1 Ledge Road, Toronto, ON
Cliffcrest, Toronto · MLS® E13773228
About this home
In short
- A truly unique opportunity for a scenic Lake View Home with a detached studio on a 1.5 acre lot in The Scarborough Bluffs.
- The lot extends to a second frontage of 105 feet on exclusive Meadowcliffe Drive which offers the potential to sever and sell, to build, or to enjoy the entire...
- The primary bedroom has a 4-piece ensuite bathroom and all three bedrooms have walk-outs.
- A solid oak staircase leads to the sun-filled upper level with its open-concept living, dining and kitchen plus a home office, 2-piece bathroom and laundry.
- Fully insulated, the studio has gallery lighting, hardwood flooring, electric heat, a wood-burning stove, a loft and double barn doors for easy access.
A truly unique opportunity for a scenic Lake View Home with a detached studio on a 1.5 acre lot in The Scarborough Bluffs. The lot extends to a second frontage of 105 feet on exclusive Meadowcliffe Drive which offers the potential to sever and sell, to build, or to enjoy the entire natural parcel and its privacy. Set on a secluded hillside in the Cliffcrest neighborhood, this former Sea Captain's home delivers the feel of cottage life in the city. From its Meadowcliffe frontage of 105 feet, the property is 396 feet deep and widens to 206 feet. With its private location at the end of Ledge Road, this 2 storey home has an inverted floor plan designed to take advantage of its lofty perch and expansive lake views. The ground level features the entrance foyer, full bathroom, three bedrooms, storage and utility room. The primary bedroom has a 4-piece ensuite bathroom and all three bedrooms have walk-outs. A solid oak staircase leads to the sun-filled upper level with its open-concept living, dining and kitchen plus a home office, 2-piece bathroom and laundry. This upper floor steps out to a generous wrap-around deck with south, east, and west exposures. The gas furnace, air conditioner and Generac generator were new in 2022.The property also includes a detached multi-purpose studio built to maximize natural light through large windows and skylights. Fully insulated, the studio has gallery lighting, hardwood flooring, electric heat, a wood-burning stove, a loft and double barn doors for easy access. An inspiring space for creativity. Must be seen to truly appreciate this gem which is offered for the first time in 40 years. * Open House Sunday October 18th 2:00 - 4:00pm. *
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13773228
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 105.83 × 396 ft
- Cross streets
- Kingston Road / Pine Ridge Drive
- Parking
- 2 garage · 6 parking (carport)
- Driveway
- Private
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Cedar
- Foundation
- Slab
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $8,256 / 2026
- Days on market
- 38
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
W/O To Deck
Walk-Out
walk-out · double closet
walk-out · double closet · 4 pc ensuite
W/O To Deck
Walk-Out
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 readThe 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.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $664/sqft; this home lists at $1,239/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Cliffcrest, Toronto, ON
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Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,230,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,332
- Property tax
- $688
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,020
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $56,175
- Toronto municipal land transfer tax
- $56,175
- Estimated closing costs
- $112,350
Plus your down payment of $557,600. 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
- $739,936
- Principal paid down
- $272,514
- Interest paid
- $467,422
- Balance remaining
- $1,957,886
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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.