40 Old Colony Road, Toronto, ON

St. Andrew-Windfields, Toronto · MLS® C13462116

$6,995,000
For Sale
Listed 30 days ago
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7Bedrooms
10Bathrooms
4Garage · 10 parking
5,000Sq Ft

About this home

Nestled Within Bayview Gardens Most Iconic Street - Old Colony Road. This Magnificent Residence Boasts A 100' Frontage And Over 12,000 SqFt Of Living Space. Offers Unparalleled Curb Appeal And A Grand Entrance. A Spacious Living Room With Soaring Vaulted Ceilings, Inviting An Abundance Of Natural Light And Creating A Bright Atmosphere That Features A Charming Sunroom. The Dining Room, With Its Picturesque Garden Views, Sets The Stage For Unforgettable Family Gatherings. The Chef's Kitchen Is A Culinary Delight, Featuring A Breakfast Area, Multiple Skylights, And Top-Of-The-Line Appliances. Retreat To The Luxurious Primary Bedroom, A Serene Haven Flooded With Natural Light. The Five-Piece Ensuite Bath Offers A Spa-Like Experience, While The Walk-In Closet Ensures Ample Storage. Each Of The Remaining Bedrooms Are Generously Sized, Equipped With Double Closets, And Features A Four-Piece Ensuite Bathroom, Ensuring Comfort. The Lower Level Is An Entertainer's Paradise, Boasting A Massive Recreation Room With Coffered Ceilings, A Wet Bar, And A Complete Kitchen. This Versatile Space Is Ideal For Hosting Large Gatherings. Outside, The Backyard Oasis Awaits. A Beautiful Patio Offers The Perfect Spot For Al Fresco Dining And Summer Barbecues, While The Pool Invites You To Cool Off And Relax. This Exquisite Property Combines Luxury And Functionality. Just Minutes To Top Schools, Shops, Eateries, Golf & Easy Highway Access.

Key facts

Property type
Detached, 2-Storey
MLS®
C13462116
Bedrooms
7 (6 + 1)
Bathrooms
10 (2 half)
Size
5,000 sq ft
Lot
100.27 × 203.88 ft
Cross streets
York Mills/Bayview
Parking
4 garage · 10 parking (built-in)
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$34,591 / 2025
Days on market
30
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Living RoomMain7.26 × 7.16 m

gas fireplace · combined w/sunroom · vaulted ceiling(s)

LibraryMain8.51 × 4.47 m

gas fireplace · b/i shelves · picture window

BathroomSecond6.81 × 5.41 m

4 pc ensuite · hardwood floor · double closet

Bedroom 4Second5.36 × 4.55 m

double closet · 4 pc ensuite · hardwood floor

Dining RoomMain7.16 × 4.42 m

crown moulding · overlooks garden · hardwood floor

Bedroom 3Second5.77 × 4.55 m

4 pc ensuite · hardwood floor · double closet

Primary BedroomSecond8.41 × 4.98 m

vaulted ceiling(s) · walk-in closet(s) · 5 pc ensuite

KitchenMain9.27 × 4.55 m

skylight · centre island · breakfast area

Bedroom 2Second4.72 × 4.57 m

hardwood floor · 4 pc ensuite · double closet

Family RoomMain7.11 × 4.55 m

hardwood floor · w/o to yard · built-in speakers

RecreationLower6.88 × 6.88 m

wet bar · fireplace · hardwood floor

Bedroom 5Second4.75 × 4.29 m

hardwood floor · double closet · 4 pc ensuite

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

On schools, this address is zoned for York Mills Collegiate Institute, 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in St. Andrew-Windfields · asking prices
$7.23Mavg asking

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

48 Wimpole Drive$7.38M2706 Bayview Avenue$4.10M15 Sulgrave Crescent$10.20M

The 3 closest active listings nearby.

See all comparable homes
7.00MThis home7.38M4.10M10.20MThis home vs active comparables
Live market pulseActive comparables in St. Andrew-Windfields · median list $8.89M
$1,399this home / sqft
5active listings nearby
30days on market

This home lists 28% below the area average of $1,943/sqft.

29 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

St. Andrew-Windfields, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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
Lawrence Park South
$2.13M
Newtonbrook West
$1.75M
Wexford-Maryvale
$865K
High Park-Swansea
$2.30M

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 Harrison Public School
82%
Harrison Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 82% meet the provincial standard
Park Lane Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$31,881/mo
$1307KIncome needed
5.4×Price ÷ income
$7,357Weekly 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 $31,881Property tax $2,883Total carry $34,763

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$29,862per month

Mortgage amount $5,596,000 · 4.14% over 25 years

$1,399,000Down payment (20.0%)
$5,596,000Loan before insurance
$0CMHC premium
$32,745Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$29,862
Property tax
$2,883
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$32,745

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

One-time closing costs

Ontario land transfer tax
$161,350
Toronto municipal land transfer tax
$251,200
Estimated closing costs
$412,550

Plus your down payment of $1,399,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$36,271/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

$3,362,700Total interest paid
$8,958,700Total of all payments
Principal $5,596,000 Interest $3,362,700
YearPrincipalInterestBalance
1$131,095$227,253$5,464,905
2$136,578$221,770$5,328,327
3$142,291$216,057$5,186,035
4$148,243$210,105$5,037,792
5$154,444$203,904$4,883,348
6$160,904$197,444$4,722,444
7$167,634$190,713$4,554,809
8$174,646$183,702$4,380,163
9$181,952$176,396$4,198,211
10$189,562$168,786$4,008,649
11$197,491$160,857$3,811,158
12$205,752$152,596$3,605,405
13$214,359$143,989$3,391,047
14$223,325$135,023$3,167,722
15$232,666$125,682$2,935,056
16$242,398$115,950$2,692,658
17$252,537$105,811$2,440,120
18$263,101$95,247$2,177,020
19$274,106$84,242$1,902,914
20$285,571$72,777$1,617,343
21$297,516$60,832$1,319,826
22$309,961$48,387$1,009,866
23$322,926$35,422$686,940
24$336,434$21,914$350,506
25$350,506$7,842$0

At the end of your 5-year term

Total paid over the term
$1,791,740
Principal paid down
$712,652
Interest paid
$1,079,088
Balance remaining
$4,883,348

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$10,500/mo
$126,000Gross annual rent
1.1%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.

1.8%
Gross yield
− Property tax $34,591− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $76,149

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.

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