31 Tollerton Avenue, Toronto, ON

Bayview Woods-Steeles, Toronto · MLS® C13752090

$1,550,000
For Sale
Listed 41 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
4Bathrooms
1Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Welcome to this beautifully reimagined Backsplit 4 nestled in the prestigious Bayview Woods-Steeles community.
  • Extensively renovated in 2024 from top to bottom, this move-in-ready home showcases a spectacular designer chef's kitchen featuring premium Bosch stainless steel...
  • The fully renovated basement kitchen provides outstanding flexibility for extended family or entertaining.
  • The functional multi-level layout offers four spacious bedrooms, FOUR updated bathrooms, expansive principal rooms filled with natural light, a warm and inviting...
  • Rarely does a home combine this level of quality renovation, generous living space, premium lot, and unbeatable location.

Welcome to this beautifully reimagined Backsplit 4 nestled in the prestigious Bayview Woods-Steeles community! Set on a premium 50 x 120 ft lot, this exceptional residence offers approximately 2,300 sq. ft ABOVE THE Grade of thoughtfully designed living space, blending timeless elegance with modern luxury. Extensively renovated in 2024 from top to bottom, this move-in-ready home showcases a spectacular designer chef's kitchen featuring premium Bosch stainless steel appliances,custom cabinetry, elegant finishes, and exceptional attention to detail. The fully renovated basement kitchen provides outstanding flexibility for extended family or entertaining. Beautifully redesigned bathrooms, Updated flooring throughout, freshdesigner paint, and countless quality upgrades create a sophisticated and welcoming atmosphere in every room.The functional multi-level layout offers four spacious bedrooms, FOUR updated bathrooms, expansive principal rooms filled with natural light, a warm and inviting family room with a cozy fireplace and walk-out to the private backyard, plus a finished lower level ideal for multi-generational living, guests, or additional recreation space.Perfectly situated in one of North York's most sought-after neighbourhoods, this home is surrounded by top-ranked schools,beautiful parks, shopping, restaurants, public transit, and convenient access to major highways. Rarely does a home combine this level of quality renovation, generous living space, premium lot, and unbeatable location. An exceptional opportunity to own a truly turnkey family home in one of the city's most desirable communities.

Key facts

Property type
Detached, Backsplit 4
MLS®
C13752090
Bedrooms
4+2 (6 total)
Bathrooms
4
Size
2000-2500 sq ft
Lot
50.21 × 120.41 ft
Cross streets
Bayview / Finch
Parking
1 garage · 4 parking (attached)
Driveway
Private
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,141 / 2026
Days on market
41
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomMain5.72 × 4.16 m

tile floor · window · combined w/dining

Bedroom 2Upper3.74 × 3.40 m

hardwood floor · window · closet

Bedroom 4Lower4.22 × 3.20 m

hardwood floor · window · closet

KitchenMain5.17 × 1.82 m

tile floor · open concept · stainless steel appl

BedroomBasement0.00 × 0.00 m

ceramic floor · window · closet

DenBasement2.60 × 2.31 m

hardwood floor · window · closet

Bedroom 3Upper4.56 × 2.70 m

hardwood floor · window · closet

RecreationBasement0.00 × 0.00 m

ceramic floor · open concept · combined w/kitchen

Family RoomLower4.84 × 3.60 m

hardwood floor · fireplace · w/o to yard

Primary BedroomUpper4.56 × 4.00 m

hardwood floor · 3 pc ensuite · closet

Dining RoomMain3.03 × 2.46 m

tile floor · window · combined w/living

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.52Mlikely sale price

Listed at $1,550,000. Going by how homes in Bayview Woods-Steeles and the wider GTA have actually closed against their asking prices (about 98%, 12 local closings in 90 days), the likely sale price is near $1.52M, if it sells. A realistic range is $1.42M to $1.71M.

Independent value check: $1.47M. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $1.37M and $1.54M).

Why $1.47M. The typical detached home sold in Bayview Woods-Steeles over the past year went for about $1.44M (47 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightly1 garage and 4 total parking spaces, against 2 and 6 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $8,141 a year; the typical home sold here pays about $8,600.

