15 Skyridge Road, Toronto, ON

Morningside, Toronto · MLS® E13709988

$1,149,000
For Sale
Listed 55 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Welcome to an exceptional opportunity to own a beautifully maintained 5-level backsplit in the highly desirable and ultra-high-demand 7 Oaks neighbourhood.
  • This impressive 4-bedroom, 3-bathroom home offers the space, privacy, versatility, and location today's buyers are looking for.
  • Adding even greater value and peace of mind, the home features a brand-new roof completed in September 2026 and backed by a transferable 30-year warranty.
  • Step outside and discover what truly sets this property apart: an elevated deck overlooking a private, tree-enclosed, fully fenced backyard backing onto a peaceful...
  • Enjoy exceptional convenience with both public and Catholic elementary schools nearby, while U of T Scarborough, Centennial College, Pan Am Sports Centre, SHN Rouge...

Welcome to an exceptional opportunity to own a beautifully maintained 5-level backsplit in the highly desirable and ultra-high-demand 7 Oaks neighbourhood. This impressive 4-bedroom, 3-bathroom home offers the space, privacy, versatility, and location today's buyers are looking for. From the moment you arrive, you'll appreciate the home's inviting curb appeal, attached double-car garage and double-wide driveway. Adding even greater value and peace of mind, the home features a brand-new roof completed in September 2026 and backed by a transferable 30-year warranty. Step outside and discover what truly sets this property apart: an elevated deck overlooking a private, tree-enclosed, fully fenced backyard backing onto a peaceful ravine and Brooks Rd Park. Multiple walkouts lead to two private, secluded patio spaces, creating an exceptional indoor-outdoor lifestyle that's equally suited to quiet mornings, family gatherings, or entertaining guests. Inside, the home's generous multi-level layout offers remarkable flexibility for growing families, single buyers, multi-generational living, or savvy investors. With four spacious bedrooms and three bathrooms, there is room to live, work, relax and grow. For investors, the possibilities are particularly compelling-the home's size and layout offer the potential to explore a multi-unit conversion strategy designed to maximize rental income and cash flow, while potentially allowing an owner to live in the property as well. And then there's the location. Enjoy exceptional convenience with both public and Catholic elementary schools nearby, while U of T Scarborough, Centennial College, Pan Am Sports Centre, SHN Rouge Valley Hospital, TTC access and Highway 401 are all just minutes away. This isn't simply a house-it's an opportunity to secure space, privacy, lifestyle and investment potential in one of the area's most sought-after neighbourhoods. Properties offering this combination of size, versatility and location rarely exist.

Key facts

Property type
Detached, Backsplit 5
MLS®
E13709988
Bedrooms
4
Bathrooms
3
Size
2500-3000 sq ft
Lot
60 × 116 ft
Cross streets
MILITARY TRAIL / SKYRIDGE RD
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,512 / 2025
Days on market
55
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Furnace RoomLower4.50 × 3.29 m
KitchenGround5.02 × 2.89 m

breakfast area · granite counters · pot lights

Bedroom 2Upper4.05 × 3.29 m

closet · hardwood floor · window

Living RoomGround7.38 × 4.63 m

bay window · hardwood floor

Family RoomIn Between8.06 × 3.85 m

w/o to deck · hardwood floor · pot lights

Primary BedroomUpper4.67 × 3.43 m

closet · hardwood floor · window

LaundryLower4.46 × 3.70 m

ceramic floor · pot lights · above grade window

Furnace RoomLower4.50 × 3.29 m
Bedroom 3Upper3.24 × 3.03 m

closet · hardwood floor · window

BathroomIn Between1.95 × 1.72 m

pot lights · ceramic floor · 3 pc bath

Bedroom 4In Between4.39 × 3.34 m

closet · hardwood floor · pot lights

BathroomUpper3.43 × 2.54 m

ceramic floor · window · 3 pc bath

OfficeLower3.35 × 2.85 m

ceramic floor · fluorescent

BathroomBasement2.01 × 1.77 m

ceramic floor · porcelain sink · 3 pc bath

StudyLower3.76 × 2.89 m

above grade window · laminate

RecreationBasement7.15 × 63.85 m

w/o to patio · laminate

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

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

Neighbourhood & location

Morningside, 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.

Rouge E11
$1.15M
Bendale
$949K
Cliffcrest
$799K
Wexford-Maryvale
$849K
Steeles
$1.20M

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 Highcastle Public School
65%
Highcastle Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 65% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
St John Paul II Catholic Secondary School · Catholic secondary0.7 km · 76% at standard
Lucy Maud Montgomery Public School · Public elementary0.7 km · 74% at standard
Military Trail Public School · Public elementary0.8 km · 36% at standard
St Florence Catholic School · Catholic elementary0.9 km · 73% at standard
Henry Hudson Senior Public School · Public elementary1.5 km
Grey Owl Junior Public School · Public elementary1.6 km · 54% at standard
Emily Carr Public School · Public elementary1.6 km · 70% at standard
Berner Trail Junior Public School · Public elementary1.7 km · 56% at standard
Burrows Hall Junior Public School · Public elementary1.7 km · 81% at standard
St Columba Catholic School · Catholic elementary1.8 km · 40% at standard
Heather Heights Junior Public School · Public elementary1.8 km · 64% at standard
St Barnabas Catholic School · Catholic elementary1.9 km · 67% at standard

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

Affordability & Mortgage

Affordability
$5,237/mo
$217KIncome needed
5.3×Price ÷ income
$1,208Weekly cost
$38,910Land 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.

92%mortgage
Mortgage $5,237Property tax $459Total carry $5,696

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,082per month

Mortgage amount $919,200 · 4.49% over 25 years

$229,800Down payment (20.0%)
$919,200Loan before insurance
$0CMHC premium
$5,542Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,082
Property tax
$459
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,542

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

One-time closing costs

Ontario land transfer tax
$19,455
Toronto municipal land transfer tax
$19,455
Estimated closing costs
$38,910

Plus your down payment of $229,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,151/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

$605,524Total interest paid
$1,524,724Total of all payments
Principal $919,200 Interest $605,524
YearPrincipalInterestBalance
1$20,513$40,476$898,687
2$21,444$39,545$877,243
3$22,418$38,571$854,826
4$23,435$37,553$831,390
5$24,500$36,489$806,891
6$25,612$35,377$781,279
7$26,775$34,214$754,504
8$27,990$32,998$726,514
9$29,261$31,728$697,252
10$30,590$30,399$666,662
11$31,979$29,010$634,683
12$33,431$27,558$601,253
13$34,949$26,040$566,304
14$36,536$24,453$529,768
15$38,194$22,795$491,574
16$39,929$21,060$451,645
17$41,741$19,247$409,904
18$43,637$17,352$366,267
19$45,618$15,371$320,649
20$47,689$13,300$272,960
21$49,855$11,134$223,105
22$52,118$8,871$170,987
23$54,484$6,504$116,503
24$56,958$4,031$59,544
25$59,544$1,445$0

At the end of your 5-year term

Total paid over the term
$304,945
Principal paid down
$112,309
Interest paid
$192,636
Balance remaining
$806,891

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$5,250/mo
$63,000Gross annual rent
4.3%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

5.5%
Gross yield
− Property tax $5,512− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $49,158

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

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