2705-228 Bonis Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13848848

$685,000
For Sale
Listed 14 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
1400-1599Sq ft

About this home

In short

  • The Highlands at Tam-O'Shanter.
  • Separate step-in shower in primary ensuite.
  • 1 parking space on level P1, 188 near the elevator and 1 locker #234.
  • Top-notch amenities for the residents to enjoy, with an indoor pool, gym, party room/meeting room, ample visitor parking indoor and outdoor.
  • Close to transit, shops and restaurants.

Luxurious Tridel Built. The Highlands at Tam-O'Shanter. Unobstructed panoramic south and east views from this 3-bedroom, 2-bath corner suite, overlooking the city and the golf course. An abundance of natural light. First time offered by its owner. Approximately 1,568 sq ft as per floor plans. Newly laid vinyl flooring in the 3 bedrooms, the living and dining rooms, no broadloom in the suite. Marble floor at the entryway. Separate step-in shower in primary ensuite. Huge living space and very comfortable primary bedroom. Well balanced and proportioned. 1 parking space on level P1, 188 near the elevator and 1 locker #234. Top-notch amenities for the residents to enjoy, with an indoor pool, gym, party room/meeting room, ample visitor parking indoor and outdoor. 24/7 gatehouse security. Golf course adjacent to the building, cannot be more convenient. Close to transit, shops and restaurants. Steps to the GO Train station. Easy access to the highway.|

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
E13848848
Bedrooms
3
Bathrooms
2
Size
1400-1599 sq ft
Cross streets
Kennedy & Sheppard Avenue
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$824/mo
Exposure
South East
Property tax
$3,422 / 2026
Days on market
14
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

LaundryGround2.31 × 1.75 m
KitchenGround6.17 × 2.57 m

eat-in kitchen · tile floor · french doors

Dining RoomGround3.61 × 2.87 m

east view · open concept · laminate

Bedroom 3Ground3.38 × 3.20 m

bay window · double closet · laminate

Foyer3.15 × 1.60 m

Marble Floor

Bedroom 2Ground3.68 × 3.05 m

double closet · laminate · east view

Primary BedroomGround4.95 × 3.25 m

4 pc bath · double closet · south view

Living RoomGround7.87 × 3.33 m

laminate · se view · bay window

Our TakeTeam Asgarian · Broker
A small discount is typical
$668Klikely sale price

Listed at $685,000. Going by how homes in Tam O'Shanter-Sullivan and the wider GTA have actually closed against their asking prices (about 98%, 22 local closings in 90 days), the likely sale price is near $668K, if it sells. A realistic range is $629K to $722K.

Independent value check: $641K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $597K and $674K).

Why $641K. The typical condo sold in Tam O'Shanter-Sullivan over the past year went for about $520K (75 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 1,400 to 1,599 sq ft; the typical home sold here is 900 to 999.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,422 a year; the typical home sold here pays about $2,600.
List price
$629KBelow recent closings$722KAbove recent closings

Total price vs nearby homes. Likely closing about $668K, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$606Kmedian sold price
96%of asking, on average
+18%prices vs a year ago
~36 dayshomes like this take to sell
14days on market so far
$3,286/moest. rent · 5 leases
5.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 28 condo apartment homes for sale in the area against 22 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 $457/sqft against an area asking average of $715/sqft.

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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $639K. 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
  • Elevator: rare and valuable for accessibility and resale. 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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($457/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Tam O'Shanter-Sullivan, so I widened the search to the surrounding area.

Based on 13 homes sold in this building over the past two years, from 146 closings in Tam O'Shanter-Sullivan.

What sellers nearby are askingCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$675kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $641K, which is where my estimate comes from.

Per square foot, these ask about $523/sqft; this home lists at $457/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
685kThis home728k699k599kThis home vs active comparables

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,798 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K879

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.

Banbury-Don Mills
$778K
Birchcliffe-Cliffside
$575K
Church-Yonge Corridor
$586K
Moss Park
$507K
Bay Street Corridor
$686K

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
Also nearby: 12 more schools within 2.5 km
Inglewood Heights Junior Public School · Public elementary0.8 km · 72% at standard
Agincourt Junior Public School · Public elementary0.8 km · 75% at standard
Agincourt Collegiate Institute · Public secondary1.0 km · 82% at standard
Pauline Johnson Junior Public School · Public elementary1.0 km · 58% at standard
Lynnwood Heights Junior Public School · Public elementary1.1 km · 84% at standard
Highland Heights Junior Public School · Public elementary1.1 km · 60% at standard
Sir William Osler High School · Public secondary1.2 km
Lynngate Junior Public School · Public elementary1.4 km · 61% at standard
Timberbank Junior Public School · Public elementary1.4 km · 71% at standard
Sir Alexander Mackenzie Senior Public School · Public elementary1.5 km
St Bartholomew Catholic School · Catholic elementary1.6 km
North Agincourt Junior Public School · Public elementary1.6 km · 74% at standard

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

Affordability & Mortgage

Affordability
$3,122/mo
$147KIncome needed
4.7×Price ÷ income
$720Weekly cost
$20,350Land 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.

74%mortgage
Mortgage $3,122Property tax $285Condo fee $824Total carry $4,231

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,030per month

Mortgage amount $548,000 · 4.49% over 25 years

$137,000Down payment (20.0%)
$548,000Loan before insurance
$0CMHC premium
$4,139Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,030
Property tax
$285
Condo / maintenance fees
$824
Heating
$0
Estimated monthly cost
$4,139

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

One-time closing costs

Ontario land transfer tax
$10,175
Toronto municipal land transfer tax
$10,175
Estimated closing costs
$20,350

Plus your down payment of $137,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,667/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

$360,996Total interest paid
$908,996Total of all payments
Principal $548,000 Interest $360,996
YearPrincipalInterestBalance
1$12,229$24,131$535,771
2$12,784$23,576$522,987
3$13,365$22,995$509,622
4$13,972$22,388$495,650
5$14,606$21,754$481,045
6$15,269$21,091$465,775
7$15,962$20,397$449,813
8$16,687$19,673$433,126
9$17,445$18,915$415,681
10$18,237$18,123$397,444
11$19,065$17,295$378,380
12$19,930$16,429$358,449
13$20,835$15,524$337,614
14$21,781$14,578$315,832
15$22,770$13,589$293,062
16$23,804$12,556$269,258
17$24,885$11,475$244,373
18$26,015$10,345$218,358
19$27,196$9,164$191,162
20$28,431$7,929$162,731
21$29,722$6,638$133,009
22$31,071$5,289$101,938
23$32,482$3,878$69,456
24$33,957$2,403$35,499
25$35,499$861$0

At the end of your 5-year term

Total paid over the term
$181,799
Principal paid down
$66,955
Interest paid
$114,844
Balance remaining
$481,045

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 5 whole-home leases in Tam O'Shanter-Sullivan$3,286/mo
$39,432Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,892 to $3,680Typical rent range
~20 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 5 whole-home leases in Tam O'Shanter-Sullivan signed at a median of $3,281 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,286. 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.

5.8%
Gross yield
− Property tax $3,422− Condo fees $9,884− Insurance $600− Vacancy & upkeep $4,338Net operating income $21,188

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.

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