306-2 Rean Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13505256

$435,000
For Sale
Listed 17 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Welcome to The Waldorf by Daniels, part of the prestigious New York Towers community in Bayview Village. This bright one bedroom condo offers plenty of closet space, a private balcony, underground parking, storage locker, and monthly maintenance fees that include all utilities! The large windows bring in plenty of natural light, with serene views to the east & the surrounding treetops. The well laid-out floor plan offers open concept living, dining, and kitchen areas. The bright kitchen features stainless steel appliances, breakfast bar, tile backsplash, and double sink. Living room walk-out to private balcony. Primary bedroom with big windows & large walk-in closet. 4-piece bathroom with soaker tub/shower & vanity storage. New luxury vinyl plank flooring. Top it all off with a welcoming entrance/foyer, large coat closet, and in-suite laundry. Residents enjoy resort-inspired amenities, including access to the Liberty Club at 1 & 3 Rean Dr. Amenities include: 24hr concierge, gym w/ saunas, indoor pool, hot tub, multi-purpose room, billiards room, ping-pong room, virtual golf, children's playroom, residents office workspace, exterior courtyard with BBQ, guest suites, visitor parking, and access to free fitness classes (including yoga, zumba, tai chi, and aquafit). Tucked away in a quiet enclave & conveniently located across from the Bayview Village Shopping Centre. TTC access just around the corner: 5 min walk to Bayview Subway Station & Sheppard Ave bus routes. Close to all the boutique shops, cafés, restaurants, and grocery stores that Bayview Village has to offer: Loblaws, LCBO, Shoppers Drug Mart, Starbucks, Il Fornello, Ju-Raku, and much more. Plenty of nearby parks & green space: Rean Park right next door, Kenaston Gardens Parkette just around the corner, Bayview Village Park to the north, and the East Don Parkland & Betty Sutherland Trail at Sheppard & Leslie. A short stroll to the North York YMCA. Quick access to the DVP and Highways 401 & 404.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13505256
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Bayview Ave & Sheppard Ave E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$660/mo
Exposure
East
Property tax
$2,095 / 2026
Days on market
17
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Dining RoomFlat3.47 × 2.68 m

vinyl floor · open concept · combined w/living

FoyerFlat3.24 × 1.16 m

tile floor · large closet

BathroomFlat2.23 × 1.52 m

4 pc bath · soaking tub · tile floor

Primary BedroomFlat3.61 × 3.03 m

large window · walk-in closet(s) · east view

Living RoomFlat3.83 × 3.38 m

large window · sliding doors · w/o to balcony

KitchenFlat2.39 × 2.33 m

stainless steel appl · breakfast bar · double sink

Moe’s TakeTeam Asgarian · Broker
In line
$460Kest. value

Listed at $435,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $428K, a close match.

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 $479K
  • Adjusts to $479K

That comparable adjusts to $479K; the $460K estimate above is the median of all 10 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.

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.

On location, this is a very walkable address with everyday errands close by. Sheppard Ave East at Barberry Pl is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$430KGreat deal$490KOverpriced

Total price vs nearby homes. Fair value about $460K, median of 10 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$446kavg asking

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

524-27 Rean Drive$430k2006-17 Barberry Place$460k903-85 McMahon Drive$460k1601-18 Kenaston Garden$400k204-19 Barberry Place$479k

The 5 closest of 8 active listings nearby.

See all comparable homes
435kThis home430k460k460k400k479kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $538K
$792this home / sqft
46active listings nearby
17days on market

This home lists 7% below the area average of $856/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.

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: Sheppard Ave East at Barberry Pl, about 190 m away

20+ transit stops2 grocery20+ dining20+ parks11 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 East
$441K
Willowdale West
$770K
Banbury-Don Mills
$500K
Annex
$1.39M
Church-Yonge Corridor
$574K

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
$1,983/mo
$97KIncome needed
4.5×Price ÷ income
$458Weekly 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.

70%mortgage
Mortgage $1,983Property tax $175Condo fee $660Total carry $2,817

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)
$1,857per month

Mortgage amount $348,000 · 4.14% over 25 years

$87,000Down payment (20.0%)
$348,000Loan before insurance
$0CMHC premium
$2,692Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,857
Property tax
$175
Condo / maintenance fees
$660
Heating
$0
Estimated monthly cost
$2,692

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

One-time closing costs

Ontario land transfer tax
$5,175
Toronto municipal land transfer tax
$5,175
Estimated closing costs
$10,350

Plus your down payment of $87,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,256/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

$209,117Total interest paid
$557,117Total of all payments
Principal $348,000 Interest $209,117
YearPrincipalInterestBalance
1$8,152$14,132$339,848
2$8,493$13,791$331,354
3$8,849$13,436$322,505
4$9,219$13,066$313,287
5$9,604$12,680$303,682
6$10,006$12,278$293,676
7$10,425$11,860$283,251
8$10,861$11,424$272,390
9$11,315$10,970$261,075
10$11,788$10,496$249,287
11$12,281$10,003$237,006
12$12,795$9,490$224,210
13$13,330$8,954$210,880
14$13,888$8,397$196,992
15$14,469$7,816$182,523
16$15,074$7,211$167,449
17$15,705$6,580$151,744
18$16,362$5,923$135,383
19$17,046$5,239$118,337
20$17,759$4,526$100,578
21$18,502$3,783$82,076
22$19,276$3,009$62,801
23$20,082$2,203$42,719
24$20,922$1,363$21,797
25$21,797$488$0

At the end of your 5-year term

Total paid over the term
$111,423
Principal paid down
$44,318
Interest paid
$67,106
Balance remaining
$303,682

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$1,700/mo
$20,400Gross 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.

4.7%
Gross yield
− Property tax $2,095− Condo fees $7,919− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,542

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

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