79 Heathview Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13639426

$1,588,000
For Sale
Listed 37 days agoNo offer date stated
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4Bedrooms
2Bathrooms
1Garage · 5 parking
1500-2000Sq ft

About this home

In short

  • Welcome to 79 Heathview Avenue Updated and Renovated - Wonderful family Home in the Highly Sought-After Bayview Village community on a formal 50 x120ft, regular...
  • A welcoming foyer and boasting open concept living and dining room area provide comfort and functionality for family living.
  • The main floor den provides a private space for a work-from-home with a separate entrance.
  • Nearby amenities include parks, ravine, schools, shopping centres, and a wide selection of dining options, offering both convenience and a strong sense of community.

Welcome to 79 Heathview Avenue ** Updated and Renovated - Wonderful family Home in the Highly Sought-After Bayview Village community on a formal 50 x120ft, regular land, lovely-maintained by its owner for 37-year, making it an attractive option for those looking to move-in, invest, or build new in an area surrounded by multi-million dollars custom luxury home. and situated on a quiet and convenient family-friendly street. This home offers a practical and comfortable layout, plenty of natural light throughout and airy atmosphere, creating a warm and happy vibe. A main level walk-out to the private- a fully-fenced backyard provides a great space for outdoor relaxation or entertaining. A welcoming foyer and boasting open concept living and dining room area provide comfort and functionality for family living. Upper level, three bedrooms provide private spaces for rest and reflection of family members. The main floor den provides a private space for a work-from-home with a separate entrance. The recreation room offers an extra space for family's additional living spaces. Nearby amenities include parks, ravine, schools, shopping centres, and a wide selection of dining options, offering both convenience and a strong sense of community. Whether you're looking to move-in, generate income, or explore future development possibilities, this property presents outstanding value in a prime location and neighbourhood.

Key facts

Property type
Detached, Sidesplit 4
MLS®
C13639426
Bedrooms
4
Bathrooms
2 (1 half)
Size
1500-2000 sq ft
Lot
50 × 120 ft
Cross streets
W.Bayview Ave/S.Finch Ave E/N.Sheppard Ave E
Parking
1 garage · 5 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Shingles
Sewer
Sewer
Property tax
$9,208 / 2026
Days on market
37
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

FoyerGround3.00 × 2.44 m

ceramic floor · closet

Dining RoomMain3.63 × 2.76 m

hardwood floor · open concept · window

Primary BedroomUpper3.68 × 3.40 m

hardwood floor · window · closet

Bedroom 2Upper4.09 × 3.33 m

hardwood floor · closet · window

KitchenMain3.50 × 3.12 m

eat-in kitchen · window · overlooks backyard

RecreationBasement5.61 × 4.02 m

fireplace · window · broadloom

LaundryBasement5.61 × 3.66 m

open concept · window

DenMain3.48 × 2.26 m

hardwood floor · window · overlooks backyard

Living RoomMain5.56 × 5.20 m

fireplace · hardwood floor · bay window

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 $1.51M to $1.75M. Comparable closings on their own put this home around $1.65M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $1.43M. 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
$1.51MBelow recent closings$1.75MAbove recent closings

Total price vs nearby homes. Fair value about $1.61M, median of 52 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
37days on market so far
$4,910/moest. rent · 41 leases
3.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 33 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 $1,104/sqft. Size and $/sqft both feed the estimate above.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

I take the 52 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 $1.43M, 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
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 52 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
$1.66Mavg 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 $1.65M, which is where my estimate comes from.

Per square foot, these ask about $1,005/sqft; this home lists at $907/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.59MThis home1.43M1.60M1.50M1.80M1.98MThis 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 · 1.7 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
Finch Public School · Public elementary0.7 km · 72% at standard
Lester B Pearson Elementary School · Public elementary0.8 km · 92% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.0 km · 74% at standard
Bayview Middle School · Public elementary1.0 km · 80% at standard
Cummer Valley Middle School · Public elementary1.3 km · 79% at standard
Pineway Public School · Public elementary1.5 km · 48% at standard
Hollywood Public School · Public elementary1.7 km · 96% at standard
Zion Heights Middle School · Public elementary1.8 km · 93% at standard
Steelesview Public School · Public elementary1.9 km · 85% at standard
St Gabriel Catholic School · Catholic elementary1.9 km · 70% at standard
St Agnes Catholic School · Catholic elementary2.0 km · 82% at standard
Avondale Secondary Alternative School · Public secondary2.1 km

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

Affordability & Mortgage

Affordability
$7,238/mo
$304KIncome 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 $767Total carry $8,005

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
$7,616Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,849
Property tax
$767
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,616

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 41 whole-home leases in Bayview Village$4,910/mo
$58,920Gross annual rent
2.6%Cap rate after taxes and upkeep
$4,569 to $5,721Typical 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 41 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 $4,910. 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 $9,208− Insurance $1,400− Vacancy & upkeep $6,481Net operating income $41,831

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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