2 Pine Ridge Drive, Toronto, ON

Cliffcrest, Toronto · MLS® E13111990

$1,899,000
For Sale
Listed 67 days ago
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4Bedrooms
3Bathrooms
2Garage · 8 parking
3000-3500Sq Ft

About this home

Introducing 2 Pine Ridge Drive, an exceptional residence in Toronto's most coveted enclave, only minutes from the Scarborough Bluffs, pristine waterfront trails, and Toronto's finest institutions. Set on spectacular grounds adorned with mature landscaping and meticulously curated gardens, this distinguished home represents a masterclass in refined living. The main floor reveals exquisite hardwood flooring, sophisticated crown moulding, and expansive windows that bathes the residence in natural light. The gracious open-concept living and dining centres on an elegant wood-burning fireplace, while the chef's kitchen showcases a premium 36-inch gas range, stainless steel appliances, sculptural peninsula island with pristine granite countertops, and a picturesque bay window overlooking immaculate gardens. A private main floor office provides a dedicated professional workspace. The upper floor unveils an extraordinary primary retreat: a private luxury sanctuary featuring soaring vaulted ceilings, dedicated sitting room, and a lavish 7-piece spa-inspired ensuite with soaker tub, a curbless glass shower, and marble-appointed double vanity. The bespoke walk-in closet is a fully appointed dressing room with wall-to-wall built-in cabinetry, center island, and an integrated washer and dryer. Two additional spacious bedrooms and an elegant 4-piece bath complete the level. The finished lower level offers a grand recreation room with gas fireplace, a convenient kitchenette, and secondary laundry. Walkup to the dedicated gym, easily convertible to additional luxury living main floor space. The massive attached two-car garage offers tons of additional storage and the expansive driveway accommodate six vehicles. The expansive wrap-around yard enveloped by lush green trees and thoughtfully designed privacy fencing creates an extraordinary outdoor oasis that seamlessly blends with serene natural setting attracting graceful deer- a privilege few urban properties can claim.

Key facts

Property type
Detached, 2-Storey
MLS®
E13111990
Bedrooms
4
Bathrooms
3 (1 half)
Size
3000-3500
Lot
116.83 × 137.2 ft
Cross streets
Pine Ridge Drive and South of Kingston Rd
Parking
2 garage · 8 parking (built-in)
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Other
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$10,173 / 2025
Days on market
67
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomMain4.45 × 3.81 m

hardwood floor · crown moulding · fireplace

RecreationBasement5.49 × 4.42 m

large window · pot lights · b/i shelves

Bedroom 2Second3.68 × 2.87 m

hardwood floor · large window · closet

KitchenMain5.08 × 2.49 m

stainless steel appl · granite counters · bay window

KitchenBasement2.79 × 1.27 m

open concept · window · pot lights

Primary BedroomSecond7.32 × 7.21 m

combined w/sitting · 7 pc ensuite · walk-in closet(s)

LaundryBasement3.84 × 2.34 m

window · laundry sink

BreakfastMain3.38 × 3.12 m

hardwood floor · crown moulding · b/i shelves

Bedroom 3Second4.01 × 4.93 m

hardwood floor · large window · closet

OfficeMain2.82 × 2.90 m

b/i shelves · hardwood floor · large window

Dining RoomMain2.34 × 3.81 m

hardwood floor · crown moulding · open concept

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.30Mest. value

Listed at $1,899,000, this home is about 18% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.32M, a close match.

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 $2.39M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $2.34M

That comparable adjusts to $2.34M; the $2.30M estimate above is the median of all 5 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.

The assigned public school is R H King Academy. 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. Kingston Rd at McNab Blvd East Side is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.90MGreat deal$2.34MOverpriced

Total price vs nearby homes. Fair value about $2.30M, median of 5 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.

  • 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.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Worth verifying
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Cliffcrest · asking prices
$2.15Mavg asking

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

2 Ledge Road$2.00M18 Thatcher Avenue$1.98M5 Anson Avenue$1.45M9 Fenwood Heights$2.92M1 Pine Ridge Drive$2.39M

The 5 closest active listings nearby.

See all comparable homes
1.90MThis home2.00M1.98M1.45M2.92M2.39MThis home vs active comparables
Live market pulseActive comparables in Cliffcrest · median list $2.00M
$584this home / sqft
5active listings nearby
67days on market

This home lists 16% below the area average of $699/sqft.

66 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

Cliffcrest, 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

72/ 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: Kingston Rd at McNab Blvd East Side, about 328 m away

20+ transit stops2 grocery20+ dining17 parks3 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.

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

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 Fairmount Public School
68%
Fairmount Public SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$8,655/mo
$360KIncome needed
5.3×Price ÷ income
$1,997Weekly 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.

91%mortgage
Mortgage $8,655Property tax $848Total carry $9,503

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)
$8,107per month

Mortgage amount $1,519,200 · 4.14% over 25 years

$379,800Down payment (20.0%)
$1,519,200Loan before insurance
$0CMHC premium
$8,955Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,107
Property tax
$848
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,955

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

One-time closing costs

Ontario land transfer tax
$34,455
Toronto municipal land transfer tax
$34,455
Estimated closing costs
$68,910

Plus your down payment of $379,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,847/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

$912,905Total interest paid
$2,432,105Total of all payments
Principal $1,519,200 Interest $912,905
YearPrincipalInterestBalance
1$35,590$61,695$1,483,610
2$37,078$60,206$1,446,532
3$38,629$58,655$1,407,903
4$40,245$57,039$1,367,658
5$41,928$55,356$1,325,730
6$43,682$53,602$1,282,047
7$45,509$51,775$1,236,538
8$47,413$49,871$1,189,125
9$49,396$47,888$1,139,729
10$51,462$45,822$1,088,267
11$53,615$43,669$1,034,652
12$55,858$41,427$978,794
13$58,194$39,090$920,600
14$60,628$36,656$859,972
15$63,164$34,120$796,808
16$65,806$31,478$731,002
17$68,559$28,725$662,443
18$71,426$25,858$591,016
19$74,414$22,870$516,602
20$77,527$19,757$439,076
21$80,770$16,515$358,306
22$84,148$13,136$274,158
23$87,668$9,616$186,490
24$91,335$5,949$95,155
25$95,155$2,129$0

At the end of your 5-year term

Total paid over the term
$486,421
Principal paid down
$193,470
Interest paid
$292,950
Balance remaining
$1,325,730

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
2.9%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.

4.0%
Gross yield
− Property tax $10,173− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $55,711

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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