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Price Change$1,288,888

15 Skyridge Road

Morningside, Toronto

$1,179,000

Detached|Backsplit 5
4 | 3 | 4
About this home

Welcome to an exceptional opportunity to own a beautifully maintained 5-level backsplit in the highly desirable and ultra-high-demand 7 Oaks neighbourhood. This impressive 4-bedroom, 3-bathroom home offers the space, privacy, versatility, and location today's buyers are looking for. From the moment you arrive, you'll appreciate the home's inviting curb appeal, attached double-car garage and double-wide driveway. Step outside and discover what truly sets this property apart: an elevated deck overlooking a private, tree-enclosed, fully fenced backyard backing onto a peaceful ravine and Brooks Rd Park. Multiple walkouts lead to two private, secluded patio spaces, creating an exceptional indoor-outdoor lifestyle that's equally suited to quiet mornings, family gatherings, or entertaining guests. Inside, the home's generous multi-level layout offers remarkable flexibility for growing families, single buyers, multi-generational living, or savvy investors. With four spacious bedrooms and three bathrooms, there is room to live, work, relax and grow. For investors, the possibilities are particularly compelling-the home's size and layout offer the potential to explore a multi-unit conversion strategy designed to maximize rental income and cash flow, while potentially allowing an owner to live in the property as well. And then there's the location. Enjoy exceptional convenience with both public and Catholic elementary schools nearby, while U of T Scarborough, Centennial College, Pan Am Sports Centre, SHN Rouge Valley Hospital, TTC access and Highway 401 are all just minutes away. This isn't simply a house-it's an opportunity to secure space, privacy, lifestyle and investment potential in one of the area's most sought-after neighbourhoods. Properties offering this combination of size, ravine setting, versatility and location rarely come along. Don't miss your chance to make this one yours.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 5
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$5,512
Lot Size60 ft x 116 ft
mls© NumberE13709988
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,035
Property tax
$459
Heat allowance
$150
Housing costs
$6,644 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $235,800
25-yr amortization

Income needed

$204,000

gross annual household income

Payment at 4%
$4,961 / mo
Cash down
$235,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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