42 Heathview Avenue, Toronto, ON
Bayview Village, Toronto · MLS® C13248848
About this home
RENOVATED 4BR RANCH BUNGALOW SITUATED ON A 1/3 ACRE (64.47'X 236') RAVINE LOT W/ HEATED INGROUND SALTWATER POOL!!!! Enjoy Unparalleled Privacy Surrounded By Lush Greenery And Mature Trees. This Renovated Four-Bedroom Ranch Bungalow Features Spacious Principal Rooms Bathed In Natural Light From Large Windows And Multiple Skylights. Nearly Every Room Offers Picturesque Views Of The Rear Gardens And Ravine. The Gourmet Kitchen Is Equipped With Stainless Steel Appliances, Quartz Counters, And A Breakfast Area Overlooking The Pool/Ravine. Tranquil Primary Suite With Walk In Closet And 6 Piece Spa Inspired Ensuite With Steam Shower and Heated Flooring. The Home Offers A Seamless Transition Between Indoor And Outdoor Living, With Direct Access To The Rear Gardens From The Living Room, Dining Room, And Lower Level, Making It An Entertainer's Dream. The Lower Level Provides A Recreation Area With A Gas Fireplace And A Walkout To The Rear Gardens, A 1000-Bottle Temperature-Controlled Wine Cellar, Two Additional Bedrooms, An Oversized Laundry Room, And Ample Storage. The Magnificent Rear Gardens Are An Oasis, Featuring A Heated Saltwater In-Ground Pool, Inground Sprinkler System on Wifi, Hot Tub, Stone Sitting Area, And An Upper Terrace. Multiple Skylights, Convenient Central Vacuum, Heated Flooring. Main Floor Freshly Painted. New Garage Door, New Front Door And Pot Lights In 2024. Conveniently Located in the Highly Sought After Bayview Village, Close to All Amenities.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13248848
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 2500-3000
- Lot
- 64.47 × 236.64 ft
- Cross streets
- E of Bayview S of Finch
- Parking
- 2 garage · 8 parking (built-in)
- Driveway
- Private, Private Double
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block, Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground, Outdoor, Salt
- Property tax
- $15,599 / 2026
- Days on market
- 47
- Listing brokerage
- RE/MAX REALTY SPECIALISTS INC.
Rooms
5 pc ensuite · hardwood floor · walk-in closet(s)
recessed lighting · closet · overlooks pool
updated · b/i appliances · overlooks pool
overlooks pool · hardwood floor · closet
overlooks ravine · walk-in closet(s) · overlooks pool
tile floor · b/i shelves
w/o to garage · skylight · double closet
walk-out · hardwood floor · overlooks pool
B/I Shelves
w/o to yard · gas fireplace · overlooks pool
gas fireplace · hardwood floor · overlooks pool
combined w/kitchen · pot lights · overlooks pool
Listed at $3,149,000, this home is tracking about 35% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,145/sqft) is in line with the area, so you are paying for extra space rather than a premium.
In Bayview Village lately, sellers have been getting about 96% of asking and homes sell in about 30 days.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
This home has a walk-out basement — extra light, usable space, and income potential that comparable-sales math tends to under-price. Read this estimate as a conservative floor for it; I can pull walk-out comparables to pin the number.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.47M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.80M
- Size difference +$564K
- Adjusts to $2.36M
That comparable adjusts to $2.36M; the $2.33M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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.
Total price vs nearby homes. Fair value about $2.33M, median of 8 comparables.
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
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
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 homesThis home lists 6% below the area average of $1,215/sqft.
46 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bayview Village, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $2,519,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,443
- Property tax
- $1,300
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,743
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $65,200
- Toronto municipal land transfer tax
- $66,690
- Estimated closing costs
- $131,890
Plus your down payment of $629,800. 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
- $806,603
- Principal paid down
- $320,821
- Interest paid
- $485,782
- Balance remaining
- $2,198,379
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
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 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 RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.