534-25 Adra Grado Way, Toronto, ON

Bayview Village, Toronto · MLS® C13444464

$1,190,000
For Sale
Listed 38 days ago
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3Bedrooms
3Bathrooms
1Garage
1000-1199Sq Ft

About this home

Welcome To Tridel's Luxury Scala Condo. Rarely Offered Spacious 2 Bedroom + Den, Approx. 1,156 Sq. Ft., With A Large Balcony And Beautiful South-Facing Ravine And Park Trail Views. Functional Open-Concept Layout With Floor-To-Ceiling Windows, Bright Living/Dining Area, Modern Kitchen, Quartz Countertops, Contemporary Cabinetry, And Excellent Storage. The Large Den Offers Flexible Use As A Home Office, Study, Or Guest Space. Enjoy Resort-Style Amenities Including 24-Hr Concierge, Indoor & Outdoor Pools, Fitness Centre, Party Room, Theatre Room, Hot Tub, Visitor Parking And More. Steps To Ravine Trails, Parks, Shopping, Restaurants, TTC, Subway, Hospital, Fairview Mall, Bayview Village, Ikea, Hwy 401/404 And DVP. A Must See!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13444464
Bedrooms
3 (2 + 1)
Bathrooms
3 (1 half)
Size
1000-1199
Cross streets
Sheppard Ave. / Leslie St.
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$940/mo
Exposure
South
Property tax
$5,578 / 2026
Days on market
38
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

KitchenMain8.28 × 2.90 m

combined w/dining · granite counters · stainless steel appl

Dining RoomMain8.28 × 2.90 m

combined w/kitchen · open concept · laminate

DenMain3.91 × 2.59 m

laminate · open concept

Primary BedroomMain3.66 × 3.05 m

walk-in closet(s) · 4 pc ensuite · window floor to ceiling

Bedroom 2Main3.35 × 2.74 m

large closet · 4 pc ensuite · large window

Living RoomMain3.12 × 3.05 m

w/o to balcony · window floor to ceiling · laminate

Our TakeTeam Asgarian · Broker
Above comparables
$985Kest. value

Listed at $1,190,000, and my independent estimate is about 21% above what comparable homes suggest.

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

List price
$881KGreat deal$1.19MOverpriced

Total price vs nearby homes. Fair value about $985K, median of 9 comparables.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting, a premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

I take the 9 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 $1.05M, 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • 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 Don Valley Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 9 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$747kavg asking

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

504-23 Rean Drive$888k911-29 Singer Court$729k629-591 Sheppard Avenue$759k921-19 Singer Court$648k1705-8 Rean Drive$710k

The 5 closest of 7 active listings nearby.

See all comparable homes
1.19MThis home888k729k759k648k710kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $759K
$1,082this home / sqft
29active listings nearby
38days on market
100sold nearby · 90 days
$519Kmedian sold price
98%of asking, on average

This home lists 40% above the area average of $774/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
$539K
Tam O'Shanter-Sullivan
$399K
Bay Street Corridor
$638K
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 Woodbine Middle School
45%
Woodbine Middle SchoolPublic · Elementary · 1.4 km awayBelow the GTA average · 45% meet the provincial standard
St. MatthiasEQAO results not published

Affordability & Mortgage

Affordability
$5,424/mo
$242KIncome needed
4.9×Price ÷ income
$1,252Weekly 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.

79%mortgage
Mortgage $5,424Property tax $465Condo fee $940Total carry $6,828

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)
$5,080per month

Mortgage amount $952,000 · 4.14% over 25 years

$238,000Down payment (20.0%)
$952,000Loan before insurance
$0CMHC premium
$6,485Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,080
Property tax
$465
Condo / maintenance fees
$940
Heating
$0
Estimated monthly cost
$6,485

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

One-time closing costs

Ontario land transfer tax
$20,275
Toronto municipal land transfer tax
$20,275
Estimated closing costs
$40,550

Plus your down payment of $238,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,170/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

$572,068Total interest paid
$1,524,068Total of all payments
Principal $952,000 Interest $572,068
YearPrincipalInterestBalance
1$22,302$38,661$929,698
2$23,235$37,728$906,463
3$24,207$36,756$882,256
4$25,219$35,743$857,037
5$26,274$34,688$830,763
6$27,373$33,589$803,389
7$28,518$32,444$774,871
8$29,711$31,252$745,160
9$30,954$30,009$714,206
10$32,249$28,714$681,957
11$33,598$27,365$648,360
12$35,003$25,960$613,357
13$36,467$24,496$576,890
14$37,992$22,970$538,898
15$39,582$21,381$499,316
16$41,237$19,726$458,079
17$42,962$18,001$415,117
18$44,759$16,204$370,358
19$46,631$14,331$323,727
20$48,582$12,381$275,145
21$50,614$10,349$224,531
22$52,731$8,232$171,800
23$54,937$6,026$116,863
24$57,235$3,728$59,629
25$59,629$1,334$0

At the end of your 5-year term

Total paid over the term
$304,814
Principal paid down
$121,237
Interest paid
$183,576
Balance remaining
$830,763

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
1.6%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.

3.4%
Gross yield
− Property tax $5,578− Condo fees $11,280− Insurance $600− Vacancy & upkeep $4,488Net operating income $18,854

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

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