510-115 Bonis Avenue, Toronto, ON
Tam O'Shanter-Sullivan, Toronto · MLS® E13777566
About this home
In short
- Embrace comfortable and carefree senior living in this bright 679 sq ft Dahlia Model life lease suite (65+).
- Thoughtfully designed, the suite features a spacious bedroom, a full 4-piece bath, and a convenient in-suite storage and laundry room with a stackable washer and dryer.
- Residents of Sheppard Village enjoy an exceptional lifestyle with a wide range of amenities, including a library, indoor saltwater pool (monthly fee), meeting and...
- Ideally located close to shopping, the public library, transit, and with quick access to Hwy 401, everything you need is within easy reach.
- Residency is 65+ and owner-occupied, offering a welcoming and secure community.
Embrace comfortable and carefree senior living in this bright 679 sq ft Dahlia Model life lease suite (65+). Thoughtfully designed, the suite features a spacious bedroom, a full 4-piece bath, and a convenient in-suite storage and laundry room with a stackable washer and dryer. Relax year round in the enclosed sunroom, filled with natural light. The suite also includes one underground parking space and a storage locker for added convenience. Residents of Sheppard Village enjoy an exceptional lifestyle with a wide range of amenities, including a library, indoor saltwater pool (monthly fee), meeting and recreation rooms, and access to a cafe offering a weekly menu. A vibrant community atmosphere is supported through organized day trips, social gatherings, and worship services, all thoughtfully tailored for seniors. Ideally located close to shopping, the public library, transit, and with quick access to Hwy 401, everything you need is within easy reach. Residency is 65+ and owner-occupied, offering a welcoming and secure community. For larger loads, a pay per use washer and dryer is conveniently located just across the hallway. Note: monthly maintenance fee includes taxes.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13777566
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Kennedy/Sheppard
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $811/mo
- Exposure
- West
- Days on market
- 7
- Listing brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Rooms
closet · window
combined w/sunroom · combined w/dining
combined w/living · window
Eat-in Kitchen
Listed at $299,000 with no offer date. Homes here have been closing close to ask, so my read is $296K, typically $286K to $297K. Comparable closings on their own put this home around $280K, which supports the ask, so this is a firm read.
One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.
Total price vs nearby homes. Likely closing about $296K, from 25 recent closings in this pocket.
The market behind the math:
About 2.4 months of inventory: 20 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.
Price per square foot: this home lists at $460/sqft against an area asking average of $720/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 25 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights2 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
- 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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($460/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 8 homes sold in this building over the past two years, from 147 closings in Tam O'Shanter-Sullivan.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $606/sqft; this home lists at $460/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Tam O'Shanter-Sullivan, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.
Mortgage amount $239,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,309
- Property tax
- $187
- Condo / maintenance fees
- $811
- Heating
- $0
- Estimated monthly cost
- $2,307
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $2,960
- Toronto municipal land transfer tax
- $2,960
- Estimated closing costs
- $5,920
Plus your down payment of $59,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $78,559
- Principal paid down
- $29,575
- Interest paid
- $48,984
- Balance remaining
- $209,625
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 420 whole-home leases in Tam O'Shanter-Sullivan signed at a median of $2,232 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,110. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.