306-1387 Bayview Avenue, Toronto, ON

Leaside, Toronto · MLS® C13731462

$399,000
For Sale
Listed 48 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Stay At Home In Leaside is a unique boutique building In One Of The Most Desirable Neighbourhoods In Toronto! and a Life Lease for seniors 60 And Over, Very Well...
  • This Immaculate 1+1 unit, South facing with walkout to balcony.

Welcome to SAHIL. Stay At Home In Leaside is a unique boutique building In One Of The Most Desirable Neighbourhoods In Toronto! and a Life Lease for seniors 60 And Over, Very Well Maintained by A Professional Property Management Company And With A Healthy Reserve Fund To Pay For Future Repairs And Replacements. This Immaculate 1+1 unit, South facing with walkout to balcony. Property is vacant and Move in ready!!! Enjoy the lifestyle and amenities of beautiful Leaside at a very affordable price!!!. High walkability Score. Steps To All The shops and amenities, A Big Advantage To Life Lease Is THERE IS NO LAND TRANSFER TAX!!! Monthly Maintenance Fees And Taxes Are Considerably Lower Than Comparable Buildings In The Neighbouring Areas! Just Pay Your Own Hydro, Gas And CATV, Most Everything Else Is Included! Building Features Include Lounge, Outdoor Patio With BBQ, Workshop. Buyers Buy The Right To Occupy The Unit And Pay A Monthly Maintenance Fee Up Until The Time They Decide To Sell! (Please See Attached). Don't Miss this One!!!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13731462
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Lot
12430
Cross streets
Bayview/Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$577/mo
Exposure
South
Property tax
$1,646 / 2026
Days on market
48
Listing brokerage
RIGHT AT HOME REALTY

Rooms

DenMain2.78 × 2.70 m

Broadloom

Dining RoomMain2.52 × 2.25 m

laminate · breakfast bar

Primary BedroomMain4.60 × 3.27 m

Broadloom

KitchenMain2.75 × 2.52 m

tile floor · breakfast bar · pantry

Living RoomMain4.81 × 2.75 m

balcony · south view · laminate

Our TakeTeam Asgarian · Broker
Below what recent sales support
$437Kautomated estimate, from recent sales

Listed at $399,000, about 9% below our estimate of $437K (homes like it typically land between $406K and $459K).

Why $437K. The typical condo sold in Leaside over the past year went for about $580K (29 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $1,646 a year; the typical home sold here pays about $2,900.
  • ▼ Lowers it strongly1+1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▲ Raises it slightlyIts maintenance fee is $577 a month; the typical unit sold here pays about $960.
  • ▼ Lowers it slightlyIt is 700 to 799 sq ft; the typical home sold here is 800 to 899.
List price
$399KBelow our range$459KAbove our range

Total price vs nearby homes. Fair value about $437K, learned from recent GTA sales.

The market behind the math:

3sold nearby · 90 days
48days on market so far
$2,477/moest. rent · 51 leases
7.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 5 condo apartment homes for sale in the area against 3 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 $532/sqft against an area asking average of $822/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 29 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $500K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

On schools, this address is zoned for Bessborough Drive Elementary and 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

There were not many closely comparable homes right in Leaside, so I widened the search to the surrounding area.

Based on 29 comparable homes that sold in Leaside over the past two years, from 36 closings there.

What sellers nearby are askingCurrently listed nearby in Leaside · asking prices
$595kavg 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 $437K, which is where my estimate comes from.

Per square foot, these ask about $862/sqft; this home lists at $532/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
399kThis home419k645k720kThis 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

Leaside, 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
Kensington-Chinatown
$585K
Moss Park
$549K
Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K

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 Rolph Road Elementary School
88%
Rolph Road Elementary SchoolPublic · Elementary · 0.6 km awayHigher-rated than most nearby · 88% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Maurice Cody Junior Public School · Public elementary0.6 km · 90% at standard
Bennington Heights Elementary School · Public elementary0.8 km · 80% at standard
Hodgson Middle School · Public elementary1.0 km · 76% at standard
Northlea Elementary and Middle School · Public elementary1.5 km · 84% at standard
Whitney Junior Public School · Public elementary1.6 km · 94% at standard
Eglinton Junior Public School · Public elementary1.6 km · 70% at standard
Northern Secondary School · Public secondary1.8 km · 82% at standard
Our Lady of Perpetual Help Catholic School · Catholic elementary1.8 km · 88% at standard
Davisville Junior Public School · Public elementary1.8 km · 86% at standard
Spectrum Alternative Senior School · Public elementary1.8 km
Deer Park Junior and Senior Public School · Public elementary2.0 km · 84% at standard
North Toronto Collegiate Institute · Public secondary2.1 km · 88% at standard

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

Affordability & Mortgage

Affordability
$1,819/mo
$88KIncome needed
4.5×Price ÷ income
$420Weekly cost
$8,920Land 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.

72%mortgage
Mortgage $1,819Property tax $137Condo fee $577Total carry $2,533

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)
$1,765per month

Mortgage amount $319,200 · 4.49% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,479Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,765
Property tax
$137
Condo / maintenance fees
$577
Heating
$0
Estimated monthly cost
$2,479

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

One-time closing costs

Ontario land transfer tax
$4,460
Toronto municipal land transfer tax
$4,460
Estimated closing costs
$8,920

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,136/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

$210,273Total interest paid
$529,473Total of all payments
Principal $319,200 Interest $210,273
YearPrincipalInterestBalance
1$7,123$14,056$312,077
2$7,447$13,732$304,630
3$7,785$13,394$296,845
4$8,138$13,041$288,707
5$8,508$12,671$280,200
6$8,894$12,285$271,306
7$9,298$11,881$262,008
8$9,720$11,459$252,288
9$10,161$11,018$242,127
10$10,623$10,556$231,504
11$11,105$10,074$220,399
12$11,609$9,570$208,790
13$12,136$9,043$196,654
14$12,687$8,492$183,967
15$13,263$7,916$170,703
16$13,866$7,313$156,838
17$14,495$6,684$142,343
18$15,153$6,026$127,189
19$15,841$5,338$111,348
20$16,560$4,618$94,788
21$17,312$3,867$77,475
22$18,098$3,080$59,377
23$18,920$2,259$40,457
24$19,779$1,400$20,677
25$20,677$502$0

At the end of your 5-year term

Total paid over the term
$105,895
Principal paid down
$39,000
Interest paid
$66,894
Balance remaining
$280,200

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 51 whole-home leases in Leaside$2,477/mo
$29,724Gross annual rent
4.3%Cap rate after taxes and upkeep
$2,174 to $2,641Typical rent range
~15 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 51 whole-home leases in Leaside signed at a median of $2,494 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,477. 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.

7.4%
Gross yield
− Property tax $1,646− Condo fees $6,925− Insurance $600− Vacancy & upkeep $3,270Net operating income $17,283

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

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