8 Circle Ridge, Toronto, ON
Maple Leaf, Toronto · MLS® W13528012
About this home
**A Rare Ravine Estate Offering Unparalleled Privacy and Timeless Luxury** Set on one of the area's most extraordinary ravine lots, this exceptional residence offers an unparalleled blend of luxury, privacy, and natural beauty. Backing onto North Park Ravine, the spectacular pie-shaped property expands from 61 feet at the front to approximately 220 feet at the rear and stretches an impressive 254 feet deep, creating a breathtaking setting rarely found in the city. Designed for refined living and effortless entertaining, the home offers four generously proportioned bedrooms, including a main-floor suite with a private ensuite-ideal for guests, extended family, or multigenerational living. Three of the four bedrooms feature beautifully appointed ensuite bathrooms, providing comfort and privacy throughout. At the heart of the home is a professionally designed chef's kitchen featuring premium stainless-steel appliances, including a 48-inch Wolf gas range with griddle, a full-width commercial hood, Jenn Air refrigerator, Bosch dishwasher, an impressive 10-foot center island, and a spacious walk-in pantry. Whether hosting intimate dinners or large gatherings, this space delivers exceptional style and functionality. The open-concept living areas flow seamlessly to a spectacular walkout deck overlooking the ravine-an extraordinary outdoor retreat where peaceful views, mature trees, and the sounds of nature create an atmosphere unlike anything else. Every season offers a new backdrop, bringing the serenity of cottage living to your everyday lifestyle. With exceptional craftsmanship, thoughtful design, and an irreplaceable ravine setting, this is a rare opportunity to own one of the area's most remarkable properties-where luxury, nature, and everyday living come together in perfect harmony.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13528012
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500
- Lot
- 61.17 × 254.7 ft
- Cross streets
- North Park Rd & Lawrence Ave
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Available, Private
- Basement
- Finished with Walk-Out, Finished
- Heating
- Forced Air
- A/C
- Central Air, Wall Unit(s)
- Exterior
- Brick
- Foundation
- Block, Concrete
- Roof
- Asphalt Shingle, Shingles
- Sewer
- Sewer
- Property tax
- $8,717 / 2025
- Days on market
- 11
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
large window · large closet · 3 pc ensuite
Wood
tile floor · heated floor · 3 pc bath
modern kitchen · stainless steel appl · quartz counter
electric fireplace · hardwood floor
walk-out · updated · fireplace
above grade window · vinyl floor
tile floor · murphy bed
overlooks ravine · 3 pc ensuite · walk-in closet(s)
closet · 2 pc bath
3 pc bath · walk-in closet(s) · overlooks ravine
w/o to sundeck · hardwood floor · overlooks ravine
above grade window · tile floor
Listed at $1,599,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Maple Leaf, so I widened the search to the surrounding area.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.91M, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $2.72M
- Adjusts to $2.72M
That comparable adjusts to $2.72M; the $2.21M estimate above is the median of all 9 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 Malvern Collegiate Institute, 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, this is a very walkable address with everyday errands close by. Kingston Rd at Lee Ave is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.21M, median of 9 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 9% below the area average of $785/sqft.
10 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Maple Leaf, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 Lee Ave, about 222 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,279,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,826
- Property tax
- $726
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,553
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,455
- Toronto municipal land transfer tax
- $28,455
- Estimated closing costs
- $56,910
Plus your down payment of $319,800. 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
- $409,577
- Principal paid down
- $162,906
- Interest paid
- $246,671
- Balance remaining
- $1,116,294
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
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 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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.