131 Burbank Drive, Toronto, ON

Bayview Village, Toronto · MLS® C14156934

$2,200,000
For Sale
Listed 3 Days Ago
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3+2BedroomsBeds
3BathroomsBaths
2Garage · 8 Parking
8Parking
2000-2500Sq ft

Listed By RE/MAX Excel Realty Ltd.

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Key Facts

Property type
Detached, Bungalow
Lot
70 × 205 ft
Basement
Finished, Finished with Walk-Out, Walk-Out
Parking
2 garage · 8 parking (attached)
Property tax
$17,210 / 2026
Offer date
None stated
Cross streets
Bayview/Sheppard
Days on market
3
All Facts And 10 Rooms, Floor By Floor
Property type
Detached, Bungalow
MLS®
C14156934
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
3
Offer date
None stated
Listing brokerage
RE/MAX Excel Realty Ltd.
RecreationLower4.51 × 7.97 m

stone fireplace · wet bar · overlooks ravine

Family RoomMain4.90 × 4.29 m

gas fireplace · open concept · overlooks ravine

Bedroom 5Lower4.51 × 3.78 m

Double Closet

Bedroom 4Lower4.92 × 4.00 m

double closet · overlooks backyard

Dining RoomMain3.07 × 3.48 m

picture window · hardwood floor · overlooks ravine

Primary BedroomMain5.04 × 4.05 m

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

Bedroom 2Main3.62 × 3.44 m

Double Closet

Living RoomMain4.65 × 6.66 m

marble fireplace · picture window · hardwood floor

Bedroom 3Main3.50 × 2.88 m

Hardwood Floor

KitchenMain3.29 × 6.16 m

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

About This Home

From The Listing Description By RE/MAX Excel Realty Ltd.

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.
Read The Full Description

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!

Our Take

Team Asgarian, RE/MAX Hallmark Realty Ltd.
A small discount is typical
$2.11Mlikely sale price

Listed at $2,200,000. Going by how homes in Bayview Village and the wider GTA have actually closed against their asking prices (about 96%, blended from 19 local closings in 90 days), the likely sale price is near $2.11M, if it sells. A realistic range is $1.98M to $2.38M.

Independent value check. What our model says the home itself is worth, and what sets it apart, is free for signed-in members. Sign In To See It

List price
$1.98MBelow recent closings$2.38MAbove recent closings

Total price vs nearby homes. Likely closing about $2.11M, from 19 recent closings in this pocket.

The market behind the math, in Bayview Village
19sold nearby · 90 days
$1.85Mmedian detached sold · 90 days
94%of asking, local average
~21 dayshomes like this take to sell
3days on market so far
$4,981/moest. rent · 7 leases
2.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 10 detached homes for sale in the area against 19 closings in the last 90 days. Under two months favours sellers, over four favours buyers. This reads supply only, not prices.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $978/sqft against an area asking average of $1,018/sqft.

  • Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Bayview Village: 22 of the 150 detached leases here lately were basement units, around $1,975 a month. That points to potential income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
  • 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.
How this estimate is builtthe short version

The likely sale price starts from the asking price and how homes here have actually closed against theirs, so it says where this one will probably land, not what it is worth. Condition, finishes and how the home shows remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. 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.

Based on 19 closings nearby in the last 90 days.

Sold Price Trend

Median sold price for detached homes in Toronto: $1.25M in October 2026, up 2% from a year ago, on 7,373 closings in 12 months.

Nov 25Oct 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
November 2025$1.21M601
December 2025$1.14M385
January 2026$1.20M287
February 2026$1.21M459
March 2026$1.33M583
April 2026$1.30M784
May 2026$1.30M868
June 2026$1.25M778
July 2026$1.17M685
August 2026$1.19M553
September 2026$1.19M680
October 2026$1.25M710

Own A Home Nearby?

Discuss your home's value and your selling plans with Team Asgarian. Free, with no obligation to list.

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Our Transactions Near This Listing

Homes Team Asgarian has handled within 2 km of Burbank Drive. Signed-in members see each price, verified against board records.

