42 Faye Drive, Toronto, ON

Pleasant View, Toronto · MLS® C13879454

$1,299,999
For Sale
Listed 9 days agoNo offer date stated

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5+2Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Gorgeous Renovated Home On Large Premium Lot In High Demand Neighbourhood.
  • Renovated Modern and Open Concept Kitchen Combine with Breakfast Area.
  • Separate Entrance To Garage, Ground And Bsmt.
  • 2 Ensuite Brs In Bsmt may bring potential income.
  • Many Upgrades: Owned HWT and Furnace(2024).

Gorgeous Renovated Home On Large Premium Lot In High Demand Neighbourhood. Great Layout, Bright And Spacious. New Laminate Flooring Above Ground. Renovated Modern and Open Concept Kitchen Combine with Breakfast Area. Smooth Ceiling Brings Bigger Room. New lightings and Pot lights. Separate Entrance To Garage, Ground And Bsmt. Family Room W/O to Big Backyard. 2 Ensuite Brs In Bsmt may bring potential income. Perfect Opportunity for Big family or Investors. Many Upgrades: Owned HWT and Furnace(2024). Fridge (2025). Roof and Garage door (2019). Newer S/S Appliances. High & Large Crawl Space. Great Location: Walking Distance To TTC, Park, Library, Schools, Community Center And Church. Close To Fairview, Seneca, Plaza. Easy Access To 401/404/407. Motivated Seller with Good Price. It won't last long in this market! Please see video from the link.

Key facts

Property type
Detached, Backsplit 4
MLS®
C13879454
Bedrooms
5+2 (7 total)
Bathrooms
4
Size
2000-2500 sq ft
Lot
60.05 × 135.25 ft
Cross streets
Faye and Sepia Dr
Parking
2 garage · 6 parking (attached)
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,788 / 2026
Days on market
9
Listing brokerage
BAY STREET GROUP INC.

Rooms

Bedroom 2Upper4.03 × 2.91 m

laminate · closet · overlooks backyard

Bedroom 4Ground3.62 × 3.17 m

laminate · large window

KitchenBasement6.18 × 1.09 m

tile floor · double sink

Living RoomMain4.47 × 3.50 m

overlooks frontyard · laminate · pot lights

Bedroom 3Upper2.96 × 2.95 m

laminate · window · closet

Bedroom 5Ground2.96 × 2.92 m

laminate · window

Family RoomGround4.52 × 3.64 m

w/o to yard · laminate · fireplace

BedroomBasement4.15 × 2.50 m

vinyl floor · 3 pc ensuite

Primary BedroomUpper4.33 × 3.74 m

laminate · double closet · overlooks backyard

BedroomBasement4.15 × 2.85 m

vinyl floor · 3 pc ensuite

KitchenMain5.22 × 2.96 m

modern kitchen · open concept · breakfast area

Dining RoomMain3.71 × 3.33 m

large window · laminate · pot lights

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

Its public catchment (Pleasant View Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Pleasant View, 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 Pleasant View Middle School
78%
Pleasant View Middle SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 78% meet the provincial standard
Ernest Public SchoolEQAO results not published
St. KateriEQAO results not published
Also nearby: 12 more schools within 2.5 km
Ernest Public School · Public elementary0.3 km · 63% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary0.4 km · 75% at standard
Kingslake Public School · Public elementary0.7 km · 55% at standard
Seneca Hill Public School · Public elementary0.9 km · 92% at standard
Brian Public School · Public elementary1.0 km · 70% at standard
Cherokee Public School · Public elementary1.1 km · 62% at standard
North East Secondary Alternative School · Public secondary1.1 km
Georges Vanier Secondary School · Public secondary1.2 km · 65% at standard
Woodbine Middle School · Public elementary1.2 km · 45% at standard
Muirhead Public School · Public elementary1.2 km · 35% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary1.2 km
J B Tyrrell Senior Public School · Public elementary1.2 km

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

Affordability & Mortgage

Affordability
$5,925/mo
$250KIncome needed
5.2×Price ÷ income
$1,367Weekly cost
$44,950Land 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.

90%mortgage
Mortgage $5,925Property tax $649Total carry $6,574

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%
$
%
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)
$5,750per month

Mortgage amount $1,039,999 · 4.49% over 25 years

$260,000Down payment (20.0%)
$1,039,999Loan before insurance
$0CMHC premium
$6,399Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,750
Property tax
$649
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,399

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

One-time closing costs

Ontario land transfer tax
$22,475
Toronto municipal land transfer tax
$22,475
Estimated closing costs
$44,950

Plus your down payment of $260,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,960/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

$685,101Total interest paid
$1,725,100Total of all payments
Principal $1,039,999 Interest $685,101
YearPrincipalInterestBalance
1$23,208$45,796$1,016,791
2$24,262$44,742$992,529
3$25,364$43,640$967,165
4$26,515$42,489$940,650
5$27,719$41,285$912,930
6$28,978$40,026$883,953
7$30,293$38,711$853,659
8$31,669$37,335$821,990
9$33,107$35,897$788,883
10$34,610$34,394$754,273
11$36,181$32,823$718,092
12$37,824$31,180$680,268
13$39,542$29,462$640,726
14$41,337$27,667$599,389
15$43,214$25,790$556,175
16$45,176$23,828$511,000
17$47,227$21,777$463,772
18$49,371$19,633$414,401
19$51,613$17,391$362,788
20$53,956$15,048$308,832
21$56,406$12,598$252,425
22$58,967$10,037$193,458
23$61,645$7,359$131,813
24$64,444$4,560$67,370
25$67,370$1,634$0

At the end of your 5-year term

Total paid over the term
$345,020
Principal paid down
$127,069
Interest paid
$217,951
Balance remaining
$912,930

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
2.7%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.

3.9%
Gross yield
− Property tax $7,788− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,668

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

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