1612-228 Bonis Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13553776

$688,000
For Sale
Listed 6 days ago
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Completely reimagined and extensively renovated, this elegant 2-bedroom plus den, 2-bath suite offers approx. 1,300 sq. ft. with a rare designer feel. Thoughtfully planned for comfort, function and entertaining, it blends refined wall details, upgraded lighting, French doors, built-in storage and Parisian-inspired style throughout. The renovated kitchen is the showpiece: glossy white cabinetry, quartz counters, stainless steel appliances, marble backsplash, gold fixtures and hardware, wine rack, deep pantry storage and concealed appliance stations with integrated outlets. The den offers a polished built-in-style workstation with cabinetry, perfect for work-from-home, hobbies or elegant organization. The spacious primary bedroom features both a mirrored sliding closet and walk-in closet, while the second bedroom offers excellent proportions, natural light and storage. Renovated bathrooms continue the elevated feel with quartz counters, marble finishes, gold fixtures and spa-inspired details. Parking is exceptionally convenient, with extra loading/unloading space, and the locker is directly across from the parking space. Enjoy a Very Walkable location with Walk Score 86, TTC access, nearby Agincourt GO, shopping, parks, services and quick access to Hwy 401. In-suite laundry and immediate possession available.

Key facts

Property type
Condo Apartment, Multi-Level
MLS®
E13553776
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Kennedy Rd. & Sheppard Ave
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$705/mo
Exposure
North
Property tax
$2,962 / 2026
Days on market
6
Listing brokerage
RIGHT AT HOME REALTY

Rooms

LaundryFlat3.41 × 2.47 m

porcelain floor · ceiling fan(s) · mirrored closet

Living RoomFlat3.27 × 7.28 m

laminate · french doors

Dining RoomFlat3.49 × 3.76 m

Laminate

DenFlat3.27 × 2.39 m

French Doors

Bedroom 2Flat2.91 × 4.56 m

laminate · closet organizers

KitchenFlat3.81 × 3.76 m

quartz counter · tumbled marble · porcelain floor

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$865Kest. value

Listed at $688,000, this home is tracking about 20% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 37 similar homes nearby, adjusted for size, beds, and baths.Median of 37 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $640K, lower than the comparables and worth a second look.

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, listed at $690K
  • Bedrooms +$30K
  • Adjusts to $720K

That comparable adjusts to $720K; the $865K estimate above is the median of all 37 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

On location, this is a very walkable address with everyday errands close by. Opposite 2423 Kennedy Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$688KGreat deal$956KOverpriced

Total price vs nearby homes. Fair value about $865K, median of 37 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
Comparable listingsCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$660kavg asking

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

2009(PH9)-185 Bonis Avenue$700k712-3429 Sheppard Avenue$718k#710-3121 Sheppard Avenue$625k520-3220 Sheppard Avenue$659k607-168 Bonis Avenue$599k

The 5 closest of 8 active listings nearby.

See all comparable homes
688kThis home700k718k625k659k599kThis home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $559K
$529this home / sqft
38active listings nearby
6days on market

This home lists 21% below the area average of $667/sqft.

On the market now.

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.

Getting around

80/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Opposite 2423 Kennedy Rd, about 122 m away

20+ transit stops3 grocery20+ dining10 parks12 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Banbury-Don Mills
$500K
Willowdale East
$441K
Willowdale West
$770K
Annex
$1.57M
Church-Yonge Corridor
$577K

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 · 0.6 km awayBelow the GTA average · 56% meet the provincial standard
John Buchan Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,136/mo
$144KIncome needed
4.8×Price ÷ income
$724Weekly 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.

77%mortgage
Mortgage $3,136Property tax $247Condo fee $705Total carry $4,088

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,937per month

Mortgage amount $550,400 · 4.14% over 25 years

$137,600Down payment (20.0%)
$550,400Loan before insurance
$0CMHC premium
$3,889Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,937
Property tax
$247
Condo / maintenance fees
$705
Heating
$0
Estimated monthly cost
$3,889

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

One-time closing costs

Ontario land transfer tax
$10,235
Toronto municipal land transfer tax
$10,235
Estimated closing costs
$20,470

Plus your down payment of $137,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,567/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

$330,742Total interest paid
$881,142Total of all payments
Principal $550,400 Interest $330,742
YearPrincipalInterestBalance
1$12,894$22,352$537,506
2$13,433$21,812$524,073
3$13,995$21,250$510,078
4$14,581$20,665$495,497
5$15,190$20,055$480,306
6$15,826$19,420$464,481
7$16,488$18,758$447,993
8$17,178$18,068$430,815
9$17,896$17,350$412,919
10$18,645$16,601$394,275
11$19,424$15,821$374,850
12$20,237$15,009$354,613
13$21,083$14,162$333,530
14$21,965$13,280$311,564
15$22,884$12,362$288,680
16$23,841$11,404$264,839
17$24,839$10,407$240,000
18$25,878$9,368$214,123
19$26,960$8,286$187,163
20$28,088$7,158$159,075
21$29,262$5,983$129,813
22$30,486$4,759$99,326
23$31,762$3,484$67,565
24$33,090$2,155$34,474
25$34,474$771$0

At the end of your 5-year term

Total paid over the term
$176,228
Principal paid down
$70,094
Interest paid
$106,135
Balance remaining
$480,306

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$4,100/mo
$49,200Gross annual rent
4.6%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.

7.2%
Gross yield
− Property tax $2,962− Condo fees $8,463− Insurance $600− Vacancy & upkeep $5,412Net operating income $31,763

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

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