77 Citation Drive, Toronto, ON
Bayview Village, Toronto · MLS® C12753320
About this home
Welcome to this architecturally crafted masterpiece a custom-built estate that harmoniously fuses transitional elegance with modern sophistication. From the moment you arrive, the timeless limestone facade and simulated slate roof set an unmistakable tone of grandeur and distinction.Step inside to discover an interior rich with bespoke finishes and exquisite craftsmanship: exotic wood accents, an Art Decoinspired staircase crowned by a dramatic skylight, and soaring 11ft Main,10Ft Second Floor,11.5Ft Basement ceilings throughout. The gourmet kitchen features refined fluted cabinetry, a walk-through pantry and servery, and top-of-the-line Sub-Zero and Wolf appliances, all complemented by a sleek, integrated wine display.This residence offers an array of indulgent amenities including four elegant fireplaces, dual-zone climate control, a state-of-the-art home theatre, and a lavish primary suite complete with a custom wall-panel headboard and an opulent 8-piece ensuite featuring a steam shower, water jets, heated floors, and more.Enjoy the convenience and comfort of full home automation, including electric blinds, advanced lighting, integrated audio, and a snow-melting system for the driveway and porch. The walk-out lower level is a sanctuary unto itself with a glass-enclosed wine cellar, wet bar, private gym, sauna, steam room, nanny suite with ensuite, and heated flooring throughout.Finished with premium materials such as imported marble, porcelain, and hardwood, this home is as refined as it is functional. Two expansive balconies, beautiful landscaping, and proximity to Bayview Village, the 401, TTC subway, top-rated schools, and lush parks make this a truly rare offering.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C12753320
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 7 (2 half)
- Size
- 5,000 sq ft
- Lot
- 60 × 231 ft
- Cross streets
- Bayview/Citation
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $26,000 / 2025
- Days on market
- 164
- Listing brokerage
- HOME LAND PLUS REALTY LTD.
Rooms
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · 7 pc ensuite · walk-in closet(s)
hardwood floor · combined w/dining · gas fireplace
hardwood floor · b/i appliances · overlooks backyard
hardwood floor · bay window · picture window
porcelain floor · gas fireplace · heated floor
hardwood floor · wood trim · panelled
hardwood floor · moulded ceiling · built-in speakers
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · combined w/living · built-in speakers
built-in speakers · mirrored walls · glass doors
hardwood floor · 4 pc ensuite · walk-in closet(s)
Listed at $4,800,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.85M, 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 $4.50M
- Bathrooms −$15K
- Adjusts to $4.49M
That comparable adjusts to $4.49M; the $4.49M estimate above is the median of all 5 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 Earl Haig Secondary School, 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 Citation Dr North Side is about a 8-minute walk away.
Total price vs nearby homes. Fair value about $4.49M, median of 5 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Heated floors: comfort and a premium-finish signal.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 1% below the area average of $974/sqft.
163 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bayview Village, 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 Citation Dr North Side, about 657 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 $3,840,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $20,492
- Property tax
- $2,167
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $22,658
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $106,475
- Toronto municipal land transfer tax
- $132,475
- Estimated closing costs
- $238,950
Plus your down payment of $960,000. 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
- $1,229,500
- Principal paid down
- $489,025
- Interest paid
- $740,475
- Balance remaining
- $3,350,975
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 HOME LAND PLUS REALTY LTD.. MLS®/PropTx.