1 Tally Lane, Toronto C15

Price: $3,788,000

7 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: C13532704

WOW! 75-foot lot in the heart of Bayview Village featuring a unique 2-level library! This exquisite custom-built residence offers timeless elegance and luxurious finishes with over 4250sq ft of living space across the main and second floors. An elegant marble foyer leads to the living and dining areas on the main floor, adorned with wide oak hardwood floors. The home features 4 bedrooms with coffered ceilings and a magnificent central dome skylight with an artful lens. The impressive large foyer/entrance boasts a fabulous two-level library with a 20-foot high ceiling, wall paneling on the main floor, and wainscoting on first and the second floor. The large eat-in kitchen includes a massive center island and a gorgeous breakfast area overlooking the backyard and deck. The family room offers a walk-out to the backyard and an extensive garage (22 Feet). There is a main floor office, with a second office located on the upper floor. Designed for family living and entertainment, the open-concept layout connects the large family room to a beautiful wall unit and gas fireplace in one slap of real stone. Each of the 4 bedrooms on the second floor has its own ensuite bathroom. The primary bedroom is a luxurious retreat, featuring a massive walk-in closet, a fireplace, and a large 5-piece ensuite. The fantastic basement includes three additional bedrooms and a huge recreation room and Cedar closet. Making this residence magnificently designed, extraordinarily detailed, and superbly crafted for comfort and elegance.

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$3,788,000 - 1 Tally Lane, Bayview Village

Detached for Sale in Bayview Village

47 days on market

Neighbourhood: Bayview Village

7Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
C13532704
Property Type
Detached
Status
active
Days on Site
47
Bedrooms
7
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Listing Brokerage
CENTRAL HOME REALTY INC.
Description

WOW! 75-foot lot in the heart of Bayview Village featuring a unique 2-level library! This exquisite custom-built residence offers timeless elegance and luxurious finishes with over 4250sq ft of living space across the main and second floors. An elegant marble foyer leads to the living and dining areas on the main floor, adorned with wide oak hardwood floors. The home features 4 bedrooms with coffered ceilings and a magnificent central dome skylight with an artful lens. The impressive large foyer/entrance boasts a fabulous two-level library with a 20-foot high ceiling, wall paneling on the main floor, and wainscoting on first and the second floor. The large eat-in kitchen includes a massive center island and a gorgeous breakfast area overlooking the backyard and deck. The family room offers a walk-out to the backyard and an extensive garage (22 Feet). There is a main floor office, with a second office located on the upper floor. Designed for family living and entertainment, the open-concept layout connects the large family room to a beautiful wall unit and gas fireplace in one slap of real stone. Each of the 4 bedrooms on the second floor has its own ensuite bathroom. The primary bedroom is a luxurious retreat, featuring a massive walk-in closet, a fireplace, and a large 5-piece ensuite. The fantastic basement includes three additional bedrooms and a huge recreation room and Cedar closet. Making this residence magnificently designed, extraordinarily detailed, and superbly crafted for comfort and elegance.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$16,755.60/mo

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5-yr fixed avg.

Principal: $3,030,400Interest: $1,996,280
Mortgage Amount$3,030,400
Total Interest$1,996,280
Est. Property Tax$2,683/mo
Total Cost$5,026,680

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: Bayview Village

Discover Bayview 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 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

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

1 Tally Lane, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,250/mo
Range: $4,463 - $6,037
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,250
Maintenance Fees-$0
Property Tax (est.)-$2,683
Insurance (est.)-$789
Net Cash Flow+$1,778

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

Fair Market Value

At $1082/sqft, this property is priced in line with current Bayview Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 47 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.

Larger Home Realities

At 3,500 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 7 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 5 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.

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    1 Tally Lane | $3,788,000 | Battaglia Team