16 Forest Ridge Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Forest Hill North. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,269,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 4 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 37.5 x 121 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover 16 Forest Ridge Drive, a beautifully majestic renovated stone home situated on a prestigious corner lot. The house fronts on the east side of Manitou BLVDin the heart of the Upper Village - a neighborhood renowned for its rich cultural heritage, premier amenities, and family-friendly atmosphere. This 4+1 bedroom, 4-bathroom residence offers a seamless blend of traditional charm and modern upgrades. The home boasts a modern beautiful kitchen ideal for entertaining, well-proportioned rooms, and a spacious floor plan, perfect for growing families or hosting guests. Light-filled interiors and tasteful finishes throughout make this property move-in ready. The finished lower level adds versatility, with ample space for a home office, gym, or recreation room. What truly sets this property apart is its prime location. The Upper Village is known for its strong sense of community, offering proximity to places of worship such as synagogues and other religious institutions that are central to the lives of many residents. Additionally, the area is home to some of Toronto's finest Jewish day schools, such as Bialik Hebrew Day School and Robbins Hebrew Academy, as well as West Prep for primary school, Forest Hill Middle School and Forest Hill Collegiate Institute for High School. This prestigious neighbourhood offers a unique mix of urban and tranquil settings. Residents enjoy access to beautiful ravines, parks, and trails, such as Kay Gardner Beltline Park, while top-notch dining, shopping, and services are just steps away on Eglinton Avenue and Bathurst Street. It's a haven for those seeking family-friendly living with the convenience of being close to the city's amenities, including public transportation steps away. Opportunities like this majestic stone home rarely come to market-schedule your private tour of16 Forest Ridge Drive today and experience life in one of Toronto's most desirable neighbourhoods.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Library, Park, Place Of Worship, Public Transit
Interior Features
Auto Garage Door Remote
Security Features
Alarm System, Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 16 Forest Ridge Drive, Toronto C04, ON M6B 1H1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $3,269,000 in Toronto, the legal minimum down payment is $653,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $68,200 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $68,200 also applies, bringing the total estimated land transfer taxes to $136,400.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
