303 Ridley Boulevard, Toronto, ON
Lansing-Westgate, Toronto · MLS® C13623352
About this home
In short
- Custom Re-built Masterpiece in Prime Armour Heights A striking custom residence in the prestigious Armour Heights community, offering over 4+1 bedrooms and 6...
- Soaring ceilings, wide-plank light hardwood flooring, and expansive windows create a bright, airy atmosphere throughout.
- At the heart of the home, a designer kitchen showcases quartz surfaces, a waterfall island with breakfast seating, and seamless flow into a generous family room and...
- Upstairs, the primary suite offers a refined retreat with a spa-inspired 5-piece ensuite, walk-in closet, and private balcony.
- Just moments from Highway 401, the Bathurst Corridor, shopping, dining, and everyday amenities
***Custom Re-built Masterpiece in Prime Armour Heights*** A striking custom residence in the prestigious Armour Heights community, offering over 4+1 bedrooms and 6 bathrooms across a thoughtfully designed, modern layout. Soaring ceilings, wide-plank light hardwood flooring, and expansive windows create a bright, airy atmosphere throughout. The main level is tailored for both everyday living and entertaining, featuring a private office, elegant formal living and dining spaces with a convenient server, along with a well-organized mudroom and powder room. At the heart of the home, a designer kitchen showcases quartz surfaces, a waterfall island with breakfast seating, and seamless flow into a generous family room and dining area-ideal for hosting. Walk out to a custom wood deck overlooking an exceptionally deep backyard, perfect for outdoor living. Upstairs, the primary suite offers a refined retreat with a spa-inspired 5-piece ensuite, walk-in closet, and private balcony. Three additional bedrooms are well-appointed, including a semi-ensuite and a separate ensuite with a spacious walk-in closet. A second-floor laundry room adds everyday convenience. The lower level extends the living space with a large recreation area, a flexible nanny or guest suite with its own ensuite, an additional bathroom, and a second laundry area. A walk-out provides direct access to the backyard for seamless indoor-outdoor integration. Complete with an attached garage and located within the sought-after Summit Heights PS and William Lyon Mackenzie CI school zones. Just moments from Highway 401, the Bathurst Corridor, shopping, dining, and everyday amenities
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13623352
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 6 (2 half)
- Size
- 2500-3000 sq ft
- Lot
- 42.5 × 145 ft
- Cross streets
- Avenue/Wilson
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Shingles, Flat
- Sewer
- Sewer
- Property tax
- $13,016 / 2025
- Days on market
- 69
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
Listed at $2,790,000. Going by how homes in Lansing-Westgate and the wider GTA have actually closed against their asking prices (about 97%, 19 local closings in 90 days), the likely sale price is near $2.71M, if it sells. A realistic range is $2.54M to $3.06M.
Independent value check: $2.35M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $2.20M and $2.46M).
Why $2.35M. The typical detached home sold in Lansing-Westgate over the past year went for about $1.78M (60 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $13,016 a year; the typical home sold here pays about $9,900.
- ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
- ▲ Raises it4+1 bedrooms and 6 baths, against 4+1 and 4 typically.
Longer on the market than typical. 69 days on the market against about 41 for homes like it here, and asking 19% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $2.71M, from 19 recent closings in this pocket.
The market behind the math:
About 0.9 months of inventory: 6 detached homes for sale in the area against 19 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,015/sqft against an area asking average of $889/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Lansing-Westgate: 17 of the 136 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.05M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Summit Heights Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
Based on 19 comparable homes that sold in Lansing-Westgate over the past two years, from 131 closings there.
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $889/sqft; this home lists at $1,015/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,353 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 671 |
Neighbourhood & location
Lansing-Westgate, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 7, 2026); conventional rates run a little higher.
Mortgage amount $2,232,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,341
- Property tax
- $1,085
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,426
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $56,225
- Toronto municipal land transfer tax
- $56,225
- Estimated closing costs
- $112,450
Plus your down payment of $558,000. 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
- $740,467
- Principal paid down
- $272,709
- Interest paid
- $467,757
- Balance remaining
- $1,959,291
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
The suite is real income here: basements rent in Lansing-Westgate (17 of 136 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 17 whole-home leases in Lansing-Westgate signed at a median of $6,273 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,559. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.