38 Fifeshire Road, Toronto, ON

St. Andrew-Windfields, Toronto · MLS® C13784786

$4,549,999
For Sale
Listed 22 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 12 parking
3000-3500Sq ft

About this home

In short

  • A rare ravine lot, nearly half an acre in size.
  • Seize the opportunity to build your dream home on one of Toronto's most prestigious streets, in the coveted Bayview and York Mills enclave.
  • 38 Fifeshire Road offers a canvas of serenity and prestige - framed by mature trees and lush natural surroundings - ideal for visionary architects and discerning...
  • The existing residence offers nearly 5,000 square feet of living space, but the true allure lies in the land's potential: imagine a custom estate with sweeping...

A rare ravine lot, nearly half an acre in size! Seize the opportunity to build your dream home on one of Toronto's most prestigious streets, in the coveted Bayview and York Mills enclave. 38 Fifeshire Road offers a canvas of serenity and prestige - framed by mature trees and lush natural surroundings - ideal for visionary architects and discerning homeowners. The existing residence offers nearly 5,000 square feet of living space, but the true allure lies in the land's potential: imagine a custom estate with sweeping terraces, an infinity pool, or private gardens, tailored to your vision. Just moments from Bayview Village, top schools, fine dining, and easy access to major highways. This is more than a home - it's a legacy in the making on one of Toronto's most iconic streets.

Key facts

Property type
Detached, 2-Storey
MLS®
C13784786
Bedrooms
4+1 (5 total)
Bathrooms
5 (2 half)
Size
3000-3500 sq ft
Lot
117.88 × 199.45 ft
Cross streets
Bayview/York Mills
Parking
2 garage · 12 parking (built-in)
Driveway
Circular Drive
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$15,100 / 2025
Days on market
22
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Dining RoomMain4.53 × 3.99 m

overlooks backyard · large window

OfficeMain3.03 × 3.35 m

overlooks garden · b/i shelves · broadloom

KitchenMain5.30 × 4.04 m

b/i appliances · breakfast area · tile floor

Bedroom 4Second3.96 × 3.48 m

2 pc ensuite · walk-in closet(s) · picture window

BedroomLower3.00 × 3.60 m

large window · large closet · broadloom

Bedroom 2Second3.75 × 4.56 m

large closet · broadloom · picture window

Bedroom 3Second3.62 × 4.28 m

double closet · broadloom · picture window

Primary BedroomSecond5.83 × 4.54 m

6 pc ensuite · walk-in closet(s) · double closet

Living RoomMain6.73 × 4.54 m

overlooks backyard · window floor to ceiling · broadloom

RecreationLower7.55 × 4.40 m

w/o to yard · stone fireplace

Family RoomMain5.57 × 3.86 m

beamed ceilings · fireplace · overlooks backyard

Our TakeTeam Asgarian · Broker
A small discount is typical
$4.38Mlikely sale price

Listed at $4,549,999. Going by how homes in St. Andrew-Windfields and the wider GTA have actually closed against their asking prices (about 96%, 25 local closings in 90 days), the likely sale price is near $4.38M, if it sells. A realistic range is $4.11M to $4.94M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$4.11MBelow recent closings$4.94MAbove recent closings

Total price vs nearby homes. Likely closing about $4.38M, from 25 recent closings in this pocket.

The market behind the math:

25sold nearby · 90 days
$2.41Mmedian sold price
95%of asking, on average
−15%prices vs a year ago
~48 dayshomes like this take to sell
22days on market so far
$5,621/moest. rent · 52 leases
1.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 16 detached homes for sale in the area against 25 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 $1,400/sqft against an area asking average of $932/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In St. Andrew-Windfields basements rarely rent out (5 of 134 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
  • Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 25 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.39M. Condition and finishes remain an in-person call.

What the listing highlights4 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
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
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.

Based on 25 comparable homes that sold in St. Andrew-Windfields over the past two years, from 164 closings there.

What sellers nearby are askingCurrently listed nearby in St. Andrew-Windfields · asking prices
$2.60Mavg 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 $2.76M, which is where my estimate comes from.

