309-23 Rean Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13218450

$699,999
For Sale
Listed 54 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

One of a kind must see unit in a great location "luxurious/ upscale boutique Daniel's Condo facing the garden. 5 Star amenities with a special building element connected to Amica Building and their facilities. This is a spacious 2 bedroom & 2 Bathroom with a stunning view overlooking a beautiful garden. The primary bedroom has ensuite full bathroom, closet, and w/o to open balcony with large sliding doors. The unit has an absolutely stunning top quality finished with open concept kitchen, granite countertops, breakfast bar, SS appliances, 9 FT ceiling ad ensuite laundry room. Indoor salt water pool, library, party room, gym, concierge service and more. Steps to Bayview Subway, Bayview village mall, rean park, YMCA, Schools and minutes to highway 401.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13218450
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Bayview/Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,118/mo
Exposure
West
Property tax
$3,461 / 2025
Days on market
54
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

Dining RoomFlat5.58 × 3.07 m

hardwood floor · combined w/living · breakfast area

KitchenFlat2.47 × 2.38 m

stainless steel appl · breakfast bar · overlooks dining

Bedroom 2Flat4.84 × 3.14 m

closet · broadloom · overlooks garden

Primary BedroomFlat3.77 × 3.05 m

4 pc bath · hardwood floor · w/o to balcony

Living RoomFlat2.96 × 3.08 m

hardwood floor · combined w/dining · overlooks garden

Our TakeTeam Asgarian · Broker
Above comparables
$588Kest. value

Listed at $699,999, and my independent estimate is about 19% above what comparable homes suggest.

In Bayview Village lately, sellers get about 98% of asking; homes sell in ~34 days.

List price
$542KGreat deal$700KOverpriced

Total price vs nearby homes. Fair value about $588K, median of 66 comparables.

How this estimate is builtthe short version

I take the 66 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 $637K, a close match.

What the listing highlights4 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($824/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 66 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$708kavg asking

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

2509-117 Mcmahon Drive$716k2008-117 McMahon Drive$726kPH 10-115 McMahon Drive$700k1710-115 McMahon Drive$709k1307-18 Kenaston Gardens$688k

The 5 closest of 8 active listings nearby.

See all comparable homes
700kThis home716k726k700k709k688kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $600K
$824this home / sqft
56active listings nearby
54days on market
100sold nearby · 90 days
$568Kmedian sold price
98%of asking, on average

This home lists 1% above the area average of $817/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
$506K
Henry Farm
$627K
Tam O'Shanter-Sullivan
$399K
Bay Street Corridor
$556K
Church-Yonge Corridor
$611K

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

Affordability & Mortgage

Affordability
$3,190/mo
$155KIncome needed
4.5×Price ÷ income
$736Weekly 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.

69%mortgage
Mortgage $3,190Property tax $288Condo fee $1,118Total carry $4,597

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)
$2,988per month

Mortgage amount $559,999 · 4.14% over 25 years

$140,000Down payment (20.0%)
$559,999Loan before insurance
$0CMHC premium
$4,395Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,988
Property tax
$288
Condo / maintenance fees
$1,118
Heating
$0
Estimated monthly cost
$4,395

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

One-time closing costs

Ontario land transfer tax
$10,475
Toronto municipal land transfer tax
$10,475
Estimated closing costs
$20,950

Plus your down payment of $140,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,630/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

$336,510Total interest paid
$896,509Total of all payments
Principal $559,999 Interest $336,510
YearPrincipalInterestBalance
1$13,119$22,742$546,880
2$13,668$22,193$533,213
3$14,239$21,621$518,973
4$14,835$21,025$504,139
5$15,455$20,405$488,683
6$16,102$19,758$472,581
7$16,775$19,085$455,806
8$17,477$18,383$438,329
9$18,208$17,652$420,121
10$18,970$16,891$401,151
11$19,763$16,097$381,388
12$20,590$15,270$360,798
13$21,451$14,409$339,347
14$22,348$13,512$316,998
15$23,283$12,577$293,715
16$24,257$11,603$269,458
17$25,272$10,589$244,186
18$26,329$9,532$217,857
19$27,430$8,430$190,427
20$28,577$7,283$161,850
21$29,773$6,088$132,077
22$31,018$4,842$101,059
23$32,316$3,545$68,743
24$33,667$2,193$35,076
25$35,076$785$0

At the end of your 5-year term

Total paid over the term
$179,302
Principal paid down
$71,316
Interest paid
$107,986
Balance remaining
$488,683

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$2,700/mo
$32,400Gross annual rent
1.6%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.

4.6%
Gross yield
− Property tax $3,461− Condo fees $13,420− Insurance $600− Vacancy & upkeep $3,564Net operating income $11,355

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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