131 Burbank Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13849006

$2,499,999

For Sale

Listed 18 days agoNo offer date stated

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3+2Bedrooms

3Bathrooms

2Garage · 8 parking

2000-2500Sq ft

About this home

In short

Welcome To This Stunning Bungalow Situated On A Spectacular 70 X 205 Ft Ravine Lot.
Surrounded By Nature & Offering Exceptional Privacy, This Beautiful Home Features A Full Walk-Out Basement And Combines The Convenience Of City Living With The...
Move In & Enjoy As-Is, Renovate To Your Taste, Or Take Advantage Of The Incredible Lot To Build Your Dream Custom Home With Plenty Of Space For An Indoor Or Outdoor Pool.
A Rare Opportunity Offering Beautiful Ravine Views, An Exceptional Lot & Tremendous Future Development Potential.

Welcome To This Stunning Bungalow Situated On A Spectacular 70 X 205 Ft Ravine Lot! Surrounded By Nature & Offering Exceptional Privacy, This Beautiful Home Features A Full Walk-Out Basement And Combines The Convenience Of City Living With The Peaceful Feel Of A Country Retreat. Move In & Enjoy As-Is, Renovate To Your Taste, Or Take Advantage Of The Incredible Lot To Build Your Dream Custom Home With Plenty Of Space For An Indoor Or Outdoor Pool. A Rare Opportunity Offering Beautiful Ravine Views, An Exceptional Lot & Tremendous Future Development Potential!

Key facts

Property type: Detached, Bungalow
MLS®: C13849006
Bedrooms: 3+2 (5 total)
Bathrooms: 3
Size: 2000-2500 sq ft
Lot: 70 × 205 ft
Cross streets: Bayview/Sheppard
Parking: 2 garage · 8 parking (attached)
Driveway: Private
Basement: Finished, Finished with Walk-Out, Walk-Out
Kitchens: 2 (1 + 1)
Heating: Forced Air
A/C: Central Air
Exterior: Brick
Foundation: Brick, Concrete
Roof: Asphalt Shingle
Sewer: Sewer
Property tax: $17,210 / 2026
Days on market: 18
Listing brokerage: RE/MAX EXCEL REALTY LTD.

Rooms

Primary BedroomMain5.04 × 4.05 m

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

Dining RoomMain3.07 × 3.48 m

picture window · hardwood floor · overlooks ravine

Bedroom 2Main3.62 × 3.44 m

Double Closet

Bedroom 3Main3.50 × 2.88 m

Hardwood Floor

RecreationLower4.51 × 7.97 m

stone fireplace · wet bar · overlooks ravine

Bedroom 5Lower4.51 × 3.78 m

Double Closet

Living RoomMain4.65 × 6.66 m

marble fireplace · picture window · hardwood floor

Bedroom 4Lower4.92 × 4.00 m

double closet · overlooks backyard

Family RoomMain4.90 × 4.29 m

gas fireplace · open concept · overlooks ravine

KitchenMain3.29 × 6.16 m

modern kitchen · eat-in kitchen · w/o to deck

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.

Book a private showing WhatsApp Moe Call (416) 837-8000

What sellers nearby are askingCurrently listed nearby in Bayview Village · asking prices

For sale

$2,988,00042 Heathview Avenue, Bayview Village4 bed · 3 bath · 2500-3000 sq ftView this home →

For sale

$1,888,00022 Brucedale Crescent, Bayview Village3+2 bed · 3 bath · 1500-2000 sq ftView this home →

For sale

$1,798,00046 Palomino Crescent, Bayview Village3+2 bed · 3 bath · 1500-2000 sq ftView this home →

For sale

$1,499,9009 Bunty Lane, Bayview Village3+2 bed · 3 bath · 1500-2000 sq ftView this home →

For sale

$1,950,00025 Burbank Drive, Bayview Village3+2 bed · 4 bath · 1500-2000 sq ftView this home →

For sale

$1,600,00024 Burleigh Heights Drive, Bayview Village3+1 bed · 3 bath · 1500-2000 sq ftView this home →

