3161 Bayview Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13212956

$1,599,900
For Sale
Listed 55 days ago
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4Bedrooms
4Bathrooms
2Garage · 9 parking
2500-3000Sq Ft

About this home

**An Exceptional Opportunity To Personalize In Bayview Village** This Large 4 Bedroom Home Converted to 3 Bedrooms Awaits Your Renovator's Touch. Ample Space For a Large Growing/Extended Family. Extra Wide Lot With 64 Ft Of Frontage, Main Floor Family Room With Fireplace, Finished Basement, Updated Kitchen With Granite Countertops, 7 Car Parking With Double Car Garage & Direct Access To House. Move In, Renovate To Taste Or Invest In Your Future.

Key facts

Property type
Detached, 2-Storey
MLS®
C13212956
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
63.92 × 129.08 ft
Cross streets
Bayview/Finch
Parking
2 garage · 9 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Metal/Steel Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,821 / 2025
Days on market
55
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 3Second4.07 × 2.83 m

laminate · large closet · window

LaundryMain2.59 × 2.32 m

ceramic floor · laundry sink · w/o to garage

Bedroom 2Second4.07 × 3.54 m

laminate · large closet · window

Living RoomMain5.51 × 3.82 m

laminate · bay window · pot lights

FoyerMain3.17 × 3.13 m

ceramic floor · double closet

BedroomBasement3.82 × 3.24 m

laminate · large closet · window

Dining RoomMain3.55 × 3.55 m

laminate · window · overlooks backyard

RecreationBasement11.85 × 7.24 m

laminate · 3 pc bath · window

KitchenMain3.87 × 3.45 m

ceramic floor · double sink · window

Primary BedroomSecond3.82 × 3.73 m

3 pc ensuite · laminate · walk-in closet(s)

Family RoomMain4.59 × 4.31 m

fireplace · pot lights · w/o to yard

Our TakeTeam Asgarian · Broker
In line
$1.66Mest. value

Listed at $1,599,900, and my independent estimate is right in line with comparable homes.

In Bayview Village lately, sellers get about 96% of asking; homes sell in ~31 days.

List price
$1.51MGreat deal$2.04MOverpriced

Total price vs nearby homes. Fair value about $1.66M, median of 21 comparables.

How this estimate is builtthe short version

I take the 21 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.74M, a close match.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Bayview Village, so I widened the search to the surrounding area.

Based on 21 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$3.36Mavg asking

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

6 Farmingdale Road$2.31M21 Allenwood Crescent$3.38M80 Forest Grove Drive$4.60M93 Clarinda Drive$3.17M

The 4 closest active listings nearby.

See all comparable homes
1.60MThis home2.31M3.38M4.60M3.17MThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $3.29M
$582this home / sqft
11active listings nearby
55days on market
100sold nearby · 90 days
$1.59Mmedian sold price
96%of asking, on average

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale West
$2.10M
L'Amoreaux
$1.54M
Leaside
$1.73M
Danforth Village-East York
$883K
Clairlea-Birchmount
$880K

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

Affordability & Mortgage

Affordability
$7,292/mo
$311KIncome needed
5.1×Price ÷ income
$1,683Weekly 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.

89%mortgage
Mortgage $7,292Property tax $902Total carry $8,194

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,830per month

Mortgage amount $1,279,920 · 4.14% over 25 years

$319,980Down payment (20.0%)
$1,279,920Loan before insurance
$0CMHC premium
$7,732Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,830
Property tax
$902
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,732

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

One-time closing costs

Ontario land transfer tax
$28,473
Toronto municipal land transfer tax
$28,473
Estimated closing costs
$56,946

Plus your down payment of $319,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,296/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

$769,118Total interest paid
$2,049,038Total of all payments
Principal $1,279,920 Interest $769,118
YearPrincipalInterestBalance
1$29,984$51,977$1,249,936
2$31,238$50,723$1,218,698
3$32,545$49,417$1,186,153
4$33,906$48,055$1,152,246
5$35,325$46,637$1,116,922
6$36,802$45,159$1,080,120
7$38,341$43,620$1,041,778
8$39,945$42,016$1,001,833
9$41,616$40,345$960,217
10$43,357$38,605$916,860
11$45,170$36,791$871,690
12$47,060$34,902$824,630
13$49,028$32,933$775,602
14$51,079$30,883$724,523
15$53,216$28,746$671,307
16$55,441$26,520$615,866
17$57,760$24,201$558,106
18$60,177$21,785$497,929
19$62,694$19,268$435,235
20$65,316$16,646$369,919
21$68,048$13,913$301,871
22$70,894$11,067$230,977
23$73,860$8,102$157,117
24$76,949$5,012$80,168
25$80,168$1,794$0

At the end of your 5-year term

Total paid over the term
$409,808
Principal paid down
$162,998
Interest paid
$246,810
Balance remaining
$1,116,922

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$5,250/mo
$63,000Gross annual rent
2.7%Est. cap rate

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.

3.9%
Gross yield
− Property tax $10,821− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $43,849

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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