5 Glenelia Avenue, Toronto, ON

Bayview Woods-Steeles, Toronto · MLS® C13587044

$4,180,000
For Sale
Listed 1 day ago
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5Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Remarkable residence on a premium 65' south-facing lot in prime North York. Showcasing refined interior design and exceptional craftsmanship with soaring 14' ceilings on the main floor, a 4-level elevator, elegant wainscoting, coffered ceilings, built-in speakers, and smart home automation. The chef-inspired kitchen features an oversized quartz centre island, prep sink, and bright breakfast area. A sophisticated panelled office with fireplace and feature wall adds timeless elegance. The private primary retreat offers a gas fireplace, skylit his & hers walk-in closets, and a spa-inspired 7-piece ensuite. Additional highlights include heated floors in all ensuite bathrooms, radiant heated basement floors, dual HVAC systems, two laundry areas, a mudroom with side entrance, EV charger, and an in-ground sprinkler system. Conveniently located near top-rated public and private schools. Impeccably maintained and move-in ready.

Key facts

Property type
Detached, 2-Storey
MLS®
C13587044
Bedrooms
5 (4 + 1)
Bathrooms
7 (1 half)
Size
3500-5000
Lot
63.02 × 143 ft
Cross streets
Bayview Ave And Cummer Ave
Parking
2 garage · 6 parking (built-in)
Basement
Separate Entrance, Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Brick, Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$21,784 / 2026
Days on market
1
Listing brokerage
CENTURY 21 MYPRO REALTY

Rooms

KitchenMain6.20 × 5.23 m

breakfast area · centre island · quartz counter

Living RoomMain5.00 × 5.90 m

gas fireplace · wainscoting · coffered ceiling(s)

Exercise RoomBasement5.08 × 3.23 m

glass doors · built-in speakers · pot lights

Dining RoomMain5.00 × 4.20 m

hardwood floor · built-in speakers · combined w/living

RecreationBasement11.41 × 5.80 m

gas fireplace · wet bar · w/o to yard

Bedroom 4Second4.69 × 4.09 m

4 pc ensuite · walk-in closet(s) · pot lights

Primary BedroomSecond6.80 × 5.42 m

gas fireplace · 7 pc ensuite · walk-in closet(s)

Bedroom 5Basement4.80 × 3.90 m

4 pc ensuite · tile floor · pot lights

Bedroom 3Second4.75 × 5.00 m

4 pc ensuite · walk-in closet(s) · pot lights

Bedroom 2Second6.12 × 5.50 m

4 pc ensuite · walk-in closet(s) · pot lights

LibraryIn Between6.10 × 5.47 m

fireplace · b/i bookcase · pot lights

Family RoomMain5.36 × 5.30 m

gas fireplace · w/o to deck · built-in speakers

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3.37Mest. value

Listed at $4,180,000, this home is about 24% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Bayview Woods-Steeles lately, sellers have been getting about 95% of asking and homes sell in about 31 days.

There were not many closely comparable homes right in Bayview Woods-Steeles, so I widened the search to the surrounding area.

Based on 89 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 89 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.60M, a close match.

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 $4.16M
  • Adjusts to $4.16M

That comparable adjusts to $4.16M; the $3.37M estimate above is the median of all 89 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.

Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$2.93MGreat deal$4.18MOverpriced

Total price vs nearby homes. Fair value about $3.37M, median of 89 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.

  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Comparable listingsCurrently listed nearby in Bayview Woods-Steeles · asking prices
$3.10Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

29 Ballyconnor Court$3.49M8 Foxdale Court$2.79M9 Lonergan Crescent$3.74M73 Garnier Court$2.39M

The 4 closest active listings nearby.

See all comparable homes
4.18MThis home3.49M2.79M3.74M2.39MThis home vs active comparables
Live market pulseActive comparables in Bayview Woods-Steeles · median list $1.90M
$984this home / sqft
9active listings nearby
1days on market
98sold nearby · 90 days
$1.74Mmedian sold price
95%of asking, on average

0 days faster than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Bayview Woods-Steeles, 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.

Nearby neighbourhoods

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

Willowdale East
$3.00M
L'Amoreaux
$1.54M
Bedford Park-Nortown
$4.46M
East York
$925K
Highland Creek
$1.60M

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 Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 0.9 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$19,051/mo
$786KIncome needed
5.3×Price ÷ income
$4,396Weekly 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.

91%mortgage
Mortgage $19,051Property tax $1,815Total carry $20,866

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17,845per month

Mortgage amount $3,344,000 · 4.14% over 25 years

$836,000Down payment (20.0%)
$3,344,000Loan before insurance
$0CMHC premium
$19,660Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,845
Property tax
$1,815
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19,660

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

One-time closing costs

Ontario land transfer tax
$90,975
Toronto municipal land transfer tax
$104,575
Estimated closing costs
$195,550

Plus your down payment of $836,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$21,674/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

$2,009,448Total interest paid
$5,353,448Total of all payments
Principal $3,344,000 Interest $2,009,448
YearPrincipalInterestBalance
1$78,338$135,800$3,265,662
2$81,615$132,523$3,184,046
3$85,029$129,109$3,099,017
4$88,586$125,552$3,010,432
5$92,291$121,847$2,918,141
6$96,151$117,986$2,821,989
7$100,173$113,965$2,721,816
8$104,363$109,775$2,617,453
9$108,729$105,409$2,508,724
10$113,277$100,861$2,395,447
11$118,015$96,123$2,277,432
12$122,951$91,187$2,154,481
13$128,094$86,044$2,026,387
14$133,452$80,686$1,892,935
15$139,034$75,104$1,753,900
16$144,850$69,288$1,609,051
17$150,909$63,229$1,458,142
18$157,221$56,917$1,300,921
19$163,797$50,341$1,137,124
20$170,649$43,489$966,475
21$177,787$36,351$788,688
22$185,223$28,915$603,465
23$192,971$21,167$410,494
24$201,042$13,095$209,452
25$209,452$4,686$0

At the end of your 5-year term

Total paid over the term
$1,070,690
Principal paid down
$425,859
Interest paid
$644,830
Balance remaining
$2,918,141

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$7,350/mo
$88,200Gross annual rent
1.3%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.

2.1%
Gross yield
− Property tax $21,784− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $55,314

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.

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