55 Foxwarren Drive, Toronto, ON
Bayview Village, Toronto · MLS® C13473252
About this home
In short
- Unique opportunity in desirable Bayview Village.
- This prime 62 x 118 ft corner lot is a fantastic opportunity to invest, renovate, or build new.
- Ideally situated within the proposed Major Transit Station Area (MTSA) zoning at Bayview Station, offering exceptional future development potential with permissions...
- With a separate entrance, the bright, fully finished basement with 2 bedrooms, large recreation area and above-grade windows, provides an additional 1,600 sq ft of...
- An unbeatable location just minutes to the Bayview TTC subway station, Highway 401, and a wealth of nearby amenities.
Unique opportunity in desirable Bayview Village! This prime 62 x 118 ft corner lot is a fantastic opportunity to invest, renovate, or build new. Surrounded by multi-million dollar homes and top-rated schools, this well-maintained 3+2 bedroom bungalow with attached 2-car garage offers exceptional value for a variety of buyer needs. Ideally situated within the proposed Major Transit Station Area (MTSA) zoning at Bayview Station, offering exceptional future development potential with permissions for building up to 4 storeys and a height of 13 metres. Located within the highly sought-after Earl Haig Secondary School district, this home offers over 1,600 sq. ft. on a single level with a bright and welcoming layout. The inviting living room features a cozy fireplace and a large picture window overlooking the front yard. A dedicated dining area flows seamlessly into the spacious eat-in kitchen. Generous-sized bedrooms provide abundant natural light and ample closet space. With a separate entrance, the bright, fully finished basement with 2 bedrooms, large recreation area and above-grade windows, provides an additional 1,600 sq ft of comfortable living space. An excellent opportunity for rental income or multi-generational living. An unbeatable location just minutes to the Bayview TTC subway station, Highway 401, and a wealth of nearby amenities. Just steps to Bayview Village Shopping Centre, Loblaws, LCBO, public library, parks, schools, Bayview Village Tennis Club, Elkhorn Public School, St. Gabriel Catholic School and Church, Bayview Middle School, restaurants, shops, and much more.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13473252
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 62 × 118 ft
- Cross streets
- Bayview & Sheppard
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,301 / 2025
- Days on market
- 81
- Listing brokerage
- OULAHEN TEAM REALTY INC.
Rooms
laminate · above grade window · large closet
hardwood floor · large closet · large window
ceramic floor · closet · window
vinyl floor · separate shower · laundry sink
laminate · above grade window · large closet
vinyl floor · wet bar · b/i shelves
eat-in kitchen · ceramic backsplash · window
hardwood floor · large closet · large window
hardwood floor · large closet · large window
hardwood floor · window · step-up
hardwood floor · bay window · fireplace
above grade window · open concept · laminate
Listed at $1,499,999 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.56M, typically $1.47M to $1.69M. Comparable closings on their own put this home around $1.70M, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.
Second read, from the city assessment: $1.60M. 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.
Total price vs nearby homes. Fair value about $1.56M, median of 52 comparables.
The market behind the math:
About 1.1 months of inventory: 7 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $857/sqft against an area asking average of $1,110/sqft. Size and $/sqft both feed the estimate above.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
- Ravine / green setting. This home sits beside Hawksbury Park. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 $1.60M, a close match.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
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.
Based on 52 comparable homes that sold in Bayview Village over the past two years, from 107 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,018/sqft; this home lists at $857/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $1,199,999 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,469
- Property tax
- $858
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,328
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,475
- Toronto municipal land transfer tax
- $26,475
- Estimated closing costs
- $52,950
Plus your down payment of $300,000. 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
- $388,160
- Principal paid down
- $151,029
- Interest paid
- $237,131
- Balance remaining
- $1,048,970
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe 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 $5,010. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of OULAHEN TEAM REALTY INC.. MLS®/PropTx.