2206-195 Bonis Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13082894

$479,000
For Sale
Listed 78 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Amazing Spacious Bright Luxury Joy Condo, The owner just renovated the whole unit which looks very amazing. This unit features breathtaking views, an open-concept layout with 9-foot ceilings, and a den that can be used as a second bedroom or office. Just steps to No Frills, Walmart, Shoppers, and public transit, with easy access to highways 401. Plus, enjoy top-tier amenities like a 24-hour concierge, indoor pool, BBQ and gym.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13082894
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Sheppard & Kennedy
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$521/mo
Exposure
East
Property tax
$2,187 / 2025
Days on market
78
Listing brokerage
REAL ONE REALTY INC.

Rooms

Dining RoomMain7.00 × 3.30 m

combined w/living · laminate · open concept

Primary BedroomMain2.73 × 3.49 m

closet · laminate · window

KitchenMain7.00 × 3.30 m

combined w/dining · laminate

Living RoomMain7.00 × 3.30 m

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

DenMain2.27 × 2.40 m

separate room · laminate

Moe’s TakeTeam Asgarian · Broker
Above comparables
$432Kest. value

Listed at $479,000, this home is about 11% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Tam O'Shanter-Sullivan lately, sellers have been getting about 97% of asking and homes sell in about 41 days.

Based on 63 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 63 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $451K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $470K
  • Adjusts to $470K

That comparable adjusts to $470K; the $432K estimate above is the median of all 63 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Stephen Leacock Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$404KGreat deal$479KOverpriced

Total price vs nearby homes. Fair value about $432K, median of 63 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$478kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1404-3220 Sheppard Avenue$499k1707-3220 Sheppard Avenue$499k325-3270 Sheppard Avenue$599k410-115 Bonis Avenue$305k522-3121 Sheppard Avenue$490k

The 5 closest of 8 active listings nearby.

See all comparable homes
479kThis home499k499k599k305k490kThis home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $499K
$737this home / sqft
21active listings nearby
78days on market
90sold nearby · 90 days
$491Kmedian sold price
97%of asking, on average

This home lists 10% above the area average of $671/sqft.

77 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Tam O'Shanter-Sullivan, 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.

Willowdale East
$634K
Church-Yonge Corridor
$561K
Moss Park
$519K
Bay Street Corridor
$471K
Waterfront Communities C8
$700K

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 Tam O'Shanter Junior Public School
56%
Tam O'Shanter Junior Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 56% meet the provincial standard
John Buchan Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,183/mo
$102KIncome needed
4.7×Price ÷ income
$504Weekly cost
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.

76%mortgage
Mortgage $2,183Property tax $182Condo fee $521Total carry $2,886

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,045per month

Mortgage amount $383,200 · 4.14% over 25 years

$95,800Down payment (20.0%)
$383,200Loan before insurance
$0CMHC premium
$2,748Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,045
Property tax
$182
Condo / maintenance fees
$521
Heating
$0
Estimated monthly cost
$2,748

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

One-time closing costs

Ontario land transfer tax
$6,055
Toronto municipal land transfer tax
$6,055
Estimated closing costs
$12,110

Plus your down payment of $95,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,484/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

$230,269Total interest paid
$613,469Total of all payments
Principal $383,200 Interest $230,269
YearPrincipalInterestBalance
1$8,977$15,562$374,223
2$9,353$15,186$364,870
3$9,744$14,795$355,127
4$10,151$14,387$344,975
5$10,576$13,963$334,399
6$11,018$13,520$323,381
7$11,479$13,060$311,902
8$11,959$12,579$299,943
9$12,460$12,079$287,483
10$12,981$11,558$274,502
11$13,524$11,015$260,978
12$14,089$10,449$246,889
13$14,679$9,860$232,210
14$15,293$9,246$216,918
15$15,932$8,606$200,985
16$16,599$7,940$184,386
17$17,293$7,246$167,093
18$18,016$6,522$149,077
19$18,770$5,769$130,307
20$19,555$4,984$110,752
21$20,373$4,166$90,378
22$21,225$3,313$69,153
23$22,113$2,426$47,040
24$23,038$1,501$24,002
25$24,002$537$0

At the end of your 5-year term

Total paid over the term
$122,694
Principal paid down
$48,801
Interest paid
$73,893
Balance remaining
$334,399

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
2.7%Est. cap rate

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.

5.1%
Gross yield
− Property tax $2,187− Condo fees $6,253− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,854

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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