38 Ridgevale Drive, Toronto, ON

Englemount-Lawrence, Toronto · MLS® C13488052

$3,899,000
For Sale
Listed 22 days ago
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5Bedrooms
6Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

This Newly Built Custom Luxury Residence Delivers An Exceptional Blend Of Refined Design And Superior Craftsmanship. Offering Over 4,600 Sq. Ft. Of Impeccably Finished Living Space, This Bespoke Home Was Thoughtfully Designed In Collaboration With Internationally Acclaimed Mila Yudina Design And A Seasoned Builder With Over 30 Years Of Experience. A Striking Exterior And Solid Insulated Concrete Form (ICF) Construction Set The Tone For Quality And Efficiency. Inside, 9 & 10-Foot Ceilings And Rich Hardwood Floors Create A Seamless Sense Of Elegance Throughout. The Main Level Is Tailored For Both Everyday Living And Sophisticated Entertaining, Anchored By A Gourmet Chef-Inspired Kitchen Featuring Premium Sub-Zero And Wolf Appliances, Quartz Surfaces, And A Fully Equipped Butler's Pantry With Secondary Fridge And Sink. A Private Main-Floor Office With Custom Built-Ins Offers A Polished Workspace. Each Generously Sized Bedroom Serves As A Retreat, Complete With Custom Walk-In Closets, While Designer Bathrooms Showcase Distinctive Tilework And Elevated Finishes. Exceptional Storage Solutions Have Been Integrated Throughout For Effortless Organization. The Fully Finished 1,400 Sq. Ft. Lower Level Is Designed For Entertaining, Featuring A Sleek Wet Bar, Built-In Media Unit, And A Versatile Flex Space Ideal For A Home Gym Or Guest Suite. Car Enthusiasts Will Appreciate The Oversized Two-Car Garage With 14-Foot Ceilings And 10-Foot Doors, Offering Potential For A Lift. Surrounded By Mature Trees And Enhanced By Professional Front Landscaping, The Backyard Presents A Rare Opportunity To Create A Personalized Outdoor Oasis. This Exceptional Home is Situated in a Safe, Family-Friendly Neighbourhood Renowned for Its Strong Sense of Community. Steps To Yorkdale Mall, Transit, Parks, Top-Rated Schools, And Major Highways, Including Allen Rd And Hwy 401, This Home Offers The Perfect Balance Of Luxury, Convenience, And Community Living.

Key facts

Property type
Detached, 2-Storey
MLS®
C13488052
Bedrooms
5 (4 + 1)
Bathrooms
6 (2 half)
Size
3000-3500
Lot
46 × 119.75 ft
Cross streets
Bathurst and L
Parking
2 garage · 6 parking (attached)
Driveway
Front Yard Parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Insulated Concrete Form
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,206 / 2025
Days on market
22
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Powder RoomMain1.66 × 2.08 m

marble floor · marble sink · 2 pc bath

Dining RoomMain2.65 × 5.16 m

hardwood floor · open concept · overlooks living

RecreationBasement10.60 × 5.59 m

hardwood floor · wet bar · 2 pc bath

BedroomBasement4.68 × 8.01 m

hardwood floor · 3 pc ensuite

KitchenMain3.25 × 5.16 m

hardwood floor · breakfast bar · custom counter

PantryMain2.85 × 21.85 m

hardwood floor · custom backsplash · custom counter

OfficeMain3.28 × 2.56 m

hardwood floor · picture window · b/i shelves

Utility RoomBasement3.85 × 2.10 m
Bedroom 4Second6.06 × 3.44 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Living RoomMain5.29 × 5.16 m

hardwood floor · gas fireplace · overlooks garden

Bedroom 3Second5.05 × 4.04 m

walk through · walk-in closet(s) · 4 pc ensuite

Bedroom 2Second6.06 × 3.09 m

walk through · walk-in closet(s) · 4 pc ensuite

Primary BedroomSecond5.05 × 4.91 m

gas fireplace · walk-in closet(s) · 5 pc ensuite

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Ledbury Park Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Ranee Ave at Ameer Ave is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Englemount-Lawrence · asking prices
$2.41Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

68 Lynnhaven Road$2.50M743 Glencairn Avenue$2.60M24 Ranee Avenue$2.15M

The 3 closest active listings nearby.

See all comparable homes
3.90MThis home2.50M2.60M2.15MThis home vs active comparables
Live market pulseActive comparables in Englemount-Lawrence · median list $2.50M
$1,200this home / sqft
8active listings nearby
22days on market

21 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Englemount-Lawrence, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

81/ 100

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: Ranee Ave at Ameer Ave, about 334 m away

20+ transit stops7 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Downsview-Roding-CFB
$1.06M
High Park-Swansea
$4.99M
Wexford-Maryvale
$865K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Ledbury Park Elementary and Middle School
77%
Ledbury Park Elementary and Middle SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 77% meet the provincial standard

Affordability & Mortgage

Affordability
$17,770/mo
$690KIncome needed
5.7×Price ÷ income
$4,101Weekly cost
20% down4.79%25-yr amortization

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.

97%mortgage
Mortgage $17,770Property tax $517Total carry $18,288

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16,645per month

Mortgage amount $3,119,200 · 4.14% over 25 years

$779,800Down payment (20.0%)
$3,119,200Loan before insurance
$0CMHC premium
$17,162Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,645
Property tax
$517
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,162

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$83,950
Toronto municipal land transfer tax
$92,940
Estimated closing costs
$176,890

Plus your down payment of $779,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,217/monthPayment at the qualifying rate

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

$1,874,363Total interest paid
$4,993,563Total of all payments
Principal $3,119,200 Interest $1,874,363
YearPrincipalInterestBalance
1$73,072$126,670$3,046,128
2$76,129$123,614$2,969,999
3$79,313$120,430$2,890,686
4$82,630$117,112$2,808,056
5$86,087$113,656$2,721,969
6$89,688$110,055$2,632,281
7$93,439$106,303$2,538,842
8$97,348$102,395$2,441,495
9$101,419$98,323$2,340,075
10$105,662$94,081$2,234,414
11$110,081$89,661$2,124,332
12$114,686$85,057$2,009,646
13$119,483$80,259$1,890,163
14$124,481$75,262$1,765,682
15$129,688$70,055$1,635,995
16$135,112$64,630$1,500,882
17$140,764$58,979$1,360,119
18$146,652$53,091$1,213,467
19$152,786$46,956$1,060,681
20$159,177$40,566$901,504
21$165,835$33,908$735,669
22$172,772$26,971$562,897
23$179,998$19,744$382,899
24$187,527$12,215$195,371
25$195,371$4,371$0

At the end of your 5-year term

Total paid over the term
$998,713
Principal paid down
$397,231
Interest paid
$601,482
Balance remaining
$2,721,969

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.

Let's connect

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

Rental yield
Estimate$6,300/mo
$75,600Gross annual rent
1.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.9%
Gross yield
− Property tax $6,206− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $59,678

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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