2424 Bayview Avenue, Toronto, ON
Bridle Path-Sunnybrook-York Mills, Toronto · MLS® C13673020
About this home
An exceptional opportunity to live in one of Toronto's most prestigious neighbourhoods today, with exciting redevelopment potential for the future. Set on one of the largest lots along the Bayview/Arjay strip, this charming ranch-style bungalow features a recently refreshed exterior and a well-maintained, updated interior, offering comfortable turnkey living in an outstanding location.Enjoy remarkable proximity to some of Toronto's most sought-after schools, clubs, parks and institutions, including **Crescent School, Junior Academy, The Granite Club, Toronto French School, Sunnybrook Health Sciences Centre, Sunnybrook Park, York University's Glendon Campus, Edwards Gardens and the Toronto Botanical Garden**.Move in and enjoy the home and neighbourhood now, with the added benefit of significant long-term redevelopment potential. Located along the Bayview Avenue corridor within an area identified under Toronto's Avenues framework, six-storey development precedent has already been established nearby, with potential for additional height and density, subject to planning and municipal approvals.**A rare combination of lifestyle, location, land and future upside - enjoy it today, invest in tomorrow.**
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13673020
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 6
- Size
- 1500-2000 sq ft
- Lot
- 100.75 × 118.36 ft
- Cross streets
- Bayview Ave & Post Rd
- Parking
- 2 garage · 12 parking (built-in)
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete Poured
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $15,722 / 2026
- Days on market
- 26
- Listing brokerage
- ENGEL & VOLKERS TORONTO CENTRAL
Listed at $3,198,888 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $3.19M, typically $2.51M to $3.59M. Comparable closings on their own put this home around $3.16M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $3.26M. 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 $3.19M, median of 9 comparables.
The market behind the math:
About 1.9 months of inventory: 9 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,828/sqft against an area asking average of $1,913/sqft. Size and $/sqft both feed the estimate above.
- Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 9 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 $3.26M, a close match.
Schools & getting aroundcatchment and transit
On schools, this address is zoned for York Mills Collegiate Institute, 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 Bridle Path-Sunnybrook-York Mills, so I widened the search to the surrounding area.
Based on 9 comparable homes that sold in Bridle Path-Sunnybrook-York Mills over the past two years, from 107 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $3.16M, which is where my estimate comes from.
Per square foot, these ask about $1,297/sqft; this home lists at $1,828/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Bridle Path-Sunnybrook-York Mills, 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: 11 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 9, 2026); conventional rates run a little higher.
Mortgage amount $2,559,110 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,796
- Property tax
- $1,310
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,107
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $66,447
- Toronto municipal land transfer tax
- $68,436
- Estimated closing costs
- $134,883
Plus your down payment of $639,778. 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
- $827,787
- Principal paid down
- $322,084
- Interest paid
- $505,703
- Balance remaining
- $2,237,027
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
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 Bridle Path-Sunnybrook-York Mills signed at a median of $6,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,889. 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 ENGEL & VOLKERS TORONTO CENTRAL. MLS®/PropTx.