534-25 Adra Grado Way, Toronto, ON

Bayview Village, Toronto · MLS® C13798966

$1,188,000
For Sale
Listed 32 days agoNo offer date stated
Request a showing
◎ Directions
2+1Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome To Tridel's Luxury Scala Condo.
  • Rarely Offered Spacious 2 Bedroom + Den, Approx.
  • Ft., With A Large Balcony And Beautiful South-Facing Ravine And Park Trail Views.
  • Functional Open-Concept Layout With Floor-To-Ceiling Windows, Bright Living/Dining Area, Modern Kitchen, Quartz Countertops, Contemporary Cabinetry, And Excellent...
  • Steps To Ravine Trails, Parks, Shopping, Restaurants, TTC, Subway, Hospital, Fairview Mall, Bayview Village, Ikea, Hwy 401/404 And DVP.

Welcome To Tridel's Luxury Scala Condo. Rarely Offered Spacious 2 Bedroom + Den, Approx. 1,156 Sq. Ft., With A Large Balcony And Beautiful South-Facing Ravine And Park Trail Views. Functional Open-Concept Layout With Floor-To-Ceiling Windows, Bright Living/Dining Area, Modern Kitchen, Quartz Countertops, Contemporary Cabinetry, And Excellent Storage. The Large Den Offers Flexible Use As A Home Office, Study, Or Guest Space. Enjoy Resort-Style Amenities Including 24-Hr Concierge, Indoor & Outdoor Pools, Fitness Centre, Party Room, Theatre Room, Hot Tub, Visitor Parking And More. Steps To Ravine Trails, Parks, Shopping, Restaurants, TTC, Subway, Hospital, Fairview Mall, Bayview Village, Ikea, Hwy 401/404 And DVP. A Must See!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13798966
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Sheppard Ave. / Leslie St.
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$940/mo
Exposure
South
Property tax
$5,578 / 2026
Days on market
32
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

Living RoomMain3.12 × 3.05 m

w/o to balcony · window floor to ceiling · laminate

Dining RoomMain8.28 × 2.90 m

combined w/kitchen · open concept · laminate

KitchenMain8.28 × 2.90 m

combined w/dining · granite counters · stainless steel appl

Primary BedroomMain3.66 × 3.05 m

walk-in closet(s) · 4 pc ensuite · window floor to ceiling

DenMain3.91 × 2.59 m

laminate · open concept

Bedroom 2Main3.35 × 2.74 m

large closet · 4 pc ensuite · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.16Mlikely sale price

Listed at $1,188,000. 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 $1.16M, if it sells. A realistic range is $1.10M to $1.26M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$1.10MBelow recent closings$1.26MAbove recent closings

Total price vs nearby homes. Likely closing about $1.16M, 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
32days on market so far
$3,590/moest. rent · 11 leases
3.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 30 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 $1,080/sqft against an area asking average of $784/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 $923K. 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • 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 Don Valley Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 24 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
$824kavg 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 $922K, which is where my estimate comes from.

Per square foot, these ask about $790/sqft; this home lists at $1,080/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
1.19MThis home1.39M719k718k710k585kThis 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
Church-Yonge Corridor
$529K
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 Woodbine Middle School
45%
Woodbine Middle SchoolPublic · Elementary · 1.4 km awayBelow the GTA average · 45% meet the provincial standard
St. MatthiasEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lescon Public School · Public elementary0.8 km · 44% at standard
Dallington Public School · Public elementary0.9 km · 44% at standard
Divine Mercy Catholic School · Catholic elementary1.1 km · 61% at standard
St Timothy Catholic School · Catholic elementary1.2 km · 80% at standard
Elkhorn Public School · Public elementary1.3 km · 85% at standard
Shaughnessy Public School · Public elementary1.3 km · 68% at standard
Crestview Public School · Public elementary1.4 km · 69% at standard
North East Secondary Alternative School · Public secondary1.5 km
Bayview Middle School · Public elementary1.6 km · 80% at standard
Dunlace Public School · Public elementary1.6 km · 69% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary1.8 km
Kingslake Public School · Public elementary1.9 km · 55% at standard

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

Affordability & Mortgage

Affordability
$5,415/mo
$242KIncome needed
4.9×Price ÷ income
$1,250Weekly cost
$40,470Land 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.

79%mortgage
Mortgage $5,415Property tax $465Condo fee $940Total carry $6,819

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,255per month

Mortgage amount $950,400 · 4.49% over 25 years

$237,600Down payment (20.0%)
$950,400Loan before insurance
$0CMHC premium
$6,660Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,255
Property tax
$465
Condo / maintenance fees
$940
Heating
$0
Estimated monthly cost
$6,660

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

One-time closing costs

Ontario land transfer tax
$20,235
Toronto municipal land transfer tax
$20,235
Estimated closing costs
$40,470

Plus your down payment of $237,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,360/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

$626,077Total interest paid
$1,576,477Total of all payments
Principal $950,400 Interest $626,077
YearPrincipalInterestBalance
1$21,209$41,850$929,191
2$22,172$40,887$907,019
3$23,179$39,881$883,841
4$24,231$38,828$859,610
5$25,331$37,728$834,279
6$26,481$36,578$807,797
7$27,684$35,375$780,114
8$28,941$34,119$751,173
9$30,255$32,805$720,919
10$31,628$31,431$689,290
11$33,064$29,995$656,226
12$34,566$28,494$621,661
13$36,135$26,924$585,526
14$37,776$25,283$547,750
15$39,491$23,568$508,259
16$41,284$21,775$466,975
17$43,158$19,901$423,817
18$45,118$17,941$378,699
19$47,166$15,893$331,533
20$49,308$13,751$282,225
21$51,547$11,512$230,678
22$53,887$9,172$176,791
23$56,334$6,725$120,457
24$58,892$4,167$61,566
25$61,566$1,494$0

At the end of your 5-year term

Total paid over the term
$315,295
Principal paid down
$116,121
Interest paid
$199,174
Balance remaining
$834,279

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 Bayview Village$3,590/mo
$43,080Gross annual rent
1.8%Cap rate after taxes and upkeep
$3,303 to $3,877Typical 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 11 whole-home leases in Bayview Village 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 $3,590. 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.

3.6%
Gross yield
− Property tax $5,578− Condo fees $11,280− Insurance $600− Vacancy & upkeep $4,739Net operating income $20,883

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

CallRequest a showing