1 Ridgecross Road, Toronto W08

Price: $4,950,000

5 bedrooms, 7 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W12557982

Allow your dreams to come true in this beautifully appointed and exquisitely maintained residence. Designed by renowned architect David Small, this home showcases the highest calibre of craftsmanship, detailing, and finishes throughout. Elegant formal rooms offer multiple spaces for gathering, entertaining, and hosting family and friends. The main level features a warm and inviting family room, a refined library, a gourmet chef's kitchen for the culinary connoisseur, and an elegant dining room ideal for intimate dinners or grand celebrations. The second level presents a luxurious owner's suite along with three additional junior suites, each thoughtfully designed for comfort and privacy. The lower level extends the home's entertaining potential with a spacious recreation room, a temperature-controlled wine cellar, a wet bar, nanny's quarters, and a walk-out to the rear gardens and pool. Step outside to your private terrace overlooking the pool and lush, mature gardens - a setting perfect for alfresco dining, relaxation, and enjoying your own personal Shangri-La under the moon and stars. Serene, professionally landscaped grounds offer quiet seclusion among a canopy of majestic trees. Ideally situated just a short stroll from the private St. George's Golf & Country Club, and moments from boutique shops, bakeries, restaurants, some of the country's finest schools, and Toronto Pearson International Airport. A world of magnificence awaits. Select photos have been digitally staged.

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$4,950,000 - 1 Ridgecross Road, Etobicoke

Detached for Sale in Etobicoke

141 days on market
5Beds
7Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W12557982
Property Type
Detached
Status
active
Days on Site
141
Bedrooms
5
Bathrooms
7
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Listing Brokerage
HAMMOND INTERNATIONAL PROPERTIES LIMITED
Description

Allow your dreams to come true in this beautifully appointed and exquisitely maintained residence. Designed by renowned architect David Small, this home showcases the highest calibre of craftsmanship, detailing, and finishes throughout. Elegant formal rooms offer multiple spaces for gathering, entertaining, and hosting family and friends. The main level features a warm and inviting family room, a refined library, a gourmet chef's kitchen for the culinary connoisseur, and an elegant dining room ideal for intimate dinners or grand celebrations. The second level presents a luxurious owner's suite along with three additional junior suites, each thoughtfully designed for comfort and privacy. The lower level extends the home's entertaining potential with a spacious recreation room, a temperature-controlled wine cellar, a wet bar, nanny's quarters, and a walk-out to the rear gardens and pool. Step outside to your private terrace overlooking the pool and lush, mature gardens - a setting perfect for alfresco dining, relaxation, and enjoying your own personal Shangri-La under the moon and stars. Serene, professionally landscaped grounds offer quiet seclusion among a canopy of majestic trees. Ideally situated just a short stroll from the private St. George's Golf & Country Club, and moments from boutique shops, bakeries, restaurants, some of the country's finest schools, and Toronto Pearson International Airport. A world of magnificence awaits. Select photos have been digitally staged.

Mortgage Calculator

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Estimated Payment

$21,895.52/mo

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5-yr fixed avg.

Principal: $3,960,000Interest: $2,608,656
Mortgage Amount$3,960,000
Total Interest$2,608,656
Est. Property Tax$3,506/mo
Total Cost$6,568,656

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Etobicoke (Islington / Rexdale)

Discover Etobicoke (Islington / Rexdale)

Etobicoke (Islington / Rexdale) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Etobicoke (Islington / Rexdale)

  • Convenient location in Etobicoke (Islington / Rexdale)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Etobicoke (Islington / Rexdale) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Ridgecross Road, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
-0.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$3,506
Insurance (est.)-$1,031
Net Cash Flow-$87

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1414/sqft, this property is priced above the Etobicoke average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 141 days on site, this property has exceeded the typical selling timeline for Etobicoke. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Etobicoke are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Etobicoke.

Bathroom Count Matters

With 7 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    1 Ridgecross Road | $4,950,000 | Battaglia Team