5 Ridge Hill Drive, Toronto, ON
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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 $2,999,000 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.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 51.83 x 126.29 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover this stunning, fully renovated residence nestled in one of Toronto's most prestigious and family-friendly neighborhoods. Thoughtfully reimagined in 2020, this elegant 4+1 bedroom, 5 bathroom home masterfully blends classic charm with modern sophistication, offering over 3,000 sq ft of beautifully finished living space. From the moment you step inside, you're greeted by rich hardwood flooring that flows throughout the top two levels, setting a warm and inviting tone. The custom chefs kitchen is a true show piece complete with a striking marble island, quartz countertops, and top-of-the-line appliances perfectly designed for entertaining or daily comfort. A gleaming chandelier adds a touch of grandeur, illuminating the open-concept living and dining areas with refined elegance. This home features two staircases to the basement and a flexible lower level with an additional bedroom and bath, ideal for guests, a nanny suite, or home office. Step outside into your private oasis, over $125,000 has been invested in professional landscaping, including a gorgeous interlocked driveway, manicured gardens, and a serene backyard retreat perfect for gatherings or quiet evenings under the stars. Located in a sought-after, tree-lined pocket of Forest Hill North, this move-in-ready home is just minutes from top-rated schools, parks, transit, and boutique shopping. A rare opportunity to own a gorgeous property in one of Toronto's most desirable neighbourhoods.
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Pricing & Value Insights
Data-driven valuation for 5 Ridge Hill Drive, Toronto C04, ON M6C 2J2
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 $2,999,000 in Toronto, the legal minimum down payment is $599,800 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 $61,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,450 also applies, bringing the total estimated land transfer taxes to $122,900.
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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.
