18 Heathcote Avenue, Toronto, ON
St. Andrew-Windfields, Toronto · MLS® C12121819
About this home
Location! Location! Location! York mills & Bayview area! Welcome home to Fabulous & Elegant Custom build Family residence nestled on Prized Heathcote Ave. This south facing with Exceptional 75 Frontage Lot Size home has everything you are looking for. Over 8000 Sqft Living Spaces (5750 Sqft per Original Floor Plan) with Walk out Basement. Enter the spacious grand foyer leading into open concept luxury living and formal dining area. Open concept family room with Breakfast Area, seamlessly flowing into kitchen with grand island with top line appliances, and Overlooking The Stunning & Private Backyard Oasis W/Deck. Discover large primary bedroom with generously sized ensuite bath & walk in closet offering ample space & comfort for your personal retreat. Four with Bedroom with 4pc ensuite perfect for Large family and guest. Fully finished basement offers additional entertainment space with recreation room, wet bar, nanny room, sauna, and wine cellar. The Backyard area has been meticulously landscaped with mature Tress creating a private and picturesque setting. Prestigious location close to all amenities, combines luxurious living with Toronto's natural beauty. Conveniently located near Bayview & York Mills, Granit Club, Post Rd, Edward Garden. Don't miss this opportunity to embrace an extraordinary lifestyle today!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C12121819
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 8 (2 half)
- Size
- 5,000 sq ft
- Lot
- 75.1 × 155.4 ft
- Cross streets
- Bayview/York Mills Rd.
- Parking
- 3 garage · 9 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $31,230 / 2024
- Days on market
- 440
- Listing brokerage
- RE/MAX ATRIUM HOME REALTY
Rooms
closet organizers · hardwood floor · 4 pc ensuite
family size kitchen · centre island · stainless steel appl
closet organizers · hardwood floor · 4 pc ensuite
open concept · b/i bookcase · hardwood floor
hardwood floor · his and hers closets · 6 pc ensuite
closet organizers · hardwood floor · 4 pc ensuite
w/o to garden · overlooks family · large window
hot tub · wet bar · walk-out
hardwood floor · separate room · halogen lighting
closet organizers · hardwood floor · 3 pc ensuite
hardwood floor · gas fireplace · formal rm
b/i bookcase · hardwood floor · w/o to garden
Listed at $5,980,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $6.61M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $4.80M
- Bathrooms +$15K
- Adjusts to $4.82M
That comparable adjusts to $4.82M; the $6.50M estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for York Mills Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Bayview Ave at Heathcote Ave is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $6.50M, median of 9 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Income potential
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 5% below the area average of $1,255/sqft.
439 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
St. Andrew-Windfields, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Bayview Ave at Heathcote Ave, about 180 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $4,784,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $25,529
- Property tax
- $2,603
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $28,132
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $135,975
- Toronto municipal land transfer tax
- $195,375
- Estimated closing costs
- $331,350
Plus your down payment of $1,196,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $1,531,752
- Principal paid down
- $609,244
- Interest paid
- $922,508
- Balance remaining
- $4,174,756
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ATRIUM HOME REALTY. MLS®/PropTx.