Th11-121 Mcmahon Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13563200

$4,800/mo
For Lease
Listed 8 days ago
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3Bedrooms
4Bathrooms
2Garage
1400-1599Sq Ft

About this home

Contemporary 3-Storey Townhome Located In Bayview Village.10' Ceilings On Ground/F, 9' On 2/F & 3/F. Floor To Ceiling Windows. Bright & Spacious. Engineered Hardwood Floor Throughout And $$$ Upgrades.Private Rooftop Terrace With Gas Bbq Hookup.Enjoy The Use Of Tango Amenities:Indoor & Outdoor Whirlpools,Cardio Rm,Weights Rm,Steam Rm,Party Rm,Guest Suites.Shuttle Bus Service. Close To 401& 404. Two Parkings& One Locker Included.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
C13563200
Bedrooms
3
Bathrooms
4 (1 half)
Size
1400-1599
Cross streets
Sheppard / Leslie
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Exposure
East
Days on market
8
Listing brokerage
HOMELIFE LANDMARK REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,822/moest. value

Listed at $4,800/mo, this rental is about 26% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Bayview Village lately, landlords have been getting about 99% of asking and homes lease in about 30 days.

There were not many closely comparable homes right in Bayview Village, so I widened the search to the surrounding area.

Based on 82 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 82 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $3,600/mo
  • Bathrooms +$100/mo
  • Adjusts to $3,700/mo

That comparable adjusts to $3,700/mo; the $3,822/mo estimate above is the median of all 82 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

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.

List price
$3,522/moBelow market$4,800/moAbove market

Total price vs nearby homes. Fair value about $3,822/mo, median of 82 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$4,049avg asking

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

51-140 Broadview Avenue$4,950TH2-101 The Queensway$3,99542-99 The Queensway$4,20054 Paul Markway Court$3,700187-10 Lloyd Janes Lane$3,400

The 5 closest of 8 active listings nearby.

See all comparable homes
4,800This home4,9503,9954,2003,7003,400This home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $5K
7active listings nearby
8days on market
37leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

1 days longer than the Toronto average (7 days).

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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
$4K
Newtonbrook West
$4K
Hillcrest Village
$3K
Parkwoods-Donalda
$3K
L'Amoreaux
$3K

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
$22/mo
$5KIncome needed
1.0×Price ÷ income
$5Weekly 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.

88%mortgage
Mortgage $22Property tax $3Total carry $25

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$20per month

Mortgage amount $3,840 · 4.14% over 25 years

$960Down payment (20.0%)
$3,840Loan before insurance
$0CMHC premium
$23Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23

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

One-time closing costs

Ontario land transfer tax
$24
Toronto municipal land transfer tax
$24
Estimated closing costs
$48

Plus your down payment of $960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$25/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

$2,307Total interest paid
$6,147Total of all payments
Principal $3,840 Interest $2,307
YearPrincipalInterestBalance
1$90$156$3,750
2$94$152$3,656
3$98$148$3,559
4$102$144$3,457
5$106$140$3,351
6$110$135$3,241
7$115$131$3,126
8$120$126$3,006
9$125$121$2,881
10$130$116$2,751
11$136$110$2,615
12$141$105$2,474
13$147$99$2,327
14$153$93$2,174
15$160$86$2,014
16$166$80$1,848
17$173$73$1,674
18$181$65$1,494
19$188$58$1,306
20$196$50$1,110
21$204$42$906
22$213$33$693
23$222$24$471
24$231$15$241
25$241$5$0

At the end of your 5-year term

Total paid over the term
$1,229
Principal paid down
$489
Interest paid
$740
Balance remaining
$3,351

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.

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

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