516-17 Kenaston Gardens, Toronto, ON

Bayview Village, Toronto · MLS® C13601428

$539,000
For Sale
Just listed today
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome To A Bright And Beautifully Designed 2-Bedroom Corner Suite Located In The Heart Of The Prestigious Bayview Village Community AtThe Prime Intersection Of Bayview & Sheppard. Featuring A Highly Sought-After Split Bedroom Layout, This Home Offers Exceptional Privacy And An Open-Concept Design With Hardwood Floors Throughout And A Sleek, Modern Kitchen With Newly Refinished Cabinets Ideal For Both Everyday Living And Entertaining. This Corner Unit Is Flooded With Natural Light, While A Private 125 Sq Ft Balcony Provides The Perfect Outdoor Retreat. Enjoy The Added Convenience Of A Brand-New Washer And Dryer, One Oversized Parking Space, And One Locker. With An Outstanding Walk Score Of 84, You're Just Steps To Bayview Village Shopping Centre, Bayview Subway Station (2-Minute Walk), YMCA, Loblaws, Library, Parks, Dining, And Top-Rated Schools. Commuting Is Effortless With Quick Access To Highways 401 And 404.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13601428
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Bayview & Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$862/mo
Exposure
North East
Property tax
$3,129 / 2025
Listing brokerage
PROPERTY.CA INC.
Our TakeTeam Asgarian · Broker
In line
$553Kest. value

Listed at $539,000, and my independent estimate is right in line with comparable homes.

In Bayview Village lately, sellers get about 98% of asking; homes sell in ~35 days.

List price
$520KGreat deal$595KOverpriced

Total price vs nearby homes. Fair value about $553K, median of 81 comparables.

How this estimate is builtthe short version

I take the 81 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $577K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 81 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$569kavg asking

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

503-25 McMahon Drive$538k2012-95 Mcmahon Drive$598k2503-1 Rean Drive$599k628-621 Sheppard Avenue$600k319-2756 Old Leslie Street$509k

The 5 closest of 8 active listings nearby.

See all comparable homes
539kThis home538k598k599k600k509kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $589K
$719this home / sqft
69active listings nearby
100sold nearby · 90 days
$588Kmedian sold price
98%of asking, on average

This home lists 14% below the area average of $838/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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$494K
Tam O'Shanter-Sullivan
$409K
Mount Pleasant West
$589K
Annex
$862K
Bay Street Corridor
$556K

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
$2,457/mo
$122KIncome needed
4.4×Price ÷ income
$567Weekly 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.

69%mortgage
Mortgage $2,457Property tax $261Condo fee $862Total carry $3,580

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,301per month

Mortgage amount $431,200 · 4.14% over 25 years

$107,800Down payment (20.0%)
$431,200Loan before insurance
$0CMHC premium
$3,424Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,301
Property tax
$261
Condo / maintenance fees
$862
Heating
$0
Estimated monthly cost
$3,424

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

One-time closing costs

Ontario land transfer tax
$7,255
Toronto municipal land transfer tax
$7,255
Estimated closing costs
$14,510

Plus your down payment of $107,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,795/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

$259,113Total interest paid
$690,313Total of all payments
Principal $431,200 Interest $259,113
YearPrincipalInterestBalance
1$10,102$17,511$421,098
2$10,524$17,088$410,574
3$10,964$16,648$399,610
4$11,423$16,190$388,187
5$11,901$15,712$376,287
6$12,398$15,214$363,888
7$12,917$14,695$350,971
8$13,457$14,155$337,514
9$14,020$13,592$323,493
10$14,607$13,006$308,887
11$15,218$12,395$293,669
12$15,854$11,758$277,815
13$16,517$11,095$261,297
14$17,208$10,404$244,089
15$17,928$9,684$226,161
16$18,678$8,935$207,483
17$19,459$8,153$188,024
18$20,273$7,339$167,750
19$21,121$6,491$146,629
20$22,005$5,608$124,624
21$22,925$4,687$101,699
22$23,884$3,728$77,815
23$24,883$2,729$52,932
24$25,924$1,689$27,008
25$27,008$604$0

At the end of your 5-year term

Total paid over the term
$138,063
Principal paid down
$54,913
Interest paid
$83,149
Balance remaining
$376,287

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
2.1%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.

5.3%
Gross yield
− Property tax $3,129− Condo fees $10,349− Insurance $600− Vacancy & upkeep $3,168Net operating income $11,554

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

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