78 Bannockburn Avenue, Toronto, ON

Bedford Park-Nortown, Toronto · MLS® C13799094

$1,799,000
For Sale
Listed 18 days agoNo offer date stated

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2+1Bedrooms
2Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • An incredible opportunity in the heart of Bedford Park.
  • Situated on a fantastic 40 x 130 ft lot, 78 Bannockburn offers the chance to build an exceptional custom home in one of Toronto's most desirable neighbourhoods.
  • Whether you're a builder, investor or end user looking to create your dream home, the combination of 40-foot frontage, 130-foot depth and an incredible Bedford Park...

An incredible opportunity in the heart of Bedford Park! Situated on a fantastic 40 x 130 ft lot, 78 Bannockburn offers the chance to build an exceptional custom home in one of Toronto's most desirable neighbourhoods. This is an exceptionally clean lot with very few trees, providing an outstanding canvas for a future build. Surrounded by beautiful multi-million-dollar homes, this is one of the few remaining bungalows in an area that has undergone tremendous transformation. Perfectly situated just moments from Avenue Road, with easy access to some of the neighbourhood's best shops, restaurants, cafés, schools, parks and everyday amenities. Whether you're a builder, investor or end user looking to create your dream home, the combination of 40-foot frontage, 130-foot depth and an incredible Bedford Park location makes this a truly special opportunity. Not ready to build immediately? The existing bungalow is very livable and offers excellent flexibility to move in or rent out while planning for the future. A rare combination of lot, location and potential in one of Toronto's most sought-after neighbourhoods.

Key facts

Property type
Detached, Bungalow
MLS®
C13799094
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
40.92 × 130.21 ft
Cross streets
Bannockburn & Clyde
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out, Separate Entrance
Heating
Water
A/C
Other
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,259 / 2026
Days on market
18
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

The assigned public school is Ledbury Park Elementary and Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Bedford Park-Nortown, 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.

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 Ledbury Park Elementary and Middle School
77%
Ledbury Park Elementary and Middle SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 77% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Bannockburn Public School · Public elementary0.4 km
Summit Heights Public School · Public elementary1.0 km · 85% at standard
Armour Heights Public School · Public elementary1.1 km · 70% at standard
Baycrest Public School · Public elementary1.3 km · 69% at standard
John Wanless Junior Public School · Public elementary1.3 km · 88% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary1.6 km · 76% at standard
Lawrence Park Collegiate Institute · Public secondary1.8 km · 92% at standard
Faywood Arts-Based Curriculum School · Public elementary1.8 km · 70% at standard
Our Lady of the Assumption Catholic School · Catholic elementary1.8 km · 54% at standard
Blessed Sacrament Catholic School · Catholic elementary1.9 km · 83% at standard
Flemington Public School · Public elementary2.0 km · 36% at standard
Glenview Senior Public School · Public elementary2.0 km

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

Affordability & Mortgage

Affordability
$8,199/mo
$334KIncome needed
5.4×Price ÷ income
$1,892Weekly cost
$64,910Land 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.

93%mortgage
Mortgage $8,199Property tax $605Total carry $8,804

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)
$7,958per month

Mortgage amount $1,439,200 · 4.49% over 25 years

$359,800Down payment (20.0%)
$1,439,200Loan before insurance
$0CMHC premium
$8,563Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,958
Property tax
$605
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,563

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

One-time closing costs

Ontario land transfer tax
$32,455
Toronto municipal land transfer tax
$32,455
Estimated closing costs
$64,910

Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,631/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

$948,075Total interest paid
$2,387,275Total of all payments
Principal $1,439,200 Interest $948,075
YearPrincipalInterestBalance
1$32,117$63,374$1,407,083
2$33,575$61,916$1,373,508
3$35,099$60,392$1,338,409
4$36,693$58,798$1,301,715
5$38,359$57,132$1,263,356
6$40,101$55,390$1,223,256
7$41,922$53,569$1,181,334
8$43,825$51,666$1,137,509
9$45,815$49,676$1,091,694
10$47,895$47,596$1,043,799
11$50,070$45,421$993,730
12$52,343$43,148$941,387
13$54,720$40,771$886,667
14$57,204$38,287$829,463
15$59,801$35,690$769,662
16$62,517$32,974$707,145
17$65,355$30,136$641,790
18$68,322$27,169$573,468
19$71,425$24,066$502,043
20$74,667$20,824$427,376
21$78,058$17,433$349,318
22$81,602$13,889$267,716
23$85,307$10,184$182,409
24$89,180$6,311$93,229
25$93,229$2,262$0

At the end of your 5-year term

Total paid over the term
$477,455
Principal paid down
$175,844
Interest paid
$301,611
Balance remaining
$1,263,356

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$2,300/mo
$27,600Gross annual rent
0.9%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.

1.5%
Gross yield
− Property tax $7,259− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $15,905

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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