106-2 Ridelle Avenue, Toronto, ON

Forest Hill North, Toronto · MLS® C13881484

$539,000
For Sale
Listed 10 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
1Bathrooms
0Parking
900-999Sq ft

About this home

In short

  • Welcome To Unit 106 in Ridelle Plaza Condos In The Heart Of Forest Hill.
  • This Spacious 2 Bedroom, 1 Bathroom condo Has Over 900 Sqft Of Living Space.
  • Completely Renovated and Move In Ready with Granite kitchen Counter Tops, Stainless Steel Appliances, Newer Bathroom, Walk In Shower and Hardwood Floors Throughout.
  • Lots Of great Storage with 2 double closets in the entrance area.
  • This quiet and beautifully landscaped Building Is Close To Restaurants , Transit, Schools, Places of Worship, The Beltline Path, And Other Great Amenities In The...

Welcome To Unit 106 in Ridelle Plaza Condos In The Heart Of Forest Hill. This Spacious 2 Bedroom, 1 Bathroom condo Has Over 900 Sqft Of Living Space. Enjoy the flexibility of a second bedroom or a dedicated home office. Completely Renovated and Move In Ready with Granite kitchen Counter Tops, Stainless Steel Appliances, Newer Bathroom, Walk In Shower and Hardwood Floors Throughout. The generous living space includes a separate dining area that accommodates a full-sized table. Lots Of great Storage with 2 double closets in the entrance area. This unit is rare as it offers a Gorgeous courtyard Garden View. This quiet and beautifully landscaped Building Is Close To Restaurants , Transit, Schools, Places of Worship, The Beltline Path, And Other Great Amenities In The Neighbourhood!. Great Value For A 2 Bedroom Unit In the desirable Forest Hill area. No pets and no smoking per condo by laws

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13881484
Bedrooms
2
Bathrooms
1
Size
900-999 sq ft
Cross streets
Bathurst & Eglinton
Parking
0 parking
Basement
None
Heating
Radiant
A/C
Window Unit(s)
Exterior
Brick
Maintenance
$732/mo
Exposure
West
Property tax
$1,895 / 2026
Days on market
10
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

KitchenMain3.81 × 1.78 m

renovated · stainless steel appl · backsplash

BathroomMain2.16 × 1.60 m

3 pc bath · tile floor

Bedroom 2Main3.48 × 2.64 m

hardwood floor · closet

Living RoomMain3.86 × 3.32 m

hardwood floor · combined w/dining

Primary BedroomMain3.91 × 2.97 m

hardwood floor · large closet

Dining RoomMain5.26 × 2.67 m

hardwood floor · combined w/living · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby · asking prices
$782kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $692/sqft; this home lists at $568/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
539kThis home575k675k1.09MThis home vs active comparables

Neighbourhood & location

Forest Hill North, 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.

Nearby neighbourhoods

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

Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Bayview Village
$526K

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 Our Lady of the Assumption
54%
Our Lady of the AssumptionCatholic · Elementary · 1.1 km awayBelow the GTA average · 54% meet the provincial standard
West Preparatory Junior Public SchoolEQAO results not published
Forest Hill Junior and Senior Public SchoolEQAO results not published
Forest Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
North Preparatory Junior Public School · Public elementary0.6 km · 71% at standard
Forest Hill Collegiate Institute · Public secondary0.7 km · 76% at standard
West Preparatory Junior Public School · Public elementary0.7 km · 77% at standard
Glen Park Public School · Public elementary1.0 km · 54% at standard
Allenby Junior Public School · Public elementary1.2 km · 78% at standard
Cedarvale Community School · Public elementary1.3 km · 85% at standard
Sts Cosmas and Damian Catholic School · Catholic elementary1.4 km · 84% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.4 km · 74% at standard
Oriole Park Junior Public School · Public elementary1.5 km · 100% at standard
John Polanyi Collegiate Institute · Public secondary1.5 km · 54% at standard
J R Wilcox Community School · Public elementary1.6 km · 72% at standard
Forest Hill Junior and Senior Public School · Public elementary1.7 km · 82% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,457/mo
$116KIncome needed
4.7×Price ÷ income
$567Weekly cost
$14,510Land transfer tax, one-time (Ontario + Toronto)
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.

73%mortgage
Mortgage $2,457Property tax $158Condo fee $732Total carry $3,347

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,384per month

Mortgage amount $431,200 · 4.49% over 25 years

$107,800Down payment (20.0%)
$431,200Loan before insurance
$0CMHC premium
$3,274Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,384
Property tax
$158
Condo / maintenance fees
$732
Heating
$0
Estimated monthly cost
$3,274

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

One-time closing costs

Ontario land transfer tax
$7,255
Toronto municipal land transfer tax
$7,255
Estimated closing costs
$14,510

Plus your down payment of $107,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,886/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

$284,054Total interest paid
$715,254Total of all payments
Principal $431,200 Interest $284,054
YearPrincipalInterestBalance
1$9,623$18,988$421,577
2$10,059$18,551$411,518
3$10,516$18,094$401,002
4$10,994$17,616$390,008
5$11,493$17,117$378,515
6$12,015$16,596$366,501
7$12,560$16,050$353,941
8$13,130$15,480$340,810
9$13,727$14,884$327,083
10$14,350$14,260$312,734
11$15,001$13,609$297,732
12$15,683$12,928$282,050
13$16,395$12,216$265,655
14$17,139$11,471$248,516
15$17,917$10,693$230,599
16$18,731$9,880$211,868
17$19,581$9,029$192,287
18$20,470$8,140$171,817
19$21,400$7,211$150,418
20$22,371$6,239$128,046
21$23,387$5,223$104,660
22$24,449$4,161$80,211
23$25,559$3,051$54,652
24$26,719$1,891$27,933
25$27,933$678$0

At the end of your 5-year term

Total paid over the term
$143,051
Principal paid down
$52,685
Interest paid
$90,366
Balance remaining
$378,515

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$3,050/mo
$36,600Gross annual rent
4.0%Cap rate after taxes and upkeep

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.

6.8%
Gross yield
− Property tax $1,895− Condo fees $8,786− Insurance $600− Vacancy & upkeep $4,026Net operating income $21,293

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

CallRequest a showing