31 Palomino Crescent, Toronto, ON
Bayview Village, Toronto · MLS® C13776078
About this home
In short
- Impeccably-crafted & beautifully designed custom-built home in the prestigious Bayview Village neighborhood.
- Welcome to 31 Palomino Crescent, offering highly spacious int. layout and exceptional home features including: FULLY accessible 4-Stop elevator, snow-melting...
- Upstairs, discover 4 bedrooms each w/ their own personal ensuite, including the luxurious Primary Rm w/ private balcony walk-out, vapor fireplace, walk-in closet, &...
- Finished Walk-Up Basement features 5th bedroom, bath, heated floors, and recreation room w/ 2-Pc ensuite, striking wet bar w/ island & drink cooler, built-in...
- Just steps to Bayview Village Shopping Centre, TTC, Parks, Ravine & easy access to Hwy 401.
Impeccably-crafted & beautifully designed custom-built home in the prestigious Bayview Village neighborhood. Welcome to 31 Palomino Crescent, offering highly spacious int. layout and exceptional home features including: FULLY accessible 4-Stop elevator, snow-melting driveway, front steps & porch, designer-selected finishes & paneling throughout, custom automated blinds, heated floors (ALL bathrooms, foyer, bsmt), Smart Home (+ system to control lights, blinds & thermostats), state-of-the-art Mechanical room, professionally Landscaped Grounds, irrigation system, waterfall feature + swing (bckyrd). Enter the grand Foyer with heated floors, through to the main floor. Showstopping principal rooms feature engineered wide-plank white oak hardwood floors, B/I speakers, tray ceilings & cove lighting throughout, LED pot lights, gas fireplace (living rm. & family). The elegant chef's Kitchen comes fully-equipped with built-in Wolf & Subzero appliances, sunny breakfast area, large centre island. Gorgeous Family Room walks out to the deck, and features striking design, gas fireplace, built-in speakers and shelves. Further, Main-Level Office provides a quiet, private work space. Upstairs, discover 4 bedrooms each w/ their own personal ensuite, including the luxurious Primary Rm w/ private balcony walk-out, vapor fireplace, walk-in closet, & spa-like 6-Pc Ensuite w/ heated floor. Finished Walk-Up Basement features 5th bedroom, bath, heated floors, and recreation room w/ 2-Pc ensuite, striking wet bar w/ island & drink cooler, built-in speakers, video projector w/ motorized screen. Elevator, Security Camera/Alarm System, Central Vac, 2x Sump Pump on Diff Elevations w/ Backwater Valve, Custom-Made Precasts on Ext. Walls, Powder Rm (main), 2x Laundry (2nd, Bsmt), Exquisite Outdoor Landscaping. Heated Driveway w/ different zones. Just steps to Bayview Village Shopping Centre, TTC, Parks, Ravine & easy access to Hwy 401. Highly-Regarded School Zone Incl. Bayview M.S. & Earl Haig S.S.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13776078
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 7 (2 half)
- Size
- 3500-5000 sq ft
- Lot
- 50 × 120 ft
- Cross streets
- Bayview/Sheppard
- Parking
- 4 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Poured Concrete
- Roof
- Membrane, Shingles
- Sewer
- Sewer
- Property tax
- $10,354 / 2025
- Days on market
- 1
- Listing brokerage
- ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY
Rooms
hardwood floor · double closet · 4 pc ensuite
heated floor · wet bar · walk-up
open concept · built-in speakers · indirect lights
hardwood floor · double closet · 4 pc ensuite
w/o to balcony · walk-in closet(s) · 6 pc ensuite
crown moulding · b/i shelves
gas fireplace · indirect lights · hardwood floor
crown moulding · b/i shelves · wall sconce lighting
above grade window · pot lights · 4 pc ensuite
hardwood floor · double closet · 4 pc ensuite
gas fireplace · built-in speakers · w/o to deck
centre island · b/i appliances · breakfast area
Listed at $4,888,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $4.51M, typically $3.91M to $5.19M. Comparable closings on their own put this home around $3.63M, 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: $1.82M. That is about 50% 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.
One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.
Total price vs nearby homes. Fair value about $4.51M, median of 19 comparables.
The market behind the math:
About 1.1 months of inventory: 7 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,150/sqft against an area asking average of $1,025/sqft. Size and $/sqft both feed the estimate above.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
- 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.
- 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 19 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 $1.82M, 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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.
On location, this is a more car-dependent spot, so buyers here typically drive. Citation Drive is about a 4-minute walk away. Worth weighing if transit access matters to you.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 19 comparable homes that sold in Bayview Village over the past two years, from 107 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,169/sqft; this home lists at $1,150/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Bayview Village, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from OpenStreetMap contributors.
Almost all errands require a car — groceries and transit are a drive away.
🚉 Nearest transit: Citation Drive, about 300 m away
Within a 15-minute (1.5 km) walk.
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: 12 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 11, 2026); conventional rates run a little higher.
Mortgage amount $3,910,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $21,081
- Property tax
- $863
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $21,944
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $108,675
- Toronto municipal land transfer tax
- $136,435
- Estimated closing costs
- $245,110
Plus your down payment of $977,600. 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
- $1,264,884
- Principal paid down
- $492,154
- Interest paid
- $772,730
- Balance remaining
- $3,418,246
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 7 whole-home leases in Bayview Village signed at a median of $7,041 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,316. 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 ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY. MLS®/PropTx.