8 Topaz Gate, Toronto C15

Price: $1,190,000

6 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: C12944882

Excellent Location! Famous Ayj ( 28/746 )& Zion Heights School! This spacious 5-level backsplit semi feels like a detached home with its wider and longer driveway offering parking for up to 5 cars. Enjoy a 4-piece ensuite in the upper-level primary bedroom-an uncommon feature in similar homes. Three separate entrances to independent units (upper, lower, and basement)- ideal for a large family, nanny suite, or excellent potential for rental income-Family-Sized Kitchen W/ Granite Counter Top & Elegant Cabinets. Hardwood Flr In Main & Upper Level. Laminate Flr In Lower Levels. Roof & Gutter ( 2020 ) Very Spacious,Clean,Cozy. Practical Layout. Close To Ttc/Yrt/Mall/Schools/404.

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$1,190,000 - 8 Topaz Gate, Bayview Village

Semi-Detached for Sale in Bayview Village

76 days on market
6Beds
4Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
C12944882
Property Type
Semi-Detached
Status
active
Days on Site
76
Bedrooms
6
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Listing Brokerage
RE/MAX CROSSROADS REALTY INC.
Description

Excellent Location! Famous Ayj ( 28/746 )& Zion Heights School! This spacious 5-level backsplit semi feels like a detached home with its wider and longer driveway offering parking for up to 5 cars. Enjoy a 4-piece ensuite in the upper-level primary bedroom-an uncommon feature in similar homes. Three separate entrances to independent units (upper, lower, and basement)- ideal for a large family, nanny suite, or excellent potential for rental income-Family-Sized Kitchen W/ Granite Counter Top & Elegant Cabinets. Hardwood Flr In Main & Upper Level. Laminate Flr In Lower Levels. Roof & Gutter ( 2020 ) Very Spacious,Clean,Cozy. Practical Layout. Close To Ttc/Yrt/Mall/Schools/404.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,263.77/mo

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5-yr fixed avg.

Principal: $952,000Interest: $627,131
Mortgage Amount$952,000
Total Interest$627,131
Est. Property Tax$843/mo
Total Cost$1,579,131

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

8 Topaz Gate, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$843
Insurance (est.)-$248
Net Cash Flow+$2,909

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 $793/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.

Negotiation Opportunity

At 76 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.

Excellent Flexibility

With 6 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 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 $4,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    8 Topaz Gate, Hillcrest Villa… — $1,190,000 | Battaglia Team