24 Burleigh Heights Drive, Toronto, ON
Bayview Village, Toronto · MLS® C13492008
About this home
In short
- Fabulous Opportunity in 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.
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
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- 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
- 78
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
Listed at $1,650,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.66M, typically $1.49M to $1.80M. Comparable closings on their own put this home around $1.67M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $1.63M. 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 $1.66M, median of 45 comparables.
The market behind the math:
About 1.2 months of inventory: 8 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 $943/sqft against an area asking average of $1,192/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 45 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 $1.63M, a close match.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can 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
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 45 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 $964/sqft; this home lists at $943/sqft. Size is part of the price story, not just the sticker.
The 5 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,320,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,116
- Property tax
- $867
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,983
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
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
- $426,976
- Principal paid down
- $166,132
- Interest paid
- $260,844
- Balance remaining
- $1,153,868
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 34 whole-home leases in Bayview Village signed at a median of $4,844 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,050. 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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.