308-591 Sheppard Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13879766

$509,000
For Sale
Listed 9 days agoNo offer date stated

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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Luxury 1+Den suite at The Village Residences at Bayview & Sheppard, featuring a functional, spacious layout and an oversized den ideal for a home office, personal...
  • Enjoy 9' ceilings, a large balcony, laminate flooring throughout, and a modern kitchen with quartz countertops, upgraded stainless steel appliances, roller shade, and...
  • Ideally located directly across from Bayview Village Shopping Centre, just minutes to the subway and Highway 401.
  • Building amenities include 24-hour concierge, visitor parking, a fitness centre, party room, and well-maintained common areas.

Luxury 1+Den suite at The Village Residences at Bayview & Sheppard, featuring a functional, spacious layout and an oversized den ideal for a home office, personal gym, guest space, or additional living area. Enjoy 9' ceilings, a large balcony, laminate flooring throughout, and a modern kitchen with quartz countertops, upgraded stainless steel appliances, roller shade, and extended cabinetry. Ideally located directly across from Bayview Village Shopping Centre, just minutes to the subway and Highway 401. Close to Loblaws, Canadian Tire, IKEA, cafes, restaurants, parks, YMCA and more. Building amenities include 24-hour concierge, visitor parking, a fitness centre, party room, and well-maintained common areas. An excellent opportunity to enjoy stylish, convenient living in one of North York's most desirable neighborhoods!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13879766
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Across from Bayview Village Shopping Centre
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$592/mo
Exposure
South
Property tax
$2,948 / 2025
Days on market
9
Listing brokerage
REAL ONE REALTY INC.

Rooms

DenFlat1.92 × 2.13 m

laminate · separate room · open concept

KitchenFlat6.74 × 3.05 m

stainless steel appl · quartz counter · backsplash

Living RoomFlat6.74 × 3.05 m

laminate · w/o to balcony · combined w/dining

Primary BedroomFlat3.05 × 3.96 m

laminate · walk-in closet(s) · 4 pc ensuite

Dining RoomFlat6.74 × 3.05 m

laminate · combined w/living · combined w/kitchen

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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.

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.

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 · 3.1 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 elementary0.6 km · 85% at standard
Hollywood Public School · Public elementary0.7 km · 96% at standard
Bayview Middle School · Public elementary1.0 km · 80% at standard
Dunlace Public School · Public elementary1.2 km · 69% at standard
Harrison Public School · Public elementary1.2 km · 82% at standard
Avondale Alternative Elementary School · Public elementary1.5 km · 94% at standard
Avondale Public School · Public elementary1.5 km · 70% at standard
Windfields Middle School · Public elementary1.6 km · 91% at standard
St Andrew's Middle School · Public elementary1.8 km · 81% at standard
Earl Haig Secondary School · Public secondary1.8 km · 90% at standard
York Mills Collegiate Institute · Public secondary1.9 km · 88% at standard
Claude Watson School for the Arts · Public elementary2.0 km · 96% at standard

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

Affordability & Mortgage

Affordability
$2,320/mo
$111KIncome needed
4.6×Price ÷ income
$535Weekly cost
$13,310Land 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.

73%mortgage
Mortgage $2,320Property tax $246Condo fee $592Total carry $3,157

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)
$2,251per month

Mortgage amount $407,200 · 4.49% over 25 years

$101,800Down payment (20.0%)
$407,200Loan before insurance
$0CMHC premium
$3,089Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,251
Property tax
$246
Condo / maintenance fees
$592
Heating
$0
Estimated monthly cost
$3,089

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

One-time closing costs

Ontario land transfer tax
$6,655
Toronto municipal land transfer tax
$6,655
Estimated closing costs
$13,310

Plus your down payment of $101,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,725/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

$268,244Total interest paid
$675,444Total of all payments
Principal $407,200 Interest $268,244
YearPrincipalInterestBalance
1$9,087$17,931$398,113
2$9,500$17,518$388,613
3$9,931$17,087$378,683
4$10,382$16,636$368,301
5$10,853$16,165$357,448
6$11,346$15,672$346,102
7$11,861$15,157$334,241
8$12,400$14,618$321,841
9$12,963$14,055$308,878
10$13,551$13,467$295,327
11$14,166$12,851$281,161
12$14,810$12,208$266,351
13$15,482$11,536$250,869
14$16,185$10,833$234,684
15$16,920$10,098$217,764
16$17,688$9,330$200,076
17$18,491$8,527$181,585
18$19,331$7,687$162,254
19$20,208$6,809$142,046
20$21,126$5,892$120,920
21$22,085$4,932$98,834
22$23,088$3,930$75,746
23$24,136$2,881$51,610
24$25,232$1,786$26,378
25$26,378$640$0

At the end of your 5-year term

Total paid over the term
$135,089
Principal paid down
$49,752
Interest paid
$85,336
Balance remaining
$357,448

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.

4.8%
Gross yield
− Property tax $2,948− Condo fees $7,103− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,243

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

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