98 Burbank Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13586282

$4,480,000
For Sale
Just listed today
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9Bedrooms
6Bathrooms
1Garage · 4 parking
5,000Sq Ft
7 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Visit the REALTOR website for further information about this Listing. Unique, welcoming, large executive 6500 sq ft house on three well-appointed floors with up to 9 bedrooms (3+ library or 5 BR on top floor, 2+ BR on main floor and 2 BR in the lower floor) and a large finished lower floor with kitchen & separate entrance; multiple media / family /play rooms and sitting spaces and a mini bar / tea room. Well built for the ages on concrete columns and steel beams and clad with custom cut Muskoka granite on three sides and majestic, beautiful brick on the front. White Oak floors and stairs with an elevator that has windows overlooking the street and serves all 3 floors. Large number of windows High 7 ft solid wood crafted doors including an antique ornate door with carvings on the main floor. Open main floor with 35 ft long, 800 sq ft living space merging into enormous 650 sq ft dining, an exquisite granite counter kitchen and 5 large floor-to-ceiling window sunroom space with floor to ceiling windows and twin decks on main floor and each of the upper floors. Natural light swept with enormous, beautiful Pella windows and half a dozen skylights. Large, wide corridors. High ceilings in a warm, enjoyable home with 5 mature trees and a tandem garage. There are three fireplaces. Do not miss out!

Key facts

Property type
Detached, 2-Storey
MLS®
C13586282
Bedrooms
9 (7 + 2)
Bathrooms
6
Size
5,000 sq ft
Lot
69.07 × 119.82 ft
Cross streets
Burbank Dr & Citation Dr
Parking
1 garage · 4 parking (attached)
Driveway
Front Yard Parking
Basement
Finished, Separate Entrance
Kitchens
3 (2 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete, Perimeter Wall, Slab
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$18,581 / 2025
Listing brokerage
EASY LIST REALTY LTD.

Rooms

Living RoomMain10.67 × 5.66 m
BedroomMain4.22 × 3.43 m
KitchenMain8.76 × 7.82 m
BedroomMain4.22 × 3.43 m
Living RoomBasement8.53 × 6.10 m
LaundryBasement4.80 × 2.87 m
KitchenBasement5.13 × 3.40 m
BedroomSecond7.11 × 4.55 m
BedroomBasement3.40 × 3.28 m
LibrarySecond8.76 × 4.47 m
BedroomSecond4.11 × 4.29 m
BedroomBasement4.52 × 5.61 m
Family RoomBasement4.52 × 4.11 m
Primary BedroomMain4.83 × 4.06 m
LoftMain6.02 × 3.23 m
BedroomSecond5.77 × 4.34 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$5.30Mest. value

Listed at $4,480,000, this home is tracking about 15% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 44 similar homes nearby, adjusted for size, beds, and baths.Median of 44 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.46M, lower 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, listed at $4.50M
  • Bedrooms +$120K
  • Bathrooms −$30K
  • Adjusts to $4.59M

That comparable adjusts to $4.59M; the $5.30M estimate above is the median of all 44 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

On location, this is a more car-dependent spot, so buyers here typically drive. Burbank Drive - Bessarion Station is about a 10-minute walk away. Worth weighing if transit access matters to you.

List price
$4.48MGreat deal$5.65MOverpriced

Total price vs nearby homes. Fair value about $5.30M, median of 44 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.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Elevator: rare and valuable for accessibility and resale.
  • Income potential
  • Worth verifying
  • Lifestyle
Live market pulseActive comparables in Bayview Village · median list $2.40M
$896this home / sqft
45active listings nearby

This home lists 17% below the area average of $1,074/sqft.

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.

Getting around

17/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car — groceries and transit are a drive away.

🚉 Nearest transit: Burbank Drive - Bessarion Station, about 815 m away

20+ transit stops2 grocery20+ dining20+ parks8 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale West
$1.49M
Bedford Park-Nortown
$4.08M
Lawrence Park South
$2.39M
Downsview-Roding-CFB
$899K
Birchcliffe-Cliffside
$1.43M

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

Affordability & Mortgage

Affordability
$20,418/mo
$828KIncome needed
5.4×Price ÷ income
$4,712Weekly 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.

93%mortgage
Mortgage $20,418Property tax $1,548Total carry $21,967

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$19,126per month

Mortgage amount $3,584,000 · 4.14% over 25 years

$896,000Down payment (20.0%)
$3,584,000Loan before insurance
$0CMHC premium
$20,674Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$19,126
Property tax
$1,548
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20,674

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

One-time closing costs

Ontario land transfer tax
$98,475
Toronto municipal land transfer tax
$118,075
Estimated closing costs
$216,550

Plus your down payment of $896,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$23,230/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

$2,153,666Total interest paid
$5,737,666Total of all payments
Principal $3,584,000 Interest $2,153,666
YearPrincipalInterestBalance
1$83,961$145,546$3,500,039
2$87,473$142,034$3,412,567
3$91,132$138,375$3,321,435
4$94,943$134,563$3,226,492
5$98,915$130,592$3,127,577
6$103,052$126,454$3,024,525
7$107,363$122,144$2,917,162
8$111,854$117,653$2,805,308
9$116,532$112,974$2,688,776
10$121,407$108,100$2,567,369
11$126,485$103,022$2,440,884
12$131,776$97,731$2,309,109
13$137,288$92,219$2,171,821
14$143,030$86,477$2,028,791
15$149,013$80,494$1,879,778
16$155,246$74,261$1,724,533
17$161,739$67,767$1,562,793
18$168,505$61,002$1,394,288
19$175,553$53,954$1,218,735
20$182,896$46,610$1,035,839
21$190,546$38,960$845,293
22$198,517$30,990$646,776
23$206,820$22,686$439,956
24$215,471$14,035$224,484
25$224,484$5,022$0

At the end of your 5-year term

Total paid over the term
$1,147,533
Principal paid down
$456,423
Interest paid
$691,110
Balance remaining
$3,127,577

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$10,500/mo
$126,000Gross annual rent
2.1%Est. cap rate

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 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.

2.8%
Gross yield
− Property tax $18,581− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $92,159

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EASY LIST REALTY LTD.. MLS®/PropTx.

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