55 Pine Ridge Drive, Toronto, ON

Cliffcrest, Toronto · MLS® E13759734

$2,998,000
For Sale
Listed 40 days agoNo offer date stated
4+1Bedrooms
5Bathrooms
2Garage · 8 parking
3500-5000Sq ft

About this home

In short

  • Welcome to 55 Pine Ridge Drive, a custom Cliffcrest residence set on a private, tree-lined ravine lot near the Scarborough Bluffs.
  • Rebuilt approximately 15 years ago on the original 1954 foundation, this bright and generously scaled home was designed for both everyday living and entertaining...
  • The gourmet kitchen is finished with Nero Assoluto granite countertops and equipped with 2 Miele dishwashers, 2 sinks, instant hot and filtered water, a raised island...
  • Outside, the landscaped grounds include a circular driveway, built-in 2-car garage, terraces, pond, pool house, and a gas-heated saltwater pool in a private garden...
  • Located in an established Cliffcrest neighbourhood, the home is close to Bluffer's Park, local parks and recreation, shopping and dining along Kingston Road...

Welcome to 55 Pine Ridge Drive, a custom Cliffcrest residence set on a private, tree-lined ravine lot near the Scarborough Bluffs. Rebuilt approximately 15 years ago on the original 1954 foundation, this bright and generously scaled home was designed for both everyday living and entertaining, with a dramatic two-storey great room, Brazilian cherry hardwood floors, porcelain tile, multiple fireplaces, refined millwork, and an elevator serving all levels. The gourmet kitchen is finished with Nero Assoluto granite countertops and equipped with 2 Miele dishwashers, 2 sinks, instant hot and filtered water, a raised island bar, hidden buffet table, side-by-side KitchenAid fridge and freezer, bar fridge, Electrolux built-in microwave and 2 electric ovens, Miele steam oven, 5 induction burners, and a gas wok burner. The family, living, dining, and breakfast areas connect seamlessly to the outdoor spaces, creating an exceptional main floor layout for both large gatherings and daily family life. The upper level includes a spacious primary suite with terrace access, a dressing room, walk-in closets, and a 5-piece ensuite. A second ensuite bedroom, additional bedroom space on the main level, and a lower level bedroom with an adjacent bath provide flexibility for family, guests, or multigenerational living. The lower level adds a recreation room, gym, steam room, hot tub, wetbar, and walk-out access. Outside, the landscaped grounds include a circular driveway, built-in 2-car garage, terraces, pond, pool house, and a gas-heated saltwater pool in a private garden setting. Located in an established Cliffcrest neighbourhood, the home is close to Bluffer's Park, local parks and recreation, shopping and dining along Kingston Road, well-regarded schools, and transit connections including Eglinton GO, Scarborough GO, and Kennedy Station.

Key facts

Property type
Detached, 2-Storey
MLS®
E13759734
Bedrooms
4+1 (5 total)
Bathrooms
5
Size
3500-5000 sq ft
Lot
100.29 × 347 ft
Cross streets
Kingston Rd and Pine Ridge Drive
Parking
2 garage · 8 parking (attached)
Driveway
Circular Drive, Private
Basement
Finished with Walk-Out, Separate Entrance, Full, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Shingles, Asphalt Shingle
Sewer
Sewer
Pool
Outdoor, Salt, Above Ground, Inground
Property tax
$16,590 / 2026
Days on market
40
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Bedroom 3Main4.32 × 3.89 m

broadloom · w/o to deck · closet

Family RoomSecond7.87 × 4.44 m

french doors · w/o to balcony · fireplace

RecreationLower6.17 × 3.84 m

w/o to patio · 3 pc ensuite · combined w/kitchen

Primary BedroomSecond6.96 × 6.25 m

5 pc ensuite · walk-in closet(s) · w/o to balcony

BreakfastMain6.25 × 3.81 m

breakfast bar · gas fireplace · w/o to balcony

KitchenLower3.71 × 3.05 m

wet bar · combined w/rec

KitchenMain6.30 × 4.78 m

ceramic floor · granite counters · b/i appliances

Dining RoomMain6.02 × 4.52 m

combined w/living · hardwood floor · 2 way fireplace

Bedroom 4Main3.96 × 3.61 m

large window · broadloom · large closet

Bedroom 2Second5.46 × 4.50 m

4 pc ensuite · double closet · broadloom

Bedroom 5Lower3.81 × 3.63 m

broadloom · large closet · w/o to patio

FoyerMain3.58 × 2.41 m

porcelain floor · elevator · staircase

Living RoomMain6.32 × 3.91 m

combined w/dining · w/o to deck · 2 way fireplace

RecreationLower6.07 × 5.89 m

wet bar · w/o to patio · fireplace

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 0.8 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Cliffcrest · asking prices
$2.50Mavg asking

