46 Palomino Crescent, Toronto, ON
Bayview Village, Toronto · MLS® C13583776
About this home
In short
- Welcome to 46 Palomino Crescent, an exceptional bungalow on a rare premium lot in the heart of prestigious Bayview Village.
- 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...
- Step outside to your private backyard retreat, complete with an inground pool and expansive outdoor space perfect for relaxing, entertaining, and making unforgettable...
- 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...
- A truly rare bonus, a building permit, giving the opportunity to expand, or build a custom dream home for review and verification.
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
- 3+2 (5 total)
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- 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
- 53
- 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 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.80M, typically $1.70M to $1.94M. Comparable closings on their own put this home around $1.79M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $1.91M. 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 $1.80M, 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 $1,027/sqft against an area asking average of $1,086/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Bayview Village: 20 of the 136 detached leases here lately were basement units, around $2,000 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 $1.91M, 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.
- 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
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 $962/sqft; this home lists at $1,027/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
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 $1,438,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,755
- Property tax
- $1,024
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,779
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
- $465,275
- Principal paid down
- $181,034
- Interest paid
- $284,241
- Balance remaining
- $1,257,366
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
The suite is real income here: basements rent in Bayview Village (20 of 136 recent detached leases were basement units, around $2,000 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,000 a month on top of the upper floors. Permitted use is worth confirming with the city.
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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.