7 Ridgewood Road

Forest Hill South, Toronto

7 Ridgewood Road, Forest Hill South, Toronto

$6,500,000


Bedrooms: 4

Bathrooms: 6

Living Area: 3,500 sqft

Price Per Sqft: $1,857.14


About this Detached

in Forest Hill South, Toronto

This expansive, four +2, bedroom home, sits on a rare and immense 61' x 252.5' ravine lot, minutes from the city's finest amenities. This Forest Hill home features interiors curated by Eric McLelland of Fleurs d'Lis Design. Defined by soaring 10-foot ceilings, the home showcases unique, high-end finishes, including Venetian Glass Panels, Mother of Pearl accents & silk upholstered walls to name a few. The expansive layout includes a versatile finished attic space and a spectacular finished basement with a nanny live-in unit, multiple walkouts to the ravine and expansive patio area with water feature, a large glassed in sunroom with in-floor heating, as well as an indoor gym, sauna & hot tub. Plus, a significant three level back extension maximizes this home's living space & is complemented by a 2021-installed elevator that services all levels but the attic/third level for ultimate convenience. 7 Ridgewood Road is an architectural statement in a highly sought-after Toronto location.

Listed by HARVEY KALLES REAL ESTATE LTD..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
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* This material is for informational purposes only.

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