225 Pineway Boulevard, Toronto, ON
Bayview Woods-Steeles, Toronto · MLS® C13653768
About this home
In short
- Exceptional opportunity to own this spacious and well-maintained semi-detached home in a highly sought-after, family-friendly neighbourhood.
- Separate entrance with side glass door offers excellent income potential, complete with a thoughtfully designed 3-bedroom basement layout.
- Roof replaced in 2024 for added peace of mind.
- Ideally located just steps to Bestview Hiking Trail and minutes to public transit, Leslie GO Station, supermarkets, shopping plazas, restaurants, top-rated schools...
Exceptional opportunity to own this spacious and well-maintained semi-detached home in a highly sought-after, family-friendly neighbourhood. Featuring bamboo flooring on the main level, a bright and inviting living room with walk-out to a private balcony, and a functional eat-in kitchen. Separate entrance with side glass door offers excellent income potential, complete with a thoughtfully designed 3-bedroom basement layout. Roof replaced in 2024 for added peace of mind. Ideally located just steps to Bestview Hiking Trail and minutes to public transit, Leslie GO Station, supermarkets, shopping plazas, restaurants, top-rated schools, and Seneca College. Situated within the prestigious A.Y. Jackson Secondary School district. A fantastic opportunity for end-users and investors alike!
Key facts
- Property type
- Semi-Detached, Bungalow
- MLS®
- C13653768
- Bedrooms
- 3+3 (6 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 30 × 120 ft
- Cross streets
- Leslie St. & Cummer Ave.
- Parking
- 1 garage · 3 parking (built-in)
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,535 / 2025
- Days on market
- 36
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
Above Grade Window
breakfast area · stainless steel appl · granite counters
combined w/living · bamboo
combined w/dining · bamboo · picture window
above grade window · laminate
above grade window · laminate
bamboo · large closet
bamboo · closet
above grade window · laminate
bamboo · closet
Listed at $958,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $962K, typically $896K to $1.04M. Comparable closings on their own put this home around $971K, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $1.04M. 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.
Total price vs nearby homes. Fair value about $962K, median of 5 comparables.
The market behind the math:
About 1.5 months of inventory: 5 semi-detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $737/sqft against an area asking average of $702/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 3 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Bayview Woods-Steeles: 11 of the 41 detached leases here lately were basement units, around $1,800 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.
How this estimate is builtthe short version
I take the 5 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 $1.04M, a close match.
What the listing highlights2 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
- 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 Zion Heights Middle 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
This listing did not confirm square footage, so I compared on beds, baths, and location instead of size. Confirm the size to sharpen this.
There were not many closely comparable homes right in Bayview Woods-Steeles, so I widened the search to the surrounding area.
Based on 4 homes sold on this street over the past two years, plus 1 nearby in Bayview Woods-Steeles, from 28 closings in Bayview Woods-Steeles.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $971K, which is where my estimate comes from.
Per square foot, these ask about $703/sqft; this home lists at $737/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Bayview Woods-Steeles, 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
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 $766,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,132
- Property tax
- $461
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,593
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,635
- Toronto municipal land transfer tax
- $15,635
- Estimated closing costs
- $31,270
Plus your down payment of $191,600. 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
- $247,905
- Principal paid down
- $96,457
- Interest paid
- $151,448
- Balance remaining
- $669,943
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 Woods-Steeles (11 of 41 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 5 whole-home leases in Bayview Woods-Steeles signed at a median of $3,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,475. 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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.