3302-121 Mcmahon Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13136576

$505,000
For Sale
Listed 69 days ago
Request a showing
◎ Directions
2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Experience elevated urban living in the heart of Bayview Village. This pristine 1-bedroom plus study comes fully curated and move-in ready, featuring contemporary furnishings, a chic open-concept kitchen, and integrated premium appliances.Mornings here are flooded with natural light and serene, unobstructed views. Step outside into a vibrant, friendly community anchored by a massive 8-acre park (complete with a seasonal skating trail). Whether you're commuting via the 401/DVP or walking to one of two nearby subway stations, the city is at your fingertips.Building Highlights: 24-hr concierge, designer lounge, fitness center, and a scenic BBQ patio. Just minutes from Fairview Mall and North York General.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13136576
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Sheppard And Leslie
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$609/mo
Exposure
East
Property tax
$3,212 / 2025
Days on market
69
Listing brokerage
SOLTANIAN REAL ESTATE INC.

Rooms

StudyGround1.10 × 0.90 m

open concept · laminate · closet

Primary BedroomGround3.01 × 2.95 m

broadloom · large window · large closet

KitchenGround3.85 × 3.25 m

granite counters · backsplash · laminate

Living RoomGround3.35 × 3.30 m

combined w/dining · laminate · w/o to balcony

Dining RoomGround3.85 × 3.25 m

combined w/living · laminate · open concept

Our TakeTeam Asgarian · Broker
Below comparables
$520Kest. value

Listed at $505,000, and my independent estimate is about 3% below comparable homes, worth a close look.

In Bayview Village lately, sellers get about 98% of asking; homes sell in ~37 days.

List price
$505KGreat deal$559KOverpriced

Total price vs nearby homes. Fair value about $520K, median of 7 comparables.

How this estimate is builtthe short version

I take the 7 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $705K, higher than the comparables and worth a second look.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 7 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$502kavg asking

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

206-117 Mcmahon Drive$509k712-115 Mcmahon Drive$499kPh06-15 Singer Court$495k2211-121 MCMAHON Drive$539k412-17 Kenaston Gardens$468k

The 5 closest of 8 active listings nearby.

See all comparable homes
505kThis home509k499k495k539k468kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $560K
$778this home / sqft
61active listings nearby
69days on market
100sold nearby · 90 days
$504Kmedian sold price
98%of asking, on average

This home lists 9% below the area average of $852/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.

Nearby neighbourhoods

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

Willowdale East
$539K
Tam O'Shanter-Sullivan
$399K
Bay Street Corridor
$638K
Church-Yonge Corridor
$611K
Moss Park
$894K

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
$2,302/mo
$112KIncome needed
4.5×Price ÷ income
$531Weekly 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.

72%mortgage
Mortgage $2,302Property tax $268Condo fee $609Total carry $3,178

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,156per month

Mortgage amount $404,000 · 4.14% over 25 years

$101,000Down payment (20.0%)
$404,000Loan before insurance
$0CMHC premium
$3,033Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,156
Property tax
$268
Condo / maintenance fees
$609
Heating
$0
Estimated monthly cost
$3,033

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

One-time closing costs

Ontario land transfer tax
$6,575
Toronto municipal land transfer tax
$6,575
Estimated closing costs
$13,150

Plus your down payment of $101,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,619/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

$242,768Total interest paid
$646,768Total of all payments
Principal $404,000 Interest $242,768
YearPrincipalInterestBalance
1$9,464$16,406$394,536
2$9,860$16,011$384,675
3$10,273$15,598$374,403
4$10,702$15,168$363,700
5$11,150$14,721$352,551
6$11,616$14,254$340,934
7$12,102$13,768$328,832
8$12,608$13,262$316,223
9$13,136$12,735$303,087
10$13,685$12,185$289,402
11$14,258$11,613$275,144
12$14,854$11,017$260,290
13$15,475$10,395$244,815
14$16,123$9,748$228,692
15$16,797$9,074$211,895
16$17,500$8,371$194,395
17$18,232$7,639$176,163
18$18,994$6,876$157,169
19$19,789$6,082$137,380
20$20,617$5,254$116,763
21$21,479$4,392$95,284
22$22,377$3,493$72,907
23$23,313$2,557$49,593
24$24,289$1,582$25,305
25$25,305$566$0

At the end of your 5-year term

Total paid over the term
$129,354
Principal paid down
$51,449
Interest paid
$77,904
Balance remaining
$352,551

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$2,050/mo
$24,600Gross annual rent
2.1%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.

4.9%
Gross yield
− Property tax $3,212− Condo fees $7,308− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,774

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

CallRequest a showing