Per square foot, these ask about $889/sqft; this home lists at $1,400/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
4.55MThis home3.00M2.40M2.13M3.40M2.09MThis home vs active comparables

Sold price trend

Median sold price for detached homes in St. Andrew-Windfields: $3.41M in September 2026, down 5% from a year ago, on 79 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$3.71M7
November 2025$2.59M6
December 2025$2.08M8
February 2026$2.95M7
March 2026$2.27M8
April 2026$2.92M8
May 2026$2.29M10
July 2026$2.62M12
August 2026$2.35M7
September 2026$3.41M6

Neighbourhood & location

St. Andrew-Windfields, 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.

Don Valley Village
$1.25M
Wexford-Maryvale
$985K
Oakwood Village
$1.88M
East York
$1.19M
York University Heights
$1.15M

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 St. Andrew's Middle School
81%
St. Andrew's Middle SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 81% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Owen Public School · Public elementary0.6 km · 59% at standard
Avondale Alternative Elementary School · Public elementary0.9 km · 94% at standard
Avondale Public School · Public elementary0.9 km · 70% at standard
Harrison Public School · Public elementary1.2 km · 82% at standard
Windfields Middle School · Public elementary1.7 km · 91% at standard
St Edward Catholic School · Catholic elementary1.7 km · 89% at standard
Cardinal Carter ES · Catholic elementary1.8 km
Cardinal Carter Academy for the Arts · Catholic secondary1.8 km · 92% at standard
Hollywood Public School · Public elementary1.8 km · 96% at standard
Claude Watson School for the Arts · Public elementary1.9 km · 96% at standard
Dunlace Public School · Public elementary1.9 km · 69% at standard
Earl Haig Secondary School · Public secondary2.0 km · 90% at standard

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

Affordability & Mortgage

Affordability
$20,737/mo
$829KIncome needed
5.5×Price ÷ income
$4,786Weekly cost
$221,450Land 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.

94%mortgage
Mortgage $20,737Property tax $1,258Total carry $21,996

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 7, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$20,126per month

Mortgage amount $3,639,999 · 4.49% over 25 years

$910,000Down payment (20.0%)
$3,639,999Loan before insurance
$0CMHC premium
$21,385Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20,126
Property tax
$1,258
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$21,385

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

One-time closing costs

Ontario land transfer tax
$100,225
Toronto municipal land transfer tax
$121,225
Estimated closing costs
$221,450

Plus your down payment of $910,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$24,360/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

$2,397,855Total interest paid
$6,037,854Total of all payments
Principal $3,639,999 Interest $2,397,855
YearPrincipalInterestBalance
1$81,229$160,285$3,558,770
2$84,917$156,597$3,473,852
3$88,773$152,741$3,385,079
4$92,804$148,710$3,292,276
5$97,017$144,497$3,195,258
6$101,422$140,092$3,093,836
7$106,027$135,487$2,987,809
8$110,841$130,673$2,876,968
9$115,874$125,640$2,761,094
10$121,135$120,379$2,639,958
11$126,635$114,879$2,513,323
12$132,385$109,129$2,380,938
13$138,396$103,118$2,242,543
14$144,679$96,835$2,097,863
15$151,248$90,266$1,946,615
16$158,116$83,398$1,788,499
17$165,295$76,219$1,623,204
18$172,800$68,714$1,450,405
19$180,646$60,869$1,269,759
20$188,848$52,666$1,080,911
21$197,422$44,092$883,489
22$206,386$35,128$677,103
23$215,757$25,758$461,347
24$225,553$15,961$235,794
25$235,794$5,720$0

At the end of your 5-year term

Total paid over the term
$1,207,571
Principal paid down
$444,741
Interest paid
$762,830
Balance remaining
$3,195,258

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 52 whole-home leases in St. Andrew-Windfields$5,621/mo
$67,452Gross annual rent
1.0%Cap rate after taxes and upkeep
$5,172 to $6,205Typical rent range
~34 daysTo find a tenant, on average

About the suite: in St. Andrew-Windfields basements rarely rent out (5 of 134 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 52 whole-home leases in St. Andrew-Windfields signed at a median of $5,380 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,621. 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.

1.5%
Gross yield
− Property tax $15,100− Insurance $1,400− Vacancy & upkeep $7,420Net operating income $43,533

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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