48 Ridware Crescent, Toronto, ON
Highland Creek, Toronto · MLS® E13432682
About this home
Welcome to 48 Ridware Crescent, a beautifully renovated detached home in the prestigious Highland Creek community, ideally located within walking distance to the University of Toronto Scarborough Campus, Centennial College, TTC transit, parks, schools, and everyday amenities, with quick access to Highway 401. Offering 4+3 bedrooms and a bright, functional layout, this move-in-ready home features engineered hardwood flooring throughout, renovated kitchens and bathrooms, spacious principal rooms, and quality finishes designed for modern family living. The updated kitchen is equipped with premium appliances, quartz countertops, and ample storage, making it the perfect space for cooking and entertaining. Enjoy the inviting front porch, private backyard with greenhouse, and a finished basement with 3 additional bedrooms, offering exceptional flexibility for large or multi-generational families. Major updates include a renovated main floor and kitchen (2020), roof replacement in 2022 with a 20-year transferable warranty, updated windows, A/C, and numerous improvements throughout. Situated in one of Scarborough's most sought-after neighborhoods, this exceptional home combines location, space, and quality upgrades, making it a rare opportunity for families seeking comfort, convenience, and long-term value.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13432682
- Bedrooms
- 7 (4 + 3)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 40.86 × 109.74 ft
- Cross streets
- Ellesmere / Conlins
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,105 / 2025
- Days on market
- 36
- Listing brokerage
- ROYAL LEPAGE IGNITE REALTY
Rooms
hardwood floor · combined w/family · pot lights
laminate · closet · window
laminate · window · closet
hardwood floor · pot lights
laminate · closet · window
laminate · combined w/dining · pot lights
laminate · closet · window
hardwood floor · separate room · pot lights
laminate · closet · 3 pc bath
Laminate
hardwood floor · combined w/living · pot lights
laminate · window
Listed at $1,299,980, this home is within the range of comparable homes, on the higher side. 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 $1.25M, 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 $1.60M
- Size difference −$492K
- Bedrooms +$30K
- Adjusts to $1.14M
That comparable adjusts to $1.14M; the $1.14M 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.
On schools, this address is zoned for Morrish 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.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Ellesmere Rd at Conlins Rd is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $1.14M, 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
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 10% above the area average of $526/sqft.
35 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Highland Creek, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Ellesmere Rd at Conlins Rd, about 228 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
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 $1,039,984 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,550
- Property tax
- $425
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,975
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,475
- Toronto municipal land transfer tax
- $22,475
- Estimated closing costs
- $44,949
Plus your down payment of $259,996. 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
- $332,984
- Principal paid down
- $132,442
- Interest paid
- $200,542
- Balance remaining
- $907,542
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 ROYAL LEPAGE IGNITE REALTY. MLS®/PropTx.