243 Burbank Drive, Toronto, ON
Bayview Village, Toronto · MLS® C13131710
About this home
In short
- Stunning "Cottage-view " ravine property nestled on a quiet street with no through traffic in the city.
- This custom-built 5331 sqft (MPAC) above-grade home features a dramatic curved design that maximizes tranquil ravine views, with most rooms overlooking the greenery.
- Boasting a grand façade with a circular driveway on an 80 ft frontage, well-maintained, bright, and spacious two-level residence includes a fully finished two-level...
- Modern updated kitchen with Miele stainless steel appliances, a built-in double-door fridge, a character-filled recreation room with wet bar, oak paneling, hardwood...
- The oversized primary bedroom features a luxurious 5-piece ensuite.
Stunning "Cottage-view " ravine property nestled on a quiet street with no through traffic in the city. This custom-built 5331 sqft (MPAC) above-grade home features a dramatic curved design that maximizes tranquil ravine views, with most rooms overlooking the greenery.Boasting a grand façade with a circular driveway on an 80 ft frontage, well-maintained, bright, and spacious two-level residence includes a fully finished two-level basement with a separate entrance-ideal for large families or generating rental income.Modern updated kitchen with Miele stainless steel appliances, a built-in double-door fridge, a character-filled recreation room with wet bar, oak paneling, hardwood flooring throughout, and multiple walkouts to sun decks and patio overlooking the ravine.The oversized primary bedroom features a luxurious 5-piece ensuite. Additional highlights include a second kitchen in the basement, mudroom, custom drapery, crown moulding, fireplace, wainscoting, pot lights, cedar closet, and chandelier. Located in top-ranked school districts, close to Earl Haig Secondary School and Bayview Middle School. A rare, one-of-a-kind ravine home offering privacy, space, and exceptional design.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13131710
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 6 (2 half)
- Size
- 5,000 sq ft
- Lot
- 80 × 119 ft
- Cross streets
- E. Bayview/S. Finch
- Parking
- 2 garage · 10 parking (built-in)
- Driveway
- Circular Drive
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $21,009 / 2025
- Days on market
- 158
- Listing brokerage
- MASTER`S TRUST REALTY INC.
Rooms
overlooks ravine · w/o to balcony · hardwood floor
closet · laminate · combined w/kitchen
overlooks ravine · quartz counter · modern kitchen
hardwood floor · wainscoting · sunken room
closet · hardwood floor · window
hardwood floor · fireplace · east west view
overlooks ravine · combined w/kitchen · open concept
laminate · combined w/living
overlooks ravine · hardwood floor · window
overlooks ravine · closet · window
5 pc ensuite · hardwood floor · east west view
overlooks ravine · window · window
overlooks ravine · hardwood floor · window
limestone flooring · l-shaped room · w/o to ravine
overlooks ravine · w/o to balcony · hardwood floor
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readOn 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.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $880/sqft; this home lists at $600/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Bayview Village, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,399,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,266
- Property tax
- $1,751
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,016
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $61,450
- Toronto municipal land transfer tax
- $61,450
- Estimated closing costs
- $122,900
Plus your down payment of $599,800. 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
- $795,935
- Principal paid down
- $293,138
- Interest paid
- $502,797
- Balance remaining
- $2,106,062
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 MASTER`S TRUST REALTY INC.. MLS®/PropTx.