2 Colvestone Road, Toronto, ON

St. Andrew-Windfields, Toronto · MLS® C13847790

$2,495,000
For Sale
Listed 18 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
2Garage · 8 parking
3000-3500Sq ft

About this home

In short

  • Rarely does a 1/3-acre lot come to market in the prestigious Bayview & York Mills.
  • 2 Colvestone Rd offers a blank canvas: build your dream home or renovate the existing one.
  • Close to top schools, private clubs, ravine trails, and Bayview Village, with quick access to major highways.

Rarely does a 1/3-acre lot come to market in the prestigious Bayview & York Mills. 2 Colvestone Rd offers a blank canvas: build your dream home or renovate the existing one. Large principal rooms provide a strong foundation for elegant entertaining and family living. Mature trees create a private, park-like setting rarely found in the city. Close to top schools, private clubs, ravine trails, and Bayview Village, with quick access to major highways. Endless potential on a sought-after street!

Key facts

Property type
Detached, Sidesplit 4
MLS®
C13847790
Bedrooms
3+1 (4 total)
Bathrooms
3
Size
3000-3500 sq ft
Lot
163.08 × 153.72 ft
Cross streets
BAYVIEW & YORK MILLS
Parking
2 garage · 8 parking (built-in)
Driveway
Circular Drive
Basement
Walk-Up
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Pool
Inground
Property tax
$14,931 / 2025
Days on market
18
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Living RoomMain6.65 × 4.14 m

fireplace · large window · broadloom

Bedroom 2Upper3.60 × 3.40 m

double closet · broadloom · window

Family RoomMain7.99 × 3.93 m

b/i bookcase · fireplace · w/o to yard

OfficeMain4.20 × 3.98 m

2 way fireplace · large window

Dining RoomMain7.22 × 4.54 m

hardwood floor · large window · swing doors

Bedroom 3Upper3.94 × 3.50 m

double closet · broadloom · window

RecreationLower8.08 × 4.00 m

cedar closet(s) · fireplace · window

BedroomLower3.20 × 3.00 m

hardwood floor · double closet · large window

Primary BedroomUpper7.98 × 5.00 m

4 pc ensuite · his and hers closets · large window

KitchenMain6.27 × 3.23 m

breakfast area · w/o to yard · stainless steel appl

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 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.

What sellers nearby are askingCurrently listed nearby in St. Andrew-Windfields · asking prices
$2.39Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $844/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.50MThis home3.50M2.13M2.03M2.00M2.29MThis home vs active comparables

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.

Banbury-Don Mills
$5.50M
Willowdale East
$2.19M
Leaside
$2.15M
Wexford-Maryvale
$849K
Woodbine-Lumsden
$949K

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 Harrison Public School
82%
Harrison Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 82% meet the provincial standard
Park Lane Public SchoolEQAO results not published
Also nearby: 10 more schools within 2.5 km
Windfields Middle School · Public elementary0.5 km · 91% at standard
Dunlace Public School · Public elementary1.1 km · 69% at standard
St Andrew's Middle School · Public elementary1.2 km · 81% at standard
Denlow Public School · Public elementary1.3 km · 90% at standard
Owen Public School · Public elementary1.4 km · 59% at standard
Rippleton Public School · Public elementary1.9 km · 75% at standard
Elkhorn Public School · Public elementary2.0 km · 85% at standard
Avondale Alternative Elementary School · Public elementary2.1 km · 94% at standard
Avondale Public School · Public elementary2.1 km · 70% at standard
Hollywood Public School · Public elementary2.3 km · 96% at standard

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

Affordability & Mortgage

Affordability
$11,371/mo
$477KIncome needed
5.2×Price ÷ income
$2,624Weekly cost
$97,700Land 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.

90%mortgage
Mortgage $11,371Property tax $1,244Total carry $12,616

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)
$11,036per month

Mortgage amount $1,996,000 · 4.49% over 25 years

$499,000Down payment (20.0%)
$1,996,000Loan before insurance
$0CMHC premium
$12,280Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,036
Property tax
$1,244
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,280

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

One-time closing costs

Ontario land transfer tax
$48,850
Toronto municipal land transfer tax
$48,850
Estimated closing costs
$97,700

Plus your down payment of $499,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,358/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

$1,314,868Total interest paid
$3,310,868Total of all payments
Principal $1,996,000 Interest $1,314,868
YearPrincipalInterestBalance
1$44,542$87,892$1,951,458
2$46,565$85,870$1,904,893
3$48,679$83,756$1,856,214
4$50,889$81,546$1,805,325
5$53,200$79,235$1,752,126
6$55,615$76,820$1,696,511
7$58,140$74,294$1,638,370
8$60,780$71,655$1,577,590
9$63,540$68,895$1,514,051
10$66,425$66,010$1,447,626
11$69,441$62,994$1,378,185
12$72,593$59,841$1,305,592
13$75,890$56,545$1,229,702
14$79,335$53,100$1,150,367
15$82,937$49,497$1,067,430
16$86,703$45,732$980,727
17$90,640$41,795$890,087
18$94,755$37,680$795,332
19$99,057$33,377$696,275
20$103,555$28,880$592,720
21$108,257$24,178$484,463
22$113,172$19,263$371,291
23$118,311$14,124$252,980
24$123,682$8,752$129,298
25$129,298$3,137$0

At the end of your 5-year term

Total paid over the term
$662,174
Principal paid down
$243,874
Interest paid
$418,299
Balance remaining
$1,752,126

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$6,300/mo
$75,600Gross annual rent
2.0%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.

3.0%
Gross yield
− Property tax $14,931− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $50,953

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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