2309-3 Rean Drive, Toronto, ON

Bayview Village, Toronto · MLS® C14093518

$539,000
For Sale
Just listed todayNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to the Prestigious NY Towers - The Chrysler, Ideally Located in the Heart of Bayview and Sheppard.
  • This Bright and Spacious High-Floor Suite Offers 797 Sq.
  • The Open-Concept Kitchen Overlooks the Living and Dining Area, While Abundant Natural Light Creates a Bright and Inviting Atmosphere Throughout.
  • The Primary Bedroom with 3-pcs ensuite bathroom and a Walkout to a Unique Solarium, Available Only on This Floor and Above.
  • Includes One Parking Space and a Standard-Sized Locker, Both Conveniently Located on P2 Near the Elevator.

Welcome to the Prestigious NY Towers - The Chrysler, Ideally Located in the Heart of Bayview and Sheppard! This Bright and Spacious High-Floor Suite Offers 797 Sq. Ft. of Functional Living Space, Featuring 1 Bedroom Plus Den, 2 Bathrooms, and Breathtaking Unobstructed Views. The Open-Concept Kitchen Overlooks the Living and Dining Area, While Abundant Natural Light Creates a Bright and Inviting Atmosphere Throughout. The Primary Bedroom with 3-pcs ensuite bathroom and a Walkout to a Unique Solarium, Available Only on This Floor and Above. The Den, with French Door Can Serve as a Second Bedroom or Home Office, Offering the Functionality of a 2-Bedroom Suite. Includes One Parking Space and a Standard-Sized Locker, Both Conveniently Located on P2 Near the Elevator. Easy access to TTC Subway,and Public Transit, Shopping at Bayview Village, Restaurants,Coffees shops and Everyday Amenities, With Easy Access to Major Highways. An Exceptional Opportunity for First-Time Buyers or Those Looking to Downsize Without Compromising on Space, Comfort, or Convenience. Don't Miss It!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14093518
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Bayview And Sheppard
Parking
1 garage (underground)
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$828/mo
Exposure
South
Property tax
$2,770 / 2026
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

SolariumGround2.74 × 2.92 m

large window · laminate

Primary BedroomGround3.73 × 2.92 m

4 pc ensuite · w/o to sunroom

KitchenGround3.51 × 2.33 m

tile floor · backsplash · granite counters

Living RoomGround6.38 × 2.92 m

combined w/dining · laminate

DenGround2.36 × 3.20 m

French Doors

Dining RoomGround6.38 × 2.92 m

combined w/living · laminate

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
$571kavg 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 $784/sqft; this home lists at $719/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
539kThis home529k540k588k599k599kThis 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
Elkhorn Public School · Public elementary0.7 km · 85% at standard
Hollywood Public School · Public elementary0.9 km · 96% at standard
Harrison Public School · Public elementary1.0 km · 82% at standard
Dunlace Public School · Public elementary1.0 km · 69% at standard
Bayview Middle School · Public elementary1.2 km · 80% at standard
Windfields Middle School · Public elementary1.4 km · 91% at standard
Avondale Alternative Elementary School · Public elementary1.5 km · 94% at standard
Avondale Public School · Public elementary1.5 km · 70% at standard
St Andrew's Middle School · Public elementary1.6 km · 81% at standard
York Mills Collegiate Institute · Public secondary1.7 km · 88% at standard
Earl Haig Secondary School · Public secondary1.9 km · 90% at standard
Owen Public School · Public elementary2.0 km · 59% at standard

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

Affordability & Mortgage

Affordability
$2,457/mo
$120KIncome needed
4.5×Price ÷ income
$567Weekly cost
$14,510Land 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.

70%mortgage
Mortgage $2,457Property tax $231Condo fee $828Total carry $3,515

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)
$2,384per month

Mortgage amount $431,200 · 4.49% over 25 years

$107,800Down payment (20.0%)
$431,200Loan before insurance
$0CMHC premium
$3,443Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,384
Property tax
$231
Condo / maintenance fees
$828
Heating
$0
Estimated monthly cost
$3,443

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

One-time closing costs

Ontario land transfer tax
$7,255
Toronto municipal land transfer tax
$7,255
Estimated closing costs
$14,510

Plus your down payment of $107,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,886/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

$284,054Total interest paid
$715,254Total of all payments
Principal $431,200 Interest $284,054
YearPrincipalInterestBalance
1$9,623$18,988$421,577
2$10,059$18,551$411,518
3$10,516$18,094$401,002
4$10,994$17,616$390,008
5$11,493$17,117$378,515
6$12,015$16,596$366,501
7$12,560$16,050$353,941
8$13,130$15,480$340,810
9$13,727$14,884$327,083
10$14,350$14,260$312,734
11$15,001$13,609$297,732
12$15,683$12,928$282,050
13$16,395$12,216$265,655
14$17,139$11,471$248,516
15$17,917$10,693$230,599
16$18,731$9,880$211,868
17$19,581$9,029$192,287
18$20,470$8,140$171,817
19$21,400$7,211$150,418
20$22,371$6,239$128,046
21$23,387$5,223$104,660
22$24,449$4,161$80,211
23$25,559$3,051$54,652
24$26,719$1,891$27,933
25$27,933$678$0

At the end of your 5-year term

Total paid over the term
$143,051
Principal paid down
$52,685
Interest paid
$90,366
Balance remaining
$378,515

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
2.3%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.

5.3%
Gross yield
− Property tax $2,770− Condo fees $9,936− Insurance $600− Vacancy & upkeep $3,168Net operating income $12,326

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

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