38 Fifeshire Road, Toronto, ON

St. Andrew-Windfields, Toronto · MLS® C13109790

$4,995,000
For Sale
Listed 71 days ago
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5Bedrooms
5Bathrooms
2Garage · 12 parking
3000-3500Sq Ft
7 schools20+ transit stops18 parks20+ restaurantswithin 1.5 km

About this home

A rare legacy estate awaits! Seize the opportunity to build your dream home on one of Toronto's most prestigious streets. Nestled in the heart of the coveted Bayview and York Mills enclave, 38 Fifeshire Road presents an exceptional offering to create a bespoke masterpiece in one of the city's most distinguished neighbourhoods. Spanning nearly 1/2 an acre, this expansive ravine lot is a canvas of serenity and prestige, framed by lush greenery, mature trees, and the tranquil beauty of its natural surroundings. With exceptional frontage, depth, and breathtaking ravine vistas, this property is a dream for visionary architects and discerning homeowners. The existing residence, boasting nearly 5,000 square feet of well-appointed living space, provides a foundation of grandeur, yet the true allure lies in the lands potential. Imagine a custom-designed estate with sweeping outdoor terraces, infinity pools, or private gardens all tailored to your unique vision of luxury. Located just moments from Toronto's finest offerings, including Bayview Villages upscale shopping, elite private and public schools, gourmet dining, exclusive clubs, and seamless access to Highway 401 & DVP, this address marries tranquility with connectivity. 38 Fifeshire Road is not merely a home its a legacy in the making, a rare chance to define timeless elegance on one of Toronto's most iconic streets.

Key facts

Property type
Detached, 2-Storey
MLS®
C13109790
Bedrooms
5 (4 + 1)
Bathrooms
5 (2 half)
Size
3000-3500
Lot
117.88 × 199.45 ft
Cross streets
Bayview/York Mills
Parking
2 garage · 12 parking (built-in)
Driveway
Circular Drive
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$15,100 / 2025
Days on market
71
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

OfficeMain3.03 × 3.35 m

overlooks garden · b/i shelves · broadloom

Bedroom 2Second3.75 × 4.56 m

large closet · broadloom · picture window

Family RoomMain5.57 × 3.86 m

beamed ceilings · fireplace · overlooks backyard

BedroomLower3.00 × 3.60 m

large window · large closet · broadloom

Dining RoomMain4.53 × 3.99 m

overlooks backyard · large window

Bedroom 4Second3.96 × 3.48 m

2 pc ensuite · walk-in closet(s) · picture window

KitchenMain5.30 × 4.04 m

b/i appliances · breakfast area · tile floor

Primary BedroomSecond5.83 × 4.54 m

6 pc ensuite · walk-in closet(s) · double closet

Living RoomMain6.73 × 4.54 m

overlooks backyard · window floor to ceiling · broadloom

RecreationLower7.55 × 4.40 m

w/o to yard · stone fireplace

Bedroom 3Second3.62 × 4.28 m

double closet · broadloom · picture window

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 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, this is a more car-dependent spot, so buyers here typically drive. Toba Dr at Fifeshire Rd is about a 3-minute walk away. Worth weighing if transit access matters to you.

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.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Worth verifying
  • Value driver
Comparable listingsCurrently listed nearby in St. Andrew-Windfields · asking prices
$2.52Mavg asking

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

19 Lower Links Road$3.30M110 Upper Canada Drive$2.89M20 Mossgrove Trail$2.09M234 York Mills Road$1.80M

The 4 closest active listings nearby.

See all comparable homes
5.00MThis home3.30M2.89M2.09M1.80MThis home vs active comparables
Live market pulseActive comparables in St. Andrew-Windfields · median list $3.98M
$1,537this home / sqft
19active listings nearby
71days on market
96sold nearby · 90 days
$2.49Mmedian sold price
95%of asking, on average

70 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

St. Andrew-Windfields, 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

17/ 100

Car-DependentA 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.

Almost all errands require a car — groceries and transit are a drive away.

🚉 Nearest transit: Toba Dr at Fifeshire Rd, about 236 m away

20+ transit stops3 grocery20+ dining18 parks4 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
Bayview Village
$1.93M
Bedford Park-Nortown
$3.76M
Newtonbrook East
$1.70M
East York
$925K

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 St. Andrew's Middle School
81%
St. Andrew's Middle SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 81% meet the provincial standard

Affordability & Mortgage

Affordability
$22,766/mo
$905KIncome needed
5.5×Price ÷ income
$5,254Weekly 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.

95%mortgage
Mortgage $22,766Property tax $1,258Total carry $24,024

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)
$21,324per month

Mortgage amount $3,996,000 · 4.14% over 25 years

$999,000Down payment (20.0%)
$3,996,000Loan before insurance
$0CMHC premium
$22,582Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$21,324
Property tax
$1,258
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$22,582

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

One-time closing costs

Ontario land transfer tax
$111,350
Toronto municipal land transfer tax
$141,250
Estimated closing costs
$252,600

Plus your down payment of $999,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$25,900/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

$2,401,242Total interest paid
$6,397,242Total of all payments
Principal $3,996,000 Interest $2,401,242
YearPrincipalInterestBalance
1$93,612$162,277$3,902,388
2$97,528$158,362$3,804,859
3$101,608$154,282$3,703,252
4$105,858$150,032$3,597,394
5$110,286$145,604$3,487,108
6$114,899$140,991$3,372,210
7$119,705$136,185$3,252,505
8$124,712$131,178$3,127,793
9$129,928$125,961$2,997,865
10$135,363$120,527$2,862,502
11$141,025$114,865$2,721,477
12$146,924$108,966$2,574,553
13$153,069$102,820$2,421,484
14$159,472$96,418$2,262,012
15$166,143$89,747$2,095,869
16$173,092$82,798$1,922,777
17$180,332$75,557$1,742,445
18$187,875$68,014$1,554,569
19$195,734$60,156$1,358,836
20$203,921$51,969$1,154,914
21$212,451$43,439$942,464
22$221,337$34,552$721,126
23$230,596$25,294$490,531
24$240,241$15,649$250,290
25$250,290$5,600$0

At the end of your 5-year term

Total paid over the term
$1,279,448
Principal paid down
$508,892
Interest paid
$770,557
Balance remaining
$3,487,108

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$6,300/mo
$75,600Gross 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.

1.5%
Gross yield
− Property tax $15,100− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $50,784

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

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