702-1414 Bayview Avenue, Toronto, ON

Mount Pleasant East, Toronto · MLS® C13191262

$1,495,000
For Sale
Listed 51 days ago
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq Ft

About this home

An Iconic & Majestic Penthouse By Gairloch And Peter Clewes Of Architects Alliance. This Two-Bedroom, Three-Bathroom Masterpiece In 1414 Bayview Provides An Unrivaled Living Experience Complemented By A 420 Square Foot Private Terrace Oasis. Every Inch Of This Residence Reflects Superior Craftsmanship And Attention To Detail With Refined Modern Finishes Throughout. The Unobstructed East Exposure & Floor To Ceiling Windows Provide An Abundance Of Natural Light. The Expansive, Sun-Drenched Principal Rooms Are An Entertainers Dream With Soaring Ceilings And Seamlessly Integrate Into A Majestic Rooftop Garden Which Features Natural Gas And Access To Some Of Toronto's Most Exceptional, Unobstructed Views. The Breathtaking Modern Italian Kitchen Features Integrated Miele Appliances, Caesarstone Countertops And Ample Storage. The Primary Bedroom Retreat Boasts A Large Walk-In Closet And Four-Piece Spa Like En-Suite Bathroom. The Large, Private Second Bedroom Is Perfect For Guests And Includes A Convenient Four-Piece Ensuite Bath. World Class Amenities Designed By Sixteen Degree Studio Include Residents Library Lounge, Co-Working Space And A Private Garden Courtyard. Unbeatable Location As You Are Steps From The Best That Leaside Has To Offer. Acclaimed Shopping And Dining Of Bayview, Upscale Grocers, Easy Access To Public Transit, Toronto's Best Running, Biking Trails And Ravine Systems.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13191262
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199
Cross streets
Bayview Avenue & Merton Street
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,142/mo
Exposure
West
Property tax
$7,197 / 2026
Days on market
51
Listing brokerage
RE/MAX HALLMARK BIBBY GROUP REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$1.43Mest. value

Listed at $1,495,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

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 $1.66M, a bit higher.

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 $1.43M
  • Adjusts to $1.43M

That comparable adjusts to $1.43M; the $1.43M 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.

Its public catchment (Northern Secondary School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Bayview Ave at Merton St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.43MGreat deal$1.62MOverpriced

Total price vs nearby homes. Fair value about $1.43M, 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$817kavg asking

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

#4403-36 Park Lawn Road$899k#4303-36 Park Lawn Road$875k706-3000 Bathurst Street$795k2410-5500 Yonge Street$770k316-20 Bloorview Place$745k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.50MThis home899k875k795k770k745kThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant East · median list $599K
$1,360this home / sqft
17active listings nearby
51days on market

This home lists 17% above the area average of $1,159/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

Mount Pleasant East, 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

77/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Bayview Ave at Merton St, about 57 m away

20+ transit stops6 grocery20+ dining20+ parks18 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.

Annex
$1.39M
Banbury-Don Mills
$500K
Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K
Waterfront Communities C1
$688K

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 Hodgson Middle School
76%
Hodgson Middle SchoolPublic · Elementary · 0.9 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$6,814/mo
$303KIncome needed
4.9×Price ÷ income
$1,572Weekly 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.

80%mortgage
Mortgage $6,814Property tax $600Condo fee $1,142Total carry $8,555

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)
$6,382per month

Mortgage amount $1,196,000 · 4.14% over 25 years

$299,000Down payment (20.0%)
$1,196,000Loan before insurance
$0CMHC premium
$8,124Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,382
Property tax
$600
Condo / maintenance fees
$1,142
Heating
$0
Estimated monthly cost
$8,124

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

One-time closing costs

Ontario land transfer tax
$26,375
Toronto municipal land transfer tax
$26,375
Estimated closing costs
$52,750

Plus your down payment of $299,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,752/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

$718,690Total interest paid
$1,914,690Total of all payments
Principal $1,196,000 Interest $718,690
YearPrincipalInterestBalance
1$28,018$48,569$1,167,982
2$29,190$47,397$1,138,792
3$30,411$46,177$1,108,381
4$31,683$44,904$1,076,698
5$33,008$43,579$1,043,689
6$34,389$42,199$1,009,300
7$35,828$40,760$973,473
8$37,326$39,261$936,146
9$38,887$37,700$897,259
10$40,514$36,074$856,745
11$42,209$34,379$814,536
12$43,974$32,613$770,562
13$45,814$30,774$724,748
14$47,730$28,858$677,019
15$49,726$26,861$627,292
16$51,806$24,781$575,486
17$53,973$22,614$521,512
18$56,231$20,357$465,282
19$58,583$18,005$406,699
20$61,033$15,554$345,665
21$63,586$13,001$282,079
22$66,246$10,341$215,833
23$69,017$7,571$146,816
24$71,904$4,684$74,912
25$74,912$1,676$0

At the end of your 5-year term

Total paid over the term
$382,938
Principal paid down
$152,311
Interest paid
$230,627
Balance remaining
$1,043,689

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
1.0%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.

2.7%
Gross yield
− Property tax $7,197− Condo fees $13,704− Insurance $600− Vacancy & upkeep $4,488Net operating income $14,811

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

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