91 Citation Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13463866

$2,720,000
For Sale
Listed 85 days agoNo offer date statedPrice drop likely
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4Bedrooms
5Bathrooms
2Garage · 8 parking
1500-2000Sq ft

About this home

In short

  • RARE Picturesque, captivating scenic views Newly renovated Exceptional opportunity to own a home with breathtaking natural views plus "Privacy" and "Prestige" in...
  • This extraordinary 64 x 326.99 ft. lot - Total 18,320 sq. ft.(all areas fully accessible) - ONE-OF-A-KIND size land in the area - offers an expansive parcel backing...
  • Fresh paint, new flooring & newer ceiling light fixtures, updated kitchen (2024), open-concept living/dining rooms, and a combined eat-in area.
  • The upper level offers four bedrooms, including a primary bedroom with a 3-pc ensuite & his-and-hers closets.
  • The lower level features a bright family room with massive space and leads to an open ravine-view backyard, perfect for family gatherings and private relaxation.

RARE Picturesque, captivating scenic views * Newly renovated * Exceptional opportunity to own a home with breathtaking natural views plus "Privacy" and "Prestige" in the heart of the Bayview Village neighbourhood. This extraordinary 64 x 326.99 ft. lot - Total 18,320 sq. ft.(all areas fully accessible) - ONE-OF-A-KIND size land in the area - offers an expansive parcel backing onto a natural ravine with UNIQUE scenic views throughout all four seasons, offering a remodel opportunity or to be rebuilt as a landmark estate. This unique residence boasts a split 4-level layout with 1,800 sq. ft. of living space plus a finished walk-up basement. Fresh paint, new flooring & newer ceiling light fixtures, updated kitchen (2024), open-concept living/dining rooms, and a combined eat-in area. The upper level offers four bedrooms, including a primary bedroom with a 3-pc ensuite & his-and-hers closets. The lower level features a bright family room with massive space and leads to an open ravine-view backyard, perfect for family gatherings and private relaxation. This functional layout provides flexibility for multigenerational living or a private guest area. Top-ranking public schools(Bayview MS, Earl Haig SS) and private schools(Bayview Glen School & Crescent School), easy access to highways, minutes to the subway & Go Transit. This home is suitable for end-users, families, investors, or builders looking to build a luxurious custom home. A truly hidden jewel in Bayview Village - where nature, luxury, and limitless potential come together!

Key facts

Property type
Detached, Sidesplit 4
MLS®
C13463866
Bedrooms
4
Bathrooms
5 (1 half)
Size
1500-2000 sq ft
Lot
64 × 326.99 ft
Cross streets
E.Bayview Ave/N.Sheppard Ave/W.Burbank Dr
Parking
2 garage · 8 parking (built-in)
Driveway
Private
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$13,242 / 2025
Days on market
85
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Bedroom 2Upper3.83 × 3.14 m

hardwood floor · large closet · overlooks frontyard

RecreationBasement5.14 × 4.11 m

3 pc ensuite · hardwood floor

Primary BedroomUpper4.26 × 3.26 m

3 pc ensuite · overlooks ravine · hardwood floor

Bedroom 3Upper2.93 × 2.71 m

hardwood floor · overlooks frontyard · large closet

Living RoomMain3.05 × 3.00 m

overlooks ravine · cathedral ceiling(s) · sliding doors

Family RoomLower6.19 × 3.98 m

overlooks ravine · hardwood floor · walk-out

KitchenMain4.49 × 2.40 m

stainless steel appl · updated · eat-in kitchen

Powder RoomMain0.00 × 0.00 m

2 Pc Ensuite

BathroomUpper0.00 × 0.00 m

3 pc ensuite · window

Bedroom 4Upper4.00 × 2.95 m

overlooks ravine · hardwood floor · south view

Dining RoomMain3.43 × 3.00 m

hardwood floor · open concept · combined w/living

LaundryBasement0.00 × 0.00 m

Tile Floor

Our TakeTeam Asgarian · Broker
Worth a closer look
$1.84Mest. value

Listed at $2,720,000. My estimate lands at $1.84M, so the ask sits about 47% above what comparable sales suggest. A gap that wide can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look at what justifies it before you offer. Treat the figure as a starting point: 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.

A price cut is the likelier next move. 85 days on the market against about 36 for homes like it here, and asking 47% above where comparable closings put it. That is leverage for a buyer: offer with it in mind rather than waiting for the cut, since a reduction brings new eyes with it.

