2-25 Dervock Crescent, Toronto, ON

Bayview Village, Toronto · MLS® C13789254

$1,598,000
For Sale
Listed 33 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage
1800-1999Sq ft

About this home

In short

  • Gorgeous High End 4 Bedrooms, 4 Bathrooms Town Home Located At The Prestigious Bayview Village.
  • Spacious And Bright, welcoming atmosphere with an open concept, airy vibe and urban style-sleek modern design, 10 Ft Ceiling On Main Floor, Upgraded Wood Flooring...
  • Master Bedroom With 6 Pc Ensuite, Beautiful Roof Top Terrace For Summer Entertainment.
  • Direct Access To Underground Parking From Basement, Top Ranking Schools, Steps To Subway Station, Go Train, Canadian Tire, Ikea, Bayview Village, Restaurants, Grocery...
  • Mins Drive To 401 And 404.

Gorgeous High End 4 Bedrooms, 4 Bathrooms Town Home Located At The Prestigious Bayview Village. Spacious And Bright, welcoming atmosphere with an open concept, airy vibe and urban style-sleek modern design, 10 Ft Ceiling On Main Floor, Upgraded Wood Flooring, Wrought Iron Rails, Plenty Of Led Pot Lights, Modern Kitchen With Quartz Counter Tops, Huge Island. Master Bedroom With 6 Pc Ensuite, Beautiful Roof Top Terrace For Summer Entertainment. Direct Access To Underground Parking From Basement, Top Ranking Schools, Steps To Subway Station, Go Train, Canadian Tire, Ikea, Bayview Village, Restaurants, Grocery Stores, Library, Ymca. Mins Drive To 401 And 404. Top Ranking Schools.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
C13789254
Bedrooms
4
Bathrooms
4 (1 half)
Size
1800-1999 sq ft
Cross streets
Shepard Ave E & Bayview Ave
Parking
2 garage (underground)
Basement
Finished with Walk-Out, Half
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$581/mo
Exposure
East
Property tax
$9,031 / 2026
Days on market
33
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

KitchenMain2.92 × 3.02 m

centre island · hardwood floor · b/i appliances

Living RoomMain4.01 × 3.43 m

combined w/dining · hardwood floor · window

Primary BedroomThird3.35 × 3.70 m

6 pc ensuite · walk-in closet(s) · w/o to balcony

Bedroom 4Second2.46 × 2.54 m

closet · hardwood floor

Dining RoomMain3.37 × 3.02 m

combined w/kitchen · hardwood floor · window

Bedroom 2Second4.01 × 3.30 m

large window · hardwood floor · double closet

Bedroom 3Second3.40 × 3.14 m

large window · hardwood floor · large closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.54Mlikely sale price

Listed at $1,598,000. Going by how homes in Bayview Village and the wider GTA have actually closed against their asking prices (about 96%, 8 local closings in 90 days), the likely sale price is near $1.54M, if it sells. A realistic range is $1.45M to $1.67M.

Independent value check: $1.28M. Without looking at the asking price, our model values the home itself about 20% below the ask (homes like it typically land between $1.19M and $1.35M).

Why $1.28M. The typical townhouse sold in Bayview Village over the past year went for about $768K (32 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $9,031 a year; the typical home sold here pays about $3,100.
  • ▲ Raises it stronglyIt is 1,800 to 1,999 sq ft; the typical home sold here is 1,100 to 1,299.
  • ▲ Raises it slightly4 bedrooms and 4 baths, against 3+1 and 3 typically.
List price
$1.45MBelow recent closings$1.67MAbove recent closings

Total price vs nearby homes. Likely closing about $1.54M, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$793Kmedian sold price
93%of asking, on average
−3%prices vs a year ago
~48 dayshomes like this take to sell
33days on market so far
$4,516/moest. rent · 9 leases
3.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 10 condo townhouse homes for sale in the area against 8 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 $841/sqft against an area asking average of $642/sqft.

