S515-120 Bayview Avenue, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13819044

$365,000
For Sale
Listed 26 days agoNo offer date stated
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1Bathrooms
0Parking
0-499Sq ft

About this home

In short

  • Can't beat this on Bayview.
  • First timers and investors alike - here is a rare junior 1 bedroom that doesn't feel junior at all.
  • Bright and airy with its 9 foot ceilings, and clean and unashamedly contemporary finishes.
  • Right next door to Canary Commons Park for your walks, biking trails across the harbourfront, and steps to the 504 streetcar to get you into the core in less than 10...

Can't beat this on Bayview! First timers and investors alike - here is a rare junior 1 bedroom that doesn't feel junior at all. The best layout you'll ever see in a studio - an ultra practical layout with defined living & dining spaces, oversized bathroom and super-sized storage - including a walk-in closet that's so big that you could sleep in it! Bright and airy with its 9 foot ceilings, and clean and unashamedly contemporary finishes. Plus, a big balcony with decking & locker included! ***** Located in the calm and convenient Canary District. Right next door to Canary Commons Park for your walks, biking trails across the harbourfront, and steps to the 504 streetcar to get you into the core in less than 10 minutes. ***** This is the affordable condo you've been looking for. Go get it!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13819044
Bathrooms
1
Size
0-499 sq ft
Cross streets
Bayview Ave & Front St E
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick Front
Maintenance
$432/mo
Exposure
North
Property tax
$1,972 / 2026
Days on market
26
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

Dining RoomFlat3.84 × 3.05 m

combined w/kitchen · hardwood floor

KitchenFlat3.84 × 3.05 m

quartz counter · stainless steel appl · hardwood floor

BedroomFlat3.84 × 3.23 m

combined w/living · walk-in closet(s) · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Queen Alexandra Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Waterfront Communities C8, 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.

Moss Park
$549K
Church-Yonge Corridor
$876K
Waterfront Communities C1
$691K
Kensington-Chinatown
$585K
Niagara
$727K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 1.0 km awayBelow the GTA average · 59% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Nelson Mandela Park Public School · Public elementary0.7 km · 47% at standard
SEED Alternative School · Public secondary0.9 km
Market Lane Junior and Senior Public School · Public elementary1.0 km · 74% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.3 km · 55% at standard
Morse Street Junior Public School · Public elementary1.3 km · 76% at standard
Eastdale Collegiate Institute · Public secondary1.4 km
Sprucecourt Junior Public School · Public elementary1.4 km · 59% at standard
St Michael Catholic School · Catholic elementary1.5 km · 67% at standard
Downtown Alternative School · Public elementary1.5 km
St Martin Catholic School (St.Martin) · Catholic secondary1.7 km
Quest Alternative School Senior · Public elementary1.8 km
Withrow Avenue Junior Public School · Public elementary1.8 km · 85% at standard

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

Affordability & Mortgage

Affordability
$1,664/mo
$80KIncome needed
4.5×Price ÷ income
$384Weekly cost
$7,900Land 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 $1,664Property tax $164Condo fee $432Total carry $2,260

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)
$1,615per month

Mortgage amount $292,000 · 4.49% over 25 years

$73,000Down payment (20.0%)
$292,000Loan before insurance
$0CMHC premium
$2,211Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,615
Property tax
$164
Condo / maintenance fees
$432
Heating
$0
Estimated monthly cost
$2,211

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

One-time closing costs

Ontario land transfer tax
$3,950
Toronto municipal land transfer tax
$3,950
Estimated closing costs
$7,900

Plus your down payment of $73,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,954/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

$192,355Total interest paid
$484,355Total of all payments
Principal $292,000 Interest $192,355
YearPrincipalInterestBalance
1$6,516$12,858$285,484
2$6,812$12,562$278,672
3$7,121$12,253$271,550
4$7,445$11,930$264,106
5$7,783$11,592$256,323
6$8,136$11,238$248,187
7$8,505$10,869$239,681
8$8,892$10,483$230,790
9$9,295$10,079$221,494
10$9,717$9,657$211,777
11$10,159$9,216$201,618
12$10,620$8,754$190,998
13$11,102$8,272$179,896
14$11,606$7,768$168,290
15$12,133$7,241$156,157
16$12,684$6,690$143,473
17$13,260$6,114$130,213
18$13,862$5,512$116,351
19$14,491$4,883$101,860
20$15,149$4,225$86,710
21$15,837$3,537$70,873
22$16,556$2,818$54,317
23$17,308$2,066$37,009
24$18,094$1,280$18,915
25$18,915$459$0

At the end of your 5-year term

Total paid over the term
$96,871
Principal paid down
$35,677
Interest paid
$61,194
Balance remaining
$256,323

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
Estimate$2,300/mo
$27,600Gross annual rent
4.6%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

7.6%
Gross yield
− Property tax $1,972− Condo fees $5,188− Insurance $600− Vacancy & upkeep $3,036Net operating income $16,804

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.

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