181 Bayview Heights Drive, Toronto, ON

Leaside, Toronto · MLS® C13217582

$3,799,000
For Sale
Listed 54 days ago
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4Bedrooms
4Bathrooms
1Garage · 3 parking
2500-3000Sq Ft
12 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Welcome to 181 Bayview Heights Dr, a stunning 4-bedroom, 4-bathroom family home nestled on an expansive lot in a highly desirable Bennington Heights neighbourhood. This beautifully maintained property features a spacious layout perfect for both entertaining and everyday living. The main floor showcases spacious family, living, dining rooms, a private home office, and a convenient bedroom backing onto the beautiful pool and patio. The gourmet kitchen is a chef's dream, featuring granite counters, a Wolf gas stove/oven, Sub-Zero fridge, built-in dishwasher and microwave, and custom cabinetry. All seamlessly connected to a bright family room space with walkout access to the beautifully landscaped backyard featuring a large salt water pool and patio perfect for summer gatherings or quiet evenings outdoors. Upstairs, you'll find three generously sized bedrooms, including a serene primary suite complete with a 5-piece ensuite and ample closet space. The finished basement level offers excellent flexibility with space for a gym, recreation area, or extra bedroom, along with abundant storage. Bennington Heights is renowned for its peaceful ambiance, characterized by winding streets, cul-de-sacs, and lush ravine surroundings. The neighbourhood's natural boundaries are the Don River Valley and Moore Park Ravine, offering residents a sense of seclusion and tranquility. It is celebrated for its sense of community, access to top-ranked schools, and natural surroundings. Residents enjoy scenic walking trails, nearby parks, and quick access to Bayview's shops and restaurants. With a generous lot, functional layout, and incredible location, 181 Bayview Heights Dr offers the ideal setting to call home.

Key facts

Property type
Detached, 2-Storey
MLS®
C13217582
Bedrooms
4
Bathrooms
4
Size
2500-3000
Lot
56 × 125 ft
Cross streets
Bayview & Moore
Parking
1 garage · 3 parking (attached)
Driveway
Front Yard Parking, Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Concrete
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground, Salt, Outdoor
Property tax
$15,889 / 2025
Days on market
54
Listing brokerage
RE/MAX ULTIMATE REALTY INC.
Our TakeTeam Asgarian · Broker
Above comparables
$3.29Mest. value

Listed at $3,799,000, and my independent estimate is about 15% above what comparable homes suggest.

In Leaside lately, sellers get about 100% of asking; homes sell in ~23 days.

List price
$2.77MGreat deal$3.80MOverpriced

Total price vs nearby homes. Fair value about $3.29M, median of 20 comparables.

  • Ravine / green setting. This home backs onto Bennington Heights Park, a premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

I take the 20 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 $3.11M, a close match.

What the listing highlights5 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
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Bessborough Drive 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. Bayview Ave at Nesbitt Dr is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Based on 20 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Leaside · asking prices
$3.66Mavg asking

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

10 Noel Avenue$3.50M586 Broadway Avenue$3.95M181 Rumsey Road$2.75M310 Bessborough Drive$4.71M102 Parklea Drive$3.40M

The 5 closest of 8 active listings nearby.

See all comparable homes
3.80MThis home3.50M3.95M2.75M4.71M3.40MThis home vs active comparables
Live market pulseActive comparables in Leaside · median list $3.50M
$1,381this home / sqft
8active listings nearby
54days on market
96sold nearby · 90 days
$2.11Mmedian sold price
100%of asking, on average

This home lists 9% above the area average of $1,269/sqft.

53 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

Leaside, 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

68/ 100

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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Bayview Ave at Nesbitt Dr, about 309 m away

20+ transit stops3 grocery20+ dining20+ parks4 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.

Danforth Village-East York
$883K
Clairlea-Birchmount
$880K
Willowdale West
$2.10M
L'Amoreaux
$1.54M
Stonegate-Queensway
$1.63M

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 Bennington Heights Elementary School
80%
Bennington Heights Elementary SchoolPublic · Elementary · 0.1 km awayAbove the GTA average · 80% meet the provincial standard

Affordability & Mortgage

Affordability
$17,315/mo
$703KIncome needed
5.4×Price ÷ income
$3,996Weekly 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.

93%mortgage
Mortgage $17,315Property tax $1,324Total carry $18,639

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)
$16,218per month

Mortgage amount $3,039,200 · 4.14% over 25 years

$759,800Down payment (20.0%)
$3,039,200Loan before insurance
$0CMHC premium
$17,542Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,218
Property tax
$1,324
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,542

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

One-time closing costs

Ontario land transfer tax
$81,450
Toronto municipal land transfer tax
$89,440
Estimated closing costs
$170,890

Plus your down payment of $759,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$19,699/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

$1,826,290Total interest paid
$4,865,490Total of all payments
Principal $3,039,200 Interest $1,826,290
YearPrincipalInterestBalance
1$71,198$123,422$2,968,002
2$74,176$120,444$2,893,826
3$77,279$117,341$2,816,547
4$80,511$114,108$2,736,036
5$83,879$110,741$2,652,157
6$87,387$107,232$2,564,770
7$91,043$103,577$2,473,727
8$94,851$99,769$2,378,876
9$98,818$95,801$2,280,058
10$102,952$91,668$2,177,106
11$107,258$87,362$2,069,848
12$111,744$82,875$1,958,104
13$116,419$78,201$1,841,685
14$121,288$73,331$1,720,397
15$126,362$68,258$1,594,035
16$131,647$62,973$1,462,388
17$137,154$57,466$1,325,235
18$142,891$51,729$1,182,344
19$148,867$45,752$1,033,477
20$155,094$39,525$878,382
21$161,582$33,038$716,801
22$168,340$26,279$548,460
23$175,382$19,238$373,078
24$182,718$11,902$190,361
25$190,361$4,259$0

At the end of your 5-year term

Total paid over the term
$973,098
Principal paid down
$387,043
Interest paid
$586,055
Balance remaining
$2,652,157

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
1.0%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.

1.7%
Gross yield
− Property tax $15,889− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $38,781

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

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