89 Old Colony Road, Toronto, ON
St. Andrew-Windfields, Toronto · MLS® C13168574
About this home
One of the last remaining bungalows on this prestigious street. Award winning builders own home. This home is situated on approximately 3/4 of an acre of land. This sprawling 4+2-bedroom bungalow has 16,000 sq. Ft of total living space. The remarkable garage allows for 5 car parking, including a car lift. The kitchen is a chefs dream, it has custom cabinetry adorned with sub zero fridge/freezer, wok, indoor BBQ, salamander, ice maker, triple oven, drink fridge, wine fridge and more. This custom one-off masterpiece will not disappoint. The main floor features a formal living, dining, and family room. The primary bedroom retreat features it own sitting room, with walk out to a lush, landscaped yard. His and Hers dressings rooms are not to be missed. The basement level dressing room is a private oasis, featuring its own closet space, sitting room, 2 pc bathroom and cedar closet. Each of the three remaining bedrooms feature their own walk-in closets and ensuite washrooms. The lower level has two bedrooms with walk in closets, and ensuite washrooms. They are perfect for a nanny's suite, or in laws quarters. This home features an indoor pool, surrounded by stone deck, shower area, steam room, and washroom. The French doors open to walk out to the backyard for an indoor/outdoor pool experience. The backyard is perfect for entertaining, it features a covered porch with fireplace, a dining area, lounge area, built in BBQ and pizza oven. The back of the property features a full-size sport court. This property is truly magnificent and one of a kind.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13168574
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 10 (4 half)
- Size
- 5,000 sq ft
- Lot
- 120 × 296 ft
- Cross streets
- Yorkmills and Bayview Ave
- Parking
- 5 garage · 11 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete Block
- Roof
- Cedar
- Sewer
- Sewer
- Pool
- Indoor
- Property tax
- $47,560 / 2025
- Days on market
- 53
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
broadloom · french doors · pot lights
hardwood floor · skylight · pot lights
closet · 5 pc ensuite · pot lights
closet · 3 pc ensuite · pot lights
hardwood floor · french doors · fireplace
hardwood floor · picture window · pot lights
hardwood floor · overlooks backyard · vaulted ceiling(s)
hardwood floor · bay window · fireplace
closet · semi ensuite · french doors
stone floor · overlook patio · breakfast area
broadloom · 2 pc bath · pot lights
hardwood floor · 4 pc ensuite · pot lights
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 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Bannatyne Dr at Dunlace Dr is about a 7-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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Weigh carefully
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homes52 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
St. Andrew-Windfields, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Bannatyne Dr at Dunlace Dr, about 528 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 $8,640,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $46,106
- Property tax
- $3,963
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $50,070
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $256,475
- Toronto municipal land transfer tax
- $468,475
- Estimated closing costs
- $724,950
Plus your down payment of $2,160,000. 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
- $2,766,375
- Principal paid down
- $1,100,306
- Interest paid
- $1,666,069
- Balance remaining
- $7,539,694
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
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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.