808-2885 Bayview Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13581438

$499,000
For Sale
Just listed today
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Prime North York Location! Welcome to this bright and spacious 1+Den, 2 Full Bathroom suite in one of North York's most sought-after communities. Offering over 700 sq. ft. of thoughtfully designed living space with 9-ft ceilings, this functional layout is ideal for professionals, couples, or small families. The generous den can easily serve as a home office, guest room, or second bedroom.Enjoy upgraded ceramic tile flooring in the foyer and kitchen for enhanced durability and style, while the expansive private balcony provides the perfect setting to relax and take in stunning sunset views.Unbeatable convenience with the subway entrance just steps away, and within walking distance to Bayview Village Shopping Centre, Loblaws, restaurants, parks, and everyday amenities. Residents enjoy exceptional building amenities, including 24-hour concierge, indoor swimming pool, fitness centre, sauna, theatre room, rooftop terrace with BBQs, party room, and ample visitor parking.An outstanding opportunity to own or invest in a vibrant, transit-oriented neighbourhood with luxury conveniences at your doorstep!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13581438
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
700-799
Cross streets
Bayview & Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$589/mo
Exposure
West
Property tax
$3,015 / 2025
Listing brokerage
AVION REALTY INC.

Rooms

DenGround2.90 × 2.40 m

hardwood floor · open concept

Primary BedroomGround3.90 × 2.90 m

hardwood floor · 4 pc ensuite · pot lights

Living RoomGround6.20 × 3.04 m

hardwood floor · w/o to balcony · combined w/dining

KitchenGround3.30 × 3.04 m

ceramic floor · open concept · stainless steel appl

Dining RoomGround6.20 × 3.04 m

hardwood floor · open concept · combined w/living

Moe’s TakeTeam Asgarian · Broker
Below comparables
$604Kest. value

Listed at $499,000, 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 32 similar homes nearby, adjusted for size, beds, and baths.Median of 32 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $585K, 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 $590K
  • Bathrooms +$15K
  • Adjusts to $605K

That comparable adjusts to $605K; the $604K estimate above is the median of all 32 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$499KGreat deal$658KOverpriced

Total price vs nearby homes. Fair value about $604K, median of 32 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.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$530kavg asking

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

315-15 Singer Court$488k1211-15 Singer Court$540k319-2756 Old Leslie Street$509k516-17 Kenaston Gardens$575k503-25 McMahon Drive$538k

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home488k540k509k575k538kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $580K
$666this home / sqft
71active listings nearby

This home lists 22% below the area average of $849/sqft.

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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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
$466K
Willowdale West
$770K
Westminster-Branson
$594K
Tam O'Shanter-Sullivan
$626K
Annex
$929K

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
$2,274/mo
$110KIncome needed
4.6×Price ÷ income
$525Weekly 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.

73%mortgage
Mortgage $2,274Property tax $251Condo fee $589Total carry $3,115

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,971Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$251
Condo / maintenance fees
$589
Heating
$0
Estimated monthly cost
$2,971

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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$2,400/mo
$28,800Gross annual rent
3.0%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.

5.8%
Gross yield
− Property tax $3,015− Condo fees $7,070− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,946

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

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