1202-2 Teagarden Court, Toronto, ON

Willowdale East, Toronto · MLS® C13797100

$788,400
For Sale
Listed 3 days agoNo offer date stated
2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • If Bayview and Sheppard is your neighbourhood, it does not get better than 2 Teagarden.
  • Spacious 2-Bedroom Suite with Clear Views.
  • Experience elevated living at the newly built Teagarden Residences, where refined design meet sun beatable convenience.
  • This bright 2-bedroom, 2-bathroom residence offers 876 sq.ft. of well-planned interior space plus a 47 sq.ft. balcony, with clear, open views that fill the unit with...
  • Located just steps to Bayview Village Mall, Bayview Subway Station, YMCA, parks, and top ranked schools, this luxury boutique condo blends comfort with accessibility.

If Bayview and Sheppard is your neighbourhood, it does not get better than 2 Teagarden. Spacious 2-Bedroom Suite with Clear Views! Experience elevated living at the newly built Teagarden Residences, where refined design meet sun beatable convenience. This bright 2-bedroom, 2-bathroom residence offers 876 sq.ft. of well-planned interior space plus a 47 sq.ft. balcony, with clear, open views that fill the unit with natural light. Enjoy the elegance of wide plank laminate flooring, custom blinds, and an efficient floor plan that truly sells itself. Located just steps to Bayview Village Mall, Bayview Subway Station, YMCA, parks, and top ranked schools, this luxury boutique condo blends comfort with accessibility. Commuting is a breeze with easy access to Hwy 401, DVP, and downtown Toronto in just 15 minutes Don't miss your chance to own in North York's most desirable location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13797100
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Bayview and Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete, Metal/Steel Siding
Maintenance
$912/mo
Exposure
North
Property tax
$4,225 / 2025
Days on market
3
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomFlat3.90 × 3.63 m

Laminate

BedroomFlat2.79 × 3.09 m

Laminate

Primary BedroomFlat4.20 × 3.05 m

4 pc ensuite · w/o to balcony · laminate

Dining RoomFlat3.90 × 3.63 m

combined w/living · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$769Klikely closing

Listed at $788,400 with no offer date. Homes here have been closing close to ask, so my read is $769K, typically $748K to $782K. Comparable closings on their own put this home around $760K, which supports the ask, so this is a firm read.

List price
$748KBelow recent closings$788KAbove recent closings

Total price vs nearby homes. Likely closing about $769K, 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
3days on market so far
$3,222/moest. rent · 11 leases
4.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 50 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 $830/sqft against an area asking average of $737/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 $629K. Condition and finishes remain an in-person call.

What the listing highlights2 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Hollywood Public 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.

Based on 140 comparable homes that sold in Willowdale East over the past year, from 500 closings there.

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 Hollywood Public School
96%
Hollywood Public SchoolPublic · Elementary · 0.3 km awayAmong the top in the GTA · 96% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Elkhorn Public School · Public elementary0.8 km · 85% at standard
Bayview Middle School · Public elementary0.9 km · 80% at standard
Avondale Alternative Elementary School · Public elementary1.3 km · 94% at standard
Avondale Public School · Public elementary1.3 km · 70% at standard
Harrison Public School · Public elementary1.5 km · 82% at standard
Dunlace Public School · Public elementary1.6 km · 69% at standard
Claude Watson School for the Arts · Public elementary1.7 km · 96% at standard
Cardinal Carter ES · Catholic elementary1.7 km
Cardinal Carter Academy for the Arts · Catholic secondary1.7 km · 92% at standard
Finch Public School · Public elementary1.8 km · 72% at standard
St Andrew's Middle School · Public elementary1.9 km · 81% at standard
McKee Public School · Public elementary1.9 km · 86% at standard

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

Affordability & Mortgage

Affordability
$3,593/mo
$169KIncome needed
4.7×Price ÷ income
$829Weekly cost
$24,486Land 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.

74%mortgage
Mortgage $3,593Property tax $352Condo fee $912Total carry $4,857

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)
$3,452per month

Mortgage amount $630,720 · 4.39% over 25 years

$157,680Down payment (20.0%)
$630,720Loan before insurance
$0CMHC premium
$4,716Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,452
Property tax
$352
Condo / maintenance fees
$912
Heating
$0
Estimated monthly cost
$4,716

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

One-time closing costs

Ontario land transfer tax
$12,243
Toronto municipal land transfer tax
$12,243
Estimated closing costs
$24,486

Plus your down payment of $157,680. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$4,183/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

$405,000Total interest paid
$1,035,720Total of all payments
Principal $630,720 Interest $405,000
YearPrincipalInterestBalance
1$14,272$27,156$616,448
2$14,906$26,523$601,542
3$15,567$25,861$585,974
4$16,258$25,170$569,716
5$16,980$24,449$552,736
6$17,733$23,695$535,003
7$18,521$22,908$516,482
8$19,342$22,086$497,140
9$20,201$21,228$476,939
10$21,098$20,331$455,841
11$22,034$19,395$433,807
12$23,012$18,417$410,796
13$24,033$17,396$386,762
14$25,100$16,329$361,663
15$26,214$15,215$335,449
16$27,377$14,052$308,072
17$28,592$12,837$279,480
18$29,861$11,568$249,619
19$31,186$10,242$218,433
20$32,570$8,858$185,862
21$34,016$7,413$151,846
22$35,526$5,903$116,320
23$37,102$4,326$79,218
24$38,749$2,680$40,469
25$40,469$960$0

At the end of your 5-year term

Total paid over the term
$207,144
Principal paid down
$77,984
Interest paid
$129,160
Balance remaining
$552,736

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 11 whole-home leases in Willowdale East$3,222/mo
$38,664Gross annual rent
2.4%Cap rate after taxes and upkeep
$2,965 to $3,480Typical 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 11 whole-home leases in Willowdale East signed at a median of $2,896 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,222. 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.

4.9%
Gross yield
− Property tax $4,225− Condo fees $10,940− Insurance $600− Vacancy & upkeep $4,253Net operating income $18,646

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

CallRequest a showing