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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Bedford Park-Nortown. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,100,000 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.
Opportunity knocks! Nestled in Toronto's prestigious Bedford Park-Nortown neighbourhood, 229 Ridley offers exceptional promise for every type of buyer. This is a special opportunity to acquire a lot with southern exposure, nearly 80 ft frontage and 103 ft in depth! Endless possibilities to move in, remodel, or develop your dream custom home just minutes from highway 401 and the major routes. Built in 1949, this beautifully seasoned 2 bed, 2 bath, brick/stone bungalow has been passed down for generations and is being offered on MLS for the first time. This beloved home features an inviting, spacious living room filled with tons of natural light from the large front window, perfect for family gatherings with an adjoining dining room providing a large, elegant space for formal meals. The kitchen is ready for your culinary aspirations with enough room for a functional eat-in/breakfast nook. The lower level is finished with a separate entrance and keeps with the cozy theme offering in-law suite style flexibility by nature of layout and providing ample space for various applications. The attached garage and 3 car driveway provide more than ample parking for 4 total vehicles. Situated close to prestigious private and public schools, the Toronto Cricket Club, and all of the amenities of Avenue Road including boutique shops, cafes, parks and public transit.
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Fenced Yard, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Primary Bedroom - Main Floor, Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 229 Ridley Boulevard, Toronto C04, ON M5M 3M5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,100,000 in Toronto, the legal minimum down payment is $220,000 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 $18,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,475 also applies, bringing the total estimated land transfer taxes to $36,950.
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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.