33 Heathview Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13680892

$1,588,000
For Sale
Listed 64 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
3Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Beautifully renovated and exceptionally spacious 3+1 bedroom home featuring a separate entrance to a fully finished lower level-ideal for extended family living.
  • 25' x 20'), perfect for entertaining.
  • The driveway accommodates up to 6 vehicles.

Beautifully renovated and exceptionally spacious 3+1 bedroom home featuring a separate entrance to a fully finished lower level-ideal for extended family living. Elegant frosted glass double entry doors create a striking first impression. The modern granite eat-in kitchen offers a walk-out to a large deck (approx. 25' x 20'), perfect for entertaining. Enjoy a functional, open layout with no wasted space and abundant natural light throughout the day. The professionally finished walk-up basement features durable laminate flooring, adding versatility and comfort.The driveway accommodates up to 6 vehicles. Located in the highly sought-after Earl Haig school zone. A must-see opportunity!

Key facts

Property type
Detached, Bungalow-Raised
MLS®
C13680892
Bedrooms
3+1 (4 total)
Bathrooms
3
Size
1100-1500 sq ft
Lot
52.33 × 125.66 ft
Cross streets
Bayview/Finch
Parking
1 garage · 5 parking (detached)
Driveway
Private
Basement
Separate Entrance, Walk-Up, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,584 / 2025
Days on market
64
Listing brokerage
BAY STREET GROUP INC.

Rooms

Primary BedroomUpper3.96 × 3.95 m

3 pc ensuite · hardwood floor · closet

FoyerUpper2.01 × 1.02 m

granite floor · double doors · cathedral ceiling(s)

RecreationLower7.27 × 3.57 m

pot lights · laminate · fireplace

Bedroom 3Upper3.29 × 2.89 m

hardwood floor · closet · california shutters

Living RoomUpper7.42 × 3.64 m

brick fireplace · hardwood floor · combined w/dining

Bedroom 2Upper3.96 × 3.04 m

4 pc bath · hardwood floor · california shutters

KitchenUpper5.25 × 3.31 m

granite counters · ceramic backsplash · hidden lights

Dining RoomUpper7.42 × 3.64 m

hardwood floor · moulded ceiling · picture window

Bedroom 4Lower4.88 × 3.02 m

pot lights · laminate · above grade window

Great RoomLower3.74 × 2.12 m

above grade window · w/o to yard · laminate

LaundryLower3.87 × 3.51 m

ceramic floor · above grade window · laminate

OfficeLower3.32 × 2.65 m

4 pc bath · above grade window · ceramic floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.53Mlikely sale price

Listed at $1,588,000. Going by how homes in Bayview Village and the wider GTA have actually closed against their asking prices (about 96%, 18 local closings in 90 days), the likely sale price is near $1.53M, if it sells. A realistic range is $1.43M to $1.73M.

Independent value check: $1.49M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $1.40M and $1.56M).

Why $1.49M. The typical detached home sold in Bayview Village over the past year went for about $1.98M (55 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $9,584 a year; the typical home sold here pays about $11,500.
  • ▼ Lowers it stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightly3+1 bedrooms and 3 baths, against 3+1 and 4 typically.

Longer on the market than typical. 64 days on the market against about 34 for homes like it here, and asking 6% above where comparable closings put it.

List price
$1.43MBelow recent closings$1.73MAbove recent closings

Total price vs nearby homes. Likely closing about $1.53M, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$1.78Mmedian sold price
94%of asking, on average
−9%prices vs a year ago
~20 dayshomes like this take to sell
64days on market so far
$4,049/moest. rent · 38 leases
3.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 30 detached homes for sale in the area against 18 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 $1,222/sqft against an area asking average of $1,115/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Bayview Village: 21 of the 141 detached leases here lately were basement units, around $2,000 a month. That makes the suite real income. 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

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.50M. Condition and finishes remain an in-person call.

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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
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 111 closings there.

What sellers nearby are askingCurrently listed nearby in Bayview Village · asking prices
$1.62Mavg 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 $1.49M, which is where my estimate comes from.

Per square foot, these ask about $997/sqft; this home lists at $1,222/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 home1.73M1.60M1.50M1.50M1.80MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

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.

Willowdale East
$2.19M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M
Steeles
$1.20M
Wexford-Maryvale
$849K

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 · 1.3 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
Bayview Middle School · Public elementary0.7 km · 80% at standard
Finch Public School · Public elementary0.8 km · 72% at standard
Lester B Pearson Elementary School · Public elementary1.1 km · 92% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.3 km · 74% at standard
Hollywood Public School · Public elementary1.5 km · 96% at standard
Cummer Valley Middle School · Public elementary1.5 km · 79% at standard
St Gabriel Catholic School · Catholic elementary1.6 km · 70% at standard
Pineway Public School · Public elementary1.7 km · 48% at standard
Zion Heights Middle School · Public elementary2.0 km · 93% at standard
Divine Mercy Catholic School · Catholic elementary2.0 km · 61% at standard
Crestview Public School · Public elementary2.1 km · 69% at standard
Lescon Public School · Public elementary2.2 km · 44% at standard

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

Affordability & Mortgage

Affordability
$7,238/mo
$305KIncome 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 $799Total carry $8,036

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,024per month

Mortgage amount $1,270,400 · 4.49% over 25 years

$317,600Down payment (20.0%)
$1,270,400Loan before insurance
$0CMHC premium
$7,823Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,024
Property tax
$799
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,823

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

6.49%Qualifying rate
$8,502/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

$836,878Total interest paid
$2,107,278Total of all payments
Principal $1,270,400 Interest $836,878
YearPrincipalInterestBalance
1$28,350$55,941$1,242,050
2$29,637$54,654$1,212,413
3$30,983$53,308$1,181,430
4$32,390$51,902$1,149,041
5$33,860$50,431$1,115,181
6$35,398$48,894$1,079,783
7$37,005$47,286$1,042,778
8$38,685$45,606$1,004,094
9$40,441$43,850$963,652
10$42,277$42,014$921,375
11$44,197$40,094$877,178
12$46,204$38,087$830,974
13$48,302$35,989$782,672
14$50,495$33,796$732,178
15$52,787$31,504$679,390
16$55,184$29,107$624,206
17$57,690$26,601$566,516
18$60,309$23,982$506,207
19$63,047$21,244$443,160
20$65,910$18,381$377,250
21$68,903$15,389$308,347
22$72,031$12,260$236,317
23$75,301$8,990$161,015
24$78,720$5,571$82,295
25$82,295$1,996$0

At the end of your 5-year term

Total paid over the term
$421,456
Principal paid down
$155,219
Interest paid
$266,236
Balance remaining
$1,115,181

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 38 whole-home leases in Bayview Village$4,049/mo
$48,588Gross annual rent
2.0%Cap rate after taxes and upkeep
$3,557 to $4,987Typical rent range
~28 daysTo find a tenant, on average

The suite is real income here: basements rent in Bayview Village (21 of 141 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 38 whole-home leases in Bayview Village signed at a median of $4,390 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,049. 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.

3.1%
Gross yield
− Property tax $9,584− Insurance $1,400− Vacancy & upkeep $5,345Net operating income $32,259

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.

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