Ph 1501-2885 Bayview Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13843678

$564,900
For Sale
Listed 19 days agoNo offer date stated
Request a showing
◎ Directions
1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Introducing 'The Arc' an award-winning development by the reputable Daniels Corporation.
  • Spacious Penthouse 1 Bed + Den | 1 Full Bath | Over 620 sqft Includes 1 Underground Parking.
  • Open-concept layout with 9' ceilings, floor-to-ceiling windows, and a large balcony with unobstructed east views, filling the space with morning light.
  • Unbeatable Location: Steps to Bayview Subway Station, ideal for downtown commuters or those working from home.
  • Well-managed building with low monthly fees and fantastic Concierge, Indoor Pool, Gym, Steam Room, Party Room, Theatre, Media Room, Guest Suites, Study,amenities:24/7...

Introducing 'The Arc' an award-winning development by the reputable Daniels Corporation. This landmark residence is nestled in the prestigious Bayview Village community. Spacious Penthouse 1 Bed + Den | 1 Full Bath | Over 620 sqft Includes 1 Underground Parking. Open-concept layout with 9' ceilings, floor-to-ceiling windows, and a large balcony with unobstructed east views, filling the space with morning light. The versatile Den can function as a home office or a second bedroom. The modern kitchen features quality cabinetry doors, Granite countertops, flowing seamlessly into the living and dining areas. Ensuite laundry (washer & dryer). This thoughtfully designed unit blends luxury and convenience. Unbeatable Location: Steps to Bayview Subway Station, ideal for downtown commuters or those working from home. Direct stair access to Bayview Village Shopping Centre, home to Loblaws, Pusateris, Starbucks, Shoppers LCBO, major banks, and a variety of restaurants. Surrounded by top-rated schools, parks, and green space (Bayview Village Park, Hawksbury Park, Rean Park). Close to Hwy 401/DVP, YMCA, and major hospitals. Well-managed building with low monthly fees and fantastic Concierge, Indoor Pool, Gym, Steam Room, Party Room, Theatre, Media Room, Guest Suites, Study,amenities:24/7 Billiards, Huge outdoor terrace with BBQs & seating, Ample visitor parking (surface & underground).

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13843678
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Sheppard/Bayview
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$514/mo
Exposure
South East
Property tax
$2,839 / 2026
Days on market
19
Listing brokerage
CENTURY 21 INNOVATIVE REALTY INC.

Rooms

Dining RoomFlat4.70 × 2.84 m

combined w/living · laminate

Living RoomFlat4.70 × 2.84 m

combined w/dining · laminate

BedroomFlat3.86 × 2.83 m

laminate · mirrored closet

DenFlat2.74 × 2.54 m

Laminate

KitchenFlat3.29 × 1.95 m

ceramic floor · granite counters · stainless steel appl

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 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.

What sellers nearby are askingCurrently listed nearby in Bayview Village · asking prices
$523kavg 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 $805/sqft; this home lists at $870/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
565kThis home533k529k529k516k509kThis home vs active comparables

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 Crestview Public School
69%
Crestview Public SchoolPublic · Elementary · 3.2 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
Hollywood Public School · Public elementary0.4 km · 96% at standard
Elkhorn Public School · Public elementary0.7 km · 85% at standard
Bayview Middle School · Public elementary0.9 km · 80% at standard
Avondale Alternative Elementary School · Public elementary1.4 km · 94% at standard
Avondale Public School · Public elementary1.4 km · 70% at standard
Harrison Public School · Public elementary1.5 km · 82% at standard
Earl Haig Secondary School · Public secondary1.5 km · 90% at standard
Dunlace Public School · Public elementary1.5 km · 69% at standard
Claude Watson School for the Arts · Public elementary1.7 km · 96% at standard
Cardinal Carter ES · Catholic elementary1.8 km
Cardinal Carter Academy for the Arts · Catholic secondary1.8 km · 92% at standard
St Andrew's Middle School · Public elementary1.8 km · 81% at standard

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

Affordability & Mortgage

Affordability
$2,575/mo
$119KIncome needed
4.8×Price ÷ income
$594Weekly cost
$15,546Land 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.

77%mortgage
Mortgage $2,575Property tax $237Condo fee $514Total carry $3,325

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)
$2,499per month

Mortgage amount $451,920 · 4.49% over 25 years

$112,980Down payment (20.0%)
$451,920Loan before insurance
$0CMHC premium
$3,249Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,499
Property tax
$237
Condo / maintenance fees
$514
Heating
$0
Estimated monthly cost
$3,249

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

One-time closing costs

Ontario land transfer tax
$7,773
Toronto municipal land transfer tax
$7,773
Estimated closing costs
$15,546

Plus your down payment of $112,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,024/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

$297,703Total interest paid
$749,623Total of all payments
Principal $451,920 Interest $297,703
YearPrincipalInterestBalance
1$10,085$19,900$441,835
2$10,543$19,442$431,292
3$11,022$18,963$420,271
4$11,522$18,463$408,749
5$12,045$17,940$396,704
6$12,592$17,393$384,112
7$13,164$16,821$370,948
8$13,761$16,224$357,187
9$14,386$15,599$342,800
10$15,039$14,946$327,761
11$15,722$14,263$312,039
12$16,436$13,549$295,603
13$17,182$12,803$278,420
14$17,963$12,022$260,458
15$18,778$11,207$241,680
16$19,631$10,354$222,049
17$20,522$9,463$201,527
18$21,454$8,531$180,073
19$22,428$7,557$157,645
20$23,446$6,539$134,199
21$24,511$5,474$109,689
22$25,624$4,361$84,065
23$26,787$3,198$57,278
24$28,003$1,982$29,275
25$29,275$710$0

At the end of your 5-year term

Total paid over the term
$149,925
Principal paid down
$55,216
Interest paid
$94,708
Balance remaining
$396,704

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$2,050/mo
$24,600Gross annual rent
2.2%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.

4.4%
Gross yield
− Property tax $2,839− Condo fees $6,166− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,289

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 INNOVATIVE REALTY INC.. MLS®/PropTx.

CallRequest a showing