1202-2 Teagarden Court, Toronto, ON
Willowdale East, Toronto · MLS® C12215472
About this home
If Bayview and Sheppard is your neighbourhood, it does not get better than 2 Teagarden. Spacious 2-Bedroom Suite with Clear Views! Experience elevated living at the newly built Teagarden Residences, where refined design meet sun beatable convenience. This bright 2-bedroom, 2-bathroom residence offers 876 sq.ft. of well-planned interior space plus a 47 sq.ft. balcony, with clear, open views that fill the unit with natural light. Enjoy the elegance of wide plank laminate flooring, custom blinds, and an efficient floor plan that truly sells itself. Located just steps to Bayview Village Mall, Bayview Subway Station, YMCA, parks, and top- ranked schools, this luxury boutique condo blends comfort with accessibility. Commuting is a breeze with easy access to Hwy 401, DVP, and downtown Toronto in just 15 minutes . Don't miss your chance to own in North York's most desirable location.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C12215472
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999
- Cross streets
- Bayview and Sheppard
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $886/mo
- Exposure
- North
- Property tax
- $5,000 / 2025
- Days on market
- 400
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
Laminate
4 pc ensuite · w/o to balcony · laminate
combined w/living · laminate
Laminate
Listed at $788,400, this home is about 14% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 26 similar homes nearby, adjusted for size, beds, and baths.Median of 26 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.02M, higher than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $718K
- Adjusts to $718K
That comparable adjusts to $718K; the $691K estimate above is the median of all 26 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Hollywood Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. Bayview Ave at Bayview Mews Lane is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $691K, median of 26 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 15% above the area average of $720/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Willowdale East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Bayview Ave at Bayview Mews Lane, about 104 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $630,720 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,366
- Property tax
- $417
- Condo / maintenance fees
- $886
- Heating
- $0
- Estimated monthly cost
- $4,668
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,243
- Toronto municipal land transfer tax
- $12,243
- Estimated closing costs
- $24,486
Plus your down payment of $157,680. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $201,945
- Principal paid down
- $80,322
- Interest paid
- $121,623
- Balance remaining
- $550,398
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.