43 Ridgemoor Avenue
43 Ridgemoor Avenue
$939,999
1 days on market
About This Listing
Exceptional detached multi-unit investment property on a premium corner lot in one of Scarborough's most desirable neighbourhoods along the evolving Kingston Road corridor. Owner and tenant occupied, this versatile property offers immediate income potential, flexible living arrangements, and strong long-term upside for investors or end-users.Ideally located within walking distance to Lake Ontario and minutes from the Scarborough Bluffs, parks, trails, schools, transit, shopping, and restaurants. The main residence features a spacious 3-bedroom layout, bright enclosed front porch, and versatile attic loft with skylight. The lower level includes two self-contained basement units, each with separate entrances, providing excellent rental income opportunities.Additional features include four separate entrances, an energy-efficient heat pump with natural gas backup furnace, hardwood and ceramic flooring, granite countertops, two fireplaces, and a full appliance package. The fully fenced and landscaped yard includes mature trees, gardens, fruit trees, an attached garage, and two additional parking spaces.A rare opportunity to own a versatile income-producing property in a high-demand Scarborough location with strong growth potential.
| Monthly Mortgage (P&I) | $4,095 |
| Property Tax (MLS) | $415 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $4,511 |
Down payment: $188,000 (20.0%) · Mortgage: $751,999
Property tax uses MLS annual tax of $4,985/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by EXP REALTY
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Data last updated: August 22, 2026 at 06:26 p.m.