$2,999,000

For sale

44 Ridge Hill Drive, Toronto (Forest Hill North) - Single Family for Sale

44 Ridge Hill Drive, Toronto (Forest Hill North), Ontario, M6C2J4

4 beds4 baths4 parking2,250 ft²45 × 120 ft (5,400 sq ft) lot sizeListed 16 days ago

Overview

This 4-bedroom, 4-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. Listed at $2,999,000, it is attractively priced about 10% below the $3,349,000 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 35 days.

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Description

Welcome to 44 Ridge Hill Drive, nestled in Forest Hill's coveted Upper Village. Lovingly maintained and thoughtfully updated by the same family for the past 23 years, this wonderful residence offers gracious living spaces, exceptional natural light, and an inviting atmosphere throughout.The spacious main floor is perfectly suited to both everyday family living and entertaining, featuring a Cameo Kosher chef's eat-in kitchen with a large granite centre island, breakfast area, and built-in desk. The welcoming family room opens through elegant French doors to a beautiful rear garden, creating a seamless connection between indoor and outdoor living. A convenient two-piece powder room and stunning hardwood floors complete the main level.Upstairs, four well-proportioned bedrooms provide comfortable family accommodation, including a lovely principal suite with its own three-piece ensuite.The expansive lower level offers exceptional versatility, featuring a generous recreation room, separate office or nanny's bedroom, laundry room with a second kitchen, and an abundance of built-in storage.Beautiful Ridley windows fill the home with natural light, enhancing its warmth and timeless appeal.A cherished family home in one of Toronto's most desirable neighbourhoods, ready to welcome its next chapter. (id:66096)

Property Details

MLS®: C14101402
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 2,250 ft²
Lot Size: 45 × 120 ft (5,400 sq ft)
Frontage: 45 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Foyer: 1.21 x 2.13 meters
Living room: 4.38 x 3.35 meters
Dining room: 6.09 x 3.74 meters
Kitchen: 6.01 x 4.87 meters
Family room: 4.9 x 3.56 meters

Basement

Kitchen: 4.87 x 3.04 meters
Bedroom: 6.01 x 2.56 meters
Recreational, Games room: 8.53 x 3.47 meters

Second level

Primary Bedroom: 4.38 x 3.81 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Hardwood, Slate, Carpeted, Ceramic
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Forest Hill North) listings, avg age

35d

Price / ft²

$1,333

List price

$3.00M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Toronto (Forest Hill North) has been listed for 16 days, which is 19 days fresher than the city average of 35. Act while there is still low competition.

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Listed by FOREST HILL REAL ESTATE INC. · RUSSELL PEARSALL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6C)

This home lists at $2,999,000, about 33.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $585,810 (20% down, 25-yr amortization, stress-tested) — roughly 544% above the area median.

Median household income: $91,000
Population: 23,997
Median age: 40.4
Owner / renter: 50% / 50%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6C)

$2,999,000· $1,333/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $599,800

Min 20%50%

Mortgage payment$12,790/mo

Property tax (est.)$1,138/mo

Total monthly$13,928

Cash Needed to Close

Down payment (20%)$599,800

Land transfer tax$122,900

Est. closing costs$11,497

Total cash needed$734,197

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