$2,998,000
Toronto
55 Pine Ridge Drive, Toronto (Cliffcrest), Ontario, M1M2X6
This 5-bedroom, 5-bathroom home in Toronto is for sale offering roughly 4,250 sq ft of space.
Welcome to 55 Pine Ridge Drive, a custom Cliffcrest residence set on a private, tree-lined ravine lot near the Scarborough Bluffs. Rebuilt approximately 15 years ago on the original 1954 foundation, this bright and generously scaled home was designed for both everyday living and entertaining, with a dramatic two-storey great room, Brazilian cherry hardwood floors, porcelain tile, multiple fireplaces, refined millwork, and an elevator serving all levels. The gourmet kitchen is finished with Nero Assoluto granite countertops and equipped with 2 Miele dishwashers, 2 sinks, instant hot and filtered water, a raised island bar, hidden buffet table, side-by-side KitchenAid fridge and freezer, bar fridge, Electrolux built-in microwave and 2 electric ovens, Miele steam oven, 5 induction burners, and a gas wok burner. The family, living, dining, and breakfast areas connect seamlessly to the outdoor spaces, creating an exceptional main floor layout for both large gatherings and daily family life. The upper level includes a spacious primary suite with terrace access, a dressing room, walk-in closets, and a 5-piece ensuite. A second ensuite bedroom, additional bedroom space on the main level, and a lower level bedroom with an adjacent bath provide flexibility for family, guests, or multigenerational living. The lower level adds a recreation room, gym, steam room, hot tub, wetbar, and walk-out access. Outside, the landscaped grounds include a circular driveway, built-in 2-car garage, terraces, pond, pool house, and a gas-heated saltwater pool in a private garden setting. Located in an established Cliffcrest neighbourhood, the home is close to Bluffer's Park, local parks and recreation, shopping and dining along Kingston Road, well-regarded schools, and transit connections including Eglinton GO, Scarborough GO, and Kennedy Station. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 58 days on market, against an average age of 60 days across the listings currently for sale in this city
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.
This 5-bed single family in Toronto (Cliffcrest) has been listed for 58 days, which is 2 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,998,000, about 34.5× the local median household income of $87,000.
Carrying it typically needs a household income of about $585,614 (20% down, 25-yr amortization, stress-tested) — roughly 573% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.