  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $925K. 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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

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

Based on 8 comparable homes that sold in Bayview Village over the past two years, from 67 closings there.

What sellers nearby are askingCurrently listed nearby in Bayview Village · asking prices
$1.11Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $1.28M, which is where my estimate comes from.

Per square foot, these ask about $671/sqft; this home lists at $841/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.60MThis home980k1.30M1.05MThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 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$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

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.

St. Andrew-Windfields
$929K
Victoria Village
$754K
Dorset Park
$671K
Downsview-Roding-CFB
$699K
Casa Loma
$2.80M

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 · 2.9 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 elementary0.5 km · 85% at standard
Dunlace Public School · Public elementary0.9 km · 69% at standard
Hollywood Public School · Public elementary1.0 km · 96% at standard
Harrison Public School · Public elementary1.1 km · 82% at standard
Bayview Middle School · Public elementary1.1 km · 80% at standard
Windfields Middle School · Public elementary1.4 km · 91% at standard
York Mills Collegiate Institute · Public secondary1.8 km · 88% at standard
Avondale Alternative Elementary School · Public elementary1.8 km · 94% at standard
Avondale Public School · Public elementary1.8 km · 70% at standard
St Andrew's Middle School · Public elementary1.9 km · 81% at standard
Earl Haig Secondary School · Public secondary2.1 km · 90% at standard
Owen Public School · Public elementary2.2 km · 59% at standard

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

Affordability & Mortgage

Affordability
$7,283/mo
$316KIncome needed
5.1×Price ÷ income
$1,681Weekly cost
$56,870Land 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.

85%mortgage
Mortgage $7,283Property tax $753Condo fee $581Total carry $8,617

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,068per month

Mortgage amount $1,278,400 · 4.49% over 25 years

$319,600Down payment (20.0%)
$1,278,400Loan before insurance
$0CMHC premium
$8,402Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,068
Property tax
$753
Condo / maintenance fees
$581
Heating
$0
Estimated monthly cost
$8,402

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

One-time closing costs

Ontario land transfer tax
$28,435
Toronto municipal land transfer tax
$28,435
Estimated closing costs
$56,870

Plus your down payment of $319,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,555/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

$842,148Total interest paid
$2,120,548Total of all payments
Principal $1,278,400 Interest $842,148
YearPrincipalInterestBalance
1$28,528$56,293$1,249,872
2$29,824$54,998$1,220,048
3$31,178$53,644$1,188,870
4$32,593$52,228$1,156,276
5$34,073$50,749$1,122,203
6$35,620$49,202$1,086,583
7$37,238$47,584$1,049,345
8$38,928$45,893$1,010,417
9$40,696$44,126$969,721
10$42,544$42,278$927,177
11$44,475$40,347$882,701
12$46,495$38,327$836,207
13$48,606$36,216$787,601
14$50,813$34,009$736,788
15$53,120$31,702$683,668
16$55,532$29,290$628,137
17$58,053$26,769$570,084
18$60,689$24,133$509,395
19$63,444$21,378$445,951
20$66,325$18,497$379,626
21$69,336$15,486$310,289
22$72,485$12,337$237,805
23$75,776$9,046$162,029
24$79,216$5,606$82,813
25$82,813$2,009$0

At the end of your 5-year term

Total paid over the term
$424,110
Principal paid down
$156,197
Interest paid
$267,913
Balance remaining
$1,122,203

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 9 whole-home leases in Bayview Village$4,516/mo
$54,192Gross annual rent
2.0%Cap rate after taxes and upkeep
$4,154 to $4,877Typical rent range
~25 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 9 whole-home leases in Bayview Village signed at a median of $4,705 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,516. 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.

3.4%
Gross yield
− Property tax $9,031− Condo fees $6,977− Insurance $600− Vacancy & upkeep $5,961Net operating income $31,623

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

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