24 Rockland Drive, Toronto, ON

Bayview Woods-Steeles, Toronto · MLS® C13450242

$1,559,000
For Sale
Listed 31 days ago
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5Bedrooms
3Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Welcome to 24 Rockland Drive, an exceptional detached TWO STOREY residence with close to 2700 sf of living above ground with DOUBLE CAR GARAGE tucked away on a quiet, low-traffic street in one of North York's most coveted neighborhoods. This bright and airy two story home perfectly balances spacious principal rooms with the distinct functional separation modern families crave.The main level boasts large picture windows that flood the space with natural light and a massive family room. The heart of the home features a kitchen complete with Breakfast Area and a seamless walk-out to a private backyard. The upper level offers generously sized, serene bedrooms with ample closet space.Step outside into the lush backyard, framed by mature privacy trees and fences-ideal for summer entertaining.The substantial lower level provides endless flexibility for a recreation room, home gym, or future custom-build-out. Impeccably maintained and offering incredible curb appeal**Elite School District:** Falls within the highly ranked boundaries of **Steelesview Public School**(JK-5), **Zion Heights Middle School**, and **A.Y. Jackson Secondary School**.* **Commuter Convenience:** Minutes away from the Old Cummer GO Station, direct TTC transit routes, and exceptionally easy access to Highways 404 and 401.* **Nature & Lifestyle:** Steps from the scenic Don Valley trail network, local ravines, Bestview Park,and nearby shopping destinations like Bayview Village and Centerpoint Mall.24 Rockland Drive offers a rare blend of scale, privacy, and long-term value. There is plenty of room for a growing family to live, work and play, showcases pride of ownership throughout its layout. This property is ready for your personal touch.

Key facts

Property type
Detached, 2-Storey
MLS®
C13450242
Bedrooms
5 (4 + 1)
Bathrooms
3 (1 half)
Size
2500-3000
Lot
50.06 × 120.17 ft
Cross streets
Steeles/Bayview/Laureleaf
Parking
2 garage · 6 parking (attached)
Driveway
Available
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,770 / 2025
Days on market
31
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

KitchenMain3.30 × 2.90 m

window · pot lights

Bedroom 2Second5.50 × 4.06 m

window · large closet · california shutters

Dining RoomMain4.32 × 3.96 m

hardwood floor · california shutters

Bedroom 3Second5.28 × 4.04 m

window · large closet · closet

BedroomLower4.07 × 2.40 m

Panelled

BreakfastMain3.42 × 2.66 m

w/o to balcony · pot lights

Bedroom 4Second3.76 × 3.00 m

window · closet

Primary BedroomSecond5.28 × 4.04 m

window · ensuite bath · closet

Family RoomMain4.56 × 3.98 m

window · fireplace

Living RoomMain5.92 × 3.96 m

hardwood floor · california shutters · pot lights

OfficeLower6.60 × 2.94 m

Panelled

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.04Mest. value

Listed at $1,559,000, this home is about 24% below comparable homes, worth a close look. 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 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.06M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.19M
  • Bedrooms +$30K
  • Adjusts to $1.22M

That comparable adjusts to $1.22M; the $2.04M estimate above is the median of all 10 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. Steeles Ave East at Tarbert Rd is about a 3-minute walk away.

List price
$1.56MGreat deal$2.58MOverpriced

Total price vs nearby homes. Fair value about $2.04M, median of 10 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.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Value driver
Comparable listingsCurrently listed nearby in Bayview Woods-Steeles · asking prices
$1.77Mavg asking

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

522 Cummer Avenue$1.65M41 Beardmore Crescent$1.84M44 Pineway Boulevard$1.69M20 Saddletree Drive$1.90M

The 4 closest active listings nearby.

See all comparable homes
1.56MThis home1.65M1.84M1.69M1.90MThis home vs active comparables
Live market pulseActive comparables in Bayview Woods-Steeles · median list $2.00M
$567this home / sqft
9active listings nearby
31days on market

This home lists 23% below the area average of $733/sqft.

30 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

60/ 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: Steeles Ave East at Tarbert Rd, about 244 m away

20+ transit stops2 grocery15 dining20+ parks3 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.

Bedford Park-Nortown
$2.90M
Wexford-Maryvale
$865K
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 Steelesview Public School
85%
Steelesview Public SchoolPublic · Elementary · 0.3 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$7,105/mo
$298KIncome needed
5.2×Price ÷ income
$1,640Weekly 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 $7,105Property tax $731Total carry $7,836

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)
$6,656per month

Mortgage amount $1,247,200 · 4.14% over 25 years

$311,800Down payment (20.0%)
$1,247,200Loan before insurance
$0CMHC premium
$7,386Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,656
Property tax
$731
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,386

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

One-time closing costs

Ontario land transfer tax
$27,655
Toronto municipal land transfer tax
$27,655
Estimated closing costs
$55,310

Plus your down payment of $311,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,084/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

$749,457Total interest paid
$1,996,657Total of all payments
Principal $1,247,200 Interest $749,457
YearPrincipalInterestBalance
1$29,218$50,649$1,217,982
2$30,440$49,427$1,187,543
3$31,713$48,153$1,155,830
4$33,039$46,827$1,122,790
5$34,421$45,445$1,088,369
6$35,861$44,005$1,052,508
7$37,361$42,505$1,015,146
8$38,924$40,942$976,222
9$40,552$39,314$935,670
10$42,248$37,618$893,422
11$44,016$35,851$849,406
12$45,857$34,010$803,549
13$47,775$32,091$755,774
14$49,773$30,093$706,001
15$51,855$28,011$654,146
16$54,024$25,842$600,122
17$56,284$23,582$543,838
18$58,638$21,228$485,200
19$61,091$18,775$424,109
20$63,646$16,220$360,463
21$66,308$13,558$294,154
22$69,082$10,784$225,072
23$71,972$7,895$153,101
24$74,982$4,884$78,119
25$78,119$1,748$0

At the end of your 5-year term

Total paid over the term
$399,331
Principal paid down
$158,831
Interest paid
$240,500
Balance remaining
$1,088,369

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
2.9%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.

4.0%
Gross yield
− Property tax $8,770− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $45,900

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

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