216-115 Bonis Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13571156

$425,000
For Sale
Listed 1 day ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

***Public Open Saturday July 18th & Sunday July 19th From 2:00 To 3:00 PM.*** Located In Sought-After Agincourt, The Gardens At Sheppard Village Delivers Refined Senior Living Designed For Those Adults Aged 65 And Older Seeking Independence With Comfort. This Lifetime Lease Community Offers Luxury, Security, And Easy Access To Shops And Senior Amenities. The Bright And Spacious Marigold Suite Is 946 Square Feet, Featuring Many Kitchen Upgrades With Quartz Counter Tops, Backsplash, Appliance Cupboards And Pantry Drawers, Two Generous Bedrooms, Two Bathrooms With Grab Bars, Ensuite Laundry, Solarium, Underground Parking, And A Storage Locker. An Ideal Blend Of Space And Convenience In A Thoughtfully Planned Retirement Environment. Maintenance Fees Include Property Taxes. The Building Offers Extensive Amenities Including Main Floor Common Areas, A Full Party Room And Kitchen, Games, Exercise And Reading Rooms, Resident Lounges, Hobby/Workshop Space, Coin Laundry, And A Secure Entrance With 24 Hour On Site Security And CCTV. Additional Features Include A Guest Suite, Elevators, Underground Parking, Indoor Pool, Car Wash Bay, Bike/Scooter Storage, Resident Lockers, Garbage Chute, Recycling, Landscaped Grounds, And Full Wheelchair Accessibility With Wide Hallways. Services Offered At Shepherd Gardens: Housekeeping, Laundry, Meal Service At Courtyard Restaurant, Hairdressing/Barber Services & Spa, Pharmacy & Convenience Store, Social & Recreational Programs. Close To Shops, Transit, Toronto Public Library, 401 & Much More. Click On 4K Virtual Tour & Don't Miss Out On This Gem!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13571156
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Kennedy Rd and Sheppard Ave E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,085/mo
Exposure
North
Property tax
$1,085 / 2026
Days on market
1
Listing brokerage
LPT REALTY

Rooms

SolariumFlat2.70 × 1.30 m

tile floor · glass doors

Bedroom 2Flat2.70 × 2.40 m

laminate · closet

Dining RoomFlat4.80 × 3.30 m

combined w/living · laminate

Living RoomFlat4.80 × 3.30 m

combined w/dining · laminate

KitchenFlat3.00 × 2.40 m

tile floor · quartz counter · backsplash

Primary BedroomFlat5.00 × 2.80 m

laminate · 4 pc ensuite · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Below comparables
$614Kest. value

Listed at $425,000, this home is about 31% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $241K, 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 $698K
  • Adjusts to $698K

That comparable adjusts to $698K; the $614K estimate above is the median of all 13 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. Sheppard Ave East at Allanford Rd is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$425KGreat deal$698KOverpriced

Total price vs nearby homes. Fair value about $614K, median of 13 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$499kavg asking

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

408-115 Bonis Avenue$390k2010-185 Bonis Avenue$499k513-3220 Sheppard Avenue$539k1915-238 Bonis Avenue$519k1004-3260 Sheppard Avenue$549k

The 5 closest of 8 active listings nearby.

See all comparable homes
425kThis home390k499k539k519k549kThis home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $610K
$448this home / sqft
26active listings nearby
1days on market

This home lists 30% below the area average of $638/sqft.

0 days faster 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.

Getting around

81/ 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: Sheppard Ave East at Allanford Rd, about 260 m away

20+ transit stops3 grocery20+ dining12 parks15 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
$1.39M
Church-Yonge Corridor
$574K

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

Affordability & Mortgage

Affordability
$1,937/mo
$100KIncome needed
4.2×Price ÷ income
$447Weekly 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.

62%mortgage
Mortgage $1,937Property tax $90Condo fee $1,085Total carry $3,112

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)
$1,814per month

Mortgage amount $340,000 · 4.14% over 25 years

$85,000Down payment (20.0%)
$340,000Loan before insurance
$0CMHC premium
$2,990Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,814
Property tax
$90
Condo / maintenance fees
$1,085
Heating
$0
Estimated monthly cost
$2,990

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

One-time closing costs

Ontario land transfer tax
$4,975
Toronto municipal land transfer tax
$4,975
Estimated closing costs
$9,950

Plus your down payment of $85,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,204/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

$204,310Total interest paid
$544,310Total of all payments
Principal $340,000 Interest $204,310
YearPrincipalInterestBalance
1$7,965$13,807$332,035
2$8,298$13,474$323,737
3$8,645$13,127$315,091
4$9,007$12,765$306,085
5$9,384$12,389$296,701
6$9,776$11,996$286,925
7$10,185$11,587$276,740
8$10,611$11,161$266,129
9$11,055$10,717$255,074
10$11,517$10,255$243,556
11$11,999$9,773$231,557
12$12,501$9,271$219,056
13$13,024$8,748$206,032
14$13,569$8,204$192,463
15$14,136$7,636$178,327
16$14,728$7,045$163,600
17$15,344$6,429$148,256
18$15,985$5,787$132,271
19$16,654$5,118$115,617
20$17,351$4,422$98,266
21$18,076$3,696$80,190
22$18,833$2,940$61,357
23$19,620$2,152$41,737
24$20,441$1,331$21,296
25$21,296$476$0

At the end of your 5-year term

Total paid over the term
$108,862
Principal paid down
$43,299
Interest paid
$65,563
Balance remaining
$296,701

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
4.2%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.

8.6%
Gross yield
− Property tax $1,085− Condo fees $13,015− Insurance $600− Vacancy & upkeep $4,026Net operating income $17,875

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

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