127 Banff Road, Toronto, ON
Mount Pleasant East, Toronto · MLS® C13142402
About this home
Modern masterpiece in the heart of Bayview Eglington Area. Completely renovated with exceptional craftsmanship and sophisticated finishes throughout. This stunning 3+1 Bedroom, 4 washroom residence features an open-concept design and a versatile Third floor office that can also serve as an additional bedroom, perfect for guests, extended family, or work-from-home flexibility. Enjoy a designer kitchen with quartz surfaces and premium appliances, elegant living spaces filled with natural light, and modern electrical fixtures that elevate the home's contemporary style. Spacious bedrooms, beautifully upgraded baths, and a finished lower level provide comfort and functionality for today's lifestyle. Exceptional curb appeal and a private backyard oasis complete this turn-key home in a prime location close to schools, parks, transit, and everyday conveniences.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13142402
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000
- Lot
- 25 × 100 ft
- Cross streets
- Eglinton Ave E. Bayview
- Parking
- 1 garage · 2 parking (built-in)
- Driveway
- Private
- Basement
- Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Metal/Steel Siding
- Foundation
- Block, Concrete
- Roof
- Flat
- Sewer
- Sewer
- Days on market
- 59
- Listing brokerage
- RE/MAX ALL-STARS REALTY INC.
Rooms
b/i appliances · centre island · open concept
2 pc bath · pot lights
hardwood floor · 2 pc bath · combined w/living
5 pc ensuite · walk-in closet(s) · pot lights
combined w/kitchen · gas fireplace · w/o to deck
hardwood floor · b/i closet · window
hardwood floor · overlooks frontyard · combined w/living
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.
Ask Moe if this price is fairOn schools, this address is zoned for Northlea Elementary and Middle 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, this is a very walkable address with everyday errands close by. Eglinton Ave East at Banff Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 38% above the area average of $1,196/sqft.
58 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mount Pleasant East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Eglinton Ave East at Banff Rd, about 83 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 $2,310,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,329
- Property tax
- $1,805
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,134
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $58,675
- Toronto municipal land transfer tax
- $58,675
- Estimated closing costs
- $117,350
Plus your down payment of $577,600. 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
- $739,749
- Principal paid down
- $294,230
- Interest paid
- $445,519
- Balance remaining
- $2,016,170
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 RE/MAX ALL-STARS REALTY INC.. MLS®/PropTx.