42 Heathview Avenue, Toronto, ON
Bayview Village, Toronto · MLS® C14030448
About this home
In short
- RENOVATED 4BR RANCH BUNGALOW SITUATED ON A 1/3 ACRE (64.47'X 236') RAVINE LOT W/ HEATED INGROUND SALTWATER POOL.
- Nearly Every Room Offers Picturesque Views Of The Rear Gardens And Ravine.
- The Gourmet Kitchen Is Equipped With Stainless Steel Appliances, Quartz Counters, And A Breakfast Area Overlooking The Pool/Ravine.
- Tranquil Primary Suite With Walk In Closet And 6 Piece Spa Inspired Ensuite With Steam Shower and Heated Flooring.
- The Magnificent Rear Gardens Are An Oasis, Featuring A Heated Saltwater In-Ground Pool, Inground Sprinkler System on Wifi, Hot Tub, Stone Sitting Area, And An Upper...
RENOVATED 4BR RANCH BUNGALOW SITUATED ON A 1/3 ACRE (64.47'X 236') RAVINE LOT W/ HEATED INGROUND SALTWATER POOL!!!! Enjoy Unparalleled Privacy Surrounded By Lush Greenery And Mature Trees. This Renovated Four-Bedroom Ranch Bungalow Features Spacious Principal Rooms Bathed In Natural Light From Large Windows And Multiple Skylights. Nearly Every Room Offers Picturesque Views Of The Rear Gardens And Ravine. The Gourmet Kitchen Is Equipped With Stainless Steel Appliances, Quartz Counters, And A Breakfast Area Overlooking The Pool/Ravine. Tranquil Primary Suite With Walk In Closet And 6 Piece Spa Inspired Ensuite With Steam Shower and Heated Flooring. The Home Offers A Seamless Transition Between Indoor And Outdoor Living, With Direct Access To The Rear Gardens From The Living Room, Dining Room, And Lower Level, Making It An Entertainer's Dream. The Lower Level Provides A Recreation Area With A Gas Fireplace And A Walkout To The Rear Gardens, A 1000-Bottle Temperature-Controlled Wine Cellar, Two Additional Bedrooms, An Oversized Laundry Room, And Ample Storage. The Magnificent Rear Gardens Are An Oasis, Featuring A Heated Saltwater In-Ground Pool, Inground Sprinkler System on Wifi, Hot Tub, Stone Sitting Area, And An Upper Terrace. Multiple Skylights, Convenient Central Vacuum, Heated Flooring. Main Floor Freshly Painted. New Garage Door, New Front Door And Pot Lights In 2024. Conveniently Located in the Highly Sought After Bayview Village, Close to All Amenities !!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C14030448
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 2500-3000 sq ft
- Lot
- 64.47 × 236.64 ft
- Cross streets
- E of Bayview S of Finch
- Parking
- 2 garage · 8 parking (built-in)
- Driveway
- Private, Private Double
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block, Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground, Outdoor, Salt
- Property tax
- $15,599 / 2026
- Days on market
- 5
- Listing brokerage
- RE/MAX REALTY SPECIALISTS INC.
Rooms
B/I Shelves
recessed lighting · closet · overlooks pool
overlooks ravine · walk-in closet(s) · overlooks pool
overlooks pool · hardwood floor · closet
updated · b/i appliances · overlooks pool
5 pc ensuite · hardwood floor · walk-in closet(s)
combined w/kitchen · pot lights · overlooks pool
w/o to yard · gas fireplace · overlooks pool
walk-out · hardwood floor · overlooks pool
w/o to garage · skylight · double closet
gas fireplace · hardwood floor · overlooks pool
tile floor · b/i shelves
Listed at $2,988,000. Going by how homes in Bayview Village and the wider GTA have actually closed against their asking prices (about 96%, 18 local closings in 90 days), the likely sale price is near $2.88M, if it sells. A realistic range is $2.70M to $3.25M.
Independent value check: $2.60M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $2.43M and $2.72M).
Why $2.60M. The typical detached home sold in Bayview Village over the past year went for about $1.98M (55 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $15,599 a year; the typical home sold here pays about $11,500.
- ▲ Raises it stronglyIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises it slightlyIts lot is 64 by 237 ft; the typical lot sold here is 60 by 129.
- ▲ Raises it slightly2 garage and 8 total parking spaces, against 2 and 6 typically.
Total price vs nearby homes. Likely closing about $2.88M, from 18 recent closings in this pocket.
The market behind the math:
About 1.5 months of inventory: 9 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,087/sqft against an area asking average of $1,109/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.26M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($1,087/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Bayview Village, so I widened the search to the surrounding area.
Based on 18 comparable homes that sold in Bayview Village over the past two years, from 111 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.60M, which is where my estimate comes from.
Per square foot, these ask about $1,185/sqft; this home lists at $1,087/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Bayview Village, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,390,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,217
- Property tax
- $1,300
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,517
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $61,175
- Toronto municipal land transfer tax
- $61,175
- Estimated closing costs
- $122,350
Plus your down payment of $597,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $793,016
- Principal paid down
- $292,063
- Interest paid
- $500,953
- Balance remaining
- $2,098,337
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.
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
The suite is real income here: basements rent in Bayview Village (21 of 141 recent detached leases were basement units, around $2,000 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,000 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 19 whole-home leases in Bayview Village signed at a median of $5,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,209. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.