$2,998,000 - 55 Pine Ridge Drive, Scarborough
Detached for Sale in Scarborough
Neighbourhood: Cliffcrest
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- MLS Number
- E13759734
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Scarborough Town Centre
- Taxes (2026)
- $16,590
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Welcome to 55 Pine Ridge Drive, a custom Cliffcrest residence set on a private, tree-lined ravine lot near the Scarborough Bluffs. Rebuilt approximately 15 years ago on the original 1954 foundation, this bright and generously scaled home was designed for both everyday living and entertaining, with a dramatic two-storey great room, Brazilian cherry hardwood floors, porcelain tile, multiple fireplaces, refined millwork, and an elevator serving all levels. The gourmet kitchen is finished with Nero Assoluto granite countertops and equipped with 2 Miele dishwashers, 2 sinks, instant hot and filtered water, a raised island bar, hidden buffet table, side-by-side KitchenAid fridge and freezer, bar fridge, Electrolux built-in microwave and 2 electric ovens, Miele steam oven, 5 induction burners, and a gas wok burner. The family, living, dining, and breakfast areas connect seamlessly to the outdoor spaces, creating an exceptional main floor layout for both large gatherings and daily family life. The upper level includes a spacious primary suite with terrace access, a dressing room, walk-in closets, and a 5-piece ensuite. A second ensuite bedroom, additional bedroom space on the main level, and a lower level bedroom with an adjacent bath provide flexibility for family, guests, or multigenerational living. The lower level adds a recreation room, gym, steam room, hot tub, wetbar, and walk-out access. Outside, the landscaped grounds include a circular driveway, built-in 2-car garage, terraces, pond, pool house, and a gas-heated saltwater pool in a private garden setting. Located in an established Cliffcrest neighbourhood, the home is close to Bluffer's Park, local parks and recreation, shopping and dining along Kingston Road, well-regarded schools, and transit connections including Eglinton GO, Scarborough GO, and Kennedy Station.
Estimate your monthly payments for this property
Estimated Payment
$13,261.17/mo
5-yr fixed avg.
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.
Discover Cliffcrest
Cliffcrest 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 Cliffcrest
- •Convenient location in Scarborough Town Centre
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Cliffcrest 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.
55 Pine Ridge Drive, Scarborough Town Centre
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $857/sqft, this property is priced in line with current Scarborough market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Scarborough 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 Scarborough.
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.