709-115 Mcmahon Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13528446

$399,000
For Sale
Listed 14 days ago
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2Bedrooms
1Bathrooms
1Garage
500-599Sq Ft
5 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Welcome to Concord Omega Condos in prestigious Bayview Village! This bright, sun-filled 1+Den features a functional layout with floor-to-ceiling windows. Enjoy a clear east view from the full-width balcony. Modern kitchen with granite countertops and stylish backsplash. Spacious den ideal for home office or guest space. Includes 1 parking and 1 locker. Premium amenities: 24-hour security, gym, indoor pool, party room, guest suites & visitor parking. Conveniently located at Leslie & Sheppard, steps to TTC (Bessarion & Leslie), close to Oriole GO, Bayview Village, Fairview Mall, and quick access to Hwy 401, 404 & DVP. Property is virtually staged.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13528446
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Leslie St & Sheppard Ave E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$527/mo
Exposure
East
Property tax
$2,338 / 2026
Days on market
14
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Dining RoomFlat0.00 × 0.00 m

laminate · combined w/living · combined w/kitchen

Living RoomFlat0.00 × 0.00 m

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

Primary BedroomFlat0.00 × 0.00 m

laminate · large closet · window

KitchenFlat0.00 × 0.00 m

laminate · granite counters · backsplash

DenFlat0.00 × 0.00 m

Laminate

Moe’s TakeTeam Asgarian · Broker
Below comparables
$474Kest. value

Listed at $399,000, this home is about 16% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 21 similar homes nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $475K, 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 $399K
  • Adjusts to $399K

That comparable adjusts to $399K; the $474K estimate above is the median of all 21 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. Woodworth Rd at Northey Dr is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$399KGreat deal$535KOverpriced

Total price vs nearby homes. Fair value about $474K, median of 21 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$448kavg asking

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

305-15 Singer Court$399k503-18 Rean Drive$399k2906-121 McMahon Drive$509k509-17 Kenaston Gardens$467k412-17 Kenaston Gardens$468k

The 5 closest of 8 active listings nearby.

See all comparable homes
399kThis home399k399k509k467k468kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $539K
$726this home / sqft
50active listings nearby
14days on market

This home lists 15% below the area average of $851/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

84/ 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: Woodworth Rd at Northey Dr, about 240 m away

20+ transit stops2 grocery20+ dining20+ parks8 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
$683K
Mount Pleasant West
$608K
Annex
$513K
Regent Park
$699K
Bay Street Corridor
$568K

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

Affordability & Mortgage

Affordability
$1,819/mo
$89KIncome needed
4.5×Price ÷ income
$420Weekly 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 $1,819Property tax $195Condo fee $527Total carry $2,540

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,703per month

Mortgage amount $319,200 · 4.14% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,425Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$195
Condo / maintenance fees
$527
Heating
$0
Estimated monthly cost
$2,425

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

One-time closing costs

Ontario land transfer tax
$4,460
Toronto municipal land transfer tax
$4,460
Estimated closing costs
$8,920

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,069/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

$191,811Total interest paid
$511,011Total of all payments
Principal $319,200 Interest $191,811
YearPrincipalInterestBalance
1$7,478$12,963$311,722
2$7,791$12,650$303,932
3$8,116$12,324$295,815
4$8,456$11,985$287,359
5$8,810$11,631$278,550
6$9,178$11,262$269,372
7$9,562$10,878$259,810
8$9,962$10,478$249,848
9$10,379$10,062$239,469
10$10,813$9,628$228,656
11$11,265$9,175$217,391
12$11,736$8,704$205,655
13$12,227$8,213$193,428
14$12,739$7,702$180,689
15$13,271$7,169$167,418
16$13,827$6,614$153,591
17$14,405$6,036$139,186
18$15,007$5,433$124,179
19$15,635$4,805$108,544
20$16,289$4,151$92,254
21$16,971$3,470$75,284
22$17,680$2,760$57,603
23$18,420$2,020$39,184
24$19,190$1,250$19,993
25$19,993$447$0

At the end of your 5-year term

Total paid over the term
$102,202
Principal paid down
$40,650
Interest paid
$61,552
Balance remaining
$278,550

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
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.

5.1%
Gross yield
− Property tax $2,338− Condo fees $6,325− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,894

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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