703-3181 Bayview Avenue, Toronto, ON

Bayview Woods-Steeles, Toronto · MLS® C13637462

$1,100,000
For Sale
Listed 76 days agoNo offer date statedSitting longer than typical
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2+1Bedrooms
2Bathrooms
2Garage
1600-1799Sq ft

About this home

In short

  • Welcome to Unit 703, a spacious (1608 sqft) and beautifully updated 2-bedrooms plus solarium suite featuring serene north-facing views and an abundance of natural light.
  • This well-maintained residence showcases brand-new laminate flooring, fresh green paint throughout, upgraded light fixtures, and thousands spent on quality renovations.
  • The thoughtfully designed layout offers a generous primary bedroom complete with a walk-in closet and luxurious 5-piece ensuite bathroom.
  • Residents enjoy premium amenities including a beautifully landscaped garden, indoor swimming pool, exercise room, party room, boardroom, and concierge service.

Welcome to Unit 703, a spacious (1608 sqft) and beautifully updated 2-bedrooms plus solarium suite featuring serene north-facing views and an abundance of natural light. This well-maintained residence showcases brand-new laminate flooring, fresh green paint throughout, upgraded light fixtures, and thousands spent on quality renovations. The thoughtfully designed layout offers a generous primary bedroom complete with a walk-in closet and luxurious 5-piece ensuite bathroom. The versatile solarium enhanced with French doors provides flexible living space ideal for a family room, home office, or guest area. The upgraded kitchen features granite countertops, pot lights, and modern finishes, creating the perfect space for both everyday living and entertaining. Included in the unit are two underground parking spaces and on locker, with one parking space already wired to accommodate an EV charger installation. Residents enjoy premium amenities including a beautifully landscaped garden, indoor swimming pool, exercise room, party room, boardroom, and concierge service. Conveniently located just minutes from Bayview Village Shopping Centre, public transit, Don Mills Subway Station, and North York General Hospital.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13637462
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1600-1799 sq ft
Cross streets
Bayview and Finch
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,453/mo
Exposure
North
Property tax
$5,034 / 2026
Days on market
76
Listing brokerage
TRUSTWELL REALTY INC.

Rooms

KitchenFlat6.40 × 2.67 m

breakfast area · window · pot lights

LaundryFlat1.63 × 1.09 m

Tile Floor

BedroomFlat6.10 × 3.56 m

4 pc ensuite · laminate · w/o to balcony

Bedroom 2Flat3.61 × 3.12 m

laminate · window · closet

Dining RoomFlat3.45 × 3.56 m

combined w/living · laminate

Living RoomFlat4.93 × 4.93 m

combined w/dining · laminate

BedroomFlat2.54 × 3.56 m

laminate · window

FoyerFlat4.50 × 1.98 m

Tile Floor

Our TakeTeam Asgarian · Broker
Above what recent sales support
$987Kautomated estimate, from recent sales

Listed at $1,100,000, about 11% above our estimate of $987K (homes like it typically land between $919K and $1.04M).

Why $987K. The typical condo sold in Bayview Woods-Steeles over the past year went for about $930K (14 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,034 a year; the typical home sold here pays about $3,900.
  • ▲ Raises itIt is 1,600 to 1,799 sq ft; the typical home sold here is 1,300 to 1,499.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightly2 garage and 2 total parking spaces, against 1 and 1 typically.

Longer on the market than typical. 76 days on the market, and asking 11% above where comparable closings put it.

List price
$919KBelow our range$1.10MAbove our range

Total price vs nearby homes. Fair value about $987K, learned from recent GTA sales.

The market behind the math:

76days on market so far
$4,151/moest. rent · 6 leases
4.5%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $647/sqft against an area asking average of $622/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $988K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Zion Heights Middle School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($647/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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

Based on 9 homes sold in this building over the past two years, from 25 closings in Bayview Woods-Steeles.

What sellers nearby are askingCurrently listed nearby in Bayview Woods-Steeles · asking prices
$735kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $987K, which is where my estimate comes from.

Per square foot, these ask about $655/sqft; this home lists at $647/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
1.10MThis home898k689k799k639k649kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

Neighbourhood & location

Bayview Woods-Steeles, 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.

Bayview Village
$526K
North St. James Town
$765K
Dovercourt-Wallace Emerson-Junction
$640K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K

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 Steelesview Public School
85%
Steelesview Public SchoolPublic · Elementary · 1.9 km awayHigher-rated than most nearby · 85% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Finch Public School · Public elementary0.4 km · 72% at standard
Lester B Pearson Elementary School · Public elementary0.8 km · 92% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary0.8 km · 74% at standard
Cummer Valley Middle School · Public elementary0.9 km · 79% at standard
Bayview Middle School · Public elementary1.2 km · 80% at standard
Avondale Secondary Alternative School · Public secondary1.7 km
Hollywood Public School · Public elementary1.7 km · 96% at standard
St Agnes Catholic School · Catholic elementary1.7 km · 82% at standard
Pineway Public School · Public elementary1.8 km · 48% at standard
Elkhorn Public School · Public elementary1.8 km · 85% at standard
St Gabriel Catholic School · Catholic elementary1.9 km · 70% at standard
Brebeuf College School · Catholic secondary2.0 km · 80% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,013/mo
$235KIncome needed
4.7×Price ÷ income
$1,157Weekly cost
$36,950Land transfer tax, one-time (Ontario + Toronto)
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 $5,013Property tax $419Condo fee $1,453Total carry $6,886

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,866per month

Mortgage amount $880,000 · 4.49% over 25 years

$220,000Down payment (20.0%)
$880,000Loan before insurance
$0CMHC premium
$6,738Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,866
Property tax
$420
Condo / maintenance fees
$1,453
Heating
$0
Estimated monthly cost
$6,738

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

One-time closing costs

Ontario land transfer tax
$18,475
Toronto municipal land transfer tax
$18,475
Estimated closing costs
$36,950

Plus your down payment of $220,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,889/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

$579,701Total interest paid
$1,459,701Total of all payments
Principal $880,000 Interest $579,701
YearPrincipalInterestBalance
1$19,638$38,750$860,362
2$20,529$37,859$839,833
3$21,462$36,926$818,371
4$22,436$35,952$795,935
5$23,455$34,933$772,480
6$24,520$33,868$747,961
7$25,633$32,755$722,328
8$26,797$31,591$695,531
9$28,013$30,375$667,517
10$29,285$29,103$638,232
11$30,615$27,773$607,617
12$32,005$26,383$575,612
13$33,458$24,930$542,153
14$34,977$23,411$507,176
15$36,566$21,822$470,610
16$38,226$20,162$432,385
17$39,961$18,427$392,423
18$41,776$16,612$350,647
19$43,673$14,715$306,975
20$45,655$12,733$261,319
21$47,728$10,660$213,591
22$49,895$8,493$163,695
23$52,161$6,227$111,534
24$54,529$3,859$57,005
25$57,005$1,383$0

At the end of your 5-year term

Total paid over the term
$291,940
Principal paid down
$107,520
Interest paid
$184,421
Balance remaining
$772,480

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
From 6 whole-home leases in Bayview Woods-Steeles$4,151/mo
$49,812Gross annual rent
1.9%Cap rate after taxes and upkeep
$3,819 to $4,513Typical rent range
~22 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 6 whole-home leases in Bayview Woods-Steeles signed at a median of $3,827 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,151. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.5%
Gross yield
− Property tax $5,034− Condo fees $17,438− Insurance $600− Vacancy & upkeep $5,479Net operating income $21,262

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

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