4 Ridgewood Road, Toronto, ON
Forest Hill South, Toronto · MLS® C13457308
About this home
This Stately refined family home sits on a quiet cul-de-sac. The property features a rebuilt front exterior with heated interlock circular driveway, garage and custom stonework. When you enter the front foyer and hallway you get a sense of the grandness of the living room & dining room. The large family room overlooks the private professionally landscaped backyard oasis. The Downsview Kitchen is equipped with top of the line appliances and overlooks a large eating area with skylight and a walk-out to a stone patio, which leads to a stunning custom Bona Vista salt water inground pool with a hot tub and a retractable enclosure over the pool for 4 season swims. There is also a cedar lined cabana and a charming seating area with a gas fireplace. The second floor has a rare 4 bedroom layout. The primary suite offers wall-to-wall built-in closets, a spacious dressing room with vaulted ceiling, a marble make up table, custom built-in closets, skylights, and a spa like four-piece ensuite. The other three bedrooms are spacious and share a marble bathroom. The third floor has two large bedrooms and share a renovated 3 piece bathroom. There is an abundance of rooms for storage in the lower level which also includes a recreation room, laundry room, and 2 piece bathroom. This home is the perfect setting for a growing family who value space and the serenity for outdoor play on a quiet child friendly Cul de Sac.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13457308
- Bedrooms
- 6
- Bathrooms
- 5 (2 half)
- Size
- 3500-5000
- Lot
- 62 × 111.25 ft
- Cross streets
- Bathurst & Burton
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Circular Drive
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air, Other
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $26,642 / 2025
- Days on market
- 30
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
hardwood floor · fireplace · moulded ceiling
renovated · breakfast bar · pot lights
hardwood floor · fireplace · french doors
4 pc ensuite · skylight · w/w closet
porcelain floor · w/o to patio · french doors
tile floor · skylight · w/o to patio
porcelain floor · 2 pc bath · mirrored walls
Listed at $5,395,000, this home is about 27% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $6.51M, a bit lower. 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 $6.70M
- Bedrooms +$30K
- Adjusts to $6.72M
That comparable adjusts to $6.72M; the $7.41M estimate above is the median of all 7 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 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $7.41M, median of 7 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Weigh carefully
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 32% below the area average of $1,860/sqft.
29 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 175 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 $4,316,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $23,032
- Property tax
- $2,220
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $25,252
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $121,350
- Toronto municipal land transfer tax
- $163,200
- Estimated closing costs
- $284,550
Plus your down payment of $1,079,000. 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
- $1,381,907
- Principal paid down
- $549,644
- Interest paid
- $832,263
- Balance remaining
- $3,766,356
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
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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.