43 Ridgemoor Avenue, Toronto, ON
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 $899,999 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 1500-2000 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
Exceptional detached multi-unit investment property on a premium corner lot in one of Scarborough's most desirable neighbourhoods along the evolving Kingston Road corridor. Owner and tenant occupied, this versatile property offers immediate income potential, flexible living arrangements, and strong long-term upside for investors or end-users.Ideally located within walking distance to Lake Ontario and minutes from the Scarborough Bluffs, parks, trails, schools, transit, shopping, and restaurants. The main residence features a spacious 3-bedroom layout, bright enclosed front porch, and versatile attic loft with skylight. The lower level includes two self-contained basement units, each with separate entrances, providing excellent rental income opportunities.Additional features include four separate entrances, an energy-efficient heat pump with natural gas backup furnace, hardwood and ceramic flooring, granite countertops, two fireplaces, and a full appliance package. The fully fenced and landscaped yard includes mature trees, gardens, fruit trees, an attached garage, and two additional parking spaces.A rare opportunity to own a versatile income-producing property in a high-demand Scarborough location with strong growth potential.
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This could be the first listing for this address.
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 $899,999 in Toronto, the legal minimum down payment is $65,000 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 $14,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,475 also applies, bringing the total estimated land transfer taxes to $28,950.
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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.
