1518-2885 Bayview Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C14032870

$519,900
For Sale
Listed 5 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Expansive Southeast Views in the Heart of Bayview Village.
  • Ideally situated in the highly desirable Bayview Village community, just steps from Bayview Village Shopping Centre, the subway, restaurants, parks, and everyday...

Expansive Southeast Views in the Heart of Bayview Village! Welcome to Suite 1518 at 2885 Bayview Avenue, offering over 700 sq. ft. of thoughtfully designed living space complemented by spectacular, unobstructed southeast-facing views. An abundance of natural light fills the suite, creating a bright and inviting atmosphere throughout. Step outside to your private outdoor patio, the perfect setting for morning coffee, evening relaxation, or simply taking in the sweeping city skyline. With comforable interior proportions and a seamless connection to the outdoors, this residence offers an exceptional balance of comfort and convenience. Ideally situated in the highly desirable Bayview Village community, just steps from Bayview Village Shopping Centre, the subway, restaurants, parks, and everyday amenities, with convenient access to Highway 401. An outstanding opportunity to enjoy elevated urban living in one of North York's most sought-after neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14032870
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Bayview Ave & Sheppard Ave E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$607/mo
Exposure
East
Property tax
$3,152 / 2025
Days on market
5
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Living RoomMain3.53 × 3.82 m
Dining RoomMain3.53 × 1.87 m
KitchenMain2.62 × 3.82 m
BedroomMain2.65 × 3.19 m
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
$504kavg 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 $736/sqft; this home lists at $694/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
520kThis home490k475k516k529k509kThis 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.

Annex
$1.03M
North St. James Town
$649K
Kensington-Chinatown
$585K
Moss Park
$549K
Church-Yonge Corridor
$580K

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
$2,370/mo
$114KIncome needed
4.6×Price ÷ income
$547Weekly cost
$13,746Land 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 $2,370Property tax $263Condo fee $607Total carry $3,239

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)
$2,300per month

Mortgage amount $415,920 · 4.49% over 25 years

$103,980Down payment (20.0%)
$415,920Loan before insurance
$0CMHC premium
$3,169Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,300
Property tax
$263
Condo / maintenance fees
$607
Heating
$0
Estimated monthly cost
$3,169

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

One-time closing costs

Ontario land transfer tax
$6,873
Toronto municipal land transfer tax
$6,873
Estimated closing costs
$13,746

Plus your down payment of $103,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,783/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

$273,988Total interest paid
$689,908Total of all payments
Principal $415,920 Interest $273,988
YearPrincipalInterestBalance
1$9,282$18,315$406,638
2$9,703$17,893$396,935
3$10,144$17,453$386,792
4$10,604$16,992$376,188
5$11,086$16,511$365,102
6$11,589$16,007$353,513
7$12,115$15,481$341,398
8$12,665$14,931$328,733
9$13,240$14,356$315,493
10$13,841$13,755$301,652
11$14,470$13,127$287,182
12$15,127$12,470$272,055
13$15,814$11,783$256,241
14$16,532$11,065$239,710
15$17,282$10,314$222,428
16$18,067$9,529$204,361
17$18,887$8,709$185,473
18$19,745$7,852$165,729
19$20,641$6,955$145,087
20$21,578$6,018$123,509
21$22,558$5,038$100,951
22$23,582$4,014$77,368
23$24,653$2,943$52,715
24$25,773$1,824$26,943
25$26,943$654$0

At the end of your 5-year term

Total paid over the term
$137,982
Principal paid down
$50,818
Interest paid
$87,164
Balance remaining
$365,102

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$2,400/mo
$28,800Gross annual rent
2.8%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.

5.5%
Gross yield
− Property tax $3,152− Condo fees $7,284− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,596

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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