$2,650,000 - 42 Millgate Crescent, Bayview Village
Detached for Sale in Bayview Village
104 days on market- MLS Number
- C12843306
- Property Type
- Detached
- Status
- active
- Days on Site
- 104
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
An exceptional offering in the heart of prestigious Bayview Village. Situated on a premium 47.42 x 150 ft lot and surrounded by distinguished multi-million-dollar residences, this rarely available bungalow presents an extraordinary lifestyle and investment opportunity in one of North York's most coveted enclaves. Thoughtfully reconfigured from three bedrooms to an expansive two-bedroom layout, the main level showcases refined proportions, seamless flow, and hardwood flooring throughout. The fully finished walk-out lower level offers two additional bedrooms and a second kitchen, creating elegant multi-generational living potential or a discreet income opportunity. Set within the highly ranked Elkhorn PS, Bayview MS, and Earl Haig SS district, and moments to Highway 401, DVP, TTC, upscale shopping, and lush parks, this property delivers both prestige and convenience. Whether enjoyed as a refined residence, held as a strategic investment, or reimagined into a custom architectural masterpiece, this is a rare chance to secure a substantial lot in one of Toronto's most established luxury communities.
Estimate your monthly payments for this property
Estimated Payment
$11,721.84/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.
42 Millgate Crescent, 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
Premium Pricing
At $1767/sqft, this property is priced above the Bayview Village average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 104 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.
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.
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.
Bathroom Count Matters
With 4 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 $11,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.