$4,949,000
For sale: Detached

Welcome to 42 Rykert Crescent, an exceptional opportunity in prestigious South Leaside, set on an extraordinarily rare 40 x 350+ ft. deep ravine lot a remarkable setting - offering privacy, mature trees and a true retreat in the city. This impressive 5-bedroom, 5-bathroom residence offers approximately 3,390 sq. ft. above grade plus 1,648 sq. ft. of finished lower-level space, thoughtfully designed for both everyday family living and large-scale entertaining. The heart of the home is the newly renovated, oversized chef's kitchen, featuring two large islands, granite countertops, an expansive pantry, top-of-the-line appliances and extensive custom cabinetry and built-ins. The generous principal rooms include an elegant dining room, spacious living room with fireplace and built-ins, breakfast area and private main-floor office. Upstairs, the expansive primary retreat features a walk-in closet and luxurious 6-piece ensuite, complemented by four additional bedrooms and beautifully renovated bathrooms. The newly finished lower level extends the living space with a large recreation room with fireplace and built-ins, a gym and additional bedroom. Outside, enjoy the incredible depth and privacy of this ravine property, along with a rare and exceptional offering for Leaside: a two-car garage and parking for up to six vehicles. Additional features include extensive custom built-ins, hardwood flooring, central air and a security system with cameras. A truly rare Leaside offering combining a spectacular ravine lot, substantial family home, extensive renovations and exceptional entertaining space - just minutes from everything that makes Leaside one of Toronto's most sought-after neighborhoods.
Sold data
Homes in Leaside took a median of 8 days to sell over the last 90 days, with the quickest quarter selling within 6 days and the slowest quarter taking more than 20, across 50 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 15 days.
The median sale price was $1,549,450.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 26% of sales closed above the list price.
Around 4% of sellers reduced their price before finding a buyer.
Based on 50 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Leaside) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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