$8,500,000 - 59 Hi Mount Drive, Bayview Village
Detached for Sale in Bayview Village
- MLS Number
- C13166678
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
***Muskoka In The City***Rare opportunity to own a custom-built estate on approximately 2.265 acres, situated on a premium 3-sided ravine lot with breathtaking views of mature trees and the Don River***Gated property offering close to 8,000 sq ft of living space, combining privacy, nature, and luxury***Grand 2-storey foyer with 19-ft ceiling***Main floor features 10-ft ceilings, hardwood flooring, wrought iron railings, solid doors, and detailed wainscotting throughout***Lifetime Roof***Gourmet kitchen with granite countertops***Multiple walk-outs to 2 large decks, 4 solariums, and balcony overlooking the ravine***Well-appointed home with 3 fireplaces, media room, and exceptional finishes including intricate wood trims and mouldings***Lower level designed for entertaining, featuring wet bar, wine cellar, family spa,media room, cedar closet, and a custom-designed cigar room***5 spacious bedrooms, all with ensuite bathrooms***Private grounds include a basketball court and beautifully landscaped surroundings***Located in the highly sought-after Earl Haig Secondary School zone***Minutes to Bayview Village, subway, and all amenities***A unique offering combining Muskoka-like setting with city convenience***
Estimate your monthly payments for this property
Estimated Payment
$37,598.37/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.
59 Hi Mount Drive, 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 $1700/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 18 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.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 6 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.