33 Ernest Avenue, Toronto C15

Price: $1,680,000

4 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: C12856954

Welcome to 33 Ernest Avenue in a prime North York location. Rarely Offered - Spacious and charming 4 bedrooms detached bungalow side-split on a magnificent 60' x 130.12' lot. Surrounded by mature trees and beautiful homes. The home features a welcoming covered front porch, finished basement and a large eat-in kitchen with walk-out to the expansive backyard. The main level offers bright open-concept living and dining areas with lovely front yard views, plus four generously sized bedrooms and Interlocked front driveway. This property offers endless possibilities. Just minutes to top schools, parks, restaurants, Fairview Mall, and Don Mills Subway Station, just minutes from Hwy 404 and Seneca College to the 401 and 407. Perfect for end-users seeking your dream home in North York.

33 Ernest Avenue - Multi-Family photo 1 of 2 in Hillcrest Village / Bayview Village, Ontario
33 Ernest Avenue - Multi-Family photo 2 of 2 in Hillcrest Village / Bayview Village, Ontario
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$1,680,000 - 33 Ernest Avenue, Bayview Village

Multi-Family for Sale in Bayview Village

102 days on market
4Beds
2Baths
2,000 - 2,499Sq Ft
Multi-Family
Property Details
MLS Number
C12856954
Property Type
Multi-Family
Status
active
Days on Site
102
Bedrooms
4
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Listing Brokerage
POWER 7 REALTY
Description

Welcome to 33 Ernest Avenue in a prime North York location. Rarely Offered - Spacious and charming 4 bedrooms detached bungalow side-split on a magnificent 60' x 130.12' lot. Surrounded by mature trees and beautiful homes. The home features a welcoming covered front porch, finished basement and a large eat-in kitchen with walk-out to the expansive backyard. The main level offers bright open-concept living and dining areas with lovely front yard views, plus four generously sized bedrooms and Interlocked front driveway. This property offers endless possibilities. Just minutes to top schools, parks, restaurants, Fairview Mall, and Don Mills Subway Station, just minutes from Hwy 404 and Seneca College to the 401 and 407. Perfect for end-users seeking your dream home in North York.

Mortgage Calculator

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Estimated Payment

$7,431.21/mo

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5-yr fixed avg.

Principal: $1,344,000Interest: $885,362
Mortgage Amount$1,344,000
Total Interest$885,362
Est. Property Tax$1,190/mo
Total Cost$2,229,362

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.

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Neighbourhood Guide: Hillcrest Village / Bayview Village

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

33 Ernest Avenue, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,190
Insurance (est.)-$350
Net Cash Flow+$1,760

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $840/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.

Negotiation Opportunity

At 102 days on site, this property has exceeded the typical selling timeline for Bayview Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Bayview Village. Good resale value as demand remains consistent.

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 $7,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    33 Ernest Avenue | $1,680,000 | Battaglia Team