26 Citation Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13091290

$3,780,000
For Sale
Listed 76 days ago
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6Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq Ft
7 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Welcome to this magnificent custom-built luxury home in the heart of prestigious Bayview Village. Over 6000 sqft (including L/L) of luxury living, Elegant Design with Countless Lavish Finishes, including opening to upper level w/Enormous Multi Level skylight overhead in Centre Hall, hardwood flooring w/inlays on main and upper levels, Floor-To-Ceiling Wall Panels, Built- Ins/Niches/Rope Lighting, Dazzling European-Style Kitchen design with top of-the-line Appliances (Miele), 7 Opulent Bathrooms, spacious Deck, stunning recreation room and Theatre room in the basement...Top school ranking District (Earl Haig School) and steps to the subway, Bayview Village mall,Shopping, restaurants, highways 401/404 and more

Key facts

Property type
Detached, 2-Storey
MLS®
C13091290
Bedrooms
6 (5 + 1)
Bathrooms
7 (2 half)
Size
3500-5000
Lot
60 × 125 ft
Cross streets
Bayview and Sheppard
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$20,632 / 2025
Days on market
76
Listing brokerage
IQI GLOBAL REAL ESTATE

Rooms

KitchenMain6.25 × 5.11 m

hardwood floor · backsplash · breakfast area

Family RoomMain6.10 × 5.19 m

hardwood floor · fireplace · w/o to deck

Primary BedroomUpper6.71 × 4.27 m

hardwood floor · fireplace · walk-in closet(s)

Dining RoomMain4.58 × 3.81 m

hardwood floor · crown moulding · panelled

Living RoomMain5.03 × 4.58 m

hardwood floor · fireplace · panelled

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3.28Mest. value

Listed at $3,780,000, this home is about 15% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($889/sqft) is below the area, so you are paying for extra space rather than a premium.

In Bayview Village lately, sellers have been getting about 95% of asking and homes sell in about 42 days.

Based on 95 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 95 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.44M, 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, sold for $2.45M
  • Bathrooms +$15K
  • Adjusts to $2.46M

That comparable adjusts to $2.46M; the $3.28M estimate above is the median of all 95 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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. Citation Drive is about a 3-minute walk away.

List price
$2.88MGreat deal$3.78MOverpriced

Total price vs nearby homes. Fair value about $3.28M, median of 95 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.

  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$3.87Mavg asking

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

156 Burbank Drive$3.58M10 Bayberry Crescent$3.00M20 Arrowstook Road$3.19M3 Sutcliffe Drive$5.00M49 Ravenscroft Circle$4.60M

The 5 closest of 8 active listings nearby.

See all comparable homes
3.78MThis home3.58M3.00M3.19M5.00M4.60MThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $3.98M
$889this home / sqft
13active listings nearby
76days on market
84sold nearby · 90 days
$2.37Mmedian sold price
95%of asking, on average

This home lists 9% below the area average of $977/sqft.

75 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

Bayview Village, 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

50/ 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: Citation Drive, about 239 m away

20+ transit stops2 grocery20+ dining20+ parks8 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.

Willowdale East
$1.99M
Newtonbrook East
$1.70M
Bedford Park-Nortown
$3.76M
East York
$925K
Birchcliffe-Cliffside
$1.53M

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 Elkhorn Public School
85%
Elkhorn Public SchoolPublic · Elementary · 0.7 km awayHigher-rated than most nearby · 85% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$17,228/mo
$714KIncome needed
5.3×Price ÷ income
$3,976Weekly 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.

91%mortgage
Mortgage $17,228Property tax $1,719Total carry $18,947

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16,137per month

Mortgage amount $3,024,000 · 4.14% over 25 years

$756,000Down payment (20.0%)
$3,024,000Loan before insurance
$0CMHC premium
$17,857Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,137
Property tax
$1,719
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,857

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

One-time closing costs

Ontario land transfer tax
$80,975
Toronto municipal land transfer tax
$88,775
Estimated closing costs
$169,750

Plus your down payment of $756,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$19,600/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

$1,817,156Total interest paid
$4,841,156Total of all payments
Principal $3,024,000 Interest $1,817,156
YearPrincipalInterestBalance
1$70,842$122,804$2,953,158
2$73,805$119,841$2,879,353
3$76,892$116,754$2,802,461
4$80,109$113,538$2,722,352
5$83,459$110,187$2,638,893
6$86,950$106,696$2,551,943
7$90,587$103,059$2,461,355
8$94,376$99,270$2,366,979
9$98,324$95,322$2,268,655
10$102,437$91,209$2,166,218
11$106,722$86,925$2,059,496
12$111,186$82,461$1,948,311
13$115,836$77,810$1,832,474
14$120,682$72,965$1,711,793
15$125,730$67,917$1,586,063
16$130,989$62,658$1,455,074
17$136,468$57,179$1,318,607
18$142,176$51,470$1,176,431
19$148,123$45,523$1,028,308
20$154,319$39,328$873,989
21$160,774$32,873$713,216
22$167,498$26,148$545,717
23$174,505$19,142$371,213
24$181,804$11,842$189,409
25$189,409$4,238$0

At the end of your 5-year term

Total paid over the term
$968,231
Principal paid down
$385,107
Interest paid
$583,124
Balance remaining
$2,638,893

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$7,350/mo
$88,200Gross annual rent
1.5%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.

2.3%
Gross yield
− Property tax $20,632− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $56,466

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of IQI GLOBAL REAL ESTATE. MLS®/PropTx.

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