57 Ridge Hill Drive, Toronto, ON

$2,749,000
MLS#:C11914845
4 beds
4 baths
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Forest Hill North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,749,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Premium 100 x 40 ft lot size
  • 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 built-in configuration
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Classic Elegance in Forest Hill Upper Village. Nestled in one of Toronto's most sought-after neighborhoods, Forest Hill Upper Village, meticulously maintained & recently renovated home offers timeless charm w/ modern comforts. Situated on a premium corner lot, the property boasts expansive outdoor space that enhances both privacy & usability, making it an exceptional opportunity. Step inside beyond the marble flr entryway & experience a free-flowing, open-concept main flr design with hardwood flrs thru out that seamlessly connects living, dining, & kitchen spaces, creating the perfect environment for family living & entertaining. The custom kitchen, a chefs delight, feat top-of-the-line appliances, exquisite finishes, & a private terrace that opens onto an additional side yard. The outdoor amenities are nothing short of spectacular. A beautifully landscaped backyard is highlighted by a stunning saltwater pool, plenty of lounge & dining space under a lilac tree-lined pergola, surrounded by accent lighting, multi-zone audio, an irrigation system, & newer fence that provides both privacy & style. This outdoor haven is perfect for entertaining or simply enjoying tranquil evenings at home. This property has been lovingly cared for by its current owners & features numerous upgrades thru out, incl a camera security system, Wink smart home control system, central vac, gym &/or additional bedroom & a fully equipped wine cellar in the finished bsmnt. The bsmnt also includes a walkout, offering versatile use of space & easy access to the outdoors. A garage workshop adds further functionality & could be converted into additional living space if desired. Located within walking distance of the Eglinton subway, beltline trail, & some of Toronto's most prestigious schools, this home offers unparalleled convenience.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 29, 2025
Sold price information is available to members only
Listed Date1/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out
Lot Size100 × 40 Feet
CountyToronto
Annual Tax$9,888
Legal DescriptionLT 12 PL 2365 FOREST HILL; TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, Ravine, School

Interior Features

Central Vacuum

Security Features

Community Features

Location

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57 Ridge Hill Drive, Toronto, ON
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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 57 Ridge Hill Drive, Toronto C04, ON M6C 2J5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$549,800 (20.0%)
* Minimum Canadian down payment required for this price is $549,800.
Amortization Period25 Years
Estimated Monthly Payment$13,105Based on a loan of $2,199,200 over 25 years.
Purchase Price$2,749,000
Loan Amount$2,199,200
Provincial Land Transfer Tax:$55,200
Toronto Municipal Land Transfer Tax:$55,200
Total Estimated Closing Taxes:$110,400

About Purchasing a Home in Toronto, ON

For a property listed at $2,749,000 in Toronto, the legal minimum down payment is $549,800 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 $55,200 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $55,200 also applies, bringing the total estimated land transfer taxes to $110,400.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Forest Hill North, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$2,404,497

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

North Preparatory
Public1100 Spadina Road, Toronto, Ontario, M5N 2M6
6.3
West Preparatory
Public70 Ridge Hill Drive, Toronto, Ontario, M6C 2J6
6.2
Bialik Hebrew Day
PublicViewmount Avenue, Toronto, Ontario, M6B 2H5
7.8
Our Lady of the Assumption
Public125 Glenmount Avenue, Toronto, Ontario, M6B 3C2
5.1
Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3

Secondary Schools

Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5
John Polanyi
Public640 Lawrence Avenue West, Toronto, Ontario, M6A 1B1
4.4
Lawrence Park
Public125 Chatsworth Drive, Toronto, Ontario, M4R 1S1
9.1
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.