ft. Of Refined Living Space Fully Renovated To The Studs With The Highest Degree Of Luxury Appointments. Carefully Restored Brickwork And Exterior Details Complement The Home's Historical Character. With Sun-Drenched Interiors Throughout, Expertly Designed To Preserve The Estate's Classic Heritage Charm Amid Its Modernization. Hardwood Floors, Refined Finishes, And Custom Lighting Across All 3-Storeys Plus The Incredible Lower Level With Its Remarkable Cathedral Ceilings. The Main Floor Features Elegantly Appointed Living And Dining Rooms, And Stunning Gourmet Kitchen Overlooking The Grand Atrium. The 2nd Floor Features A Luxurious Primary Retreat With Lavish 7-Pc Ensuite And His & Hers Walk-In Closets, Two Bedrooms, Plus A Staircase Leading To Two Additional Bedrooms On The Third Floor. Additional Living Spaces Include A Media Room With Wood-Burning Fireplace, Office, And Breakfast Area On The Lower Level Featuring Grade-Level Walkout To The Immaculately Landscaped Rear Gardens. An Expansive Stone Patio Surrounded By Mature Trees And Lush Greenery. Conveniently Located Just Minutes From Yonge St, Upscale Shops, Intimate Dining, Top-Rated Public And Private Schools. This Property Is Truly A Rare Opportunity To Capture Serenity In The Heart Of The City!

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$9,890,000 - 23 South Drive, Rosedale

Detached for Sale in Rosedale

Neighbourhood: Rosedale-Moore Park

5Beds
5Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
C13641828
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
5
Bathrooms
5
Square Feet
5,000+ sqft
Neighbourhood
Rosedale / Moore Park
Listing Brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.
Description

Architecturally Significant South Rosedale Estate Set On Extremely Rare Deep 292' Ravine Lot Featuring An Open Concept, Dramatic Two-Storey Atrium With Floor-to-Ceiling Greenhouse Windows And Stunning Park-Like Vistas. Originally The Residence Of Toronto Architect Edmund Burke And Is Attributed To The Esteemed Firm Of Burke & Horwood. Unmatched Elegance And Exceptional Privacy In The Most Tranquil Setting. Over 5,542 Sq. Ft. Of Refined Living Space Fully Renovated To The Studs With The Highest Degree Of Luxury Appointments. Carefully Restored Brickwork And Exterior Details Complement The Home's Historical Character. With Sun-Drenched Interiors Throughout, Expertly Designed To Preserve The Estate's Classic Heritage Charm Amid Its Modernization. Hardwood Floors, Refined Finishes, And Custom Lighting Across All 3-Storeys Plus The Incredible Lower Level With Its Remarkable Cathedral Ceilings. The Main Floor Features Elegantly Appointed Living And Dining Rooms, And Stunning Gourmet Kitchen Overlooking The Grand Atrium. The 2nd Floor Features A Luxurious Primary Retreat With Lavish 7-Pc Ensuite And His & Hers Walk-In Closets, Two Bedrooms, Plus A Staircase Leading To Two Additional Bedrooms On The Third Floor. Additional Living Spaces Include A Media Room With Wood-Burning Fireplace, Office, And Breakfast Area On The Lower Level Featuring Grade-Level Walkout To The Immaculately Landscaped Rear Gardens. An Expansive Stone Patio Surrounded By Mature Trees And Lush Greenery. Conveniently Located Just Minutes From Yonge St, Upscale Shops, Intimate Dining, Top-Rated Public And Private Schools. This Property Is Truly A Rare Opportunity To Capture Serenity In The Heart Of The City!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$43,746.81/mo

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5-yr fixed avg.

Principal: $7,912,000Interest: $5,212,042
Mortgage Amount$7,912,000
Total Interest$5,212,042
Est. Property Tax$7,005/mo
Total Cost$13,124,042

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.

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Neighbourhood Guide: Rosedale-Moore Park

Discover Rosedale-Moore Park

Rosedale-Moore 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 Rosedale-Moore Park

  • Convenient location in Rosedale / Moore Park
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Rosedale-Moore 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.

70
Walk Score
Varies
Price Range

23 South Drive, Rosedale / Moore Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,200/mo
Range: $4,420 - $5,980
Cap Rate (ROI)
-0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,200
Maintenance Fees-$0
Property Tax (est.)-$7,005
Insurance (est.)-$2,060
Net Cash Flow-$3,865

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1978/sqft, this property is priced above the Rosedale 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.

Market Position

At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Rosedale 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 5,000 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 5 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 Rosedale.

Bathroom Count Matters

With 5 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.

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    23 South Drive, Rosedale / Moore Park | $9,890,000 | Battaglia Team