22 Heathview Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13683552

$2,595,000
For Sale
Listed 63 days agoNo offer date statedSitting longer than typical
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6Bedrooms
3Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Fully Renovated 6-Bedroom Bungalow on a Private Ravine Lot.
  • Fully renovated throughout since June 2026, this bright and spacious 6-bedroom bungalow offers exceptional living space, quality finishes, and a spectacular ravine...
  • Featuring 4 spacious bedrooms on the main floor, top-of-the-line engineered hardwood flooring throughout all levels, all-new windows, and a custom kitchen and...
  • The ground level offers 2 additional spacious bedrooms, an open games room and a large recreation room with a walkout to your private backyard oasis, complete with a...
  • All situated on a private 60' x 155' ravine lot, offering the perfect combination of space, privacy and nature.

Fully Renovated 6-Bedroom Bungalow on a Private Ravine Lot! Fully renovated throughout since June 2026, this bright and spacious 6-bedroom bungalow offers exceptional living space, quality finishes, and a spectacular ravine setting. Featuring 4 spacious bedrooms on the main floor, top-of-the-line engineered hardwood flooring throughout all levels, all-new windows, and a custom kitchen and bathrooms with beautiful Quartz countertops. Pot lighting and two wood-burning fireplaces add warmth and ambiance throughout the home. The ground level offers 2 additional spacious bedrooms, an open games room and a large recreation room with a walkout to your private backyard oasis, complete with a fully fenced yard Gunite in ground pool overlooking a beautiful forested ravine. All situated on a private 60' x 155' ravine lot, offering the perfect combination of space, privacy and nature. A truly exceptional home that has been completely transformed and is ready to enjoy !!

Key facts

Property type
Detached, Bungalow
MLS®
C13683552
Bedrooms
6
Bathrooms
3
Size
3000-3500 sq ft
Lot
60.05 × 145.19 ft
Cross streets
E of Bayview Ave, S of Finch
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$13,128 / 2026
Days on market
63
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

Game RoomGround5.78 × 4.33 m

laminate · pot lights

Bedroom 2Main3.60 × 2.77 m

Laminate

KitchenMain4.51 × 3.66 m

laminate · pot lights · b/i dishwasher

Dining RoomMain3.63 × 3.35 m

laminate · pot lights

Bedroom 5Ground4.48 × 3.38 m

Laminate

Utility RoomGround3.44 × 2.47 m

Laminate

LaundryGround4.63 × 3.11 m

Laminate

Living RoomMain5.82 × 4.02 m

laminate · fireplace · overlooks ravine

Bedroom 4Main3.05 × 2.77 m

Laminate

RecreationGround7.53 × 2.99 m

laminate · fireplace · w/o to pool

BedroomGround3.96 × 3.81 m

Laminate

Primary BedroomMain4.30 × 4.02 m

laminate · 3 pc ensuite · pot lights

Bedroom 3Main3.08 × 2.79 m

Laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Bayview Village · asking prices
$3.06Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $720/sqft; this home lists at $798/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.60MThis home1.89M3.80M3.50MThis 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.

Willowdale East
$2.29M
Banbury-Don Mills
$5.50M
Steeles
$1.20M
Leaside
$2.15M
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 · 1.2 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 elementary0.6 km · 80% at standard
Finch Public School · Public elementary0.9 km · 72% at standard
Lester B Pearson Elementary School · Public elementary1.2 km · 92% at standard
Hollywood Public School · Public elementary1.4 km · 96% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.4 km · 74% at standard
St Gabriel Catholic School · Catholic elementary1.5 km · 70% at standard
Cummer Valley Middle School · Public elementary1.5 km · 79% at standard
Pineway Public School · Public elementary1.8 km · 48% at standard
Divine Mercy Catholic School · Catholic elementary2.0 km · 61% at standard
Zion Heights Middle School · Public elementary2.1 km · 93% 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
$11,827/mo
$488KIncome needed
5.3×Price ÷ income
$2,729Weekly cost
$102,700Land 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.

92%mortgage
Mortgage $11,827Property tax $1,094Total carry $12,921

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,479per month

Mortgage amount $2,076,000 · 4.49% over 25 years

$519,000Down payment (20.0%)
$2,076,000Loan before insurance
$0CMHC premium
$12,573Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,479
Property tax
$1,094
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,573

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

One-time closing costs

Ontario land transfer tax
$51,350
Toronto municipal land transfer tax
$51,350
Estimated closing costs
$102,700

Plus your down payment of $519,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,893/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

$1,367,568Total interest paid
$3,443,568Total of all payments
Principal $2,076,000 Interest $1,367,568
YearPrincipalInterestBalance
1$46,327$91,415$2,029,673
2$48,431$89,312$1,981,242
3$50,630$87,113$1,930,612
4$52,929$84,814$1,877,683
5$55,332$82,411$1,822,351
6$57,844$79,899$1,764,507
7$60,471$77,272$1,704,036
8$63,216$74,527$1,640,820
9$66,086$71,656$1,574,734
10$69,087$68,656$1,505,647
11$72,224$65,519$1,433,423
12$75,503$62,240$1,357,920
13$78,931$58,812$1,278,989
14$82,515$55,228$1,196,474
15$86,261$51,481$1,110,213
16$90,178$47,565$1,020,034
17$94,273$43,470$925,762
18$98,553$39,190$827,209
19$103,028$34,715$724,181
20$107,705$30,037$616,476
21$112,596$25,147$503,880
22$117,708$20,035$386,172
23$123,052$14,690$263,120
24$128,640$9,103$134,480
25$134,480$3,262$0

At the end of your 5-year term

Total paid over the term
$688,714
Principal paid down
$253,649
Interest paid
$435,065
Balance remaining
$1,822,351

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
Estimate$6,300/mo
$75,600Gross annual rent
2.0%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.9%
Gross yield
− Property tax $13,128− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $52,756

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.

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