11 Ridgewood Road, Toronto, ON
Forest Hill South, Toronto · MLS® C12895606
About this home
Elegance, modern design, and inspiration beyond imagination define this exceptional residence in the heart of the prestigious Forest Hill. Custom built in 2017 and masterfully designed by renowned Lorne Rose, this remarkable home sits on an extraordinary 62 x 266 ft ravine lot, offering rare privacy and a breathtaking natural backdrop in the city.Thoughtfully crafted with both luxury and functionality in mind, the home offers approximately 8,000 square feet of refined living space, featuring 4+1 bedrooms and 7 beautifully appointed bathrooms. Soaring ceilings, expansive windows, and impeccable craftsmanship create a bright, open atmosphere while showcasing the finest finishes throughout. Every detail has been carefully curated to deliver a seamless blend of sophistication, comfort, and contemporary living.The stunning ravine setting extends the home's living space outdoors. A tranquil Zen-inspired backyard retreat features a dedicated yoga station and a private putting green-creating the perfect environment to relax, recharge, and enjoy moments of peace and balance surrounded by nature. This extraordinary property offers a rare opportunity to experience luxury living at its finest in one of Toronto's most coveted neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C12895606
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 7 (1 half)
- Size
- 5,000 sq ft
- Lot
- 62 × 266 ft
- Cross streets
- E Of Bathurst/N Of St Clair
- Parking
- 2 garage · 10 parking (built-in)
- Driveway
- Circular Drive
- Basement
- Finished, Walk-Out, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $48,548 / 2025
- Days on market
- 121
- Listing brokerage
- SAGE REAL ESTATE LIMITED
Rooms
hardwood floor · marble fireplace · combined w/dining
3 pc ensuite · double closet · tile floor
6 pc ensuite · his and hers closets · overlooks ravine
w/o to balcony · overlooks ravine · hardwood floor
3 pc ensuite · walk-in closet(s) · overlooks ravine
w/o to deck · window floor to ceiling · overlooks ravine
overlooks backyard · hardwood floor · marble fireplace
hardwood floor · led lighting · pantry
3 pc ensuite · walk-in closet(s) · hardwood floor
4 pc ensuite · walk-in closet(s) · hardwood floor
wet bar · 2 way fireplace · w/o to deck
marble counter · b/i appliances · centre island
Listed at $9,200,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $11.53M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $12.29M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $12.34M
That comparable adjusts to $12.34M; the $10.08M estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a very walkable address with everyday errands close by. Burton Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $10.08M, median of 6 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 7% below the area average of $1,973/sqft.
120 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Forest Hill South, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Burton Rd, about 113 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $7,360,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $39,276
- Property tax
- $4,046
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $43,321
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $216,475
- Toronto municipal land transfer tax
- $372,475
- Estimated closing costs
- $588,950
Plus your down payment of $1,840,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $2,356,542
- Principal paid down
- $937,298
- Interest paid
- $1,419,244
- Balance remaining
- $6,422,702
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.