58 Timberlane Drive, Toronto, ON

Lansing-Westgate, Toronto · MLS® C13019908

$7,995,000
For Sale
Listed 89 days ago
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8Bedrooms
10Bathrooms
4Garage · 10 parking
5,000Sq Ft

About this home

West Coast Inspired - Architecturally Significant Custom Residence. Designer Palette And Nestled At Cul-De-Sacs End. In Perfect Harmony Of Sleek Design And Timeless Modern Elegance. Picturesque Natural Treed Setting Overlooking Private Ravine Views. This Home Boasts An Open-Concept Floor Plan, Soaring Ceilings, Floor-To-Ceiling Windows And Cascading Natural Light. Designed For Both Luxury, Functionality & Family Entertainment Being Amenity Rich With An Exciting Interior Slide From Main Floor To Lower Level (Not Just For Kids). The Main Living Area Is An Entertainers Dream, Featuring A Sophisticated Living Room With A Sleek Wood-Burning Fireplace And A Chefs Kitchen Outfitted With Top-Of-The-Line Appliances, Refined Finishes And Eating Area. The Spacious Dining Area Is Equally Impressive, Providing The Perfect Setting For Hosting. The Primary Suite Is A Serene Retreat, Offering Floor-To-Ceiling Windows, A Walkout To The Deck, A Spa-Like Ensuite, And A Large Walk-In Closet. Additional Bedrooms Are Generously Sized, Each Featuring Walk-In Closets And Beautifully Designed Private Ensuites Washrooms. The Expansive Lower Level Provides Exceptional Versatility, Complete With A Large Recreation Room That Opens To The Backyard And Overlooks A Scenic Ravine, Making It An Ideal Space For Both Relaxation And Entertaining. Step Outside To Discover A Serene Backyard Oasis, Backing Onto A Lush Ravine That Offers Both Privacy And Breathtaking Natural Views. This Home Seamlessly Blends Indoor And Outdoor Living. This Rare Modern Retreat Is Situated Within Exclusive Neighbourhood With Convenient Access To Top-Tier Amenities, Renowned Park, Public And Private Schools, Shops And Dining.

Key facts

Property type
Detached, 2-Storey
MLS®
C13019908
Bedrooms
8 (6 + 2)
Bathrooms
10 (1 half)
Size
5,000 sq ft
Lot
76 × 365.23 ft
Cross streets
York Downs Dr. / Bathurst
Parking
4 garage · 10 parking (built-in)
Driveway
Private
Basement
Finished, Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$32,629 / 2025
Days on market
89
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Bedroom 2Second3.96 × 3.35 m

large window · 3 pc ensuite · walk-in closet(s)

Primary BedroomMain4.87 × 4.57 m

5 pc ensuite · walk-in closet(s) · overlooks ravine

KitchenMain6.70 × 4.57 m

overlooks ravine · breakfast area · centre island

Bedroom 3Second3.96 × 4.26 m

walk-in closet(s) · hardwood floor · 3 pc ensuite

Dining RoomMain7.92 × 5.79 m

heated floor · window floor to ceiling · porcelain floor

StudyMain4.87 × 3.96 m

walk-out · b/i shelves · porcelain floor

Great RoomMain6.70 × 6.40 m

fireplace · w/o to deck · window floor to ceiling

RecreationLower10.67 × 9.75 m

walk-out · casement windows · heated floor

Bedroom 5Second4.87 × 4.26 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

Bedroom 4Second3.96 × 3.96 m

3 pc ensuite · walk-in closet(s) · large window

Listing history

  1. Mar 18, 2026Listed$19,900

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On schools, this address is zoned for Summit Heights Public 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. Bathurst St at York Downs Dr is about a 8-minute walk away.

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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Worth verifying
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Lansing-Westgate · asking prices
$10.00Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

180 Sandringham Drive$10.00M

The 1 closest active listing nearby.

See all comparable homes
8.00MThis home10.00MThis home vs active comparables
Live market pulseActive comparables in Lansing-Westgate · median list $2.40M
$1,599this home / sqft
46active listings nearby
89days on market

88 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Lansing-Westgate, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

60/ 100

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: Bathurst St at York Downs Dr, about 623 m away

20+ transit stops3 grocery20+ dining17 parks11 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.13M
Newtonbrook West
$1.75M
Downsview-Roding-CFB
$1.06M
High Park-Swansea
$2.30M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Summit Heights Public School
85%
Summit Heights Public SchoolPublic · Elementary · 0.8 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$36,439/mo
$1472KIncome needed
5.4×Price ÷ income
$8,409Weekly cost
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $36,439Property tax $2,719Total carry $39,158

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$34,131per month

Mortgage amount $6,396,000 · 4.14% over 25 years

$1,599,000Down payment (20.0%)
$6,396,000Loan before insurance
$0CMHC premium
$36,851Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$34,131
Property tax
$2,719
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$36,851

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$186,350
Toronto municipal land transfer tax
$306,200
Estimated closing costs
$492,550

Plus your down payment of $1,599,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$41,456/monthPayment at the qualifying rate

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

$3,843,429Total interest paid
$10,239,429Total of all payments
Principal $6,396,000 Interest $3,843,429
YearPrincipalInterestBalance
1$149,836$259,741$6,246,164
2$156,104$253,474$6,090,060
3$162,633$246,944$5,927,427
4$169,436$240,141$5,757,991
5$176,523$233,054$5,581,468
6$183,907$225,670$5,397,561
7$191,599$217,978$5,205,962
8$199,614$209,963$5,006,348
9$207,963$201,614$4,798,385
10$216,662$192,915$4,581,723
11$225,725$183,852$4,355,998
12$235,166$174,411$4,120,832
13$245,003$164,574$3,875,828
14$255,251$154,326$3,620,577
15$265,928$143,649$3,354,649
16$277,051$132,526$3,077,598
17$288,640$120,937$2,788,958
18$300,713$108,864$2,488,245
19$313,292$96,285$2,174,953
20$326,396$83,181$1,848,557
21$340,049$69,528$1,508,508
22$354,273$55,305$1,154,235
23$369,091$40,486$785,144
24$384,530$25,047$400,614
25$400,614$8,963$0

At the end of your 5-year term

Total paid over the term
$2,047,886
Principal paid down
$814,532
Interest paid
$1,233,354
Balance remaining
$5,581,468

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.

Let's connect

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

Rental yield
Estimate$10,500/mo
$126,000Gross annual rent
1.0%Est. cap rate

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 numbers

Estimates 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.

1.6%
Gross yield
− Property tax $32,629− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $78,111

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.

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