1 Tally Lane, Toronto, ON

Bayview Village, Toronto · MLS® C14030946

$3,498,000
For Sale
Listed 5 days agoNo offer date stated

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4+3Bedrooms
5Bathrooms
2Garage · 7 parking
3500-5000Sq ft

About this home

In short

  • 75-foot lot in the heart of Bayview Village featuring a unique 2-level library.
  • This exquisite custom-built residence offers timeless elegance and luxurious finishes with over 4250sq ft of living space across the main and second floors.
  • An elegant marble foyer leads to the living and dining areas on the main floor, adorned with wide oak hardwood floors.
  • The impressive large foyer/entrance boasts a fabulous two-level library with a 20-foot high ceiling, wall paneling on the main floor, and wainscoting on first and the...
  • Designed for family living and entertainment, the open-concept layout connects the large family room to a beautiful wall unit and gas fireplace in one slap of real stone.

WOW! 75-foot lot in the heart of Bayview Village featuring a unique 2-level library! This exquisite custom-built residence offers timeless elegance and luxurious finishes with over 4250sq ft of living space across the main and second floors. An elegant marble foyer leads to the living and dining areas on the main floor, adorned with wide oak hardwood floors. The home features 4 bedrooms with coffered ceilings and a magnificent central dome skylight with an artful lens. The impressive large foyer/entrance boasts a fabulous two-level library with a 20-foot high ceiling, wall paneling on the main floor, and wainscoting on first and the second floor. The large eat-in kitchen includes a massive center island and a gorgeous breakfast area overlooking the backyard and deck. The family room offers a walk-out to the backyard and an extensive garage (22 Feet). There is a main floor office, with a second office located on the upper floor. Designed for family living and entertainment, the open-concept layout connects the large family room to a beautiful wall unit and gas fireplace in one slap of real stone. Each of the 4 bedrooms on the second floor has its own ensuite bathroom. The primary bedroom is a luxurious retreat, featuring a massive walk-in closet, a fireplace, and a large 5-piece ensuite. The fantastic basement includes three additional bedrooms and a huge recreation room and Cedar closet. Making this residence magnificently designed, extraordinarily detailed, and superbly crafted for comfort and elegance.

Key facts

Property type
Detached, 2-Storey
MLS®
C14030946
Bedrooms
4+3 (7 total)
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
75.03 × 103.44 ft
Cross streets
Sheppard Ave / Bayview Ave/ Burbank Dr
Parking
2 garage · 7 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$18,876 / 2026
Days on market
5
Listing brokerage
CENTRAL HOME REALTY INC.

Rooms

Primary BedroomSecond6.29 × 5.32 m

fireplace · walk-in closet(s) · 5 pc ensuite

BedroomBasement4.01 × 3.99 m

pot lights · above grade window · b/i closet

Bedroom 3Second3.95 × 3.90 m

hardwood floor · b/i closet · semi ensuite

RecreationBasement9.24 × 6.19 m

pot lights · above grade window

KitchenMain4.56 × 4.09 m

centre island · b/i appliances · built-in speakers

Bedroom 4Second5.02 × 3.85 m

hardwood floor · b/i closet · semi ensuite

Living RoomMain5.27 × 3.95 m

stone fireplace · wainscoting · built-in speakers

Family RoomMain6.09 × 4.71 m

stone fireplace · built-in speakers · coffered ceiling(s)

LibrarySecond3.65 × 2.05 m

wood trim · b/i bookcase · hardwood floor

Bedroom 2Second3.95 × 3.90 m

hardwood floor · 3 pc bath · walk-in closet(s)

Dining RoomMain5.53 × 3.65 m

pot lights · large window · wainscoting

OfficeMain3.65 × 3.99 m

wood trim · b/i bookcase · picture window

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.

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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.

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.

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 · 0.6 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 elementary0.6 km · 80% at standard
Hollywood Public School · Public elementary1.3 km · 96% at standard
Finch Public School · Public elementary1.6 km · 72% at standard
Dunlace Public School · Public elementary1.6 km · 69% at standard
Blessed Trinity Catholic School · Catholic elementary1.7 km · 53% at standard
Lescon Public School · Public elementary1.7 km · 44% at standard
Divine Mercy Catholic School · Catholic elementary1.8 km · 61% at standard
Dallington Public School · Public elementary1.9 km · 44% at standard
Lester B Pearson Elementary School · Public elementary1.9 km · 92% at standard
Crestview Public School · Public elementary2.0 km · 69% at standard
Harrison Public School · Public elementary2.1 km · 82% at standard
St Timothy Catholic School · Catholic elementary2.2 km · 80% at standard

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

Affordability & Mortgage

Affordability
$15,943/mo
$661KIncome needed
5.3×Price ÷ income
$3,679Weekly cost
$152,830Land 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 $15,943Property tax $1,573Total carry $17,516

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,473per month

Mortgage amount $2,798,400 · 4.49% over 25 years

$699,600Down payment (20.0%)
$2,798,400Loan before insurance
$0CMHC premium
$17,046Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,473
Property tax
$1,573
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,046

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

One-time closing costs

Ontario land transfer tax
$73,925
Toronto municipal land transfer tax
$78,905
Estimated closing costs
$152,830

Plus your down payment of $699,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$18,727/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

$1,843,450Total interest paid
$4,641,850Total of all payments
Principal $2,798,400 Interest $1,843,450
YearPrincipalInterestBalance
1$62,448$123,226$2,735,952
2$65,284$120,390$2,670,668
3$68,248$117,426$2,602,420
4$71,347$114,327$2,531,073
5$74,586$111,088$2,456,487
6$77,973$107,701$2,378,515
7$81,513$104,161$2,297,002
8$85,214$100,460$2,211,788
9$89,083$96,591$2,122,705
10$93,128$92,546$2,029,577
11$97,356$88,318$1,932,221
12$101,776$83,898$1,830,445
13$106,397$79,277$1,724,048
14$111,228$74,446$1,612,819
15$116,278$69,396$1,496,541
16$121,558$64,116$1,374,983
17$127,077$58,597$1,247,906
18$132,847$52,827$1,115,059
19$138,879$46,795$976,180
20$145,184$40,490$830,995
21$151,776$33,898$679,219
22$158,668$27,006$520,551
23$165,872$19,802$354,679
24$173,403$12,271$181,276
25$181,276$4,398$0

At the end of your 5-year term

Total paid over the term
$928,370
Principal paid down
$341,913
Interest paid
$586,457
Balance remaining
$2,456,487

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
1.7%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.

2.5%
Gross yield
− Property tax $18,876− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $58,222

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

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