3208-121 Mcmahon Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13564612

$650,000
For Sale
Listed 3 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Beautiful 2 Bedroom, 2 Bathroom Corner Suite In The Highly Sought-After Tango At Concord Park Place! This Bright And Spacious Corner Unit Features A Functional Split-Bedroom Layout Designed For Comfortable Modern Living, Offering Excellent Privacy For Families, Professionals, Or Roommates. The Open-Concept Living And Dining Area Is Filled With Natural Light And Seamlessly Extends To A Large Private Balcony, Perfect For Relaxing Or Entertaining. The Well-Designed Layout Maximizes Both Space And Functionality, Making It An Ideal Home For End-Users Or Investors. Enjoy An Exceptional Lifestyle With Resort-Style Amenities, Including A Fully Equipped Fitness Centre, Sauna, Three Outdoor Hot Tubs And One Indoor Hot Tub, Party Room, Two Guest Suites, Beautifully Landscaped Outdoor Seating Areas, Ample Visitor Parking, And 24-Hour Concierge Service. Location Highlights: Ideally Situated At Sheppard & Leslie In The Vibrant Bayview Village / North York Community. Just Steps To Ikea And North York General Hospital, Minutes To Leslie Subway Station, Bessarion Subway Station, And Oriole Go Station, With Quick Access To Highways 401 & 404. Surrounded By Parks, Shopping, Restaurants, And Everyday Amenities

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13564612
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Sheppard & Leslie
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$857/mo
Exposure
South East
Property tax
$3,280 / 2025
Days on market
3
Listing brokerage
SMART SOLD REALTY

Rooms

Dining RoomGround5.90 × 4.14 m

laminate · combined w/living · open concept

Living RoomFlat5.90 × 4.14 m

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

Primary BedroomFlat4.24 × 3.76 m

4 pc ensuite · large closet · broadloom

Bedroom 2Flat3.24 × 3.20 m

broadloom · window · closet

KitchenFlat4.40 × 2.40 m

open concept · quartz counter · open concept

Moe’s TakeTeam Asgarian · Broker
Below comparables
$782Kest. value

Listed at $650,000, this home is about 17% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $646K, a bit lower.

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 $688K
  • Adjusts to $688K

That comparable adjusts to $688K; the $782K estimate above is the median of all 13 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Woodsworth Rd at Northey Dr is about a 4-minute walk away.

List price
$650KGreat deal$808KOverpriced

Total price vs nearby homes. Fair value about $782K, median of 13 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.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$644kavg asking

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

1307-18 Kenaston Gardens$688k1110-15 Singer Court$650k309-23 Rean Drive$700k717-72 Esther Shiner Boulevard$590k303-117 McMahon Drive$590k

The 5 closest of 8 active listings nearby.

See all comparable homes
650kThis home688k650k700k590k590kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $700K
$685this home / sqft
40active listings nearby
3days on market

This home lists 14% below the area average of $801/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

67/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Woodsworth Rd at Northey Dr, about 290 m away

20+ transit stops1 grocery20+ dining20+ parks13 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 · 2.5 km awayAround the GTA average · 69% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,962/mo
$141KIncome needed
4.6×Price ÷ income
$684Weekly 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 $2,962Property tax $273Condo fee $857Total carry $4,093

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)
$2,775per month

Mortgage amount $520,000 · 4.14% over 25 years

$130,000Down payment (20.0%)
$520,000Loan before insurance
$0CMHC premium
$3,905Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,775
Property tax
$273
Condo / maintenance fees
$857
Heating
$0
Estimated monthly cost
$3,905

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

One-time closing costs

Ontario land transfer tax
$9,475
Toronto municipal land transfer tax
$9,475
Estimated closing costs
$18,950

Plus your down payment of $130,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,370/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

$312,474Total interest paid
$832,474Total of all payments
Principal $520,000 Interest $312,474
YearPrincipalInterestBalance
1$12,182$21,117$507,818
2$12,691$20,608$495,127
3$13,222$20,077$481,905
4$13,775$19,524$468,129
5$14,351$18,947$453,778
6$14,952$18,347$438,826
7$15,577$17,722$423,249
8$16,229$17,070$407,020
9$16,908$16,391$390,113
10$17,615$15,684$372,498
11$18,352$14,947$354,146
12$19,119$14,180$335,027
13$19,919$13,380$315,108
14$20,752$12,547$294,356
15$21,620$11,679$272,736
16$22,524$10,774$250,211
17$23,467$9,832$226,745
18$24,448$8,851$202,296
19$25,471$7,828$176,825
20$26,536$6,763$150,289
21$27,646$5,653$122,643
22$28,803$4,496$93,840
23$30,007$3,292$63,833
24$31,263$2,036$32,570
25$32,570$729$0

At the end of your 5-year term

Total paid over the term
$166,495
Principal paid down
$66,222
Interest paid
$100,273
Balance remaining
$453,778

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$3,050/mo
$36,600Gross annual rent
2.8%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.

5.6%
Gross yield
− Property tax $3,280− Condo fees $10,286− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,408

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

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