1101-2 Teagarden Court, Toronto, ON

Willowdale East, Toronto · MLS® C13208212

$650,000
For Sale
Listed 50 days ago
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Experience Luxury Living At The Brand New Boutique Teagarden Condo In The Prestigious Bayview & Sheppard Community. This Intimately Designed Residence Exudes Understated Elegance And Modern Comfort With Unobstructed Views. Exceptional Value, 1 Parking & 1 Locker. Bright And Functional 2 Bedroom, 2 Bathroom Layout Offering 716 Sf Of Interior Space Plus 58 Sf Balcony, Featuring 9 Ft Ceilings And An Efficient Open-Concept Design Filled With Natural Light. Enjoy Premium Amenities Including Garden Lounge Rooftops And Exercise Room. Unbeatable Location Just Steps To Loblaws, Bayview Subway Station, Bayview Village, Restaurants, Parks, And Minutes To Hwy 401. Perfect Opportunity To Own In One Of North York's Most Desirable Neighbourhoods. Excellent investment opportunity with reliable rental income. Currently leased for $2,700/month, making it an ideal addition to any investment portfolio. Buyer must assume the existing tenant until July 31, 2027. A turnkey income-generating property offering immediate cash flow and long-term stability.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13208212
Bedrooms
2
Bathrooms
2 (1 half)
Size
700-799
Cross streets
Bayview & Teagarden Crt
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Poured, Stucco (Plaster)
Foundation
Concrete Block, Concrete
Maintenance
$868/mo
Exposure
North East
Property tax
$3,580 / 2026
Days on market
50
Listing brokerage
SOLTANIAN REAL ESTATE INC.

Rooms

BathroomFlat1.50 × 2.20 m

2 pc bath · laminate · large window

Living RoomFlat5.59 × 3.05 m

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

KitchenFlat5.59 × 3.05 m

open concept · stainless steel appl · centre island

BathroomFlat2.00 × 2.80 m

3 pc ensuite · laminate · large window

Primary BedroomFlat3.07 × 3.05 m

laminate · closet · large window

Bedroom 2Flat3.00 × 2.44 m

laminate · closet · large window

Dining RoomFlat5.59 × 3.05 m

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

Moe’s TakeTeam Asgarian · Broker
Above comparables
$595Kest. value

Listed at $650,000, this home is about 9% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 38 similar homes nearby, adjusted for size, beds, and baths.Median of 38 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $707K, 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 $629K
  • Adjusts to $629K

That comparable adjusts to $629K; the $595K estimate above is the median of all 38 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.

On schools, this address is zoned for Hollywood Public 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.

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

List price
$549KGreat deal$650KOverpriced

Total price vs nearby homes. Fair value about $595K, median of 38 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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby in Willowdale East · asking prices
$636kavg asking

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

414-181 Sheppard Avenue$659k2308-18 Harrison Garden Boulevard$635k511-238 Doris Avenue$629k1102-28 Avondale Avenue$608k302-260 Doris Avenue$648k

The 5 closest of 8 active listings nearby.

See all comparable homes
650kThis home659k635k629k608k648kThis home vs active comparables
Live market pulseActive comparables in Willowdale East · median list $549K
$867this home / sqft
68active listings nearby
50days on market

This home lists 8% above the area average of $800/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

Willowdale 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

79/ 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 Bayview Mews Lane, about 104 m away

20+ transit stops2 grocery20+ dining20+ parks10 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 West
$770K
Banbury-Don Mills
$500K
Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K

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 Hollywood Public School
96%
Hollywood Public SchoolPublic · Elementary · 0.3 km awayAmong the top in the GTA · 96% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,962/mo
$142KIncome needed
4.6×Price ÷ income
$684Weekly 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 $2,962Property tax $298Condo fee $868Total carry $4,129

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)
$2,775per month

Mortgage amount $520,000 · 4.14% over 25 years

$130,000Down payment (20.0%)
$520,000Loan before insurance
$0CMHC premium
$3,941Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,775
Property tax
$298
Condo / maintenance fees
$868
Heating
$0
Estimated monthly cost
$3,941

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

One-time closing costs

Ontario land transfer tax
$9,475
Toronto municipal land transfer tax
$9,475
Estimated closing costs
$18,950

Plus your down payment of $130,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,370/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

$312,474Total interest paid
$832,474Total of all payments
Principal $520,000 Interest $312,474
YearPrincipalInterestBalance
1$12,182$21,117$507,818
2$12,691$20,608$495,127
3$13,222$20,077$481,905
4$13,775$19,524$468,129
5$14,351$18,947$453,778
6$14,952$18,347$438,826
7$15,577$17,722$423,249
8$16,229$17,070$407,020
9$16,908$16,391$390,113
10$17,615$15,684$372,498
11$18,352$14,947$354,146
12$19,119$14,180$335,027
13$19,919$13,380$315,108
14$20,752$12,547$294,356
15$21,620$11,679$272,736
16$22,524$10,774$250,211
17$23,467$9,832$226,745
18$24,448$8,851$202,296
19$25,471$7,828$176,825
20$26,536$6,763$150,289
21$27,646$5,653$122,643
22$28,803$4,496$93,840
23$30,007$3,292$63,833
24$31,263$2,036$32,570
25$32,570$729$0

At the end of your 5-year term

Total paid over the term
$166,495
Principal paid down
$66,222
Interest paid
$100,273
Balance remaining
$453,778

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$2,400/mo
$28,800Gross annual rent
1.7%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.

4.4%
Gross yield
− Property tax $3,580− Condo fees $10,412− Insurance $600− Vacancy & upkeep $3,168Net operating income $11,039

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