29 Heathview Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13599298

$1,588,000
For Sale
Listed 50 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 5 parking
1500-2000Sq ft

About this home

In short

  • Nestled in the Prestigious Bayview Village Neighbourhood, this Detached Brick Bungalow radiates timeless elegance and charm.
  • The main floor boasts a family room addition, complete with a stone fireplace, which effortlessly flows into a double-door walkout leading to a spacious deck and a...
  • Roof (2025), Electrical Panel (2013).
  • Ideally located in one of North York's most sought-after neighbourhoods, just steps to Bayview Village Mall, Library, Parks, Restaurants, Transit, and Schools...
  • Commuters will appreciate the easy access to Highways 401, 404, 407, TTC and Finch Subway.

Nestled in the Prestigious Bayview Village Neighbourhood, this Detached Brick Bungalow radiates timeless elegance and charm. The main floor boasts a family room addition, complete with a stone fireplace, which effortlessly flows into a double-door walkout leading to a spacious deck and a private backyard. The kitchen stands as a stunning focal point, featuring elegant pendant lighting, a generous center island, granite countertops, and abundant cabinetry, all enhanced by the natural light pouring in through a stunning skylight and large casement windows. The lower level presents an ideal opportunity for multi-generational living or the potential to create an income-generating suite, ensuring this residence adapts seamlessly to your family's changing needs. Roof (2025), Electrical Panel (2013). Ideally located in one of North York's most sought-after neighbourhoods, just steps to Bayview Village Mall, Library, Parks, Restaurants, Transit, and Schools including Earl Haig. Commuters will appreciate the easy access to Highways 401, 404, 407, TTC and Finch Subway. The driveway accommodates up to 5 vehicles.**OPEN HOUSE SATURDAY 2-4 P.M.**

Key facts

Property type
Detached, Bungalow
MLS®
C13599298
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
59.04 × 125.39 ft
Cross streets
Finch Ave. and Bayview Ave.
Parking
1 garage · 5 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,561 / 2026
Days on market
50
Listing brokerage
PAUL ZAMMIT REAL ESTATE LTD.

Rooms

Bedroom 2Main3.98 × 3.00 m

hardwood floor · closet

WorkshopBasement3.68 × 6.88 m
KitchenMain3.93 × 5.41 m

granite counters · hardwood floor · skylight

Utility RoomBasement2.85 × 2.31 m
Bedroom 4Basement4.07 × 2.61 m

broadloom · 3 pc bath

Bedroom 3Main2.92 × 3.36 m

hardwood floor · closet

Living RoomMain3.98 × 5.49 m

hardwood floor · b/i bookcase · casement windows

Dining RoomMain3.98 × 2.53 m

combined w/dining · hardwood floor · wainscoting

Primary BedroomMain3.98 × 4.00 m

2 pc ensuite · hardwood floor · casement windows

RecreationBasement4.60 × 7.35 m

Laminate

LaundryBasement3.45 × 2.42 m
Family RoomMain3.93 × 4.00 m

stone fireplace · pot lights · walk-out

Our TakeTeam Asgarian · Broker
In line
$1.61Mest. value

Listed at $1,588,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.61M, typically $1.48M to $1.79M. Comparable closings on their own put this home around $1.67M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $1.49M. 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.

List price
$1.48MBelow recent closings$1.79MAbove recent closings

Total price vs nearby homes. Fair value about $1.61M, median of 43 comparables.

The market behind the math:

20sold nearby · 90 days
$1.97Mmedian sold price
93%of asking, on average
−1%prices vs a year ago
~36 dayshomes like this take to sell
50days on market so far
$4,920/moest. rent · 34 leases
3.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 8 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $907/sqft against an area asking average of $1,196/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 43 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 $1.49M, a close match.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • 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 43 comparable homes that sold in Bayview Village over the past two years, from 107 closings there.

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.

Nearby neighbourhoods

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

Newtonbrook West
$1.70M
Wexford-Maryvale
$1.10M
Clairlea-Birchmount
$833K
Centennial Scarborough
$1.14M
Birchcliffe-Cliffside
$1.25M

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 · 1.3 km awayHigher-rated than most nearby · 85% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Bayview Middle School · Public elementary0.7 km · 80% at standard
Finch Public School · Public elementary0.8 km · 72% at standard
Lester B Pearson Elementary School · Public elementary1.1 km · 92% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.4 km · 74% at standard
Hollywood Public School · Public elementary1.4 km · 96% at standard
Cummer Valley Middle School · Public elementary1.5 km · 79% at standard
St Gabriel Catholic School · Catholic elementary1.6 km · 70% at standard
Pineway Public School · Public elementary1.8 km · 48% at standard
Divine Mercy Catholic School · Catholic elementary2.0 km · 61% at standard
Zion Heights Middle School · Public elementary2.0 km · 93% at standard
Crestview Public School · Public elementary2.1 km · 69% at standard
Lescon Public School · Public elementary2.2 km · 44% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,238/mo
$305KIncome needed
5.2×Price ÷ income
$1,670Weekly cost
$56,470Land transfer tax, one-time (Ontario + Toronto)
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.

90%mortgage
Mortgage $7,238Property tax $797Total carry $8,034

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,849per month

Mortgage amount $1,270,400 · 4.24% over 25 years

$317,600Down payment (20.0%)
$1,270,400Loan before insurance
$0CMHC premium
$7,646Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,849
Property tax
$797
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,646

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

One-time closing costs

Ontario land transfer tax
$28,235
Toronto municipal land transfer tax
$28,235
Estimated closing costs
$56,470

Plus your down payment of $317,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$8,310/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

$784,261Total interest paid
$2,054,661Total of all payments
Principal $1,270,400 Interest $784,261
YearPrincipalInterestBalance
1$29,352$52,834$1,241,048
2$30,610$51,576$1,210,438
3$31,922$50,265$1,178,516
4$33,290$48,897$1,145,226
5$34,716$47,470$1,110,510
6$36,204$45,983$1,074,307
7$37,755$44,432$1,036,552
8$39,373$42,814$997,179
9$41,060$41,127$956,120
10$42,819$39,367$913,300
11$44,654$37,533$868,647
12$46,567$35,619$822,079
13$48,563$33,624$773,517
14$50,644$31,543$722,873
15$52,814$29,373$670,060
16$55,077$27,110$614,983
17$57,437$24,750$557,546
18$59,898$22,289$497,649
19$62,464$19,722$435,184
20$65,141$17,046$370,043
21$67,932$14,254$302,111
22$70,843$11,343$231,268
23$73,879$8,308$157,390
24$77,044$5,142$80,346
25$80,346$1,841$0

At the end of your 5-year term

Total paid over the term
$410,932
Principal paid down
$159,890
Interest paid
$251,042
Balance remaining
$1,110,510

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
From 34 whole-home leases in Bayview Village$4,920/mo
$59,040Gross annual rent
2.6%Cap rate after taxes and upkeep
$4,280 to $5,686Typical rent range
~23 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 34 whole-home leases in Bayview Village signed at a median of $4,806 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,920. 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.

3.7%
Gross yield
− Property tax $9,561− Insurance $1,400− Vacancy & upkeep $6,494Net operating income $41,585

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PAUL ZAMMIT REAL ESTATE LTD.. MLS®/PropTx.

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