25 Burbank Drive, Toronto, ON

Bayview Village, Toronto · MLS® C14088876

$1,950,000
For Sale
Listed 3 days agoNo offer date stated
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3+2Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Oversized renovated bungalow situated on a premium 62 x 134 ft lot in the highly sought-after Bayview Village neighbourhood.
  • A rare opportunity for families, investors, or builders to own a move-in ready home in one of North York's most prestigious neighbourhoods.
  • The bright, spacious main level features hardwood flooring, an updated kitchen with granite countertops, a large living room with a fireplace, generous-sized...
  • Separate entrance to a fully finished basement, complete with raised hardwood floors, kitchen, bedrooms, and multiple bathrooms-ideal for extended family, rental...
  • Additional features include: Separate entrance to renovated basement suite; 4 bathrooms; Hardwood flooring throughout main floor and basement living areas; Updated...

Oversized renovated bungalow situated on a premium 62 x 134 ft lot in the highly sought-after Bayview Village neighbourhood. A rare opportunity for families, investors, or builders to own a move-in ready home in one of North York's most prestigious neighbourhoods. The bright, spacious main level features hardwood flooring, an updated kitchen with granite countertops, a large living room with a fireplace, generous-sized bedrooms, and bathrooms. Separate entrance to a fully finished basement, complete with raised hardwood floors, kitchen, bedrooms, and multiple bathrooms-ideal for extended family, rental income, or multi-generational living. Additional features include: Separate entrance to renovated basement suite; 4 bathrooms; Hardwood flooring throughout main floor and basement living areas; Updated kitchen with granite countertops; Large deck overlooking the backyard; Insulated garage door; Move-in ready with excellent future upside. Prime Bayview Village location: Walking distance to Bessarion Subway Station; Minutes to Bayview Village Shopping Centre; Close to YMCA, parks, library, restaurants and everyday amenitiesLocated within the top-ranked Earl Haig S.S. Quick access to Highways 401 and 404 .

Key facts

Property type
Detached, Bungalow
MLS®
C14088876
Bedrooms
3+2 (5 total)
Bathrooms
4
Size
1500-2000 sq ft
Lot
62 × 134 ft
Cross streets
Sheppard/Burbank
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$11,183 / 2025
Days on market
3
Listing brokerage
AIMHOME REALTY INC.

Rooms

Bedroom 3Ground3.30 × 2.90 m

hardwood floor · closet

Living RoomGround6.10 × 3.70 m

hardwood floor · l-shaped room · fireplace

Dining RoomGround3.40 × 3.10 m

hardwood floor · w/o to deck · combined w/living

KitchenGround4.80 × 3.10 m

renovated · granite counters · stainless steel appl

KitchenBasement0.00 × 0.00 m

ceramic floor · family size kitchen · above grade window

Bedroom 2Ground4.50 × 3.40 m

hardwood floor · closet

BedroomBasement3.80 × 4.30 m

Hardwood Floor

RecreationBasement8.10 × 3.60 m

hardwood floor · above grade window

Primary BedroomGround3.40 × 3.40 m

hardwood floor · 3 pc ensuite · closet

BedroomBasement4.10 × 3.80 m

hardwood floor · above grade window · 3 pc bath

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.88Mlikely sale price

Listed at $1,950,000. 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 $1.88M, if it sells. A realistic range is $1.76M to $2.12M.

Independent value check: $1.78M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.67M and $1.86M).

Why $1.78M. The typical detached home sold in Bayview Village over the past year went for about $1.98M (55 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $11,183 a year; the typical home sold here pays about $11,500.
List price
$1.76MBelow recent closings$2.12MAbove recent closings

Total price vs nearby homes. Likely closing about $1.88M, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$1.78Mmedian sold price
94%of asking, on average
−9%prices vs a year ago
~20 dayshomes like this take to sell
3days on market so far
$4,650/moest. rent · 45 leases
2.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 8 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,114/sqft against an area asking average of $1,108/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Bayview Village: 21 of the 141 detached leases here lately were basement units, around $2,000 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 $1.69M. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 ($1,114/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 18 comparable homes that sold in Bayview Village over the past two years, from 111 closings there.

