MLS® listing
485 Ridelle Avenue: detached house for sale
$2,399,900
From the listing brokerage
Experience Contemporary Luxury At Its Finest In This Stunning Modern Residence, Where Sophisticated Architecture, Craftsmanship, And Elegant Finishes Come Together To Create A Truly Remarkable Home. Step Inside To Discover Bright, Open-Concept Living Spaces Featuring Expansive Windows, Sleek Hardwood Flooring, Statement Lighting, And Exquisite Architectural Details Throughout. The Spectacular Living Area Showcases A Custom Feature Wall With Dramatic Stone Finishes, A Linear Fireplace, And Built-In Display Shelving. Spacious Living And Dining Areas Flow Effortlessly Into An Inviting Family Room, Perfect For Everyday Comfort And Upscale Entertaining. Retreat To Beautifully Appointed Bedrooms, Including A Luxurious Primary Suite Featuring Custom Wall Detailing, Elegant Lighting, Built-In Cabinetry, And A Dedicated Vanity Area. The Beautifully Finished Lower Level Offers Exceptional Versatility With Additional Living Space And A Contemporary Kitchen Featuring Sleek Cabinetry And Center Island Ideal For Extended Family Or Guests. Step Outside Into Your Own Private Backyard Oasis, Designed For Resort-Style Living And Unforgettable Entertaining. Enjoy A Beautiful In-Ground Swimming Pool, An Expansive Elevated Deck With Contemporary Glass Railings, And A Stylish Covered Outdoor Pavilion Featuring Rich Wood Finishes, A BBQ Station Area With Stone Counters. The Fully Fenced Backyard Offers The Perfect Setting For Summer Gatherings, Outdoor Dining, And Relaxation. **Some Photos Have Been Virtually Staged**
Facts on the listing
| Square feet | 3000-3500 |
|---|---|
| Style | 2-Storey |
| Basement | Finished, Walk-Up |
| Lot width | 37.5 |
| Lot depth | 120 |
| Lot measured in | Feet |
| Faces | South |
| Parking spaces | 3 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 2 |
| Property tax | $12,925 |
| Tax year | 2025 |
| Interior features | Carpet Free |
Listing courtesy of UNION CAPITAL REALTY. MLS® W14152064.
About this detached house
485 Ridelle Avenue is a 6 bedroom detached house in TRREB's Briar Hill-Belgravia community in Toronto, listed for sale at $2,399,900. The listing shows 6 bathrooms and 3000-3500 square feet. The style is given as 2-storey. The lot is listed as 37.5 by 120 feet. The listing gives the basement as finished, walk-up. It comes with 3 parking spaces and an attached garage according to the listing. The nearest main intersection given is Eglinton / Dufferin.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 485 Ridelle Avenue
At the asking price of $2,399,900, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $2,399,900 |
|---|---|
| Ontario land transfer tax | $46,473 |
| Toronto municipal land transfer tax | $46,473 |
| Both taxes | $92,946 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $479,980 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $12,925 a year, about $1,077 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $2,399,900, which is $1,229,900 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 37.5 by 120 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 2 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 485 Ridelle Avenue
How much is land transfer tax on 485 Ridelle Avenue?
At the asking price of $2,399,900 the Ontario tax is $46,473 and the Toronto tax is $46,473, $92,946 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 485 Ridelle Avenue?
$479,980 at the asking price of $2,399,900, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 485 Ridelle Avenue?
The listing shows $12,925 a year for 2025, about $1,077 a month.
Is 485 Ridelle Avenue priced above or below the median?
It is listed at $2,399,900. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $1,229,900 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 485 Ridelle Avenue?
Use the form on this page or call us. Quote MLS® W14152064. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 485 Ridelle Avenue still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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