53 Pine Ridge Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,798,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 100 x 286.41 ft lot
- Features a partially finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Absolutely Extraordinary - Rare opportunity to own a 100' Front by 286.41' deep parcel of land that has been passed down from generation to generation and is located in the sought after, family oriented community of Cliffcrest community, within the prestigious South Scarborough Bluffs. Owning this truly unparalleled property is a once in a lifetime treasure that should not be missed! Opportunity knocks, rebuild or expand this charming 1.5 story home is your choice. Overlooking a lush Ravine, this private resort-style residence offers the ultimate in privacy. The entire home has been renovated in 2024. In addition, this is a great opportunity to build your dream home on a prime 100' wide by 284.41' deep parcel of land that borders the Ravine. You May Severance to build multiple Residences in the future, making it a great investment. This stunning land offers endless possibilities!
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Interior Features
Carpet Free, Primary Bedroom - Main Floor
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 53 Pine Ridge Drive, Toronto E08, ON M1M 2X6
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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 $1,798,000 in Toronto, the legal minimum down payment is $359,600 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 $32,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $32,435 also applies, bringing the total estimated land transfer taxes to $64,870.
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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.
