44 Ridge Hill Drive, Toronto C04

$2,999,000
44 Ridge Hill Drive

$2,999,000

New
3d
Detached2-Storey

44 Ridge Hill Drive, Toronto C04

Total Monthly Obligation $13,610

Beds
4
Baths
4
Park
3
Sqft
2000-2500
DOM
3d
Score
14
Yield
2.8%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.8%
Property Type-Detached
MLS® Number-C14101402
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-45 × 120 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$13,658.13 (2026)
Parking-4 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Not Applicable
Sewer-Sewer
Possession-60 Days/Tba
Neighbourhood-Forest Hill North
Title-Residential Freehold

No agent assigned

Welcome to 44 Ridge Hill Drive, nestled in Forest Hill's coveted Upper Village. Lovingly maintained and thoughtfully updated by the same family for the past 23 years, this wonderful residence offers gracious living spaces, exceptional natural light, and an inviting atmosphere throughout.The spacious main floor is perfectly suited to both everyday family living and entertaining, featuring a Cameo Kosher chef's eat-in kitchen with a large granite centre island, breakfast area, and built-in desk. The welcoming family room opens through elegant French doors to a beautiful rear garden, creating a seamless connection between indoor and outdoor living. A convenient two-piece powder room and stunning hardwood floors complete the main level.Upstairs, four well-proportioned bedrooms provide comfortable family accommodation, including a lovely principal suite with its own three-piece ensuite.The expansive lower level offers exceptional versatility, featuring a generous recreation room, separate office or nanny's bedroom, laundry room with a second kitchen, and an abundance of built-in storage.Beautiful Ridley windows fill the home with natural light, enhancing its warmth and timeless appeal.A cherished family home in one of Toronto's most desirable neighbourhoods, ready to welcome its next chapter.

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Closing Costs

Mortgage Amount
$2,399,200
Land Transfer Taxes$61,450
Legal Fees (Est.)
$
Total cash required for closing$662,750

Total Monthly Obligation

$13,610/mo
Mortgage $12,097
Monthly Loss $10,427
Principal$3,183
Interest$8,914
Property Tax$1,138
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
4.8%10
10-Year IRR
6.5%
Returns Index
6.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$83,268/yr
NOI
$56,783/yr
Net Cash Flow
-$7,365/mo
Cash Margin
-106.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo14
Risk Index
11.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 44 Ridge Hill Drive

Time

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