73 Forest Grove Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13223244

$2,888,800
For Sale
Listed 51 days ago
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7Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Welcome to 73 Forest Grove Drive! A Real Gem! Upgraded Timeless Home with A California Vibe on A Spectacular Ravine Lot >> 85' X 265' (Over 23,700 Sq.Ft Of Premium Southern Land, 0.54 Acres) In One Of The Most Prestigious Cul-De-Sac in The Heart of Remarkable Bayview Village Neighbourhood! This Bright and Spacious Home Features: 4+3 Bedrooms, 4 Washrooms, Large Principal Rooms(Living Rm, Dining Rm, Family Rm, Kitchen, and Master Bedroom, Overlooks Lush Ravine From Most Rooms, Newer Flooring, Cathedral Ceiling, A Large Glass Enclosed Veranda, Eat-In Kitchen with Newer Cabinets and S/S Appliances, Breathtaking Master Bedroom Includes 6-Pc Ensuite, Walk-In Closet and A signature Bay Window with a Window Seat, Family Sized Deck, Oasis Backyard! Finished Walk-Out Basement On Ground Level Includes Separate Side Entrance, 3 Bedrooms, Washrooms, Huge Family and Recreation Room Includes a Wet Bar, Kitchenette and Laundry. Best School Zone: Earl Haig S.S, Bayview M.S! Amazing Value Based On Upgraded Home, Land Size, Fantastic Ravine, and Convenient Location >> Just Minutes Away From Bayview Village Shopping Centre, The Subway, Highway 401, Right on the Nature Trails! A Truly Exceptional Property and One of The Most Desirable Lots In All Of Bayview Village! **An Opportunity Not To Be Missed**

Key facts

Property type
Detached, Bungalow
MLS®
C13223244
Bedrooms
7 (4 + 3)
Bathrooms
5 (2 half)
Size
2500-3000
Lot
85 × 265.73 ft
Cross streets
Bayview Ave/ Sheppard Ave / Burbank Dr
Parking
2 garage · 6 parking (attached)
Driveway
Available, Private Double
Basement
Separate Entrance, Finished, Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$16,077 / 2025
Days on market
51
Listing brokerage
RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Rooms

BedroomBasement4.35 × 4.28 m

overlooks ravine · closet · laminate

Family RoomMain6.43 × 5.27 m

w/o to deck · overlooks ravine · laminate

Bedroom 5Basement4.94 × 3.06 m

bay window · above grade window · closet organizers

Bedroom 3Main4.03 × 3.36 m

4 pc bath · overlooks frontyard · closet organizers

Great RoomBasement4.75 × 4.03 m

fireplace · wet bar · laminate

Primary BedroomMain4.51 × 3.96 m

6 pc ensuite · walk-in closet(s) · overlooks ravine

Bedroom 2Main3.79 × 3.06 m

closet organizers · overlooks ravine · laminate

Living RoomMain5.51 × 3.62 m

w/o to deck · overlooks ravine · laminate

BedroomBasement3.82 × 3.51 m

above grade window · laminate · mirrored closet

Bedroom 4Main3.53 × 3.12 m

overlooks frontyard · laminate · closet organizers

Family RoomBasement6.55 × 3.96 m

wainscoting · laminate · window

Dining RoomMain5.45 × 3.84 m

overlooks ravine · w/o to deck · led lighting

KitchenBasement3.22 × 2.01 m

ceramic floor · double closet · stainless steel appl

KitchenMain5.99 × 3.96 m

breakfast area · renovated · led lighting

RecreationBasement7.47 × 5.27 m

w/o to patio · pot lights · laminate

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.

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. Worth verifying
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$2.64Mavg asking

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

2977 Bayview Avenue$2.18M4 Knollview Crescent$2.19M39 Foxwarren Drive$3.80M12 King Maple Place$2.40M

The 4 closest active listings nearby.

See all comparable homes
2.89MThis home2.18M2.19M3.80M2.40MThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $3.78M
$1,050this home / sqft
12active listings nearby
51days on market
32sold nearby · 90 days
$2.31Mmedian sold price
97%of asking, on average

This home lists 12% above the area average of $938/sqft.

50 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 East
$3.00M
L'Amoreaux
$1.54M
Bedford Park-Nortown
$4.46M
East York
$925K
Birchcliffe-Cliffside
$1.69M

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
$13,166/mo
$548KIncome needed
5.3×Price ÷ income
$3,038Weekly 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.

91%mortgage
Mortgage $13,166Property tax $1,340Total carry $14,506

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,333per month

Mortgage amount $2,311,040 · 4.14% over 25 years

$577,760Down payment (20.0%)
$2,311,040Loan before insurance
$0CMHC premium
$13,672Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,333
Property tax
$1,340
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,672

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

One-time closing costs

Ontario land transfer tax
$58,695
Toronto municipal land transfer tax
$58,695
Estimated closing costs
$117,390

Plus your down payment of $577,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,979/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

$1,388,730Total interest paid
$3,699,770Total of all payments
Principal $2,311,040 Interest $1,388,730
YearPrincipalInterestBalance
1$54,140$93,851$2,256,900
2$56,404$91,587$2,200,496
3$58,764$89,227$2,141,732
4$61,222$86,769$2,080,511
5$63,782$84,208$2,016,729
6$66,450$81,541$1,950,278
7$69,230$78,761$1,881,048
8$72,126$75,865$1,808,923
9$75,142$72,848$1,733,780
10$78,286$69,705$1,655,495
11$81,560$66,431$1,573,935
12$84,972$63,019$1,488,963
13$88,526$59,465$1,400,437
14$92,229$55,762$1,308,208
15$96,087$51,904$1,212,121
16$100,106$47,885$1,112,016
17$104,293$43,698$1,007,723
18$108,655$39,335$899,067
19$113,200$34,790$785,867
20$117,935$30,055$667,931
21$122,868$25,122$545,063
22$128,008$19,983$417,055
23$133,362$14,629$283,693
24$138,941$9,050$144,752
25$144,752$3,239$0

At the end of your 5-year term

Total paid over the term
$739,954
Principal paid down
$294,311
Interest paid
$445,643
Balance remaining
$2,016,729

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
1.3%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.

2.2%
Gross yield
− Property tax $16,077− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $38,593

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

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