203-1387 Bayview Avenue, Toronto, ON
Leaside, Toronto · MLS® C13173252
About this home
Welcome to SAHIL (Stay At Home In Leaside), built in 1999, this unique boutique building with only 18 suites is a LIFE LEASE (also known as a LIFE TENURE). Buyers must be over 60 years of age and looking for a peaceful living environment. Spacious oversized 1,250 SF with 2 bdrm +1 office/den and 2 full bathrooms. This suite was not just renod, it was gutted in 2013, the popcorn ceilings were replaced with smooth ceilings & Vintage 3/4" engineered hardwood installed thruout. Every surface, fixture, floor and fitting was replaced to a higher standard and to enhance aging-in-place. The kitchen was completely redesigned & opened to the living and dining room. It boasts lots of Quartz counter space, tons of cupboards and a pantry along with a lovely window to your neighbourhood. The main living area is open concept with tons of natural light and ideal for entertaining family & friends. The laundry room includes a full-size washer & dryer with upper shelving. The Primary bdrm boasts a very large double closet and a fabulous 3 PC spa inspired with Quartz counters, a frameless glass walk/roll-in shower stall, wall-mounted shower bench, handheld showerhead & multiple grab bars, every detail considered for your safety. The 2nd bdrm is a good size with a large double-closet. And there's a linen closet too. Stay At Home In Leaside is a short walk to Bayview cafes, restaurants, shops and day to day services with a TTC bus stop conveniently located at the door. NOTE: Land Transfer Tax does not apply to LIFE LEASES which is a substantial savings. LIFE LEASE is home ownership where a corporation owns the apartment units but leases them for the lifetime of the Buyer. Buyers purchase the right to occupy the unit for their lifetime & pay a monthly fee (much lower than condo fees) to the Corporation. Its all about worry-free maintenance. This is not a compromise, you can Stay At Home In Leaside, in the neighbourhood you love, on your own terms.
Key facts
- Property type
- Other, Apartment
- MLS®
- C13173252
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- Bayview & Mcrae
- Parking
- 6 garage · 1 parking (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,031/mo
- Exposure
- North East
- Property tax
- $2,819 / 2025
- Days on market
- 58
- Listing brokerage
- BOSLEY REAL ESTATE LTD.
Rooms
hardwood floor · breakfast bar · large window
hardwood floor · large window · open concept
hardwood floor · juliette balcony · open concept
hardwood floor · double closet · pot lights
Listed at $749,000, and my independent estimate is about 23% below comparable homes, worth a close look.
In Leaside lately, sellers get about 98% of asking; homes sell in ~29 days.
Total price vs nearby homes. Fair value about $969K, median of 5 comparables.
How this estimate is builtthe short version
I take the 5 most comparable recent listings 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 listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $650K, lower than the comparables and worth a second look.
What the listing highlights2 points 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
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
On schools, this address is zoned for Bessborough Drive Elementary and Middle 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.
Based on 5 comparable homes nearby.
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 28% below the area average of $804/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Leaside, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $599,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,198
- Property tax
- $235
- Condo / maintenance fees
- $1,031
- Heating
- $0
- Estimated monthly cost
- $4,463
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,455
- Toronto municipal land transfer tax
- $11,455
- Estimated closing costs
- $22,910
Plus your down payment of $149,800. 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
- $191,853
- Principal paid down
- $76,308
- Interest paid
- $115,545
- Balance remaining
- $522,892
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 BOSLEY REAL ESTATE LTD.. MLS®/PropTx.