80 Forest Grove Drive, Toronto, ON
Bayview Village, Toronto · MLS® C13640352
About this home
Exquisitely Crafted Home Nestled On Prestigious Forest Grove Dr. at Bayview village neighborhood, 80 x 526.33 feet, lot on a tranquil cul-de-sac, Luxurious Living Space In Natural Light W Floor To Ceiling Windows & Breathtaking Ravine Views form Living/Dining, 2 bedrooms and office. Backing on DON RIVER, Offering the Feel of a serene Green Cottage Right In the City, Spacious Decks W/Breath-taking Unobstructed nature view, Modern Kitchen, 21'Cathedral ceiling, Custom built, Hardwood front Door and interior doors and much more....
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13640352
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 80 × 526.33 ft
- Cross streets
- BAYVIEW/SHEPPARD
- Parking
- 2 garage · 8 parking (built-in)
- Driveway
- Private
- Basement
- Finished, Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $20,465 / 2025
- Days on market
- 37
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
hardwood floor · cathedral ceiling(s) · window
hardwood floor · 3 pc ensuite · overlooks ravine
overlooks ravine · 5 pc bath · walk-in closet(s)
b/i shelves · led lighting
b/i vanity · above grade window · separate room
access to garage · hardwood floor · cathedral ceiling(s)
double closet · overlooks ravine · casement windows
casement windows · w/o to yard · gas fireplace
b/i appliances · open concept · modern kitchen
hardwood floor · overlooks ravine · 2 way fireplace
2 way fireplace · cathedral ceiling(s) · led lighting
hardwood floor · overlooks ravine · w/o to deck
Listed at $4,388,000. My estimate lands at $2.35M, so the ask sits about 87% 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: $3.44M. That is about 47% 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 $2.35M, median of 18 comparables.
The market behind the math:
About 1.3 months of inventory: 9 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 $1,596/sqft against an area asking average of $944/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.
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 $3.44M, higher than the comparables and worth a second look.
What the listing highlights3 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
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. 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 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 $2.35M, which is where my estimate comes from.
Per square foot, these ask about $772/sqft; this home lists at $1,596/sqft. Size is part of the price story, not just the sticker.
The 4 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 $3,510,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $18,925
- Property tax
- $1,705
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $20,630
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $96,175
- Toronto municipal land transfer tax
- $113,935
- Estimated closing costs
- $210,110
Plus your down payment of $877,600. 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
- $1,135,498
- Principal paid down
- $441,811
- Interest paid
- $693,687
- Balance remaining
- $3,068,589
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 13 whole-home leases in Bayview Village signed at a median of $5,512 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,610. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.