26 Forest Ridge Drive, Toronto C04

Price: $3,495,000

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: C12951222

Welcome to 26 Forest Ridge Drive, a cherished family home located on one of Forest Hill North's most desirable and tightly held streets. Set on a 50 x 121 ft lot, this 5-bedroom, 5-bathroom residence has been lovingly cared for by the same family for over 25 years-and now it's ready for the next chapter.Expanded through a thoughtful three-story addition in 1999, this home offers incredible space and flexibility across the basement, main, and second levels. Designed with family in mind, it features a warm and functional layout with a sunlit kitchen, spacious living and dining areas, and five generously sized bedrooms all located on the upper level.The primary bedroom is a true retreat-exceptionally spacious and filled with natural light, it features a private balcony overlooking the backyard and pool, offering a serene space to unwind. A standout feature is the expansive, fully customized walk-in closet-large enough to function as a dressing room-with thoughtfully designed storage and organization. The five-piece ensuite bath includes a soaking tub, separate shower, and double vanity, providing comfort and convenience in a refined setting.In addition to the Primary ensuite, the second floor also offers two additional bathrooms to comfortably accommodate the rest of the household.The backyard is where memories are made-complete with a beautiful inground pool and a large patio, perfect for summer barbecues, birthday parties, or quiet evenings by the water.While the home reflects the character of its time, it presents a rare opportunity to update and reimagine the space to suit your family's modern lifestyle-all in a coveted neighborhood known for its top-ranked schools and family-friendly atmosphere.A home filled with love, laughter, and potential-26 Forest Ridge Drive is ready to welcome its next generation.

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$3,495,000 - 26 Forest Ridge Drive, Lawrence Park

Detached for Sale in Lawrence Park

75 days on market
5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
C12951222
Property Type
Detached
Status
active
Days on Site
75
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Lawrence Park / Bedford Park
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

Welcome to 26 Forest Ridge Drive, a cherished family home located on one of Forest Hill North's most desirable and tightly held streets. Set on a 50 x 121 ft lot, this 5-bedroom, 5-bathroom residence has been lovingly cared for by the same family for over 25 years-and now it's ready for the next chapter.Expanded through a thoughtful three-story addition in 1999, this home offers incredible space and flexibility across the basement, main, and second levels. Designed with family in mind, it features a warm and functional layout with a sunlit kitchen, spacious living and dining areas, and five generously sized bedrooms all located on the upper level.The primary bedroom is a true retreat-exceptionally spacious and filled with natural light, it features a private balcony overlooking the backyard and pool, offering a serene space to unwind. A standout feature is the expansive, fully customized walk-in closet-large enough to function as a dressing room-with thoughtfully designed storage and organization. The five-piece ensuite bath includes a soaking tub, separate shower, and double vanity, providing comfort and convenience in a refined setting.In addition to the Primary ensuite, the second floor also offers two additional bathrooms to comfortably accommodate the rest of the household.The backyard is where memories are made-complete with a beautiful inground pool and a large patio, perfect for summer barbecues, birthday parties, or quiet evenings by the water.While the home reflects the character of its time, it presents a rare opportunity to update and reimagine the space to suit your family's modern lifestyle-all in a coveted neighborhood known for its top-ranked schools and family-friendly atmosphere.A home filled with love, laughter, and potential-26 Forest Ridge Drive is ready to welcome its next generation.

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Estimated Payment

$15,459.56/mo

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5-yr fixed avg.

Principal: $2,796,000Interest: $1,841,869
Mortgage Amount$2,796,000
Total Interest$1,841,869
Est. Property Tax$2,476/mo
Total Cost$4,637,869

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: Lawrence Park / Bedford Park

Discover Lawrence Park / Bedford Park

Lawrence Park / Bedford Park 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 Lawrence Park / Bedford Park

  • Convenient location in Lawrence Park / Bedford Park
  • 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

Lawrence Park / Bedford Park 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

26 Forest Ridge Drive, Lawrence Park / Bedford Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$2,476
Insurance (est.)-$728
Net Cash Flow+$996

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 $1165/sqft, this property is priced above the Lawrence Park 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 75 days on site, this property has exceeded the typical selling timeline for Lawrence Park. 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 Lawrence Park 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 3,000 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 Lawrence Park.

Bathroom Count Matters

With 5 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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    26 Forest Ridge Drive, Lawren… — $3,495,000 | Battaglia Team