7 Ridgewood Road, Toronto, ON

$5,900,000
MLS#:C12929074
6 beds
6 baths
3500-5000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Forest Hill South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $5,900,000 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.

  • 6 Bedrooms and 6 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 61 x 252.5 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Central Vacuum, Sauna, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This expansive, four +2, bedroom home, sits on a rare and immense 61' x 252.5' ravine lot, minutes from the city's finest amenities. This Forest Hill home features interiors curated by Eric McLelland of Fleurs d'Lis Design. Defined by soaring 10-foot ceilings, the home showcases unique, high-end finishes, including Venetian Glass Panels, Mother of Pearl accents & silk upholstered walls to name a few. The expansive layout includes a versatile finished attic space and a spectacular finished basement with a nanny live-in unit, multiple walkouts to the ravine and expansive patio area with water feature, a large glassed in sunroom with in-floor heating, as well as an indoor gym, sauna & hot tub. Plus, a significant three level back extension maximizes this home's living space & is complemented by a 2021-installed elevator that services all levels but the attic/third level for ultimate convenience. 7 Ridgewood Road is an architectural statement in a highly sought-after Toronto location.

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Key Features

Bedrooms
6
Bathrooms
6
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date3/26/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out
Lot Size61 × 252.5 Feet
CountyToronto
Annual Tax$34,394
Legal DescriptionPCL 7738 SEC WEST TOWNSHIP OF YORK; PT LT 19 S/S RIDGEWOOD RD PL M543 TORONTO; PT LT 20 S/S RIDGEWOOD RD PL M543 TORONTO COMM AT A POINT IN THE SLY LIMIT OF RIDGEWOOD RD AT THE N WLY ANGLE OF SAID LT 19. THENCE SLY IN A STRAIGHT LINE 260 FT 10 INCHES MORE OR LESS TO A POINT IN THE SLY LIMIT OF SAID LT 19 DISTANT 7 FT MEASURED ELY FROM THE S WLY ANGLE OF SAID LT 19. THENCE ELY ALONG THE SLY OR REAR LIMITS OF LOTS 19 AND 20, 56 FT 6 INCHES MORE OR LESS TO A POINT IN THE SLY LIMIT OF SAID...cont'd

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Central Vacuum, Sauna, Water Heater Owned, Other, Primary Bedroom - Main Floor, Steam Room

Security Features

Community Features

Location

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7 Ridgewood Road, 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 7 Ridgewood Road, Toronto C03, ON M5P 1T4

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.

Market Trend
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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$1,180,000 (20.0%)
* Minimum Canadian down payment required for this price is $1,180,000.
Amortization Period25 Years
Estimated Monthly Payment$28,127Based on a loan of $4,720,000 over 25 years.
Purchase Price$5,900,000
Loan Amount$4,720,000
Provincial Land Transfer Tax:$133,975
Toronto Municipal Land Transfer Tax:$133,975
Total Estimated Closing Taxes:$267,950

About Purchasing a Home in Toronto, ON

For a property listed at $5,900,000 in Toronto, the legal minimum down payment is $1,180,000 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 $133,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $133,975 also applies, bringing the total estimated land transfer taxes to $267,950.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$3,835,369

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

Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3
Holy Rosary
Public354 St. Clair Avenue West, Toronto, Ontario, M5P 2Y1
8.6
North Preparatory
Public1100 Spadina Road, Toronto, Ontario, M5N 2M6
6.3
Hillcrest
Public44 Hilton Avenue, Toronto, Ontario, M5R 3E6
7.8
Davisville
Public529 Vaughan Road, York, Toronto, Ontario, M4S 1J6
6.2

Secondary Schools

Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
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.