55 Lesgay Crescent, Toronto C15

Price: $1,498,888

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: C12973986

Discover an outstanding opportunity with this beautifully renovated home, showcasing hundreds of thousands spent on high-quality upgrades and ideally located just minutes from Sheppard! Step onto the charming front porch and into spacious living and dining areas featuring large windows that overlook the front yard, allowing for ample natural light. The modern kitchen is equipped with stainless steel appliances, and the upper level boasts three comfortable bedrooms, all adorned with elegant hardwood flooring throughout the main and upper floors. The lower level offers a welcoming family room complete with a kitchen and a walk-out to the backyard, accompanied by a 4-piece bathroom and a cozy bedroom. Additionally, the convenience of a separate side entrance leads to a basement apartment that includes a bedroom, a 3-piece ensuite, and a comfortable living space with a kitchen. The recently upgraded backyard features interlocking, making it perfect for outdoor entertaining and relaxation. This exceptional home seamlessly combines style, comfort, and versatility!Family-friendly neighborhood with parks, shopping, transit & top schools nearby.

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delisted
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$1,498,888 - 55 Lesgay Crescent, Bayview Village

Detached for Sale in Bayview Village

5Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
C12973986
Property Type
Detached
Status
delisted
Days on Site
22
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Discover an outstanding opportunity with this beautifully renovated home, showcasing hundreds of thousands spent on high-quality upgrades and ideally located just minutes from Sheppard! Step onto the charming front porch and into spacious living and dining areas featuring large windows that overlook the front yard, allowing for ample natural light. The modern kitchen is equipped with stainless steel appliances, and the upper level boasts three comfortable bedrooms, all adorned with elegant hardwood flooring throughout the main and upper floors. The lower level offers a welcoming family room complete with a kitchen and a walk-out to the backyard, accompanied by a 4-piece bathroom and a cozy bedroom. Additionally, the convenience of a separate side entrance leads to a basement apartment that includes a bedroom, a 3-piece ensuite, and a comfortable living space with a kitchen. The recently upgraded backyard features interlocking, making it perfect for outdoor entertaining and relaxation. This exceptional home seamlessly combines style, comfort, and versatility!Family-friendly neighborhood with parks, shopping, transit & top schools nearby.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,630.08/mo

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5-yr fixed avg.

Principal: $1,199,110Interest: $789,915
Mortgage Amount$1,199,110
Total Interest$789,915
Est. Property Tax$1,062/mo
Total Cost$1,989,025

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

55 Lesgay Crescent, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$2,326

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

Competitive Pricing

At $749/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 22 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 $6,245 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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