1506-185 Bonis Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13581402

$500,000
For Sale
Listed 64 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Bright & Spacious Corner Unit with Sunny South-West Exposure.
  • Well-designed 2 Bedroom + Large Den, 2 Bathroom suite offering 836 Sq.
  • Open-concept living/dining area, granite countertops, laminate flooring throughout, ensuite laundry, and a spacious primary bedroom with a 4-piece ensuite.
  • Excellent location, minutes to Agincourt Mall, TTC, Agincourt GO Station, Hwy 401, schools, library, restaurants, parks and Tam O'Shanter Golf Course.
  • Exceptional amenities include an indoor pool, sauna, fitness centre, rooftop garden, party room, concierge, guest suites and visitor parking.

Bright & Spacious Corner Unit with Sunny South-West Exposure! Well-designed 2 Bedroom + Large Den, 2 Bathroom suite offering 836 Sq.Ft. plus a 34 Sq.Ft. balcony (870 Sq.Ft. total). Functional split-bedroom layout with a large den, perfect for a home office. Enjoy abundant natural sunlight and unobstructed south-west views. Open-concept living/dining area, granite countertops, laminate flooring throughout, ensuite laundry, and a spacious primary bedroom with a 4-piece ensuite. Excellent location, minutes to Agincourt Mall, TTC, Agincourt GO Station, Hwy 401, schools, library, restaurants, parks and Tam O'Shanter Golf Course. Exceptional amenities include an indoor pool, sauna, fitness centre, rooftop garden, party room, concierge, guest suites and visitor parking.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13581402
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Kennedy/Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$780/mo
Exposure
South West
Property tax
$3,039 / 2026
Days on market
64
Listing brokerage
REAL ONE REALTY INC.

Rooms

Dining RoomFlat6.98 × 3.21 m

laminate · combined w/living · open concept

Primary BedroomFlat3.51 × 3.02 m

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

Living RoomFlat6.98 × 3.21 m

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

Bedroom 2Flat2.69 × 2.65 m

laminate · double closet · west view

DenFlat2.03 × 1.82 m

Laminate

KitchenFlat5.62 × 2.24 m

laminate · granite counters · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$495Klikely closing

Listed at $500,000 with no offer date. Homes here have been closing close to ask, so my read is $495K, typically $478K to $497K. Comparable closings on their own put this home around $535K, which supports the ask, so this is a firm read.

List price
$478KBelow recent closings$500KAbove recent closings

Total price vs nearby homes. Likely closing about $495K, from 25 recent closings in this pocket.

The market behind the math:

25sold nearby · 90 days
$570Kmedian sold price
97%of asking, on average
+10%prices vs a year ago
~35 dayshomes like this take to sell
64days on market so far
$2,685/moest. rent · 27 leases
6.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.5 months of inventory: 29 condo apartment homes for sale in the area against 25 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $589/sqft against an area asking average of $700/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 25 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $500K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Based on 14 homes sold in this building over the past two years, from 147 closings in Tam O'Shanter-Sullivan.

What sellers nearby are askingCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$582kavg 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 $669/sqft; this home lists at $589/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
500kThis home550k597k598kThis home vs active comparables

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.

Henry Farm
$499K
Bayview Village
$440K
Willowdale East
$577K
Mount Pleasant West
$509K
Bay Street Corridor
$552K

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 · 0.4 km awayBelow the GTA average · 56% meet the provincial standard
John Buchan Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Inglewood Heights Junior Public School · Public elementary0.7 km · 72% at standard
Pauline Johnson Junior Public School · Public elementary0.9 km · 58% at standard
Agincourt Junior Public School · Public elementary1.0 km · 75% at standard
Lynngate Junior Public School · Public elementary1.2 km · 61% at standard
Agincourt Collegiate Institute · Public secondary1.2 km · 82% at standard
Highland Heights Junior Public School · Public elementary1.2 km · 60% at standard
Lynnwood Heights Junior Public School · Public elementary1.3 km · 84% at standard
Timberbank Junior Public School · Public elementary1.4 km · 71% at standard
Sir William Osler High School · Public secondary1.4 km
Glamorgan Junior Public School · Public elementary1.6 km · 63% at standard
Sir Alexander Mackenzie Senior Public School · Public elementary1.6 km
Vradenburg Junior Public School · Public elementary1.8 km · 75% at standard

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

Affordability & Mortgage

Affordability
$2,279/mo
$113KIncome needed
4.4×Price ÷ income
$526Weekly cost
$12,950Land 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.

69%mortgage
Mortgage $2,279Property tax $253Condo fee $780Total carry $3,312

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,189per month

Mortgage amount $400,000 · 4.39% over 25 years

$100,000Down payment (20.0%)
$400,000Loan before insurance
$0CMHC premium
$3,223Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,189
Property tax
$253
Condo / maintenance fees
$780
Heating
$0
Estimated monthly cost
$3,223

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

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,653/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

$256,849Total interest paid
$656,849Total of all payments
Principal $400,000 Interest $256,849
YearPrincipalInterestBalance
1$9,052$17,222$390,948
2$9,453$16,821$381,495
3$9,873$16,401$371,622
4$10,311$15,963$361,312
5$10,769$15,505$350,543
6$11,247$15,027$339,296
7$11,746$14,528$327,551
8$12,267$14,007$315,284
9$12,811$13,463$302,473
10$13,380$12,894$289,093
11$13,974$12,300$275,119
12$14,594$11,680$260,525
13$15,242$11,032$245,283
14$15,918$10,356$229,365
15$16,625$9,649$212,740
16$17,362$8,912$195,378
17$18,133$8,141$177,245
18$18,938$7,336$158,307
19$19,778$6,496$138,529
20$20,656$5,618$117,873
21$21,573$4,701$96,300
22$22,530$3,744$73,770
23$23,530$2,744$50,240
24$24,575$1,699$25,665
25$25,665$609$0

At the end of your 5-year term

Total paid over the term
$131,370
Principal paid down
$49,457
Interest paid
$81,913
Balance remaining
$350,543

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
From 27 whole-home leases in Tam O'Shanter-Sullivan$2,685/mo
$32,220Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,551 to $2,820Typical rent range
~22 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 27 whole-home leases in Tam O'Shanter-Sullivan signed at a median of $2,282 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,685. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.4%
Gross yield
− Property tax $3,039− Condo fees $9,355− Insurance $600− Vacancy & upkeep $3,544Net operating income $15,682

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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