59 Hi Mount Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13166678

$8,500,000
For Sale
Listed 55 days ago
Request a showing
◎ Directions
5Bedrooms
6Bathrooms
3Garage · 23 parking
5,000Sq Ft

About this home

***Muskoka In The City***Rare opportunity to own a custom-built estate on approximately 2.265 acres, situated on a premium 3-sided ravine lot with breathtaking views of mature trees and the Don River***Gated property offering close to 8,000 sq ft of living space, combining privacy, nature, and luxury***Grand 2-storey foyer with 19-ft ceiling***Main floor features 10-ft ceilings, hardwood flooring, wrought iron railings, solid doors, and detailed wainscotting throughout***Lifetime Roof***Gourmet kitchen with granite countertops***Multiple walk-outs to 2 large decks, 4 solariums, and balcony overlooking the ravine***Well-appointed home with 3 fireplaces, media room, and exceptional finishes including intricate wood trims and mouldings***Lower level designed for entertaining, featuring wet bar, wine cellar, family spa,media room, cedar closet, and a custom-designed cigar room***5 spacious bedrooms, all with ensuite bathrooms***Private grounds include a basketball court and beautifully landscaped surroundings***Located in the highly sought-after Earl Haig Secondary School zone***Minutes to Bayview Village, subway, and all amenities***A unique offering combining Muskoka-like setting with city convenience***

Key facts

Property type
Detached, 2-Storey
MLS®
C13166678
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
5,000 sq ft
Lot
243.75 × 404.72 ft
Cross streets
Bayview & Sheppard
Parking
3 garage · 23 parking (attached)
Driveway
Front Yard Parking
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Unknown
Roof
Other
Sewer
Sewer
Property tax
$41,045 / 2026
Days on market
55
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 3Upper4.89 × 4.15 m

4 pc ensuite · hardwood floor · double closet

Great RoomLower6.45 × 4.88 m

fireplace · cedar closet(s) · bow window

Media RoomLower6.57 × 4.85 m

built-in speakers · broadloom · pot lights

Bedroom 4Upper4.19 × 3.85 m

4 pc ensuite · hardwood floor · double closet

Family RoomMain7.17 × 4.91 m

fireplace · combined w/solarium · hardwood floor

Exercise RoomLower6.10 × 4.01 m

4 pc bath · wet bar · whirlpool

Dining RoomMain6.52 × 4.85 m

hardwood floor · bay window · wainscoting

Living RoomMain6.59 × 4.84 m

fireplace · combined w/solarium · moulded ceiling

Primary BedroomUpper5.21 × 5.10 m

6 pc ensuite · combined w/solarium · walk-in closet(s)

Bedroom 2Upper4.95 × 3.85 m

4 pc ensuite · hardwood floor · his and hers closets

LibraryMain4.85 × 3.60 m

b/i bookcase · wood trim · bay window

KitchenMain4.61 × 5.29 m

granite counters · breakfast area · b/i appliances

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 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. Leslie St at Nymark Ave is about a 6-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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$4.05Mavg asking

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

35 Foxwarren Drive$4.39M97 Clarinda Drive$3.29M77 Citation Drive$4.80M49 Ravenscroft Circle$4.60M20 Arrowstook Road$3.19M

The 5 closest active listings nearby.

See all comparable homes
8.50MThis home4.39M3.29M4.80M4.60M3.19MThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $3.78M
$1,700this home / sqft
8active listings nearby
55days on market

54 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

58/ 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: Leslie St at Nymark Ave, about 478 m away

20+ transit stops20+ dining20+ parks10 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.

Wexford-Maryvale
$865K
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Downsview-Roding-CFB
$1.06M
High Park-Swansea
$4.99M

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 · 1.0 km awayHigher-rated than most nearby · 85% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$38,740/mo
$1585KIncome needed
5.4×Price ÷ income
$8,940Weekly 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.

92%mortgage
Mortgage $38,740Property tax $3,420Total carry $42,161

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$36,287per month

Mortgage amount $6,800,000 · 4.14% over 25 years

$1,700,000Down payment (20.0%)
$6,800,000Loan before insurance
$0CMHC premium
$39,708Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$36,287
Property tax
$3,420
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$39,708

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

One-time closing costs

Ontario land transfer tax
$198,975
Toronto municipal land transfer tax
$333,975
Estimated closing costs
$532,950

Plus your down payment of $1,700,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$44,074/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

$4,086,197Total interest paid
$10,886,197Total of all payments
Principal $6,800,000 Interest $4,086,197
YearPrincipalInterestBalance
1$159,301$276,147$6,640,699
2$165,964$269,484$6,474,736
3$172,906$262,542$6,301,830
4$180,138$255,310$6,121,692
5$187,673$247,775$5,934,018
6$195,523$239,925$5,738,495
7$203,702$231,746$5,534,793
8$212,222$223,226$5,322,571
9$221,099$214,349$5,101,472
10$230,347$205,100$4,871,125
11$239,982$195,465$4,631,142
12$250,021$185,427$4,381,122
13$260,479$174,969$4,120,643
14$271,374$164,074$3,849,269
15$282,725$152,723$3,566,544
16$294,551$140,897$3,271,993
17$306,872$128,576$2,965,121
18$319,708$115,740$2,645,413
19$333,081$102,367$2,312,333
20$347,013$88,435$1,965,320
21$361,528$73,920$1,603,792
22$376,650$58,798$1,227,142
23$392,405$43,043$834,737
24$408,818$26,629$425,919
25$425,919$9,529$0

At the end of your 5-year term

Total paid over the term
$2,177,239
Principal paid down
$865,982
Interest paid
$1,311,258
Balance remaining
$5,934,018

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
0.8%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 $41,045− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $69,695

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

CallRequest a showing