2608-121 Mcmahon Drive, Toronto, ON

Bayview Village, Toronto · MLS® C13883142

$650,000
For Sale
Listed 10 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Beautiful Southeast-Facing Corner Suite With Unobstructed Panoramic Views.
  • Enjoy Approximately 928 Sq.
  • Of Bright, Well-Designed Interior Living Space Plus An Impressive 133 Sq.
  • This Spacious 2-Bedroom Corner Suite Features An Inviting Open-Concept Living And Dining Area, 9-Ft.
  • Ideally Located Close To Subway And GO Transit, Toronto Public Library, North York General Hospital, IKEA, Hwy 401, Hwy 404 And The DVP, Making Commuting And Everyday...

Beautiful Southeast-Facing Corner Suite With Unobstructed Panoramic Views! Enjoy Approximately 928 Sq.Ft. Of Bright, Well-Designed Interior Living Space Plus An Impressive 133 Sq.Ft. Private Balcony. This Spacious 2-Bedroom Corner Suite Features An Inviting Open-Concept Living And Dining Area, 9-Ft. Floor-To-Ceiling Windows, A Modern Kitchen, And Generous Ensuite Storage. Step Outside To The Expansive Balcony To Enjoy Your Morning Coffee, Unwind After A Long Day, Or Simply Take In The Breathtaking Views. One Owned Parking Space Included.Enjoy Resort-Style Building Amenities Including 24-Hour Concierge, Fully Equipped Fitness Centre, Steam Room, Sauna, Outdoor Hot Tubs And Jacuzzi. A Private Shuttle Bus Provides Added Convenience For Residents. Ideally Located Close To Subway And GO Transit, Toronto Public Library, North York General Hospital, IKEA, Hwy 401, Hwy 404 And The DVP, Making Commuting And Everyday Living A Breeze.An Excellent Opportunity For First-Time Buyers And Investors Alike, Offering A Spacious 2-Bedroom Layout, Owned Parking, Excellent Transit Access And A Full Range Of Building Amenities. A Rare Corner Suite That Truly Combines Space, Privacy, Outdoor Living And Convenience - A Wonderful Place To Call Home.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13883142
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Leslie & Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$835/mo
Exposure
South East
Property tax
$3,315 / 2026
Days on market
10
Listing brokerage
DREAM HOME REALTY INC.

Rooms

Bedroom 2Main3.00 × 2.90 m

broadloom · south view · closet

Primary BedroomMain3.66 × 4.00 m

broadloom · his and hers closets · w/o to balcony

Living RoomMain5.64 × 3.84 m

laminate · w/o to balcony · se view

Dining RoomMain5.64 × 3.84 m

laminate · combined w/living · south view

KitchenMain3.43 × 2.27 m

laminate · open concept · granite counters

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
$627kavg 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 $706/sqft; this home lists at $685/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
650kThis home685k658k598k600k595kThis 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.

Dovercourt-Wallace Emerson-Junction
$640K
Kensington-Chinatown
$585K
Moss Park
$549K
Church-Yonge Corridor
$876K
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 · 2.5 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
Dunlace Public School · Public elementary0.6 km · 69% at standard
Elkhorn Public School · Public elementary0.8 km · 85% at standard
Harrison Public School · Public elementary1.2 km · 82% at standard
Windfields Middle School · Public elementary1.3 km · 91% at standard
Bayview Middle School · Public elementary1.5 km · 80% at standard
Shaughnessy Public School · Public elementary1.6 km · 68% at standard
Hollywood Public School · Public elementary1.7 km · 96% at standard
Dallington Public School · Public elementary1.7 km · 44% at standard
York Mills Collegiate Institute · Public secondary1.8 km · 88% at standard
St Timothy Catholic School · Catholic elementary1.8 km · 80% at standard
Lescon Public School · Public elementary1.8 km · 44% at standard
Divine Mercy Catholic School · Catholic elementary2.2 km · 61% at standard

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

Affordability & Mortgage

Affordability
$2,962/mo
$141KIncome needed
4.6×Price ÷ income
$684Weekly cost
$18,950Land 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 $2,962Property tax $276Condo fee $835Total carry $4,073

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)
$2,875per month

Mortgage amount $520,000 · 4.49% over 25 years

$130,000Down payment (20.0%)
$520,000Loan before insurance
$0CMHC premium
$3,986Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,875
Property tax
$276
Condo / maintenance fees
$835
Heating
$0
Estimated monthly cost
$3,986

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

One-time closing costs

Ontario land transfer tax
$9,475
Toronto municipal land transfer tax
$9,475
Estimated closing costs
$18,950

Plus your down payment of $130,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,480/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

$342,551Total interest paid
$862,551Total of all payments
Principal $520,000 Interest $342,551
YearPrincipalInterestBalance
1$11,604$22,898$508,396
2$12,131$22,371$496,265
3$12,682$21,820$483,583
4$13,258$21,244$470,325
5$13,860$20,642$456,466
6$14,489$20,013$441,977
7$15,147$19,355$426,830
8$15,834$18,668$410,995
9$16,553$17,949$394,442
10$17,305$17,197$377,137
11$18,091$16,411$359,046
12$18,912$15,590$340,134
13$19,771$14,731$320,363
14$20,668$13,834$299,695
15$21,607$12,895$278,088
16$22,588$11,914$255,500
17$23,614$10,888$231,886
18$24,686$9,816$207,201
19$25,807$8,696$181,394
20$26,978$7,524$154,416
21$28,203$6,299$126,213
22$29,484$5,018$96,729
23$30,822$3,680$65,907
24$32,222$2,280$33,685
25$33,685$817$0

At the end of your 5-year term

Total paid over the term
$172,510
Principal paid down
$63,534
Interest paid
$108,976
Balance remaining
$456,466

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$3,050/mo
$36,600Gross annual rent
2.9%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.

5.6%
Gross yield
− Property tax $3,315− Condo fees $10,014− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,645

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

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