908-1 Rean Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13183054

$499,000
For Sale
Listed 52 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome to this bright and spacious 2 bedroom condo unit in the heart of Bayview Village! This beautifully maintained unit offers functional layout, large windows, and an abundance of natural light throughout.Open concept living & dining with walk-out to private balcony. Spacious primary bedroom with large closet & 4-piece ensuite. One parking spot & one locker included. Enjoy 24-hour concierge service and top-tier amenities, including: Indoor Pool Fitness Centre Party/Meeting Room Billiards/Games Room Visitor Parking Guest Suites. Unbeatable Location:2-minute walk to Bayview Subway Station, Across from Bayview Village Mall (Loblaws, LCBO, Pusateris, Chapters, Shoppers)Close to YMCA, schools, parks, and North York General Hospital. Easy access to Hwy 401 & 404 ideal for professionals and commuters. Must See!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13183054
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Bayview/Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$953/mo
Exposure
South East
Property tax
$3,160 / 2025
Days on market
52
Listing brokerage
ANJIA REALTY
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

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.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$634kavg asking

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

717-72 Esther Shiner Boulevard$590k303-117 McMahon Drive$590k3208-121 Mcmahon Drive$650k1307-18 Kenaston Gardens$688k1110-15 Singer Court$650k

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home590k590k650k688k650kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $700K
$526this home / sqft
39active listings nearby
52days on market

This home lists 35% below the area average of $808/sqft.

51 days longer than the Toronto average (1 days).

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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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
$489K
Willowdale West
$770K
Westminster-Branson
$500K
Annex
$929K
Church-Yonge Corridor
$672K

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

Affordability & Mortgage

Affordability
$2,274/mo
$117KIncome needed
4.3×Price ÷ income
$525Weekly 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.

65%mortgage
Mortgage $2,274Property tax $263Condo fee $953Total carry $3,490

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,347Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$263
Condo / maintenance fees
$953
Heating
$0
Estimated monthly cost
$3,347

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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$3,050/mo
$36,600Gross annual rent
3.5%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.

7.3%
Gross yield
− Property tax $3,160− Condo fees $11,432− Insurance $600− Vacancy & upkeep $4,026Net operating income $17,382

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

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