317-591 Sheppard Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13576826

$2,900/mo
For Lease
Just listed today
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Luxury Village Residence Condo presents a rare opportunity to experience the prestigious Bayview Village lifestyle with all the conveniences of modern condo living. Ideally situated next to Bayview Subway Station and directly across from Bayview Village Mall, this spacious 870 sq.ft. suite with an additional 95 sq.ft. balcony offers an exceptional layout featuring two bedrooms-one with a north-facing balcony and the primary bedroom facing south for abundant natural light. Designed for both comfort and sophistication, the unit includes one parking space and offers easy access to shopping, dining, and transit. Discover refined urban living at its best in this sought-after Bayview community

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13576826
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Bayview/Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North South
Listing brokerage
BAY STREET GROUP INC.

Rooms

Primary BedroomMain3.63 × 3.04 m

overlooks backyard · laminate · walk-in closet(s)

Bedroom 2Main3.51 × 2.97 m

w/o to balcony · laminate · closet

KitchenMain4.27 × 2.97 m

combined w/dining · laminate · stainless steel appl

Living RoomMain3.51 × 2.97 m

w/o to balcony · laminate · open concept

Dining RoomMain4.27 × 2.97 m

combined w/kitchen · laminate · open concept

Moe’s TakeTeam Asgarian · Broker
Below comparables
$3,059/moest. value

Listed at $2,900/mo, this rental is about 5% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 25 similar rentals nearby, adjusted for size, beds, and baths.Median of 25 comparable active listings, 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, listed at $2,950/mo
  • Adjusts to $2,950/mo

That comparable adjusts to $2,950/mo; the $3,059/mo estimate above is the median of all 25 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are 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.

On location, this is a very walkable address with everyday errands close by. Sheppard Ave East at Rean Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,900/moBelow market$3,179/moAbove market

Total price vs nearby homes. Fair value about $3,059/mo, median of 25 comparables.

Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$2,950avg asking

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

505-591 Sheppard Avenue$2,950910-115 Mcmahon Drive$3,000916-68 Esther Shiner Boulevard$2,800309-23 Rean Drive$3,000309-7 Kenaston Gardens$3,000

The 5 closest of 8 active listings nearby.

See all comparable homes
2,900This home2,9503,0002,8003,0003,000This home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $3K
55active listings nearby
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.

Getting around

78/ 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 Rean Dr, about 84 m away

20+ transit stops2 grocery20+ dining20+ parks10 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
$2K
Henry Farm
$2K
Bay Street Corridor
$3K
Church-Yonge Corridor
$2K
Dovercourt-Wallace Emerson-Junction
$2K

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

Affordability & Mortgage

Affordability
$13/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly 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 $13Property tax $2Total carry $15

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)
$12per month

Mortgage amount $2,320 · 4.14% over 25 years

$580Down payment (20.0%)
$2,320Loan before insurance
$0CMHC premium
$14Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14

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

One-time closing costs

Ontario land transfer tax
$15
Toronto municipal land transfer tax
$15
Estimated closing costs
$29

Plus your down payment of $580. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15/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

$1,394Total interest paid
$3,714Total of all payments
Principal $2,320 Interest $1,394
YearPrincipalInterestBalance
1$54$94$2,266
2$57$92$2,209
3$59$90$2,150
4$61$87$2,089
5$64$85$2,025
6$67$82$1,958
7$69$79$1,888
8$72$76$1,816
9$75$73$1,741
10$79$70$1,662
11$82$67$1,580
12$85$63$1,495
13$89$60$1,406
14$93$56$1,313
15$96$52$1,217
16$100$48$1,116
17$105$44$1,012
18$109$39$903
19$114$35$789
20$118$30$671
21$123$25$547
22$129$20$419
23$134$15$285
24$139$9$145
25$145$3$0

At the end of your 5-year term

Total paid over the term
$743
Principal paid down
$295
Interest paid
$447
Balance remaining
$2,025

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 BAY STREET GROUP INC.. MLS®/PropTx.

CallRequest a showing