43 Ridgemoor Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Birchcliffe-Cliffside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,077,777 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 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 44.33 x 155.35 ft lot
- Features a finished with walk-out 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: On Demand Water Heater
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Along evolving Kingston Road corridor in a family-friendly neighborhood, this move-in ready property offers convenient access to scenic trails, the Scarborough Bluffs, and daily essentials - groceries, pharmacy, restaurants, a public school etc., just a short walk away. This is a vacant detached multi-unit investment property located in a strong, established residential area of Scarborough, Toronto. Offering immediate lease-up potential at market rents and flexible multi-unit configuration for investors or end-users. FEATURES Large corner lot with garage, overlooking ravine. 3 bedroom main floor with bright enclosed porch. Separate basement with two entrances for two units. Attic room with skylight. Central air heat pump with an integrated natural gas backup furnace for year-round cost effective heating and cooling comfort. 4 separate entrances for fire safety. Fully fenced backyard with hedges and mature landscaping. Fruit trees, flowers, and landscaped garden on premium corner lot. Attached single-car garage + 2 additional parking spaces. Hardwood and tile flooring throughout. Granite countertops and ceramic finishes. 2 fireplaces. Full appliance package included (multiple fridges, stoves, washers, dryers, dishwashers, 2 year old heat pump). Main Unit: 3-bedroom upper level, attic loft with sky light and enclosed porch.Lower level: 1-bedroom suite with living room, kitchen/dining, wet bar and den.This house has flexible 2-3 unit use potential and to many upgrades to list. * For Additional Property Details Click The Brochure Icon Below*
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Pricing & Value Insights
Data-driven valuation for 43 Ridgemoor Avenue, Toronto E06, ON M1N 1M5
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 $1,077,777 in Toronto, the legal minimum down payment is $215,555 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 $18,031 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,031 also applies, bringing the total estimated land transfer taxes to $36,061.
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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.
