616-676 Sheppard Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13710472

$599,000
For Sale
Listed 55 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Gabriel Manor By Shane Baghai.
  • Spacious & Beautifully Designed Upper-Level Suite Offering Over 814 Sq.
  • Featuring Soaring 9' Ceilings, A Functional Open-Concept Layout & Generously Sized Principal Rooms.
  • A Large Den With Door Can Easily Function As A 2nd Bedroom Or Private Home Office.
  • Upgraded With Hardwood Flooring, Stainless Steel Appliances, Natural Stone Countertops & Backsplash.

Prestigious St. Gabriel Manor By Shane Baghai! Spacious & Beautifully Designed Upper-Level Suite Offering Over 814 Sq. Ft. Of Living Space Includes An Oversized Balcony With Stunning Panoramic North-East Views. Featuring Soaring 9' Ceilings, A Functional Open-Concept Layout & Generously Sized Principal Rooms. A Large Den With Door Can Easily Function As A 2nd Bedroom Or Private Home Office. Abundant Natural Light Creates A Bright & Airy Living Space. Upgraded With Hardwood Flooring, Stainless Steel Appliances, Natural Stone Countertops & Backsplash. Ideally Located Minutes From Bayview & Bessarion Subway Stations, Bayview Village Shopping Centre, Fine Restaurants, Groceries, Hwy 401, Hospital, YMCA, Parks & Steps To The New Community Centre & Library. An Exceptional Opportunity In One Of Bayview Village's Most Desirable Communities!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13710472
Bedrooms
1+1 (2 total)
Bathrooms
2 (1 half)
Size
700-799 sq ft
Cross streets
Bayview / Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$745/mo
Exposure
East
Property tax
$3,152 / 2025
Days on market
55
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$586Klikely sale price

Listed at $599,000. Going by how homes in Bayview Village have actually closed against their asking prices (about 98%, 78 local closings in 90 days), the likely sale price is near $586K, if it sells. A realistic range is $552K to $634K.

Independent value check: $538K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $501K and $565K).

Why $538K. The typical condo sold in Bayview Village over the past year went for about $548K (281 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

List price
$552KBelow recent closings$634KAbove recent closings

Total price vs nearby homes. Likely closing about $586K, from 78 recent closings in this pocket.

The market behind the math:

78sold nearby · 90 days
$545Kmedian sold price
98%of asking, on average
−3%prices vs a year ago
~34 dayshomes like this take to sell
55days on market so far
$2,780/moest. rent · 17 leases
5.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 67 condo apartment homes for sale in the area against 78 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $799/sqft against an area asking average of $855/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 78 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $553K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • 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.

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

Priced above comparable homes overall, but the price per square foot ($799/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 5 homes sold in this building over the past 22 months, from 500 closings in Bayview Village.

What sellers nearby are askingCurrently listed nearby in Bayview Village · asking prices
$571kavg asking

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

Per square foot, these ask about $762/sqft; this home lists at $799/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home599k599k588k539k529kThis home vs active comparables

Sold price trend

Median sold price for condos in Bayview Village: $525K in September 2026, up 2% from a year ago, on 278 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.

Month by month
MonthMedian soldClosings
October 2025$570K21
November 2025$549K15
December 2025$500K15
January 2026$503K16
February 2026$537K17
March 2026$515K21
April 2026$548K29
May 2026$532K31
June 2026$535K24
July 2026$539K35
August 2026$572K32
September 2026$525K22

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.

North St. James Town
$765K
Dovercourt-Wallace Emerson-Junction
$640K
Kensington-Chinatown
$585K
Moss Park
$549K
Church-Yonge Corridor
$876K

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 · 2.7 km awayAround the GTA average · 69% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Elkhorn Public School · Public elementary0.3 km · 85% at standard
Bayview Middle School · Public elementary0.9 km · 80% at standard
Hollywood Public School · Public elementary0.9 km · 96% at standard
Dunlace Public School · Public elementary1.1 km · 69% at standard
Harrison Public School · Public elementary1.3 km · 82% at standard
Windfields Middle School · Public elementary1.6 km · 91% at standard
Avondale Alternative Elementary School · Public elementary1.9 km · 94% at standard
Avondale Public School · Public elementary1.9 km · 70% at standard
York Mills Collegiate Institute · Public secondary2.0 km · 88% at standard
Finch Public School · Public elementary2.0 km · 72% at standard
Earl Haig Secondary School · Public secondary2.1 km · 90% at standard
St Andrew's Middle School · Public elementary2.1 km · 81% at standard

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

Affordability & Mortgage

Affordability
$2,730/mo
$130KIncome needed
4.6×Price ÷ income
$630Weekly cost
$16,910Land 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 $2,730Property tax $263Condo fee $745Total carry $3,738

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,650per month

Mortgage amount $479,200 · 4.49% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,657Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$263
Condo / maintenance fees
$745
Heating
$0
Estimated monthly cost
$3,657

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

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,207/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

$315,674Total interest paid
$794,874Total of all payments
Principal $479,200 Interest $315,674
YearPrincipalInterestBalance
1$10,694$21,101$468,506
2$11,179$20,616$457,327
3$11,687$20,108$445,640
4$12,217$19,577$433,423
5$12,772$19,023$420,651
6$13,352$18,443$407,299
7$13,958$17,837$393,340
8$14,592$17,203$378,748
9$15,255$16,540$363,494
10$15,947$15,848$347,546
11$16,671$15,124$330,875
12$17,428$14,367$313,447
13$18,220$13,575$295,227
14$19,047$12,748$276,180
15$19,912$11,883$256,269
16$20,816$10,979$235,453
17$21,761$10,034$213,692
18$22,749$9,046$190,943
19$23,782$8,013$167,162
20$24,861$6,933$142,300
21$25,990$5,805$116,310
22$27,170$4,625$89,140
23$28,404$3,391$60,736
24$29,694$2,101$31,042
25$31,042$753$0

At the end of your 5-year term

Total paid over the term
$158,975
Principal paid down
$58,549
Interest paid
$100,425
Balance remaining
$420,651

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 17 whole-home leases in Bayview Village$2,780/mo
$33,360Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,563 to $2,919Typical rent range
~23 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 17 whole-home leases in Bayview Village signed at a median of $2,811 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,780. 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.

5.6%
Gross yield
− Property tax $3,152− Condo fees $8,946− Insurance $600− Vacancy & upkeep $3,670Net operating income $16,993

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.

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