44 Caracas Road, Toronto C15

Price: $1,375,000

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: C13081298

Desirable Location, Immaculate Semi-Detached House In a wonderful neighborhood.3 bedrooms on the main floor with 2 bathrooms. Basement level has a separate entrance with 2 bedrooms and 1 bathroom. Bedrooms are spacious and bright. Good sized backyard with a shed. Large family sized kitchen with stainless steel appliances and granite countertop. Newer Furnace and hot water tank. Located in Earl Haig Secondary School, S.S. Elkhorn P.S. & Bayview M.S District. Walking distance to subway station, park, shopping, restaurants and Bayview Village Mall. Quick drive to access Hwy 401. Property is virtually staged.

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$1,375,000 - 44 Caracas Road, Bayview Village

Semi-Detached for Sale in Bayview Village

43 days on market
5Beds
3Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
C13081298
Property Type
Semi-Detached
Status
active
Days on Site
43
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Desirable Location, Immaculate Semi-Detached House In a wonderful neighborhood.3 bedrooms on the main floor with 2 bathrooms. Basement level has a separate entrance with 2 bedrooms and 1 bathroom. Bedrooms are spacious and bright. Good sized backyard with a shed. Large family sized kitchen with stainless steel appliances and granite countertop. Newer Furnace and hot water tank. Located in Earl Haig Secondary School, S.S. Elkhorn P.S. & Bayview M.S District. Walking distance to subway station, park, shopping, restaurants and Bayview Village Mall. Quick drive to access Hwy 401. Property is virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,082.09/mo

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5-yr fixed avg.

Principal: $1,100,000Interest: $724,627
Mortgage Amount$1,100,000
Total Interest$724,627
Est. Property Tax$974/mo
Total Cost$1,824,627

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

44 Caracas Road, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$974
Insurance (est.)-$286
Net Cash Flow+$2,340

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

Premium Pricing

At $1250/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.

Market Position

At 43 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 5 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 3 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 $5,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    44 Caracas Road | $1,375,000 | Battaglia Team