908-25 Mcmahon Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13107028

$2,450/mo
For Lease
Listed 74 days ago
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2Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Welcome to Saisons! This New Luxury Residence with Stunning 1-Bedroom Plus Den and Elegant Washroom, Exquisite Interior Living Plus An Impressive 163 Sq Ft Private Balcony. Designed With 9-Ft Ceilings And A Functional, Modern Layout with Floor to Ceiling Windows that Maximizes Light And Flow. Comes with sophisticated finishes that maximizes both comfort and style. Situated in a Prime Location - Steps To Bessarion & Leslie Subway Stations, Walking Distance To The New Community Centre And Park, And Minutes To Hwy 401/404, GO Transit, Bayview Village, Fairview Mall and more. Enjoy Access to Mega Club with Over 80,000 Sq Ft Of World-Class Amenities, Including Tennis & Basketball Courts, Indoor Pool, Sauna, Whirlpool, BBQ Areas, Bowling Alley, Fully Equipped Fitness Centre, Yoga Studio, Golf Simulator, Children's Playroom, Elegant Ballroom, And Touchless Car Wash. The suite includes one parking spot and a locker, enhancing your urban living experience with added convenience and security in One Of North York's Most Vibrant Master-Planned Communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13107028
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Leslie St and Sheppard Ave E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
West
Days on market
74
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

BathroomMain2.28 × 2.65 m

ceramic floor · 4 pc bath

BedroomMain3.07 × 2.95 m

laminate · closet

DenMain1.92 × 2.19 m

laminate · separate room

Living RoomMain6.43 × 3.07 m

laminate · combined w/kitchen · overlooks park

KitchenMain6.43 × 3.07 m

laminate · combined w/dining · quartz counter

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,259/moest. value

Listed at $2,450/mo, this rental is about 8% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Bayview Village lately, landlords have been getting about 99% of asking and homes lease in about 25 days.

Based on 68 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 68 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $2,100/mo
  • Bedrooms +$150/mo
  • Adjusts to $2,250/mo

That comparable adjusts to $2,250/mo; the $2,259/mo estimate above is the median of all 68 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is Crestview Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$2,150/moBelow market$2,450/moAbove market

Total price vs nearby homes. Fair value about $2,259/mo, median of 68 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$2,350avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1008-85 Mcmahon Drive$2,4001507-85 Mcmahon Drive$2,4003909-115 Mcmahon Drive$2,350706-621 Sheppard Avenue$2,300509-115 Mcmahon Drive$2,300

The 5 closest of 8 active listings nearby.

See all comparable homes
2,450This home2,4002,4002,3502,3002,300This home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $2K
60active listings nearby
74days on market
100leased nearby · 90 days
$2Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Bayview Village, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

North St. James Town
$2K
Annex
$2K
Bay Street Corridor
$2K
Church-Yonge Corridor
$3K
Moss Park
$2K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Crestview Public School
69%
Crestview Public SchoolPublic · Elementary · 2.7 km awayAround the GTA average · 69% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$11/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly cost
20% down4.79%25-yr amortization

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.

88%mortgage
Mortgage $11Property tax $2Total carry $13

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10per month

Mortgage amount $1,960 · 4.14% over 25 years

$490Down payment (20.0%)
$1,960Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12

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
Toronto municipal land transfer tax
$12
Estimated closing costs
$25

Plus your down payment of $490. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13/monthPayment at the qualifying rate

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

$1,178Total interest paid
$3,138Total of all payments
Principal $1,960 Interest $1,178
YearPrincipalInterestBalance
1$46$80$1,914
2$48$78$1,866
3$50$76$1,816
4$52$74$1,764
5$54$71$1,710
6$56$69$1,654
7$59$67$1,595
8$61$64$1,534
9$64$62$1,470
10$66$59$1,404
11$69$56$1,335
12$72$53$1,263
13$75$50$1,188
14$78$47$1,109
15$81$44$1,028
16$85$41$943
17$88$37$855
18$92$33$763
19$96$30$666
20$100$25$566
21$104$21$462
22$109$17$354
23$113$12$241
24$118$8$123
25$123$3$0

At the end of your 5-year term

Total paid over the term
$628
Principal paid down
$250
Interest paid
$378
Balance remaining
$1,710

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.

Let's connect

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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