For sale

$1,498,00029 Heathview Avenue, Bayview Village3 bed · 3 bath · 1500-2000 sq ftView this home →

$2.02Mavg asking

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

42 Heathview Avenue $1,087/sqft$2.99M 22 Brucedale Crescent $1,079/sqft$1.89M 46 Palomino Crescent $1,027/sqft$1.80M 9 Bunty Lane $857/sqft$1.50M 25 Burbank Drive $1,114/sqft$1.95M

Per square foot, these ask about $1,033/sqft; this home lists at $1,111/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes

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

$2.29M

Banbury-Don Mills

$5.50M

Steeles

$1.20M

Wexford-Maryvale

$849K

Leaside

$2.48M

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.

85%

Elkhorn Public SchoolPublic · Elementary · 0.8 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 elementary0.3 km · 80% at standard

Hollywood Public School · Public elementary1.2 km · 96% at standard

Finch Public School · Public elementary1.2 km · 72% at standard

Blessed Trinity Catholic School · Catholic elementary1.3 km · 53% at standard

Lester B Pearson Elementary School · Public elementary1.6 km · 92% at standard

St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.8 km · 74% at standard

Cummer Valley Middle School · Public elementary1.9 km · 79% at standard

Divine Mercy Catholic School · Catholic elementary2.0 km · 61% at standard

Lescon Public School · Public elementary2.0 km · 44% at standard

Dunlace Public School · Public elementary2.0 km · 69% at standard

Pineway Public School · Public elementary2.1 km · 48% at standard

Crestview Public School · Public elementary2.1 km · 69% at standard

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

Affordability & Mortgage

Affordability

$11,394/mo

$485KIncome needed

5.2×Price ÷ income

$2,629Weekly cost

$97,950Land 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.

Mortgage $11,394Property tax $1,434Total carry $12,828

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

Home price

Down payment20.0%

Homes over $1.5M can't be insured, so 20% down or more is required.

Interest rate4.49%

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.

Amortization

years

Payment frequency

Mortgage term

years (your rate-locked period)

Property is in the City of TorontoFirst-time home buyer (land transfer rebate)

$11,058per month

Mortgage amount $1,999,999 · 4.49% over 25 years

$500,000Down payment (20.0%)

$1,999,999Loan before insurance

$0CMHC premium

$12,493Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent): $11,058
Property tax: $1,434
Condo / maintenance fees: $0
Heating: $0
Estimated monthly cost: $12,493

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

One-time closing costs

Ontario land transfer tax: $48,975
Toronto municipal land transfer tax: $48,975
Estimated closing costs: $97,950

Plus your down payment of $500,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate

$13,384/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

$1,317,502Total interest paid

$3,317,502Total of all payments

Principal $1,999,999 Interest $1,317,502

YearPrincipalInterestBalance

1$44,631$88,069$1,955,368

2$46,658$86,042$1,908,710

3$48,776$83,924$1,859,933

4$50,991$81,709$1,808,942

5$53,306$79,394$1,755,636

6$55,727$76,974$1,699,910

7$58,257$74,443$1,641,653

8$60,902$71,798$1,580,751

9$63,667$69,033$1,517,084

10$66,558$66,142$1,450,526

11$69,580$63,120$1,380,947

12$72,739$59,961$1,308,208

13$76,042$56,658$1,232,166

14$79,494$53,206$1,152,672

15$83,104$49,597$1,069,568

16$86,877$45,823$982,692

17$90,821$41,879$891,870

18$94,945$37,755$796,925

19$99,256$33,444$697,670

20$103,762$28,938$593,907

21$108,474$24,226$485,434

22$113,399$19,301$372,035

23$118,548$14,152$253,487

24$123,930$8,770$129,557

25$129,557$3,143$0

At the end of your 5-year term

Total paid over the term: $663,500
Principal paid down: $244,363
Interest paid: $419,137
Balance remaining: $1,755,636

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$4,200/mo

$50,400Gross annual rent

1.0%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.

2.0%

Gross yield

− Property tax $17,210− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $26,246

Helpful resources

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

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