35 Geraldton Crescent, Toronto, ON

Bayview Village, Toronto · MLS® C13661570

$2,288,888
For Sale
Listed 31 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 8 parking
1500-2000Sq ft

About this home

In short

  • Stunning fully renovated side-split in the heart of Bayview Village.
  • Rebuilt with closed permits, this 4+1 bedroom home offers a bright, open-concept layout designed with architectural plans.
  • Featuring soaring ceilings up to 10 ft on the main floor and custom designer LED lighting throughout.
  • Major upgrades include a new roof and skylights (2025), a new 200-amp electrical panel with new wiring throughout, a completely updated plumbing with new underground...
  • Easily accessible to major highways, and close to excellent schools, hospitals, libraries, and shopping. with just minutes' walk to ravine trails-offering and Tennis...

Stunning fully renovated side-split in the heart of Bayview Village. Rebuilt with closed permits, this 4+1 bedroom home offers a bright, open-concept layout designed with architectural plans. Featuring soaring ceilings up to 10 ft on the main floor and custom designer LED lighting throughout. Approx. 2,550 sq. ft. of usable living space (as per owner).The entire home has been spray-foam insulated, including full insulation in all walls and ceilings, with all-new framing, windows, and doors. Major upgrades include a new roof and skylights (2025), a new 200-amp electrical panel with new wiring throughout, a completely updated plumbing with new underground drainage, a new 50-gallon hot water tank, and a waterproofed foundation with damp proofing, weeping tile, sump pump, and backflow prevention valve.This home offers two kitchens and two laundries with a separate entrance, ideal for in-law living or additional income potential. Set on a rare wide lot expanding to approximately 69 ft at the rear, the property also features a new asphalt driveway, a new deck, a fully redesigned backyard with fresh landscaping, and a private outdoor seating area with a gas line for BBQ or fire pit.Easily accessible to major highways, and close to excellent schools, hospitals, libraries, and shopping. with just minutes' walk to ravine trails-offering and Tennis court, the perfect combination of convenience and lifestyle.

Key facts

Property type
Detached, Sidesplit 4
MLS®
C13661570
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
59 × 130.1 ft
Cross streets
Leslie/Finch
Parking
2 garage · 8 parking (attached)
Driveway
Available
Basement
Apartment, Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$8,309 / 2025
Days on market
31
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

BathroomBasement0.00 × 0.00 m

3 Pc Bath

Bedroom 2Second0.00 × 0.00 m

hardwood floor · large closet · window

KitchenBasement0.00 × 0.00 m

Quartz Counter

LaundrySecond0.00 × 0.00 m
LaundryBasement0.00 × 0.00 m
BathroomSecond0.00 × 0.00 m

4 Pc Bath

Bedroom 5Basement0.00 × 0.00 m

laminate · closet

Powder RoomFlat0.00 × 0.00 m

2 Pc Bath

Living RoomMain0.00 × 0.00 m

open concept · hardwood floor · large window

Dining RoomMain0.00 × 0.00 m

open concept · hardwood floor · large window

Living RoomBasement0.00 × 0.00 m

Laminate

KitchenMain0.00 × 0.00 m

open concept · b/i range · b/i oven

Family RoomMain0.00 × 0.00 m

open concept · hardwood floor · fireplace

Primary BedroomSecond0.00 × 0.00 m

hardwood floor · walk-in closet(s) · ensuite bath

Bedroom 3Second0.00 × 0.00 m

hardwood floor · large closet · window

Bedroom 4Flat0.00 × 0.00 m

hardwood floor · overlooks garden · large closet

Our TakeTeam Asgarian · Broker
In line
$2.13Mest. value

Listed at $2,288,888 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $2.13M, typically $2.01M to $2.31M. Comparable closings on their own put this home around $1.74M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.

Second read, from the city assessment: $1.30M. That is about 25% 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
$2.01MBelow recent closings$2.31MAbove recent closings

Total price vs nearby homes. Fair value about $2.13M, median of 46 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
31days on market so far
$5,253/moest. rent · 34 leases
2.8%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.8 months of inventory: 32 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 $1,308/sqft against an area asking average of $1,068/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. 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 46 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 $1.30M, lower 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.

  • 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
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
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 46 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
$1.86Mavg 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 $1.74M, which is where my estimate comes from.

Per square foot, these ask about $1,020/sqft; this home lists at $1,308/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.29MThis home1.95M1.70M2.09M1.59M1.98MThis 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 · 1.5 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
Divine Mercy Catholic School · Catholic elementary1.1 km · 61% at standard
Crestview Public School · Public elementary1.2 km · 69% at standard
Bayview Middle School · Public elementary1.3 km · 80% at standard
Lescon Public School · Public elementary1.3 km · 44% at standard
Pineway Public School · Public elementary1.4 km · 48% at standard
Lester B Pearson Elementary School · Public elementary1.4 km · 92% at standard
Zion Heights Middle School · Public elementary1.5 km · 93% at standard
Don Valley Middle School · Public elementary1.6 km · 87% at standard
Cresthaven Public School · Public elementary1.7 km · 75% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary1.7 km
Dallington Public School · Public elementary1.7 km · 44% at standard
Finch Public School · Public elementary1.7 km · 72% at standard

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

Affordability & Mortgage

Affordability
$10,432/mo
$421KIncome needed
5.4×Price ÷ income
$2,407Weekly cost
$87,394Land 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.

94%mortgage
Mortgage $10,432Property tax $692Total carry $11,124

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)
$9,872per month

Mortgage amount $1,831,110 · 4.24% over 25 years

$457,778Down payment (20.0%)
$1,831,110Loan before insurance
$0CMHC premium
$10,564Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,872
Property tax
$692
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,564

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

One-time closing costs

Ontario land transfer tax
$43,697
Toronto municipal land transfer tax
$43,697
Estimated closing costs
$87,394

Plus your down payment of $457,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$11,978/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

$1,130,406Total interest paid
$2,961,517Total of all payments
Principal $1,831,110 Interest $1,130,406
YearPrincipalInterestBalance
1$42,307$76,153$1,788,803
2$44,120$74,340$1,744,683
3$46,011$72,450$1,698,672
4$47,982$70,478$1,650,689
5$50,038$68,422$1,600,651
6$52,183$66,278$1,548,468
7$54,419$64,042$1,494,050
8$56,750$61,710$1,437,300
9$59,182$59,279$1,378,118
10$61,718$56,743$1,316,400
11$64,363$54,098$1,252,037
12$67,120$51,340$1,184,917
13$69,997$48,464$1,114,920
14$72,996$45,465$1,041,924
15$76,124$42,337$965,801
16$79,386$39,075$886,415
17$82,787$35,674$803,628
18$86,335$32,126$717,293
19$90,034$28,427$627,260
20$93,892$24,569$533,368
21$97,915$20,546$435,453
22$102,111$16,350$333,342
23$106,486$11,975$226,856
24$111,049$7,412$115,807
25$115,807$2,653$0

At the end of your 5-year term

Total paid over the term
$592,303
Principal paid down
$230,459
Interest paid
$361,844
Balance remaining
$1,600,651

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 34 whole-home leases in Bayview Village$5,253/mo
$63,036Gross annual rent
2.0%Cap rate after taxes and upkeep
$4,868 to $6,028Typical 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 34 whole-home leases in Bayview Village signed at a median of $4,929 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,253. 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.

2.8%
Gross yield
− Property tax $8,309− Insurance $1,400− Vacancy & upkeep $6,934Net operating income $46,393

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.

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