53 Sumner Heights Drive, Toronto, ON
Bayview Village, Toronto · MLS® C13584584
About this home
Exceptional Character and Stunning Curb Appeal! Contemporary and Professionally Renovated Home with Over $200K Spent In Renovations!! Situated On A Prestigious Wide Lot (62.5 ' x 120 Feet) In the Heart Of Remarkable Bayview Village Area! Approx 2,200 Sq.Ft of Elegant Living Space! Partial Ravine View with Access From Backyard! Home Features Two Full Units: One in Main Floor and Another One in Lower Level with their Own Separate Entrances! Perfect for Multi-Generational Living or Rent the Lower Level for Excellent Income Potential! Main Floor with South Entrance from Sumner Heights >> Newer Quality Main Door Opens to A Foyer with Modern Glass Railing (2019) and Skylight (2022) Above, Engineered Hardwood Flooring (2019), LED Potlights (2019), and Modern Casing and Interior Doors Thru-Out, Dining Room with B/I Shelves and Walk-Out to A Family Sized Deck! Large Open Concept Living Room with Gas Fireplace and A Picturesque View of Paradise Backyard! Professionally Renovated Modern Eat-In Kitchen (2019) with Central Island, Breakfast Bar, Quality Cabinets, High-End Appliances, Quartz Counter Top and Backsplash! Two Modern Renovated Bathrooms (2019), and 3 Bedrooms Plus Rough-In for a Main Floor Laundry Completes Comfort Living in Main Floor! Fully Renovated Lower Level Basement Apartment (2014) With Separate Entrance & Ground-Level Walk-Out To Beautiful Patio & Backyard, Featuring Its Own Separate Kitchen, Modern Renovated 3-Pc Bathroom (2019), Generously Sized Bedroom with Walk-In Closet, and A Laundry with a LG Washer/Dryer (2023)! **Huge Driveway Easily Fits 6 Cars + 2 Car Garage! Highly Coveted Earl Haig School and Bayview Middle School District! No Sidewalk At All! Steps to Ravine, Trails, TTC, Shopping & All Amenities! ** A Rare Opportunity That Must Be Seen **!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13584584
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3
- Size
- 1100-1500
- Lot
- 62.5 × 120 ft
- Cross streets
- Bayview / Sheppard / Burbank
- Parking
- 2 garage · 8 parking (built-in)
- Driveway
- Available, Private Double
- Basement
- Finished with Walk-Out, Separate Entrance, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Stucco (Plaster)
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,693 / 2025
- Days on market
- 2
- Listing brokerage
- RE/MAX REALTRON BIJAN BARATI REAL ESTATE
Rooms
w/o to patio · led lighting · ceramic floor
3 pc ensuite · closet organizers · hardwood floor
gas fireplace · hardwood floor · picture window
b/i closet · led lighting · hardwood floor
w/o to deck · b/i shelves · hardwood floor
4 pc bath · closet · hardwood floor
eat-in kitchen · side door · bow window
3 pc bath · walk-in closet(s) · laminate
walk-out · gas fireplace · ceramic floor
Listed at $1,688,000, this home is about 31% above what comparable homes suggest. 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 35 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 35 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.66M, 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 $1.26M
- Bedrooms +$39K
- Bathrooms +$19K
- Adjusts to $1.32M
That comparable adjusts to $1.32M; the $1.29M estimate above is the median of all 35 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 $1.29M, median of 35 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- 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
- Open-concept layout: modern, sought-after flow. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 8% above the area average of $1,206/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 $1,350,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,206
- Property tax
- $891
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,097
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,235
- Toronto municipal land transfer tax
- $30,235
- Estimated closing costs
- $60,470
Plus your down payment of $337,600. 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
- $432,374
- Principal paid down
- $171,974
- Interest paid
- $260,400
- Balance remaining
- $1,178,426
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 BIJAN BARATI REAL ESTATE. MLS®/PropTx.