506-35 Bales Avenue, Toronto, ON

Willowdale East, Toronto · MLS® C13785458

$529,900
For Sale
Listed 5 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to this beautifully maintained 2-bedroom condo at 35 Bales Avenue, offering comfort, convenience, and vibrant urban living in the heart of North York.
  • Bright and functional, the suite features an open-concept living and dining area, large windows for abundant natural light, and a well-equipped kitchen with ample...
  • Ideally located steps from the TTC subway, shopping, restaurants, cafes, parks, and everyday amenities, with easy access to Highway 401, Yonge Street, schools, and...

Welcome to this beautifully maintained 2-bedroom condo at 35 Bales Avenue, offering comfort, convenience, and vibrant urban living in the heart of North York. Bright and functional, the suite features an open-concept living and dining area, large windows for abundant natural light, and a well-equipped kitchen with ample cabinetry and counter space. The desirable split-bedroom layout provides exceptional privacy-ideal for professionals, small families, roommates, or investors. The primary bedroom offers generous closet space, while the second bedroom is versatile for guests, a nursery, or a home office. Enjoy in-suite laundry and a private balcony with city views.Ideally located steps from the TTC subway, shopping, restaurants, cafes, parks, and everyday amenities, with easy access to Highway 401, Yonge Street, schools, and North York Centre. Building amenities further enhance this convenient lifestyle. A move-in-ready opportunity for first-time buyers, downsizers, and investors alike. Some photos are virtually staged.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13785458
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Yonge and Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$721/mo
Exposure
North East
Property tax
$2,916 / 2026
Days on market
5
Listing brokerage
ZOWN REALTY INC.

Rooms

KitchenFlat2.44 × 2.36 m

laminate · large closet

Primary BedroomFlat3.89 × 2.74 m

Laminate

Dining RoomFlat5.87 × 2.90 m

laminate · combined w/living

Living RoomFlat5.86 × 2.90 m

laminate · combined w/dining · w/o to balcony

Bedroom 2Flat3.12 × 2.74 m

laminate · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$517Klikely closing

Listed at $529,900 with no offer date. Homes here have been closing close to ask, so my read is $517K, typically $503K to $526K. Comparable closings on their own put this home around $522K, which supports the ask, so this is a firm read.

List price
$503KBelow recent closings$530KAbove recent closings

Total price vs nearby homes. Likely closing about $517K, from 140 recent closings in this pocket.

The market behind the math:

140sold nearby · 90 days
$553Kmedian sold price
98%of asking, on average
−12%prices vs a year ago
~28 dayshomes like this take to sell
5days on market so far
$2,666/moest. rent · 448 leases
6.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 72 condo apartment homes for sale in the area against 140 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 $707/sqft against an area asking average of $814/sqft. Size and $/sqft both feed the estimate above.

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 140 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $561K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
Schools & getting aroundcatchment and transit

Its public catchment (Claude Watson School for the Arts) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 10 homes sold in this building over the past year, from 500 closings in Willowdale East.

What sellers nearby are askingCurrently listed nearby in Willowdale East · asking prices
$536kavg 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 $703/sqft; this home lists at $707/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
530kThis home488k558k538k545k549kThis home vs active comparables

Neighbourhood & location

Willowdale East, 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
$440K
Henry Farm
$499K
Mount Pleasant West
$509K
Tam O'Shanter-Sullivan
$499K
Bay Street Corridor
$552K

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 Claude Watson School for the Arts
96%
Claude Watson School for the ArtsPublic · Elementary · 0.6 km awayAmong the top in the GTA · 96% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cardinal Carter ES · Catholic elementary0.4 km
Cardinal Carter Academy for the Arts · Catholic secondary0.4 km · 92% at standard
Avondale Alternative Elementary School · Public elementary0.7 km · 94% at standard
Avondale Public School · Public elementary0.7 km · 70% at standard
St Edward Catholic School · Catholic elementary0.8 km · 89% at standard
Earl Haig Secondary School · Public secondary1.0 km · 90% at standard
Cameron Public School · Public elementary1.2 km · 81% at standard
McKee Public School · Public elementary1.5 km · 86% at standard
St Andrew's Middle School · Public elementary1.7 km · 81% at standard
Hollywood Public School · Public elementary1.7 km · 96% at standard
Willowdale Middle School · Public elementary1.8 km · 78% at standard
Owen Public School · Public elementary1.8 km · 59% at standard

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

Affordability & Mortgage

Affordability
$2,415/mo
$117KIncome needed
4.5×Price ÷ income
$557Weekly cost
$14,146Land 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.

71%mortgage
Mortgage $2,415Property tax $243Condo fee $721Total carry $3,379

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,320per month

Mortgage amount $423,920 · 4.39% over 25 years

$105,980Down payment (20.0%)
$423,920Loan before insurance
$0CMHC premium
$3,284Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,320
Property tax
$243
Condo / maintenance fees
$721
Heating
$0
Estimated monthly cost
$3,284

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

One-time closing costs

Ontario land transfer tax
$7,073
Toronto municipal land transfer tax
$7,073
Estimated closing costs
$14,146

Plus your down payment of $105,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,811/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

$272,209Total interest paid
$696,129Total of all payments
Principal $423,920 Interest $272,209
YearPrincipalInterestBalance
1$9,593$18,252$414,327
2$10,019$17,827$404,309
3$10,463$17,382$393,846
4$10,928$16,918$382,918
5$11,413$16,433$371,505
6$11,919$15,926$359,586
7$12,448$15,397$347,138
8$13,000$14,845$334,138
9$13,577$14,268$320,560
10$14,180$13,665$306,380
11$14,809$13,036$291,571
12$15,467$12,378$276,104
13$16,153$11,692$259,951
14$16,870$10,975$243,081
15$17,619$10,226$225,462
16$18,401$9,444$207,062
17$19,217$8,628$187,844
18$20,070$7,775$167,774
19$20,961$6,884$146,813
20$21,891$5,954$124,922
21$22,863$4,982$102,059
22$23,878$3,968$78,181
23$24,937$2,908$53,244
24$26,044$1,801$27,200
25$27,200$645$0

At the end of your 5-year term

Total paid over the term
$139,226
Principal paid down
$52,415
Interest paid
$86,811
Balance remaining
$371,505

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 448 whole-home leases in Willowdale East$2,666/mo
$31,992Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,533 to $2,799Typical rent range
~19 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 448 whole-home leases in Willowdale East signed at a median of $2,450 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,666. 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.

6.0%
Gross yield
− Property tax $2,916− Condo fees $8,648− Insurance $600− Vacancy & upkeep $3,519Net operating income $16,309

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

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