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

Per square foot, these ask about $587/sqft; this home lists at $705/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
3.00MThis home2.35M2.44M2.70MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Cliffcrest: $883K in September 2026, down 16% from a year ago, on 73 closings in 9 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.03M11
November 2025$1.16M7
December 2025$933K5
April 2026$929K8
May 2026$936K8
June 2026$813K8
July 2026$990K6
August 2026$853K8
September 2026$883K12

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.

Nearby neighbourhoods

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

Bendale
$949K
Wexford-Maryvale
$849K
Woodbine-Lumsden
$949K
Rouge E11
$1.15M
Leaside
$2.15M

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 · 1.2 km awayBelow the GTA average · 68% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Bliss Carman Senior Public School · Public elementary0.3 km
H A Halbert Junior Public School · Public elementary0.6 km · 46% at standard
Mason Road Junior Public School · Public elementary1.0 km · 43% at standard
St Boniface Catholic School · Catholic elementary1.2 km · 68% at standard
Anson Park Public School · Public elementary1.3 km · 60% at standard
George P Mackie Junior Public School · Public elementary1.5 km · 81% at standard
Scarborough Village Public School · Public elementary1.6 km · 65% at standard
Elizabeth Simcoe Junior Public School · Public elementary1.8 km · 81% at standard
John McCrae Public School · Public elementary1.9 km · 54% at standard
Cedarbrook Public School · Public elementary1.9 km · 48% at standard
St John Henry Newman Catholic High School · Catholic secondary2.0 km · 63% at standard
Cedar Drive Junior Public School · Public elementary2.0 km · 53% at standard

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

Affordability & Mortgage

Affordability
$13,664/mo
$568KIncome needed
5.3×Price ÷ income
$3,153Weekly cost
$122,850Land 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.

91%mortgage
Mortgage $13,664Property tax $1,383Total carry $15,046

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.

4.49%
%
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)
$13,261per month

Mortgage amount $2,398,400 · 4.49% over 25 years

$599,600Down payment (20.0%)
$2,398,400Loan before insurance
$0CMHC premium
$14,644Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,261
Property tax
$1,383
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,644

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

One-time closing costs

Ontario land transfer tax
$61,425
Toronto municipal land transfer tax
$61,425
Estimated closing costs
$122,850

Plus your down payment of $599,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$16,051/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

$1,579,950Total interest paid
$3,978,350Total of all payments
Principal $2,398,400 Interest $1,579,950
YearPrincipalInterestBalance
1$53,522$105,612$2,344,878
2$55,952$103,182$2,288,926
3$58,493$100,641$2,230,433
4$61,148$97,986$2,169,285
5$63,925$95,209$2,105,360
6$66,827$92,307$2,038,533
7$69,862$89,272$1,968,671
8$73,033$86,100$1,895,638
9$76,350$82,784$1,819,288
10$79,816$79,318$1,739,472
11$83,440$75,694$1,656,032
12$87,229$71,905$1,568,803
13$91,189$67,945$1,477,614
14$95,329$63,805$1,382,285
15$99,658$59,476$1,282,627
16$104,183$54,951$1,178,444
17$108,913$50,221$1,069,531
18$113,858$45,276$955,673
19$119,028$40,106$836,646
20$124,432$34,702$712,214
21$130,082$29,052$582,132
22$135,988$23,146$446,144
23$142,162$16,972$303,982
24$148,617$10,517$155,365
25$155,365$3,769$0

At the end of your 5-year term

Total paid over the term
$795,670
Principal paid down
$293,040
Interest paid
$502,630
Balance remaining
$2,105,360

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
From 5 whole-home leases in Cliffcrest$5,905/mo
$70,860Gross annual rent
1.5%Cap rate after taxes and upkeep
$5,196 to $6,613Typical rent range
~20 daysTo find a tenant, on average

The suite is real income here: basements rent in Cliffcrest (26 of 93 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 numbers

The last 5 whole-home leases in Cliffcrest signed at a median of $4,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,905. 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.

2.4%
Gross yield
− Property tax $16,590− Insurance $1,400− Vacancy & upkeep $7,795Net operating income $45,075

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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