24 Burleigh Heights Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13492008

$1,650,000
For Sale
Listed 26 days ago
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4Bedrooms
3Bathrooms
2Garage · 6 parking
1500-2000Sq Ft

About this home

Fabulous Opportunity in Bayview Village! Welcome to Burleigh Heights Drive, one of the most desirable and sought-after streets in prestigious Bayview Village. This charming bungalow sits on a spectacular 50' x 120' lot, offering endless potential for builders, renovators, or end users alike. Renovate to your taste or build your dream home in this prime location surrounded by custom luxury residences. The property features a solid, well-maintained home with a functional layout and mature, private backyard-perfect canvas for your future vision. Enjoy the serenity of this quiet, tree-lined street while being just minutes to Bayview Village Shopping Centre, subway, parks, top-ranked schools, and major highways. Don't miss this rare opportunity to invest, rebuild, or reimagine in one of Toronto's premier neighborhoods!

Key facts

Property type
Detached, Bungalow
MLS®
C13492008
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1500-2000
Lot
50 × 120 ft
Cross streets
Bayview Ave & Burleigh Heights Drive
Parking
2 garage · 6 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block, Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,406 / 2025
Days on market
26
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Dining RoomMain3.20 × 3.00 m
Living RoomMain5.40 × 4.10 m
Primary BedroomMain3.90 × 3.51 m
Bedroom 2Main3.80 × 2.65 m
Bedroom 4Basement4.00 × 3.00 m
Bedroom 3Main3.10 × 3.00 m
KitchenMain3.80 × 4.80 m
Moe’s TakeTeam Asgarian · Broker
In line
$1.41Mest. value

Listed at $1,650,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

In Bayview Village lately, sellers have been getting about 96% of asking and homes sell in about 31 days.

Based on 68 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 68 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.65M, a bit higher. 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, sold for $1.35M
  • Adjusts to $1.35M

That comparable adjusts to $1.35M; the $1.41M estimate above is the median of all 68 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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.

List price
$964KGreat deal$1.68MOverpriced

Total price vs nearby homes. Fair value about $1.41M, median of 68 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. 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
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$1.85Mavg asking

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

28 Bunty Lane$1.50M14 Heathview Avenue$2.29M46 Palomino Crescent$1.80M55 Foxwarren Drive$1.50M25 Burbank Drive$2.15M

The 5 closest active listings nearby.

See all comparable homes
1.65MThis home1.50M2.29M1.80M1.50M2.15MThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $1.80M
$943this home / sqft
9active listings nearby
26days on market
100sold nearby · 90 days
$1.73Mmedian sold price
96%of asking, on average

This home lists 24% below the area average of $1,246/sqft.

25 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 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.

Willowdale East
$3.00M
Bedford Park-Nortown
$4.46M
L'Amoreaux
$1.54M
East York
$925K
Highland Creek
$1.60M

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 · 1.2 km awayHigher-rated than most nearby · 85% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$7,520/mo
$318KIncome needed
5.2×Price ÷ income
$1,735Weekly 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.

90%mortgage
Mortgage $7,520Property tax $867Total carry $8,387

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,044per month

Mortgage amount $1,320,000 · 4.14% over 25 years

$330,000Down payment (20.0%)
$1,320,000Loan before insurance
$0CMHC premium
$7,911Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,044
Property tax
$867
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,911

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

One-time closing costs

Ontario land transfer tax
$29,475
Toronto municipal land transfer tax
$29,475
Estimated closing costs
$58,950

Plus your down payment of $330,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,556/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

$793,203Total interest paid
$2,113,203Total of all payments
Principal $1,320,000 Interest $793,203
YearPrincipalInterestBalance
1$30,923$53,605$1,289,077
2$32,217$52,312$1,256,860
3$33,564$50,964$1,223,296
4$34,968$49,560$1,188,328
5$36,431$48,097$1,151,898
6$37,955$46,574$1,113,943
7$39,542$44,986$1,074,401
8$41,196$43,332$1,033,205
9$42,919$41,609$990,286
10$44,714$39,814$945,571
11$46,585$37,943$898,986
12$48,533$35,995$850,453
13$50,563$33,965$799,890
14$52,678$31,850$747,211
15$54,882$29,646$692,329
16$57,178$27,351$635,152
17$59,569$24,959$575,582
18$62,061$22,467$513,521
19$64,657$19,871$448,865
20$67,361$17,167$381,503
21$70,179$14,349$311,324
22$73,114$11,414$238,210
23$76,173$8,355$162,037
24$79,359$5,169$82,678
25$82,678$1,850$0

At the end of your 5-year term

Total paid over the term
$422,641
Principal paid down
$168,102
Interest paid
$254,538
Balance remaining
$1,151,898

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

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.

2.3%
Gross yield
− Property tax $10,406− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $21,836

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

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