28 Tally Lane, Toronto, ON

Bayview Village, Toronto · MLS® C13846586

$4,180,000
For Sale
Listed 18 days agoNo offer date stated
5+1Bedrooms
7Bathrooms
3Garage · 8 parking
3500-5000Sq ft

About this home

In short

  • Nestled in the prestigious Bayview Village neighbourhood, 28 Tally Lane is a luxurious two-storey detached estate offering 4772 sq ft with 5 bedrooms and 7 bathrooms...
  • A stunning two-storey grand foyer features a custom domed ceiling, creating soaring height and dramatic volume, delivering a regal first impression that sets the...
  • The main floor hosts formal living and dining rooms for upscale entertaining, alongside a bright family room with large windows overlooking the lush ravine.
  • The home's most coveted feature is its private backyard sanctuary, backing directly onto mature treed ravine lands.
  • This one-of-a-kind domed-entry ravine luxury estate with tandem parking, ample driveway and private sauna is a true gem in Bayview Village.

Nestled in the prestigious Bayview Village neighbourhood, 28 Tally Lane is a luxurious two-storey detached estate offering 4772 sq ft with 5 bedrooms and 7 bathrooms, sitting on an expansive 57' x 269' deep private ravine lot. This rare home combines grand architectural design, premium finishes, extensive upgrades, and unmatched privacy, defining upscale family living in North York's most exclusive enclave. A stunning two-storey grand foyer features a custom domed ceiling, creating soaring height and dramatic volume, delivering a regal first impression that sets the luxury tone for the entire residence. Hardwood flooring runs throughout the main and upper levels, complemented by three elegant fireplaces that add warmth and character to multiple living zones. The main floor hosts formal living and dining rooms for upscale entertaining, alongside a bright family room with large windows overlooking the lush ravine. The gourmet kitchen is equipped with gas cooking and ample cabinetry, ideal for daily life and refined hosting. The fully finished walk-up basement offers versatile living space for recreation, home gym, lounge or multi-generational living, featuring a private sauna for spa-style relaxation. Parking is abundant: a spacious 3-car tandem garage paired with an expansive driveway accommodating up to 5 additional vehicles, and with no sidewalk along the front, the property offers extra private parking and enhanced curb appeal. The home's most coveted feature is its private backyard sanctuary, backing directly onto mature treed ravine lands. A large elevated deck serves as an ideal outdoor entertaining area, offering city privacy nearly impossible to replicate. Conveniently located steps to Bayview Village Shopping Centre, top-ranked schools, nature trails and major highway access. This one-of-a-kind domed-entry ravine luxury estate with tandem parking, ample driveway and private sauna is a true gem in Bayview Village. Private showings are highly recommended.

Key facts

Property type
Detached, 2-Storey
MLS®
C13846586
Bedrooms
5+1 (6 total)
Bathrooms
7 (1 half)
Size
3500-5000 sq ft
Lot
57.14 × 269.43 ft
Cross streets
Sheppard & Bayview
Parking
3 garage · 8 parking (attached)
Driveway
Private
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Other
Foundation
Other
Roof
Other
Sewer
Sewer
Property tax
$22,198 / 2026
Days on market
18
Listing brokerage
AVION REALTY INC.

Rooms

FoyerGround8.05 × 3.75 m

limestone flooring · skylight · heated floor

RecreationBasement16.08 × 4.55 m

w/o to yard · hardwood floor · wet bar

Bedroom 2Second5.90 × 3.80 m

4 pc ensuite · walk-in closet(s) · hardwood floor

KitchenGround9.40 × 6.91 m

b/i appliances · granite counters · pot lights

Primary BedroomSecond6.12 × 4.82 m

6 pc ensuite · his and hers closets · gas fireplace

Family RoomGround5.70 × 3.60 m

gas fireplace · crown moulding · hardwood floor

Bedroom 4Second4.06 × 3.72 m

semi ensuite · double closet · pot lights

LibraryGround3.40 × 2.95 m

panelled · pot lights

Dining RoomGround5.15 × 5.00 m

coffered ceiling(s) · hardwood floor · pot lights

Bedroom 5Second4.59 × 3.63 m

semi ensuite · double closet · pot lights

Bedroom 3Second5.54 × 3.33 m

4 pc ensuite · walk-in closet(s) · hardwood floor

Living RoomGround5.52 × 5.15 m

hardwood floor · crown moulding · pot lights

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
$4.39Mavg asking

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 $1,033/sqft; this home lists at $984/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
4.18MThis home4.49M3.69M5.00MThis 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
$2.19M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M
Steeles
$1.20M
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 · 0.7 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 elementary0.8 km · 80% at standard
Hollywood Public School · Public elementary1.5 km · 96% at standard
Lescon Public School · Public elementary1.5 km · 44% at standard
Divine Mercy Catholic School · Catholic elementary1.6 km · 61% at standard
Dunlace Public School · Public elementary1.6 km · 69% at standard
Dallington Public School · Public elementary1.7 km · 44% at standard
Finch Public School · Public elementary1.8 km · 72% at standard
Blessed Trinity Catholic School · Catholic elementary1.8 km · 53% at standard
Crestview Public School · Public elementary1.8 km · 69% at standard
St Timothy Catholic School · Catholic elementary2.0 km · 80% at standard
Lester B Pearson Elementary School · Public elementary2.0 km · 92% at standard
Shaughnessy Public School · Public elementary2.0 km · 68% at standard

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

Affordability & Mortgage

Affordability
$19,051/mo
$788KIncome needed
5.3×Price ÷ income
$4,396Weekly cost
$195,550Land 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 $19,051Property tax $1,850Total carry $20,901

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$18,490per month

Mortgage amount $3,344,000 · 4.49% over 25 years

$836,000Down payment (20.0%)
$3,344,000Loan before insurance
$0CMHC premium
$20,339Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18,490
Property tax
$1,850
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20,339

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

One-time closing costs

Ontario land transfer tax
$90,975
Toronto municipal land transfer tax
$104,575
Estimated closing costs
$195,550

Plus your down payment of $836,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$22,379/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

$2,202,865Total interest paid
$5,546,865Total of all payments
Principal $3,344,000 Interest $2,202,865
YearPrincipalInterestBalance
1$74,624$147,251$3,269,376
2$78,012$143,863$3,191,364
3$81,554$140,320$3,109,810
4$85,257$136,618$3,024,553
5$89,128$132,747$2,935,425
6$93,175$128,700$2,842,250
7$97,405$124,469$2,744,845
8$101,828$120,047$2,643,017
9$106,451$115,423$2,536,566
10$111,285$110,590$2,425,281
11$116,337$105,537$2,308,944
12$121,620$100,255$2,187,324
13$127,142$94,733$2,060,183
14$132,914$88,960$1,927,268
15$138,949$82,925$1,788,319
16$145,258$76,617$1,643,061
17$151,853$70,021$1,491,208
18$158,748$63,127$1,332,460
19$165,956$55,919$1,166,504
20$173,491$48,384$993,013
21$181,368$40,507$811,645
22$189,603$32,272$622,042
23$198,212$23,663$423,831
24$207,211$14,663$216,619
25$216,619$5,255$0

At the end of your 5-year term

Total paid over the term
$1,109,373
Principal paid down
$408,575
Interest paid
$700,798
Balance remaining
$2,935,425

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$7,350/mo
$88,200Gross annual rent
1.3%Cap rate after taxes and upkeep

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.

2.1%
Gross yield
− Property tax $22,198− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $54,900

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

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