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New3 hours ago

44 Ridge Hill Drive

Forest Hill North, Toronto

$2,999,000

Detached|2-Storey
4 | 4 | 4
About this home

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.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$13,658
Lot Size45 ft x 120 ft
mls© NumberC14101402
Listed ByFOREST HILL REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$15,350
Property tax
$1,138
Heat allowance
$150
Housing costs
$16,638 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $599,800
25-yr amortization

Income needed

$512,000

gross annual household income

Payment at 4%
$12,620 / mo
Cash down
$599,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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