Longer on the market than typical. 41 days on the market against about 24 for homes like it here, and asking 6% above where comparable closings put it.

List price
$1.42MBelow recent closings$1.71MAbove recent closings

Total price vs nearby homes. Likely closing about $1.52M, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$1.48Mmedian sold price
103%of asking, on average
−10%prices vs a year ago
~21 dayshomes like this take to sell
41days on market so far
$4,152/moest. rent · 21 leases
3.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.3 months of inventory: 13 detached homes for sale in the area against 12 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 $689/sqft against an area asking average of $654/sqft.

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 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.40M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. 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

Priced above comparable homes overall, but the price per square foot ($689/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Bayview Woods-Steeles, so I widened the search to the surrounding area.

Based on 12 comparable homes that sold in Bayview Woods-Steeles over the past two years, from 75 closings there.

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 Woods-Steeles, 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
Banbury-Don Mills
$5.50M
Steeles
$1.20M
Wexford-Maryvale
$849K
Leaside
$2.15M

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 Steelesview Public School
85%
Steelesview Public SchoolPublic · Elementary · 1.6 km awayHigher-rated than most nearby · 85% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Lester B Pearson Elementary School · Public elementary0.4 km · 92% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary0.7 km · 74% at standard
Finch Public School · Public elementary0.8 km · 72% at standard
Cummer Valley Middle School · Public elementary1.2 km · 79% at standard
Pineway Public School · Public elementary1.3 km · 48% at standard
Bayview Middle School · Public elementary1.4 km · 80% at standard
St Agnes Catholic School · Catholic elementary1.7 km · 82% at standard
Brebeuf College School · Catholic secondary1.9 km · 80% at standard
Elkhorn Public School · Public elementary2.0 km · 85% at standard
Avondale Secondary Alternative School · Public secondary2.0 km
Hollywood Public School · Public elementary2.1 km · 96% at standard
Cresthaven Public School · Public elementary2.1 km · 75% at standard

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

Affordability & Mortgage

Affordability
$7,064/mo
$294KIncome needed
5.3×Price ÷ income
$1,630Weekly cost
$54,950Land 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.

91%mortgage
Mortgage $7,064Property tax $678Total carry $7,743

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)
$6,856per month

Mortgage amount $1,240,000 · 4.49% over 25 years

$310,000Down payment (20.0%)
$1,240,000Loan before insurance
$0CMHC premium
$7,535Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,856
Property tax
$678
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,535

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

One-time closing costs

Ontario land transfer tax
$27,475
Toronto municipal land transfer tax
$27,475
Estimated closing costs
$54,950

Plus your down payment of $310,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,298/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

$816,852Total interest paid
$2,056,852Total of all payments
Principal $1,240,000 Interest $816,852
YearPrincipalInterestBalance
1$27,672$54,603$1,212,328
2$28,928$53,346$1,183,401
3$30,241$52,033$1,153,159
4$31,614$50,660$1,121,545
5$33,050$49,224$1,088,495
6$34,550$47,724$1,053,944
7$36,119$46,155$1,017,825
8$37,759$44,515$980,066
9$39,474$42,801$940,593
10$41,266$41,008$899,327
11$43,139$39,135$856,187
12$45,098$37,176$811,089
13$47,146$35,128$763,943
14$49,286$32,988$714,657
15$51,524$30,750$663,133
16$53,864$28,410$609,269
17$56,309$25,965$552,960
18$58,866$23,408$494,094
19$61,539$20,735$432,555
20$64,333$17,941$368,223
21$67,254$15,020$300,969
22$70,307$11,967$230,662
23$73,500$8,775$157,162
24$76,837$5,437$80,325
25$80,325$1,949$0

At the end of your 5-year term

Total paid over the term
$411,370
Principal paid down
$151,505
Interest paid
$259,865
Balance remaining
$1,088,495

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 21 whole-home leases in Bayview Woods-Steeles$4,152/mo
$49,824Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,674 to $4,427Typical rent range

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 21 whole-home leases in Bayview Woods-Steeles signed at a median of $4,151 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,152. 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.

3.2%
Gross yield
− Property tax $8,141− Insurance $1,400− Vacancy & upkeep $5,481Net operating income $34,802

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

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