57 Sumner Heights Drive, Toronto, ON
Bayview Village, Toronto · MLS® C13602578
About this home
In short
- Welcome to 57 Summer High Drive, a beautifully renovated bi-level ranch bungalow nestled on a quiet, family-friendly cul-de-sac in the prestigious Bayview Village...
- Situated on an exceptional 60-foot premium ravine lot, this rare offering combines luxury, privacy, and one of North York's most sought-after locations.
- Thoughtfully renovated throughout, this move-in-ready home features 3 spacious bedrooms, bright and inviting principal rooms, gleaming hardwood floors, two...
- Step outside to your private retreat featuring an inground swimming pool, expansive entertaining space, and breathtaking unobstructed views of the majestic...
- A rare opportunity to own a fully renovated ravine property on a premium court in one of Toronto's most desirable neighbourhoods, offering the perfect blend of...
Welcome to 57 Summer High Drive, a beautifully renovated bi-level ranch bungalow nestled on a quiet, family-friendly cul-de-sac in the prestigious Bayview Village community. Situated on an exceptional 60-foot premium ravine lot, this rare offering combines luxury, privacy, and one of North York's most sought-after locations.Thoughtfully renovated throughout, this move-in-ready home features 3 spacious bedrooms, bright and inviting principal rooms, gleaming hardwood floors, two fireplaces, a skylight, a beautifully renovated kitchen, updated bathrooms, and new flooring throughout the walkout lower level. The unique bi-level design offers a sun-filled lower level that lives like a main floor, with seamless walkout access to a spectacular backyard oasis.Step outside to your private retreat featuring an inground swimming pool, expansive entertaining space, and breathtaking unobstructed views of the majestic ravine-offering the perfect setting for relaxing or hosting family and friends. A double-car garage and interlocking driveway with parking for up to four additional vehicles provide exceptional convenience for family living and entertaining.Located in the prestigious Bayview Village community and within the highly coveted Earl Haig Secondary School catchment-one of Toronto's most sought-after public high schools-and also served by Bayview Middle School, this exceptional home is just minutes to the prestigious Bayview Village Shopping Centre, top-rated public and private schools, Bayview and Bessarion subway stations, Highway 401, parks, hospitals, community centres, and every urban convenience.A rare opportunity to own a fully renovated ravine property on a premium court in one of Toronto's most desirable neighbourhoods, offering the perfect blend of tranquility, luxury, and exceptional convenience.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13602578
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 60 × 125 ft
- Cross streets
- Finch & Bayview
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $14,200 / 2026
- Days on market
- 49
- Listing brokerage
- SOLTANIAN REAL ESTATE INC.
Rooms
b/i range · ceramic floor · overlooks ravine
overlooks ravine · hardwood floor
gas fireplace · w/o to pool · wet bar
overlooks ravine · double closet · broadloom
broadloom · b/i closet
floor/ceil fireplace · hardwood floor · overlooks pool
b/i bookcase · b/i desk · broadloom
Listed at $2,400,000. My estimate lands at $1.64M, so the ask sits about 47% above what comparable sales suggest. A gap that wide can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look at what justifies it before you offer. Treat the figure as a starting point: tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Second read, from the city assessment: $2.13M. That is about 30% above the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.
Total price vs nearby homes. Fair value about $1.64M, median of 18 comparables.
The market behind the math:
About 1.7 months of inventory: 11 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 $1,846/sqft against an area asking average of $1,109/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. 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.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
- 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 18 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 $2.13M, higher than the comparables and worth a second look.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Bayview Village, so I widened the search to the surrounding area.
Based on 18 comparable homes that sold in Bayview Village over the past two years, from 107 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.64M, which is where my estimate comes from.
Per square foot, these ask about $1,060/sqft; this home lists at $1,846/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 $1,920,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,351
- Property tax
- $1,183
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,534
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,475
- Toronto municipal land transfer tax
- $46,475
- Estimated closing costs
- $92,950
Plus your down payment of $480,000. 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
- $621,056
- Principal paid down
- $241,647
- Interest paid
- $379,409
- Balance remaining
- $1,678,353
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 19 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 $4,129. 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 SOLTANIAN REAL ESTATE INC.. MLS®/PropTx.