What sellers nearby are askingCurrently listed nearby in Bayview Village · asking prices
$1.73Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $988/sqft; this home lists at $1,114/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.95MThis home1.89M1.80M1.50MThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

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
$2.19M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M
Wexford-Maryvale
$849K
Steeles
$1.20M

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 Elkhorn Public School
85%
Elkhorn Public SchoolPublic · Elementary · 0.3 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 elementary0.9 km · 80% at standard
Dunlace Public School · Public elementary1.1 km · 69% at standard
Hollywood Public School · Public elementary1.2 km · 96% at standard
Harrison Public School · Public elementary1.6 km · 82% at standard
Windfields Middle School · Public elementary1.8 km · 91% at standard
Lescon Public School · Public elementary1.9 km · 44% at standard
Dallington Public School · Public elementary1.9 km · 44% at standard
Shaughnessy Public School · Public elementary2.0 km · 68% at standard
Finch Public School · Public elementary2.0 km · 72% at standard
Divine Mercy Catholic School · Catholic elementary2.1 km · 61% at standard
St Timothy Catholic School · Catholic elementary2.1 km · 80% at standard
Blessed Trinity Catholic School · Catholic elementary2.2 km · 53% at standard

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

Affordability & Mortgage

Affordability
$8,887/mo
$372KIncome needed
5.2×Price ÷ income
$2,051Weekly cost
$70,950Land 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.

91%mortgage
Mortgage $8,887Property tax $932Total carry $9,819

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)
$8,626per month

Mortgage amount $1,560,000 · 4.49% over 25 years

$390,000Down payment (20.0%)
$1,560,000Loan before insurance
$0CMHC premium
$9,557Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,626
Property tax
$932
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,557

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

One-time closing costs

Ontario land transfer tax
$35,475
Toronto municipal land transfer tax
$35,475
Estimated closing costs
$70,950

Plus your down payment of $390,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,440/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

$1,027,652Total interest paid
$2,587,652Total of all payments
Principal $1,560,000 Interest $1,027,652
YearPrincipalInterestBalance
1$34,813$68,694$1,525,187
2$36,393$67,113$1,488,794
3$38,046$65,461$1,450,749
4$39,773$63,733$1,410,976
5$41,579$61,927$1,369,397
6$43,467$60,039$1,325,930
7$45,440$58,066$1,280,490
8$47,503$56,003$1,232,986
9$49,660$53,846$1,183,326
10$51,915$51,591$1,131,411
11$54,272$49,234$1,077,139
12$56,736$46,770$1,020,402
13$59,312$44,194$961,090
14$62,005$41,501$899,085
15$64,821$38,685$834,264
16$67,764$35,742$766,500
17$70,841$32,665$695,659
18$74,057$29,449$621,602
19$77,420$26,087$544,183
20$80,935$22,571$463,248
21$84,609$18,897$378,638
22$88,451$15,055$290,187
23$92,467$11,039$197,720
24$96,666$6,841$101,055
25$101,055$2,452$0

At the end of your 5-year term

Total paid over the term
$517,530
Principal paid down
$190,603
Interest paid
$326,927
Balance remaining
$1,369,397

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
From 45 whole-home leases in Bayview Village$4,650/mo
$55,800Gross annual rent
1.9%Cap rate after taxes and upkeep
$4,209 to $5,258Typical rent range
~28 daysTo find a tenant, on average

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 numbers

The last 45 whole-home leases in Bayview Village signed at a median of $4,317 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,650. 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.

2.9%
Gross yield
− Property tax $11,183− Insurance $1,400− Vacancy & upkeep $6,138Net operating income $37,079

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

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