$1,299,000 - 151 Ernest Avenue, Bayview Village
Detached for Sale in Bayview Village
New — Listed 3 days ago- MLS Number
- C13426724
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Listing Brokerage
- RIGHT AT HOME REALTY
** 2 Separate Apartments in Basement** A Rare Offering In One Of Toronto's Most Coveted Neighborhoods, Where Luxury, Functionality, And Income Potential Converge In Perfect Harmony. 6 Compelling Reasons to Own This Exceptional Residence: 1). Rare Multi-Generational & Income Opportunity - Featuring two self-contained basement suites with separate entrance, including a 2-bedroom and a 1-bedroom unit. Each offers its own kitchen, full bathroom, and laundry, ideal for extended family or supplementary income potential. 2). Prime Location & Connectivity - Situated in a highly sought-after neighbourhood with immediate access to Hwy 404, providing seamless travel across the GTA and approximately 25 minutes to Downtown Toronto. 3). Premium Oversized Lot - Nestled on an impressive 50 x 142 ft lot with a massive flat backyard, offering exceptional space for entertaining, recreation, gardening, and future possibilities. 4). Extensively Renovated Throughout - Thoughtfully upgraded with premium finishes, contemporary design, and quality craftsmanship, delivering a perfect blend of luxury, comfort, and functionality. 5). Over 3,020 Sq. Ft. of Living Space - An intelligently designed layout maximizing versatility for growing families, multi-generational living, or income-producing potential. 6). Luxury Features & Premium Finishes - Solid hardwood flooring throughout, industrial-grade pot lights, custom gourmet kitchen with quartz countertops, built-in KitchenAid appliances, soft-close solid wood cabinetry, elegant crystal lighting, spa-inspired bathrooms with quartz vanities and double sinks, walk-in closets, and exceptional outdoor living spaces. Enjoy a spacious entertainment deck overlooking a breathtaking backyard complete with gazebo, premium jacuzzi, powered 5' x 7' shed, and beautifully maintained grounds.Additional Highlights: 3+2+1 Bedrooms, 3+1+1 Bathrooms, 3 Kitchens, 3 Laundry Areas, 200-Amp Service, Double-Car Garage, and parking for up to 6 vehicles.
Estimate your monthly payments for this property
Estimated Payment
$5,745.92/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hillcrest Village / Bayview Village
Hillcrest Village / Bayview Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hillcrest Village / Bayview Village
- •Convenient location in Hillcrest Village / Bayview Village
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hillcrest Village / Bayview Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
151 Ernest Avenue, Hillcrest Village / Bayview Village
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $866/sqft, this property is priced in line with current Bayview Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Bayview Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Bayview Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Bayview Village.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Bayview Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.