181 Bayview Heights Drive, Toronto, ON

Leaside, Toronto · MLS® C13217582

$3,599,000
For Sale
Listed 101 days agoNo offer date stated
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4Bedrooms
4Bathrooms
1Garage · 3 parking
2500-3000Sq ft

About this home

In short

  • The main floor showcases spacious family, living, dining rooms, a private home office, and a convenient bedroom backing onto the beautiful pool and patio.
  • 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...
  • Upstairs, you'll find three generously sized bedrooms, including a serene primary suite complete with a 5-piece ensuite and ample closet space.
  • 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.

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 sq ft
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
101
Listing brokerage
RE/MAX ULTIMATE REALTY INC.
Our TakeTeam Asgarian · Broker
In line
$3.52Mest. value

Listed at $3,599,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $3.52M, typically $2.85M to $3.87M. Comparable closings on their own put this home around $3.32M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $3.33M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$2.85MBelow recent closings$3.87MAbove recent closings

Total price vs nearby homes. Fair value about $3.52M, median of 57 comparables.

The market behind the math:

24sold nearby · 90 days
$1.95Mmedian sold price
99%of asking, on average
−17%prices vs a year ago
~25 dayshomes like this take to sell
101days on market so far
$9,198/moest. rent · 15 leases
3.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 10 detached homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,309/sqft against an area asking average of $1,437/sqft. Size and $/sqft both feed the estimate above.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
How this estimate is builtthe short version

I take the 57 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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 $3.33M, 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.

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

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

Based on 57 comparable homes that sold in Leaside over the past two years, from 222 closings there.

What sellers nearby are askingCurrently listed nearby in Leaside · asking prices
$3.93Mavg asking

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

Per square foot, these ask about $1,515/sqft; this home lists at $1,309/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
3.60MThis home4.71M3.55M4.00M3.45MThis home vs active comparables

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.

Nearby neighbourhoods

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

Mount Pleasant East
$2.42M
Bridle Path-Sunnybrook-York Mills
$4.90M
Woodbine-Lumsden
$899K
Bedford Park-Nortown
$3.50M
Birchcliffe-Cliffside
$1.19M

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
Also nearby: 12 more schools within 2.5 km
Rolph Road Elementary School · Public elementary0.7 km · 88% at standard
Whitney Junior Public School · Public elementary1.0 km · 94% at standard
Our Lady of Perpetual Help Catholic School · Catholic elementary1.3 km · 88% at standard
Maurice Cody Junior Public School · Public elementary1.3 km · 90% at standard
Hodgson Middle School · Public elementary1.4 km · 76% at standard
Chester Elementary School · Public elementary1.7 km · 70% at standard
Westwood Middle School · Public elementary1.8 km · 70% at standard
Deer Park Junior and Senior Public School · Public elementary1.8 km · 84% at standard
William Burgess Elementary School · Public elementary1.8 km · 59% at standard
Jackman Avenue Junior Public School · Public elementary2.0 km · 79% at standard
Rosedale Junior Public School · Public elementary2.0 km · 94% at standard
Davisville Junior Public School · Public elementary2.0 km · 86% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$16,403/mo
$669KIncome needed
5.4×Price ÷ income
$3,785Weekly cost
$158,890Land transfer tax, one-time (Ontario + Toronto)
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 $16,403Property tax $1,324Total carry $17,727

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 8, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,522per month

Mortgage amount $2,879,200 · 4.24% over 25 years

$719,800Down payment (20.0%)
$2,879,200Loan before insurance
$0CMHC premium
$16,846Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,522
Property tax
$1,324
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,846

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

One-time closing costs

Ontario land transfer tax
$76,450
Toronto municipal land transfer tax
$82,440
Estimated closing costs
$158,890

Plus your down payment of $719,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$18,834/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

$1,777,427Total interest paid
$4,656,627Total of all payments
Principal $2,879,200 Interest $1,777,427
YearPrincipalInterestBalance
1$66,523$119,742$2,812,677
2$69,374$116,891$2,743,303
3$72,347$113,919$2,670,956
4$75,447$110,819$2,595,510
5$78,679$107,586$2,516,830
6$82,051$104,214$2,434,780
7$85,567$100,699$2,349,213
8$89,233$97,032$2,259,980
9$93,057$93,208$2,166,923
10$97,044$89,221$2,069,879
11$101,202$85,063$1,968,677
12$105,539$80,726$1,863,138
13$110,061$76,204$1,753,077
14$114,777$71,488$1,638,300
15$119,695$66,570$1,518,605
16$124,824$61,441$1,393,781
17$130,173$56,092$1,263,608
18$135,751$50,514$1,127,857
19$141,567$44,698$986,290
20$147,634$38,632$838,656
21$153,960$32,306$684,697
22$160,557$25,708$524,140
23$167,436$18,829$356,704
24$174,611$11,654$182,093
25$182,093$4,172$0

At the end of your 5-year term

Total paid over the term
$931,325
Principal paid down
$362,370
Interest paid
$568,956
Balance remaining
$2,516,830

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
From 15 whole-home leases in Leaside$9,198/mo
$110,376Gross annual rent
2.2%Cap rate after taxes and upkeep
$7,998 to $11,329Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 15 whole-home leases in Leaside signed at a median of $8,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $9,198. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.1%
Gross yield
− Property tax $15,889− Insurance $1,400− Vacancy & upkeep $12,141Net operating income $80,946

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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