46 Palomino Crescent, Toronto, ON
Bayview Village, Toronto · MLS® C13583776
About this home
Welcome to 46 Palomino Crescent, an exceptional bungalow on a rare premium lot in the heart of prestigious Bayview Village. Beautifully maintained and move in ready, this home offers the perfect combination of comfort, lifestyle, and outstanding future potential. The bright, open-concept main floor features gleaming hardwood floors throughout, a skylight that fills the home with natural light, a cozy gas fireplace, and a beautifully updated kitchen complete with brand new stainless steel appliances. Designed for both everyday living and effortless entertaining, the functional layout is warm, inviting, and timeless. The finished walk-up basement provides incredible flexibility with direct access to the backyard, making it ideal for an in-law suite, recreation room, home office, gym, or additional living space. Step outside to your private backyard retreat, complete with an inground pool and expansive outdoor space perfect for relaxing, entertaining, and making unforgettable memories. The premium lot widens to approximately 80 feet at the rear and extends 140 feet along the north side, offering exceptional privacy, outdoor enjoyment, and outstanding redevelopment potential. A truly rare bonus, a building permit, giving the opportunity to expand, or build a custom dream home for review and verification. Perfectly positioned on the boundary of the highly sought-after Earl Haig Secondary School district and just steps to Bayview Middle School, this home offers access to one of Toronto's most desirable school communities. Conveniently located close to Bayview Village Shopping Centre, parks, TTC, restaurants, and major highways. Whether you're looking for a beautiful home to enjoy today, a premium building lot, or a property with exceptional long-term potential, this is a rare opportunity in one of Toronto's most prestigious neighbourhoods.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13583776
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 41.8 × 121 ft
- Cross streets
- Bayview & Sheppard
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $12,292 / 2025
- Days on market
- 2
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
tile floor · walk-up · 3 pc bath
Skylight
Gas Fireplace
panelled · b/i bookcase
2 Pc Ensuite
Panelled
Sliding Doors
Listed at $1,798,000, this home is about 27% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,027/sqft) is below the area, so you are paying for extra space rather than a premium.
In Bayview Village lately, sellers have been getting about 96% of asking and homes sell in about 40 days.
Based on 43 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 43 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.01M, higher than the comparables and worth a second look.
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 $1.78M
- Bedrooms +$41K
- Adjusts to $1.82M
That comparable adjusts to $1.82M; the $1.41M estimate above is the median of all 43 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.
Total price vs nearby homes. Fair value about $1.41M, median of 43 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 17% below the area average of $1,236/sqft.
1 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & 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.
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 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,438,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,676
- Property tax
- $1,024
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,700
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,435
- Toronto municipal land transfer tax
- $32,435
- Estimated closing costs
- $64,870
Plus your down payment of $359,600. 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
- $460,550
- Principal paid down
- $183,181
- Interest paid
- $277,370
- Balance remaining
- $1,255,219
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.