Other Homes For Sale In Bayview Village

For sale in Bayview Village now · asking prices

How This Price Compares

$2.15Mavg asking

Every home like this one for sale in Bayview Village right now. These are asking prices, not sales.

Per square foot, these ask about $1,124/sqft; this home lists at $978/sqft.

The 5 closest in price of 22 for sale in Bayview Village.

See all comparable homes
$2.20MThis home$2.10M$2.33M$2.38M$2.00M$1.96MThis home vs active comparables

Neighbourhood & Location

Bayview Village, Toronto, ON

Commute

Time 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 & Catchment

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 · 0.8 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

Estimated Mortgage
$10,027/mo
$434KIncome needed
5.1×Price ÷ income
$2,314Weekly cost
$82,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-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.

87%Mortgage
Mortgage is 87% of the monthly costMortgage $10,027Property tax $1,434Total carry $11,461
Calculate And Customize Your Mortgage

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.

4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 9, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,829per month

Mortgage amount $1,760,000 · 4.59% over 25 years

$440,000Down payment (20.0%)
$1,760,000Loan before insurance
$0CMHC premium
$11,264Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,829
Property tax
$1,434
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,264

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

One-time closing costs

Ontario land transfer tax
$41,475
Toronto municipal land transfer tax
$41,475
Estimated closing costs
$82,950

Plus your down payment of $440,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$11,885/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

$1,188,813Total interest paid
$2,948,813Total of all payments
Principal $1,760,000 Interest $1,188,813
YearPrincipalInterestBalance
1$38,731$79,222$1,721,269
2$40,529$77,424$1,680,740
3$42,411$75,542$1,638,330
4$44,380$73,573$1,593,950
5$46,440$71,513$1,547,510
6$48,596$69,356$1,498,914
7$50,852$67,100$1,448,062
8$53,213$64,739$1,394,848
9$55,684$62,269$1,339,165
10$58,269$59,684$1,280,896
11$60,974$56,978$1,219,922
12$63,805$54,148$1,156,117
13$66,767$51,185$1,089,350
14$69,867$48,086$1,019,483
15$73,111$44,842$946,372
16$76,505$41,448$869,867
17$80,057$37,896$789,811
18$83,774$34,179$706,037
19$87,663$30,290$618,374
20$91,733$26,220$526,641
21$95,992$21,961$430,650
22$100,448$17,504$330,202
23$105,112$12,841$225,090
24$109,992$7,961$115,098
25$115,098$2,854$0

At the end of your 5-year term

Total paid over the term
$589,763
Principal paid down
$212,490
Interest paid
$377,272
Balance remaining
$1,547,510

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.

Book a Consultation

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.

Questions About 131 Burbank Drive

What is the asking price for 131 Burbank Drive?

It is listed at $2,200,000.

How many bedrooms and bathrooms does 131 Burbank Drive have?

3+2 bedrooms, and 3 bathrooms.

How big is 131 Burbank Drive?

The listing gives 2000-2500 sq ft of living space, on a 70 × 205 ft lot.

Does 131 Burbank Drive have parking?

2 garage spaces, 8 parking spaces in all.

What are the property taxes on 131 Burbank Drive?

$17,210 a year, for 2026.

Is there an offer date for 131 Burbank Drive?

The listing does not state an offer date.

Which schools is 131 Burbank Drive zoned for?

By the school boards' attendance boundaries: Elkhorn Public School, Avondale Elementary Alternative School, Earl Haig Secondary School and St. Gabriel. Boundaries change, so confirm with the board before relying on it.

When was 131 Burbank Drive listed?

It came on the market on November 6, 2026.

Who is the listing brokerage for 131 Burbank Drive?

RE/MAX Excel Realty Ltd. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.

How can I request a showing of 131 Burbank Drive?

Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.

Can Team Asgarian represent me as the buyer?

Yes, if you are not already working with another agent. We talk it through on the call before anything is signed.

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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131 BURBANK DRIVE, TORONTO, ON · Listed By RE/MAX Excel Realty Ltd.

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Top 1% of agents in Canada · 5.0 / 300+ reviews across the web

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Tell us where your home is. We'll call to talk through its value and your selling plans, free and with no obligation to list.

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