913-2885 Bayview Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13220290

$655,000
For Sale
Listed 53 days ago
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3Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Award-Winning ARC Condo | Prime Bayview Village Location Welcome to this spacious and sun filled 2 bedroom plus den residence at the award-winning ARC Condominium, a landmark building in the heart of Bayview Village. Located steps from Bayview Subway Station and Bayview Village Shopping Centre. This home offers exceptional convenience and lifestyle. Featuring 9 foot ceilings, floor to ceiling windows, and unobstructed west facing views, the unit is filled with natural light. A thoughtfully designed layout with split bedrooms ensures privacy. Spacious Dining/ Living Walks out to a private balcony a perfect spot for morning coffee or evening relaxation. The primary bedroom, positioned at the southwest corner, offers picturesque views with floor to ceiling windows and a double closet. The second Bedroom comes with a big closet. The gourmet kitchen with open concept layout and center island is designed for both living and entertaining. The Den is perfect for an office or study room. This move-in-ready suite includes two full bathrooms, one with a beautiful glass shower enclosure; parking, and a storage locker. Enjoy hotel-inspired amenities, including 24 hour concierge, grand lobby, fitness Centre, indoor pool, steam room and sauna, theatre, party and billiards rooms, guest suites, rooftop BBQ terrace, and visitor parking. Just steps to Loblaws, Starbucks, Aroma, dining, retail, YMCA, with easy access to Highway 401 and 404 / DVP. A refined urban lifestyle in one of Toronto's most desirable neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13220290
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
700-799
Cross streets
BAYVIEW & SHEPPARD
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$636/mo
Exposure
West
Property tax
$3,175 / 2025
Days on market
53
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

KitchenMain3.59 × 2.45 m

open concept · combined w/dining · stainless steel appl

DenMain2.80 × 2.30 m

laminate · open concept · combined w/dining

Living RoomMain3.90 × 3.00 m

laminate · w/o to balcony

Bedroom 2Main2.45 × 2.99 m

laminate · separate room · closet

Primary BedroomMain2.90 × 3.30 m

laminate · large window · double closet

Dining RoomMain3.90 × 3.00 m

laminate · combined w/living · open concept

Our TakeTeam Asgarian · Broker
Above comparables
$591Kest. value

Listed at $655,000, and my independent estimate is about 11% above what comparable homes suggest.

In Bayview Village lately, sellers get about 98% of asking; homes sell in ~35 days.

List price
$574KGreat deal$655KOverpriced

Total price vs nearby homes. Fair value about $591K, median of 8 comparables.

How this estimate is builtthe short version

I take the 8 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 $613K, a close match.

What the listing highlights3 points to weigh

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

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
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 ($874/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 8 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$790kavg asking

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

226-699 Sheppard Avenue$670k3506-95 Mcmahon Drive$799k3106-85 Mcmahon Drive$900k

The 3 closest active listings nearby.

See all comparable homes
655kThis home670k799k900kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $599K
$874this home / sqft
56active listings nearby
53days on market
100sold nearby · 90 days
$583Kmedian sold price
98%of asking, on average

This home lists 4% above the area average of $840/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
$494K
Tam O'Shanter-Sullivan
$399K
Bay Street Corridor
$556K
Church-Yonge Corridor
$611K
Moss Park
$894K

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
$2,985/mo
$138KIncome needed
4.8×Price ÷ income
$689Weekly 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.

77%mortgage
Mortgage $2,985Property tax $265Condo fee $636Total carry $3,886

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)
$2,796per month

Mortgage amount $524,000 · 4.14% over 25 years

$131,000Down payment (20.0%)
$524,000Loan before insurance
$0CMHC premium
$3,697Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,796
Property tax
$265
Condo / maintenance fees
$636
Heating
$0
Estimated monthly cost
$3,697

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

One-time closing costs

Ontario land transfer tax
$9,575
Toronto municipal land transfer tax
$9,575
Estimated closing costs
$19,150

Plus your down payment of $131,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,396/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

$314,878Total interest paid
$838,878Total of all payments
Principal $524,000 Interest $314,878
YearPrincipalInterestBalance
1$12,276$21,280$511,724
2$12,789$20,766$498,936
3$13,324$20,231$485,612
4$13,881$19,674$471,730
5$14,462$19,093$457,268
6$15,067$18,488$442,202
7$15,697$17,858$426,505
8$16,354$17,202$410,151
9$17,038$16,517$393,113
10$17,750$15,805$375,363
11$18,493$15,062$356,870
12$19,266$14,289$337,604
13$20,072$13,483$317,532
14$20,912$12,643$296,620
15$21,786$11,769$274,834
16$22,698$10,857$252,136
17$23,647$9,908$228,489
18$24,636$8,919$203,852
19$25,667$7,888$178,186
20$26,740$6,815$151,445
21$27,859$5,696$123,586
22$29,024$4,531$94,562
23$30,238$3,317$64,324
24$31,503$2,052$32,821
25$32,821$734$0

At the end of your 5-year term

Total paid over the term
$167,776
Principal paid down
$66,732
Interest paid
$101,044
Balance remaining
$457,268

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
2.2%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 $3,175− Condo fees $7,628− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,229

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

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