TH7-121 Mcmahon Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13114246

$878,000
For Sale
Listed 67 days ago
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq Ft

About this home

Sun filled south facing beautiful 2 stories townhouse with 2 bedrooms + 3 bathrooms at great location in Bayview Village. 9' smooth ceiling and large floor to ceiling window. Hardwood flooring throughout, granite counter tops, S/S appliance. enjoy the use of Tango amenities: swimming pool, Guest Suites, Party Rm. Concierge. Steps To Subway, Ikea, Canadian Tire. Minutes to 404 and 401.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
C13114246
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199
Cross streets
Sheppard & Leslie
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$751/mo
Exposure
South
Property tax
$3,574 / 2025
Days on market
67
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Primary BedroomSecond5.22 × 3.00 m

4 pc bath · closet · balcony

Bedroom 2Second3.55 × 2.58 m

large window · closet · hardwood floor

KitchenMain4.63 × 2.75 m

modern kitchen · stainless steel appl · granite counters

Dining RoomMain4.80 × 4.40 m

combined w/kitchen · open concept · hardwood floor

Living RoomMain4.80 × 4.40 m

window floor to ceiling · walk-out · hardwood floor

Moe’s TakeTeam Asgarian · Broker
In line
$710Kest. value

Listed at $878,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Bayview Village, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $763K, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $600K
  • Size difference +$95K
  • Bathrooms +$15K
  • Adjusts to $710K

That comparable adjusts to $710K; the $710K estimate above is the median of all 5 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.

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.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Woodsworth Rd at Northey Dr is about a 4-minute walk away.

List price
$607KGreat deal$1.07MOverpriced

Total price vs nearby homes. Fair value about $710K, median of 5 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.12Mavg asking

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

PH16-1070 Sheppard Avenue$600kPH27-500 Richmond St Street$1.18M412-55A Avenue Road$1.57M

The 3 closest active listings nearby.

See all comparable homes
878kThis home600k1.18M1.57MThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $599K
$799this home / sqft
98active listings nearby
67days on market

This home lists 10% below the area average of $883/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Getting around

67/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Woodsworth Rd at Northey Dr, about 290 m away

20+ transit stops1 grocery20+ dining20+ parks13 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Willowdale East
$441K
Willowdale West
$770K
Banbury-Don Mills
$500K
Annex
$1.39M
Church-Yonge Corridor
$574K

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 · 2.5 km awayAround the GTA average · 69% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,002/mo
$179KIncome needed
4.9×Price ÷ income
$923Weekly 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.

79%mortgage
Mortgage $4,002Property tax $298Condo fee $751Total carry $5,050

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,748per month

Mortgage amount $702,400 · 4.14% over 25 years

$175,600Down payment (20.0%)
$702,400Loan before insurance
$0CMHC premium
$4,797Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,748
Property tax
$298
Condo / maintenance fees
$751
Heating
$0
Estimated monthly cost
$4,797

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$14,035
Toronto municipal land transfer tax
$14,035
Estimated closing costs
$28,070

Plus your down payment of $175,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,553/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

$422,080Total interest paid
$1,124,480Total of all payments
Principal $702,400 Interest $422,080
YearPrincipalInterestBalance
1$16,455$28,524$685,945
2$17,143$27,836$668,802
3$17,860$27,119$650,942
4$18,607$26,372$632,335
5$19,386$25,594$612,949
6$20,196$24,783$592,753
7$21,041$23,938$571,712
8$21,921$23,058$549,790
9$22,838$22,141$526,952
10$23,794$21,186$503,159
11$24,789$20,190$478,370
12$25,826$19,154$452,544
13$26,906$18,073$425,638
14$28,031$16,948$397,607
15$29,204$15,775$368,403
16$30,425$14,554$337,978
17$31,698$13,281$306,280
18$33,024$11,955$273,256
19$34,405$10,574$238,850
20$35,844$9,135$203,006
21$37,344$7,635$165,662
22$38,906$6,073$126,757
23$40,533$4,446$86,223
24$42,229$2,751$43,995
25$43,995$984$0

At the end of your 5-year term

Total paid over the term
$224,896
Principal paid down
$89,451
Interest paid
$135,445
Balance remaining
$612,949

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.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
2.6%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

4.6%
Gross yield
− Property tax $3,574− Condo fees $9,007− Insurance $600− Vacancy & upkeep $4,488Net operating income $23,131

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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