Second read, from the city assessment: $2.06M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$1.74MBelow recent closings$2.72MAbove recent closings

Total price vs nearby homes. Fair value about $1.84M, median of 52 comparables.

The market behind the math:

20sold nearby · 90 days
$1.97Mmedian sold price
93%of asking, on average
−1%prices vs a year ago
~36 dayshomes like this take to sell
85days on market so far
$5,179/moest. rent · 41 leases
2.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 33 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,554/sqft against an area asking average of $1,084/sqft. Size and $/sqft both feed the estimate above.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
  • Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version

I take the 52 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $2.06M, a bit higher.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

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

Based on 52 comparable homes that sold in Bayview Village over the past two years, from 107 closings there.

What sellers nearby are askingCurrently listed nearby in Bayview Village · asking prices
$1.92Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.84M, which is where my estimate comes from.

Per square foot, these ask about $1,099/sqft; this home lists at $1,554/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.72MThis home1.95M2.29M1.98M1.80M1.60MThis home vs active comparables

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.

Newtonbrook West
$1.70M
Wexford-Maryvale
$1.10M
Clairlea-Birchmount
$833K
Centennial Scarborough
$1.14M
Birchcliffe-Cliffside
$1.25M

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 · 0.4 km awayHigher-rated than most nearby · 85% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Bayview Middle School · Public elementary0.4 km · 80% at standard
Hollywood Public School · Public elementary1.1 km · 96% at standard
Finch Public School · Public elementary1.5 km · 72% at standard
Dunlace Public School · Public elementary1.6 km · 69% at standard
Blessed Trinity Catholic School · Catholic elementary1.7 km · 53% at standard
Lescon Public School · Public elementary1.9 km · 44% at standard
Harrison Public School · Public elementary2.0 km · 82% at standard
Divine Mercy Catholic School · Catholic elementary2.0 km · 61% at standard
Lester B Pearson Elementary School · Public elementary2.0 km · 92% at standard
Dallington Public School · Public elementary2.1 km · 44% at standard
Crestview Public School · Public elementary2.2 km · 69% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary2.2 km · 74% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$12,397/mo
$510KIncome needed
5.3×Price ÷ income
$2,861Weekly cost
$108,950Land transfer tax, one-time (Ontario + Toronto)
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 $12,397Property tax $1,104Total carry $13,500

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,731per month

Mortgage amount $2,176,000 · 4.24% over 25 years

$544,000Down payment (20.0%)
$2,176,000Loan before insurance
$0CMHC premium
$12,835Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,731
Property tax
$1,104
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,835

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

One-time closing costs

Ontario land transfer tax
$54,475
Toronto municipal land transfer tax
$54,475
Estimated closing costs
$108,950

Plus your down payment of $544,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$14,234/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

$1,343,318Total interest paid
$3,519,318Total of all payments
Principal $2,176,000 Interest $1,343,318
YearPrincipalInterestBalance
1$50,276$90,497$2,125,724
2$52,430$88,342$2,073,294
3$54,677$86,096$2,018,617
4$57,020$83,753$1,961,597
5$59,463$81,310$1,902,134
6$62,011$78,762$1,840,122
7$64,668$76,104$1,775,454
8$67,439$73,333$1,708,015
9$70,329$70,444$1,637,686
10$73,343$67,430$1,564,343
11$76,485$64,288$1,487,858
12$79,763$61,010$1,408,096
13$83,180$57,592$1,324,915
14$86,745$54,028$1,238,171
15$90,462$50,311$1,147,709
16$94,338$46,435$1,053,371
17$98,380$42,393$954,991
18$102,596$38,177$852,396
19$106,992$33,781$745,404
20$111,576$29,196$633,828
21$116,357$24,415$517,470
22$121,343$19,430$396,127
23$126,543$14,230$269,584
24$131,965$8,808$137,620
25$137,620$3,153$0

At the end of your 5-year term

Total paid over the term
$703,864
Principal paid down
$273,866
Interest paid
$429,997
Balance remaining
$1,902,134

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
From 41 whole-home leases in Bayview Village$5,179/mo
$62,148Gross annual rent
1.5%Cap rate after taxes and upkeep
$4,869 to $6,021Typical rent range
~23 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 41 whole-home leases in Bayview Village signed at a median of $4,860 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,179. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.3%
Gross yield
− Property tax $13,242− Insurance $1,400− Vacancy & upkeep $6,836Net operating income $40,670

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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