50 Bruce Farm Drive, Toronto, ON

Bayview Woods-Steeles, Toronto · MLS® C13417868

$1,850,000
For Sale
Listed 39 days ago
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6Bedrooms
4Bathrooms
2Garage · 6 parking
1500-2000Sq Ft

About this home

Concept Floorplan with Large south-facing living room, combined with a bright dining room with an enlarged window. Entire main level was completely renovated in 2022, $200,000+ spent on all new kitchen, bathrooms, frames, dry walls, floor, ceiling, electric wiring and plumbing system. Two bedrooms overlook the ravine. Spacious hallway accesses to a double garage directly. Entry-Lux style kitchen with breakfast area, artificial stone countertop, natural gas rough in. The lower level includes a huge family room with fireplace location, bright with big windows/sliding door, combined with kitchen/dinning areas, three good sized bedrooms, and storage room leading to a big cold room. More than 3,300 sq. ft. in total including the basement. Located steps from multiple trails and great schools (Zion Heights, A.Y. Jackson), close to 401/404/DVP, minutes drive to plaza where banks, coffee shop, restaurants, medical centers and grocery stores located.

Key facts

Property type
Detached, Bungalow
MLS®
C13417868
Bedrooms
6 (3 + 3)
Bathrooms
4
Size
1500-2000
Lot
50 × 120 ft
Cross streets
Bayview/Cummer
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out, Separate Entrance
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,468 / 2025
Days on market
39
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenMain5.82 × 3.05 m

ceramic floor · pot lights · large window

Cold Room/CantinaBasement6.27 × 1.63 m

vinyl floor · above grade window

Living RoomMain5.72 × 4.42 m

hardwood floor · pot lights · bow window

BedroomBasement4.27 × 2.39 m

vinyl floor · above grade window · closet

BedroomBasement5.66 × 2.85 m

vinyl floor · above grade window

Family RoomBasement6.86 × 4.75 m

vinyl floor · w/o to yard · overlook greenbelt

Bedroom 3Main4.17 × 3.38 m

hardwood floor · window · pot lights

Primary BedroomMain4.25 × 3.73 m

hardwood floor · bay window · pot lights

Dining RoomMain3.30 × 2.82 m

hardwood floor · large window · open concept

KitchenBasement5.28 × 3.17 m

vinyl floor · combined w/dining · w/o to yard

BedroomBasement4.09 × 3.35 m

vinyl floor · above grade window

Bedroom 2Main3.88 × 3.38 m

hardwood floor · window · pot lights

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.74Mest. value

Listed at $1,850,000, this home is about 6% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

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

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.04M, a bit higher.

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 $1.70M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.74M

That comparable adjusts to $1.74M; the $1.74M estimate above is the median of all 5 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 Zion Heights 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Cummer Ave at Pineway Blvd is about a 2-minute walk away.

List price
$1.64MGreat deal$1.85MOverpriced

Total price vs nearby homes. Fair value about $1.74M, median of 5 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.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Worth verifying
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.40Mavg asking

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

978 Midland Avenue$1.20M55 Sunvale Drive$1.70M44 Transwell Avenue$1.75M30 Japonica Road$999k90 Renault Crescent$1.35M

The 5 closest active listings nearby.

See all comparable homes
1.85MThis home1.20M1.70M1.75M999k1.35MThis home vs active comparables
Live market pulseActive comparables in Bayview Woods-Steeles · median list $1.79M
$1,057this home / sqft
9active listings nearby
39days on market

38 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 Woods-Steeles, 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

66/ 100

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 Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Cummer Ave at Pineway Blvd, about 158 m away

20+ transit stops2 grocery20+ dining19 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.

Wexford-Maryvale
$865K
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Downsview-Roding-CFB
$1.06M
High Park-Swansea
$4.99M

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 Zion Heights Middle School
93%
Zion Heights Middle SchoolPublic · Elementary · 0.5 km awayAmong the top in the GTA · 93% meet the provincial standard

Affordability & Mortgage

Affordability
$8,432/mo
$346KIncome needed
5.3×Price ÷ income
$1,946Weekly 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.

92%mortgage
Mortgage $8,432Property tax $706Total carry $9,137

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,898per month

Mortgage amount $1,480,000 · 4.14% over 25 years

$370,000Down payment (20.0%)
$1,480,000Loan before insurance
$0CMHC premium
$8,603Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,898
Property tax
$706
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,603

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

One-time closing costs

Ontario land transfer tax
$33,475
Toronto municipal land transfer tax
$33,475
Estimated closing costs
$66,950

Plus your down payment of $370,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,593/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

$889,349Total interest paid
$2,369,349Total of all payments
Principal $1,480,000 Interest $889,349
YearPrincipalInterestBalance
1$34,671$60,103$1,445,329
2$36,122$58,652$1,409,207
3$37,632$57,142$1,371,575
4$39,207$55,567$1,332,368
5$40,847$53,927$1,291,522
6$42,555$52,219$1,248,967
7$44,335$50,439$1,204,632
8$46,190$48,584$1,158,442
9$48,122$46,652$1,110,320
10$50,134$44,640$1,060,186
11$52,231$42,542$1,007,954
12$54,416$40,358$953,538
13$56,692$38,082$896,846
14$59,064$35,710$837,782
15$61,534$33,240$776,248
16$64,108$30,666$712,140
17$66,790$27,984$645,350
18$69,583$25,191$575,766
19$72,494$22,280$503,272
20$75,526$19,248$427,746
21$78,685$16,088$349,061
22$81,977$12,797$267,084
23$85,406$9,368$181,678
24$88,978$5,796$92,700
25$92,700$2,074$0

At the end of your 5-year term

Total paid over the term
$473,870
Principal paid down
$188,478
Interest paid
$285,391
Balance remaining
$1,291,522

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$3,150/mo
$37,800Gross 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.

2.0%
Gross yield
− Property tax $8,468− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $23,774

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

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