15 Alamosa Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13627490

$1,980,000
For Sale
Listed 42 days agoNo offer date stated
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3+2Bedrooms
3Bathrooms
2Garage · 7 parking
1500-2000Sq ft

About this home

In short

  • Beautiful home in prime Bayview Village location, back onto Ravine, surrounded by mature trees, quiet seclusion of country retreat in the city. minutes to Hwy 404 &...
  • Landscaped garden with interlocking driveway & patio.
  • Renovated breezeway with direct access to the garage & extra space for storage.
  • Skylights flooded with abundant of natural light, 3 bedrooms on main floor & 2 full baths, plus 2 additional bedrooms, and a huge recreation / great room in the...

Beautiful home in prime Bayview Village location, back onto Ravine, surrounded by mature trees, quiet seclusion of country retreat in the city. minutes to Hwy 404 & close to all amenities. Freshly painted , laminated floorings thru out. Landscaped garden with interlocking driveway & patio. Renovated breezeway with direct access to the garage & extra space for storage. Skylights flooded with abundant of natural light, 3 bedrooms on main floor & 2 full baths, plus 2 additional bedrooms, and a huge recreation / great room in the finished walk-out basement for extended family, office setting or entertaining. move in and enjoy.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
C13627490
Bedrooms
3+2 (5 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
66 × 170.53 ft
Cross streets
Leslie and Finch
Parking
2 garage · 7 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,029 / 2026
Days on market
42
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

Primary BedroomMain3.83 × 3.24 m

overlooks ravine · 3 pc ensuite · large closet

LaundryBasement5.31 × 2.70 m

Cedar Closet(s)

Bedroom 3Main3.71 × 3.23 m

laminate · closet

Bedroom 4Basement4.12 × 3.91 m

laminate · above grade window

Bedroom 5Basement3.00 × 2.66 m

laminate · window

Bedroom 2Main3.01 × 3.46 m

laminate · closet

Living RoomMain6.40 × 3.95 m

overlooks ravine · w/o to deck · combined w/family

Dining RoomMain4.02 × 3.02 m

overlooks ravine · laminate · open concept

KitchenMain4.02 × 3.01 m

overlooks frontyard · breakfast area

RecreationBasement12.03 × 3.94 m

overlooks ravine · w/o to patio · picture window

Family RoomMain6.40 × 3.95 m

overlooks ravine · laminate · fireplace

Our TakeTeam Asgarian · Broker
In line
$1.95Mest. value

Listed at $1,980,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.95M, typically $1.77M to $2.12M. Comparable closings on their own put this home around $1.87M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $1.54M. That is about 18% below 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.

List price
$1.77MBelow recent closings$2.12MAbove recent closings

Total price vs nearby homes. Fair value about $1.95M, median of 38 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
42days on market so far
$4,967/moest. rent · 32 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 6 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 $1,131/sqft against an area asking average of $1,253/sqft. Size and $/sqft both feed the estimate above.

  • Walk-out basement apartment features. A finished 2 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.
How this estimate is builtthe short version

I take the 38 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 $1.54M, a bit lower.

What the listing highlights4 points to weigh

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

  • Walk-out basement: natural light and strong in-law or income potential. 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
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 38 comparable homes that sold in Bayview Village over the past two years, from 107 closings there.

What sellers nearby are askingCurrently listed nearby in Bayview Village · asking prices
$1.73Mavg asking

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 $1.87M, which is where my estimate comes from.

Per square foot, these ask about $1,175/sqft; this home lists at $1,131/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
1.98MThis home1.59M1.43M1.69M1.55M2.40MThis home vs active comparables

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 · 1.9 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
Pineway Public School · Public elementary1.0 km · 48% at standard
Crestview Public School · Public elementary1.1 km · 69% at standard
Zion Heights Middle School · Public elementary1.1 km · 93% at standard
Divine Mercy Catholic School · Catholic elementary1.2 km · 61% at standard
Lester B Pearson Elementary School · Public elementary1.2 km · 92% at standard
Cresthaven Public School · Public elementary1.3 km · 75% at standard
Don Valley Middle School · Public elementary1.5 km · 87% at standard
Lescon Public School · Public elementary1.5 km · 44% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary1.6 km
Bayview Middle School · Public elementary1.6 km · 80% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.7 km · 74% at standard
Finch Public School · Public elementary1.8 km · 72% at standard

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

Affordability & Mortgage

Affordability
$9,024/mo
$373KIncome needed
5.3×Price ÷ income
$2,083Weekly cost
$72,150Land 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.

92%mortgage
Mortgage $9,024Property tax $836Total carry $9,860

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)
$8,540per month

Mortgage amount $1,584,000 · 4.24% over 25 years

$396,000Down payment (20.0%)
$1,584,000Loan before insurance
$0CMHC premium
$9,375Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,540
Property tax
$836
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,375

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

One-time closing costs

Ontario land transfer tax
$36,075
Toronto municipal land transfer tax
$36,075
Estimated closing costs
$72,150

Plus your down payment of $396,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$10,362/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

$977,857Total interest paid
$2,561,857Total of all payments
Principal $1,584,000 Interest $977,857
YearPrincipalInterestBalance
1$36,598$65,876$1,547,402
2$38,166$64,308$1,509,236
3$39,802$62,673$1,469,434
4$41,507$60,967$1,427,927
5$43,286$59,189$1,384,641
6$45,140$57,334$1,339,501
7$47,075$55,400$1,292,426
8$49,092$53,382$1,243,334
9$51,195$51,279$1,192,139
10$53,389$49,085$1,138,750
11$55,677$46,798$1,083,073
12$58,062$44,412$1,025,011
13$60,550$41,924$964,460
14$63,145$39,329$901,315
15$65,851$36,624$835,465
16$68,672$33,802$766,792
17$71,615$30,859$695,177
18$74,684$27,791$620,494
19$77,884$24,591$542,610
20$81,221$21,253$461,389
21$84,701$17,773$376,688
22$88,331$14,144$288,357
23$92,116$10,359$196,242
24$96,063$6,412$100,179
25$100,179$2,295$0

At the end of your 5-year term

Total paid over the term
$512,371
Principal paid down
$199,359
Interest paid
$313,013
Balance remaining
$1,384,641

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 32 whole-home leases in Bayview Village$4,967/mo
$59,604Gross annual rent
2.1%Cap rate after taxes and upkeep
$4,669 to $5,708Typical rent range
~23 daysTo find a tenant, on average

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 numbers

The last 32 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 $4,967. 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.

3.0%
Gross yield
− Property tax $10,029− Insurance $1,400− Vacancy & upkeep $6,556Net operating income $41,619

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CROSSROADS REALTY INC.. MLS®/PropTx.

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